This article serves to highlight the fundamentals and developments of Waltonchain. Part 1 focuses on the fundamentals and technology behind Waltonchain.

Part 1: What is Waltonchain?



Overview

Waltonchain is a decentralized platform which combines blockchain technology and the Internet of Things (IoT) using RFID (radio-frequency identification) technology to create a Value Internet of Things (VIoT).

Although the technology of RFID is not new, Waltonchain has patented unique RFID chips that can read and write data directly to the blockchain, thus creating a genuine, trustworthy, and traceable business ecosystem, with complete data sharing and absolute information transparency. The name of ‘Walton’ from Waltonchain is a tribute to the original inventor of RFID technology, Charlie Walton.

This interview with Waltonchain CTO Dr. Wei Songjie briefly explained what Waltonchain is doing and answered key questions regarding the project. “We think data equals value, and WTC is the carrier of the value”.

RFID

Waltonchain’s RFID chips has many patented features and advantages such as:

⦁ Anti-collision logic (significantly improving the tag recognition success rate and the number of identifiable labels at the same time)

⦁ High security (uses a core asymmetric encryption algorithm with independent intellectual property rights)

⦁ Low minute movement detection (optimized noise suppression technology to improve the noise figure)

⦁ Tamper-resistant (dedicated storage space is integrated into the tag chip)

⦁ Full compatibility with its blockchain technology (chips are designed to be compatible with Waltonchain’s blockchain)

⦁ Low-energy usage (long-lasting for around 20 years)

⦁ Low cost (cost below 5 cents per chip compared to 20 cents for a standard chip)



The actual chip is only 1mm in size (The dot above the ‘o’ in Waltonchain is the actual chip)

The RFID chip is developed by the subsidiary of Waltonchain, Silitec (technical support arm which specialized in manufacturing chips) and not out-sourced. The chip cost under 5 cents per tag (industry average 15-20 cents) and will be lower in cost in the future due to economies of scale.



Infographics of a RFID chip



The RFID chip has already been taped-out in early November and is currently being processed at the foundry factory. After the retrieval of samples and full tests being performed in January 2019, the test results will then determine the subsequent mass production. (Re-phrased answer from the CTO, Liu Cai in the Telegram December AMA)

Tokenomics

The native currency used is Waltoncoin (WTC). The uses of WTC includes but are not limited to:

⦁ Issuing sub-chains

⦁ Dividend Interest

⦁ Credit and Mortgage system

⦁ Distributed Asset exchange

⦁ Distributed voting and governance system

Further elaboration of the uses of WTC can be found here: https://www.reddit.com/r/waltonchain/comments/7rlkn9/excerpt_from_waltonchain_whitepaper_the_uses_of/.

Market Cap of WTC: $45 million ( Rank 79)

Current Price per WTC: $1.11

Max Supply: 100,000,000 WTC

Circulating Supply: 40,369,759 WTC

Distribution of Waltonchain’s tokens

Factors that drives up demand for WTC:

The need for child chains to purchase WTC via exchanges in order to pay the SMNs as reward for cross-chain data connection and interaction. With the increase of the amount of data being uploaded, as well as the increase in number of child chains, the amount of WTC used will also increase.

Factors that decreases the supply of WTC:

WTC is consumed when end-customers search the hash value of traceable products on the parent chain and during the verification of product data in the process of uploading to the blockchain. As a utility token, the usage of the network increasing will result in more WTC being consumed, thus decreasing the supply of WTC.

WTC tokens are used for:

Writing hash values, or ‘digital fingerprints,’ from child chains to the Waltonchain parent chain. This is one of the purposes of the parent chain — to ‘sync’ all child chains.

Accessing data/information from child chains. Every cross-child-chain interaction will also consume WTC.

Creation of child chains.

Ecosystem

Waltonchain is made up of a parent chain, Waltonchain, and many other sub-chains (child chains), which runs independently from the parent chain. The advantages of having child chains includes not congesting the parent chain, as the main transactions are run and stored in the child chains itself, instead of in the main chain like many other projects. This offers unlimited scalability as having more child chains will not congest and overload the network of the parent chain.

Ecosystem of Waltonchain

The child chains are also fully customizable to the specific needs of the partners, such as being able to choose to become a public or private chain, having a different consensus algorithm from the parent chain, having hierarchical chains (child chains within child chains), hosting ICOs off these child chains, supporting different programming languages such as Solidity, C++, Java, Python etc. Companies are also able to directly purchase pre-designed child chains that are already proven to work for other companies.

