Wanchain (WAN) is a cryptocurrency or a form of digital asset. Wanchain (WAN) price for today is $0.19 or 0.000024 BTC with a 24-hour trading volume of $ 1.93 Million. WAN price changes -0.40 % in the last 24 hours. It has a circulating supply of 106.15 Million coins and a max supply of 0 coins.
Wanchain is a distributed super financial market based on blockchain. Wanchain aims to build a distributed future "bank." As a distributed digital-asset based financial infrastructure, Wanchain aims to allow any institution or individual to set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital assets. The core developers are based in the US and China.
|WAN/BTC Price||฿ 0.000024|
|24h Vol||$ 1,926,146|
|Market Cap||$ 20,403,308|
|Full Name||Wanchain (WAN)|
|Available/Total Supply||210 M - 0|
Wanchain is a distributed financial infrastructure based on digital assets it aims to offer, transactions, investing, loans, exchange and multi currency settlement systems.
Two main roles for the Wancoin are:
1) process fees for