The main aim of Waltonchain is to connect data. In the Waltonchain ecosystem, the multi-chain architecture formed by the parent chain and child chains follows the development trend of cross-industry coverage in the blockchain technology. The innovative child chains for various industries utilize the encrypted and secure IoT data acquisition hardware to deeply integrate the business logic of specific industries and form an open industry expansion mechanism with strong vitality. Waltonchain is committed to incubation of 50 outstanding global child chain projects to build a massive cross-industry blockchain ecosystem.

Consensus Mechanism

Waltonchain’s consensus mechanism WPoC (Waltonchain Proof of Contribution) is one of the important mechanisms to maintain the benign development of the Waltonchain ecosystem. WPoC includes three components: PoW (Proof of Work) + PoS (Proof of Stake) + PoL (Proof of Labor). The parent chain uses both PoW and PoS to solve the trust issues of data verification, storage and circulation in economic activities within the ecosystem.

PoL is a brand new consensus mechanism for data transmission and token exchange between various parent chain, child chain and cross-child-chain nodes on the Waltonchain network. Initially, SMN will perform PoL. GMNs and MNs will be considered at a later stage.

The “Labor” in PoL is different from the current concept of “work” or “stake”. It is a mechanism with more realistic meaning. Labor stands for the actual tasks that are performed, such as the data that’s being uploaded or the transactions that are being confirmed. Different from the pure hash power (PoW) or token number (PoS) competition, PoL values more on the node’s actual contribution to others in the cross-chain mechanism. PoL will promote mining on the blockchain and the use of cross-chain data, thus encourage more participants of the Waltonchain ecosystem. The cross-chain nodes not only receive PoW and PoS rewards, but also child chain token rewards.

The whole Waltonchain ecosystem ensures blockchain self-protection through calculation and tokenization based on the reasonable fuel (Gas) mechanism. Therefore it is necessary to both realize cross-chain transmission without affecting data circulation and maintain the Turing complete ecosystem mechanism of Waltonchain. It is realized in cross-chain data transmission: extraction of hashes or indices basing on data features and storage on the Waltonchain parent chain makes it convenient to search for data in the Waltonchain network in the future. The required data can be found quickly and its authenticity can be verified quickly through cross-chain data.

Masternodes

Waltonchain has three different kinds of masternodes with varying incentives.

Firstly, Guardian Master Nodes (GMNs). GMNs are holders with a minimum of 5,000 WTC locked up in their private wallets at any point in time since 10 Dec 2017. As such, there can be no more GMNs created. The primary role of GMNs is to confirm the authenticity of cross chain data uploaded by the SMNs.

Secondly, Master Nodes (MNs). MNs are automatically achieved when a private wallet has 5,000 WTC.

Lastly, Super Master Nodes (SMNs). There will be a total maximum of 99 SMNs. To apply for SMN, applicants must hold not less than 100,000 WTC stored at an ERC20 address before token swap and at a WTC Wallet address after token swap. The last day to qualify for a SMN was on December 31, 2018. The specific SMN qualifications and reward mechanisms can be found at: https://waltonchain.org/en/index.php?s=/sys/list/7.html

Mainnet Mining rewards

Hardware Developments

The key feature of Waltonchain is the implementation of a blockchain hardware system to ensure that data is authentic and reliable from the source.

Hardware Wallet : Currently a prototype, which will soon be mass-produced.

RFID chips: as mentioned on above section on RFID

ASIC miners: ASIC miner will be ready at the end of March, which is followed by a pre-sale with discounts for SMNs and GMNs (not sure for MNs).

IOT-CT03





Besides a system core chip, a UHF RFID ceramic antenna is another key component of read-write equipment, which defines the transmission characteristics of modules and ensures wireless communication with RFID chips and tags.

IOT-RU20

The IOT-RU20 can automatically recognize RFID tags at a rate of 450 tags/s and collects data using RFID signals. It can therefore be used in many RFID systems and business scenarios. IOT-RU20 has all functions of traditional reader-writers and also integrates computer functions. It provides powerful data processing, various communication modes, including wireless, and has multiple interfaces.

The advantages of IOT-RU20 includes: 1. Reduced Interference & Misreading Rate, 2. Data Collection & Uploading to Blockchain,3. High Integration, User-friendly, 4. Perfect Support for Customer High-Level Application Development

Mass production of Mid-End IR Receiver Chips:

The mid-end infrared receiver chip (XMS8088) developed by Waltonchain’s technical supporter Silictec has entered the mass production phase.

The chip is mainly used in infrared remote control products with a wide scope of application, from air conditioners, televisions and other household appliances to remote control toys and covers practically every industry.

The other two chips developed by Silictec are the high-end anti Wi-Fi interference infrared receiver chip (XMS8098) and low-end infrared receiver chip (XMS8090). Their mass production is also scheduled for 2018. Apart from that, there are also an UHF RFID tag chip which is the hardware basis for the Waltonchain blockchain + IoT solutions and a miner core chip under development; their engineering samples will come out this year. In particular, the UHF RFID tag chip will help Waltonchain link all kinds of data in the Internet of Things in the future.

Software Developments

WTC-Food System:

Waltonchain teamed up with Fujian Skynovo IoT Technology to launch the world’s first blockchain-based two-way traceability food authenticity platform, WTC-Food. WTC-Food will achieve mutual benefit for consumers, enterprises and technology through the powerful and flexible data collection, information traceability and credit endorsement. It will be widely promoted and applied in the food industry in the future.

The food traceability system based on the Waltonchain blockchain technology and relevant hardware equipment includes video collecting equipment, sensors, smart terminals, a food traceability child chain, cross-chain nodes and a data inspection system platform. After adopting the system, data hashes can be extracted and uploaded to blockchain automatically through smart terminals to ensure that the data is tamper proof. Consumers can easily check the relevant data through the data inspection system platform

Introduction to WTC-Food System Video

WTC-Garment System:

WTC-Garment, the world’s first blockchain-based high-end clothing authenticity traceability platform, is developed by the global leader in blockchain + IoT, Waltonchain and China’s leading high-end clothing brand, Kaltendin. The platform not only improves the efficiency of business operations of high-end clothing retailers in manufacturing, logistics and store management through comprehensive smart solutions, but also provides an immersive shopping experience for customers. With the help of Big Data, the business can also analyze customers’ needs, improve service quality, data utilization, store sales and turnover rate.

The system can facilitate data circulation in production, logistics, warehousing, sales and other links, and ensure data authenticity and traceability of each garment. It can simplify the process, reduce cost for enterprises and ensure consumers’ interests by allowing them to check authenticity and quality of the purchased clothes easily.

Introduction to WTC-Garment system

Public Child chains

Freyrchain aims to build the world’s first Blockchain + Culture big data platform, a decentralized reputable platform for digital storage of artworks and development of art lovers. 2.

FashionET aims to build a high-quality fashion world, a fashion community initiated by users and voicing their desire. The latest fashion content from all over the world is discovered, produced and gathered on FashionET.

MoneyNet is a major Korean cryptocurrency community. It provides latest news on blockchain and cryptocurrencies, investment information, chart analysis, project analysis and tutorials for beginners.On the bedrock of its technology and years of expertise, MoneyNet is committed to creating an incentivized user community where users receive fair rewards according to the value they created.

Waltonchain Team

The Waltonchain team is composed of a group of pioneers specializing in the integration of block chain, Internet of things, and RFID technology. The team members include Chinese and Korean elite talents from the circles of business, academy and investment. They endeavor to extend the block chain technology to the Internet of Things, with strong commitment to leading the tides of technology in the rapidly-changing times. The following diagram is the organisational structure of the team.

More information about the founders, team members and advisors can be found at: https://waltonchain.org/en/index.php?s=/sys/list/16.htmlh

Organizational Chart of Waltonchain

The size of the team, including the subsidiaries are currently at 181 members, of which 75% are developers. Particularly: Silitec Group- 99 members, Waltonchain operations team- 18 members, Ginkgo Capital- 9 members, and Xiamen IoT (Citylink + ZhongChuan)- 55 members. These are statistics provided by the Waltonchain team in the Telegram December AMA.

Part 2: Strategic Partnerships and Government Links

Walton Blockchain Institute:

Waltonchain have signed a partnership agreement with the Korean Standards Association (KSA) to co-operate on key areas of blockchain development.

About KSA: The Korean Standards Association, a public organization under South Korea’s Ministry of Trade, Industry and Energy (MOTIE), was founded to contribute to the development of Korean economy by boosting industrial standards and quality management, thus promoting scientific techniques and improving production efficiency.

Through this agreement, both parties will cooperate in the following three aspects:

1. Blockchain education program design and operation;

2. The inclusion and operation of the blockchain private qualification system and qualification verification.

3. Participation and operation of government support topics in the blockchain industry.

Dongdaemun Fashion Town:

About Dongdaemun: Dongdaemun Fashion Town is the largest fashion district in South Korea, with wholesale shops, individual shops and cultural spaces for individual visitors to enjoy. It is the most popular fashion shopping district for local South Koreans and a must visit place for foreign visitors, attracting 1 million daily visitors and 8 million foreign visitors every year. There are more than 35,000 stores in the fashion town generating some KRW 50 billion daily sales, making it one of Asia’s largest fashion markets.

An agreement has been reached on the application of the blockchain technology and commercialization of Waltonchain RFID chips in Dongdaemun Fashion Town Tourism Zone. The various parties will work together to promote the development and application of blockchain + RFID technology in the fields of retail distribution, logistics, store management and customer service. Waltonchain will provide the RFID chips and readers independently developed by Waltonchain to the Dongdaemun Fashion Town.

This is just the first step of the cooperation with DDM. Waltonchain will develop blockchain applications for the clothing industry together with DDM in an effort to upgrade the clothing industry with technology, to reduce cost in every process, to better manage data and increase sales.

Clothing/fashion industry is an important part of Waltonchain’s ecosystem and any of its progress will be beneficial for the development of Waltonchain’s brand awareness, its ecosystem, and also for all its token holders in the long term.

Alibaba Cloud:

The partnership of the Xiamen ZhongChuan IoT Industry Research Institute (Waltonchain’s subsidiary) and Alibaba Cloud will provide Alibaba Cloud with multiple IoT application solutions designed by the ZhongChuan IoT and help establish an artificial intelligence hub for urban management and promote the smart city development. The partnerships also involves joining hands in the areas of smart city solutions and blockchain application schemes.

The partnership focuses on:

1. Promotion of Waltonchain blockchain technology to achieve the municipal and commercial IoT coverage.

2. Establishment of new smart cities in Xiong’an and Yuhang.

3. Construction of smart city schemes and their application; resource allocation optimization and achievement of smart resource allocation through the blockchain + IoT technology.

As a partner of Alibaba Cloud, Xiamen ZhongChuan IoT Industry Research Institute assists in the development of Wuzhi New City. With input from Alibaba Cloud IoT Smart City Platform and its ecosystem partners, Wuzhi New Industry City has reached full digitalization and coordinated control.

In the New Industry City, Xiamen ZhongChuan sets up the smart construction site. It integrates radius variation, height, weight, etc. sensors into tower cranes. It ensures comprehensive tower crane safety and prevents cranes from collision into one another or engineering structures.

Xiamen ZhongChuan also provides project managers with key onsite safety monitoring indicators such as high formwork or deep foundation pits etc. Based on the data analysis results, the Institute identifies safety problems and provides early warning to realize comprehensive management of the digitized smart construction site connected to the Internet.

One of Zhongchuan’s sensors

Huodull Technology:

About Huodull:

As a global leader of one-stop cross-border logistics, Huodull pursues the transformation of traditional logistics by integrating big data and cloud technologies. This helps small and medium-sized enterprises improve logistics efficiency and save logistics costs through the “Internet + cross-border logistics services” model.

Waltonchain will assist Huodull by providing a blockchain solution which compliments Huodull’s existing cross-border logistic systems Waltonchain and Huodull will combine their resources s to promote the application of blockchain in the logistics and global IoT industries via the advantages afforded by a decentralized blockchain technology. This partnership is a demonstration of real-world usage and signals an evolution in in global trade protocols by the use of blockchain-based IoT systems pioneered by Waltonchain.

GOME Finance:

About GOME Finance: GOME Finance is a subsidiary of the GOME Holdings Group. GOME FINANCE has the perfect use of financial services in retail scene relying on its 31-year industry experience, science and technology, and support of numerous satisfied users. By the end of 2017, GOME FINANCE realized 100% coverage in China with 1,600 offline GOME Electrical Appliances retail stores across the country and provided comprehensive financial services to over 10 million users.

Silictec, Waltonchain’s subsidiary and GOME FINANCE reached a blockchain strategic cooperation aiming to combine GOME’s financial strength in industry chains and financial technology and Silictec’s strength in the blockchain technology, give full play to their market resources and technical features and build strong business cooperation, marketing and industrial promotion together.

ISHIJAH Trading:

About Ishijah:

Xiamen Ishijah Trading Co., Ltd. focuses on airport business services. It is the №1 coffee brand of the Civil Aviation Administration of China (CAAC). In 2011 it was officially authorized by the Diaoyutai State Guesthouse to become the first and only coffee brand in Fujian province, and the only coffee brand in airport service area to obtain distribution rights of Diaoyutai Coffee, a coffee brand especially served to heads of foreign states and VIPs during official visits.

This partnership with ISHIJAH deals with the practical application of RFID and blockchain technologies in the catering industry. By adopting RFID tags bound to food ordered by clients, and utilizing the RFID smart billing platform, the brand-new chip-based smart billing model is established. Data is loaded to the chain automatically and the accurate integrated management of food and beverage services is achieved.

Kaltendin and Skynovo:

Together with Kaltendin and Skynovo, Waltonchain released two applied blockchain pilot projects at the event. Waltonchain is the first enterprise to implement the public chain + IoT model. It released the world’s first blockchain-based high-end clothing authenticity traceability platform, WTC-Garment as well as the world’s first blockchain-based two-way traceability food authenticity platform, WTC-Food.

China Telecom (Zhangzhou + Xiamen Branches):

As one of the three largest telecommunications enterprises in China, China Telecom possesses advanced network and platform resources and is the first to build an NB-IoT network with the widest coverage in the world. Its partner, Citylink, is very strong in the areas of city intelligentization and informationization through software and hardware products, system solutions and blockchain technology applications. By combining their respective advantages, the two partners will jointly promote the construction of Smart Cities and the implementation of Waltonchain technologies in smart neighborhoods and smart sanitation during Phase 1 of the project.

Citylink have developed smart eco-dustbins, a smart street lights control system and other smart public facilities. Combined with Citylink’s blockchain technology, smart eco-dustbins and the street lights control system unite with the advanced NB-IoT communication technology and the corresponding sensing control equipment to achieve real-time, dynamic, multi-index monitoring. Intelligent monitoring data sent to the management system through the NB module is automatically loaded to the Waltonchain blockchain to achieve synchronization of energy intensive monitoring and control, as well as equipment and environmental data, with the smart neighborhood/smart city cloud platform. This enables real-time control over the location of the facilities, working conditions (e.g. bin load, brightness and shade of street lights, etc.), and the formation of efficient and accurate linkage. It also greatly improves the operation efficiency, stability and safety of the facilities, as well as greatly reduces the cost of management and maintenance.

Great Hall of China:

About the Great Hall of China:

It is a state building located at the western edge of Tiananmen Square in Beijing. It is used for legislative and ceremonial activities by the People’s Republic of China (PRC) government.

Waltonchain was invited to this forum together with the former Deputy Minister of the Ministry of Science and Technology of the People’s Republic of China Mr. Zhang Jing’an, the former President of the Bank of China, the head of the Blockchain Working Group of the National Internet Finance Association of China Mr. Li Lihui, the former Deputy Director of the Development Research Center of the State Council of the People’s Republic of China Mr. Hou Yunchun and other officials and experts. The forum aims at helping companies to further explore the opportunities for the development of the digital economy and promote the technological innovation of enterprises using a common approach in order to make a positive contribution to the construction of digital China.

As the distinguished guest at the rostrum of the forum, Waltonchain CEO Mo Bing discussed the technology innovation of blockchain with the present national officials. At the forum, Mr. Mo Bing addressed the current domestic and global blockchain technology development. He also noted that blockchain has a wide range of application scenarios which are not limited to financial payments. The trust system brought by blockchain will bring value to the society, which is the cornerstone of the smart society in the future.

Visit by Government Officials from Fujian Provincial DRC:

Fujian Provincial Development and Reform Commission is an administrative department under Fujian Provincial Government; its operation is guided by the National Development and Reform Commission of China. The main responsibilities are the implementation and coordination of economic policies, the study of local economic and social development policies, the implementation of macroeconomic control at the provincial level, and comprehensive coordination of economic and social development.

The Deputy Director of Fujian Provincial DRC visited Waltonchain technical subsidiary IOT Technology Co., Ltd. in Xiamen, Fujian Province. He

visited the exhibition hall of the IOT Unmanned Clothing Retail Store to learn about IOT’s Unmanned Clothing Retail Store Solution. The solution utilizes the RFID + Blockchain technology, integrates a big data blockchain cloud platform and customized smart terminals. The solution manages smart terminals, product data storage and real-time operation data analysis of each store. It fully realizes storage, cashier, anti-theft & shopping guide intelligentization.

IOT’s Unmanned Clothing Retail Store Solution

Visit by delegation from Zigong City, Sichuan Province

A delegation from Zigong City, Sichuan Province visited Waltonchain subsidiary Citylink. The delegation included officials from Zigong Municipal CPPCC Committee, deputies to the National People’s Congress, the Commission of Economy and Informatization, the Development and Reform Commission and the Tourism Administration of Ziliujing District, Zigong City, Sichuan Province. Citylink presented its Smart Waste Classification System to the delegation.

Smart Waste Classification System

The delegation expressed a high interest in the Smart Waste Classification System developed by Citylink Technology and highly praised the innovative R&D achievements of the company in this field. Mr. Liu, the Deputy Director of Ziliujing District Tourism Administration of Zigong City, also learned about the potential application scene of the Smart Waste Classification System in tourist attractions and expressed his hope to develop in-depth cooperation in the future.

Part 3: Others

Upcoming Developments in 2019

We can look forward to an exciting year ahead of Waltonchain as it begins its ‘rapid development phase’.



Waltonchain’s latest Mainnet R&D, testing and swap schedule



The picture above shows the scheduled dates of the Mainnet testing, the full open source of the Waltonchain code, as well as the actual Mainnet token swap.

Key Exchanges Listings

Bitfinex/ Ethfinex

Bithumb

Huobi

Binance

Kucoin

OkEX

Common Concerns

Many people voiced their concerns over the delay in token swap, and to know the exact date of the token swap, which had just been addressed as above in the recent Telegram AMA. The Waltonchain Mainnet is already live, however ERC-20 WTC tokens are still in use. Miners that are currently mining in the Mainnet earns temporary WTCT tokens, which are not tradeable in exchanges.

The main reason why the token swap did not happen swiftly unlike other Ethereum ‘clones’ can be seen from the difference in structure of the Waltonchain token ecosystem. With the cross-chain data connections and integrations with the various child chains, as well as SMNs being vital to the ecosystem (the SMN recruitment program only ends on 31 Dec 2018), as a result the full tests will likely only begin in 2019, resulting in the token swap to be delayed.

Another concern is about Waltonchain’s partners not announcing news of partnerships with Waltonchain. It is not a common practice for some of the non-blockchain Chinese partners to announce partnership news. Moreover, most of the partnerships are with Waltonchain’s subsidiaries and not directly with Waltonchain itself, hence they may not mention that they are cooperating with Waltonchain. In addition, until regulations become clear, companies in China may not want to associate themselves with cryptocurrencies, hence they avoid making a public statement about cooperations.

There are also many people questioning the decentralization aspect of Waltonchain due to the source code being closed. Waltonchain has announced that it will be fully open-sourced on March 2019. The intention has always been to fully open-source and let the community build upon the Waltonchain ecosystem.

Can Waltonchain survive in this Bear Market?

Waltonchain has multiple subsidiaries that are able to generate profits from its sale of hardwares and solutions. Waltonchain also secured various government funding, such as by the government of Fujian Province of 5 million Yuan and also the Jimei District Innovation and Entrepreneurship Support Fund from Jimei District Xiamen City. In addition, Waltonchain had also raised ICO (Initial Coin Offering) and secured some funding.

The team has stated in the recent Telegram AMA that they are financially stable regardless of the crypto market situation.

Personal Opinion



Crypto is here to stay. Industries and companies already started looking into blockchain technology and even have their own blockchain R&D branches to leverage the blockchain technology. I strongly see Waltonchain building up to become a giant global brand within the next decade with its strong team and technological advantages. There is no existing competitor which did anything close to what Waltonchain has achieved or will achieve in the future.

I understand that the current market sentiment is very bearish, and many crypto projects are failing and ran out of funds. People are hesitant to buy alt-coins despite a year ago FOMO-ing into every other alt-coins and wishing to buy at these current prices. Now is the opportunity to research and invest into the projects which has real potential to disrupt entire industries and become market leaders. Waltonchain is one of them. Of course, this is my personal opinion and does not constitute as financial advice. The bottom may not be in, and may even go significantly lower. However, do not miss the opportunity when the bull market returns, or real world use-cases which drives up the price of WTC comes, whichever is earlier.

†heCryp†Ar†

Twitter: @cryptarted

About Myself

I am 21 this year, from Singapore. I am currently serving National Service (NS), a form of compulsory military conscription for 2 years. In my free time, I would read up on and research about various crypto and blockchain developments and news.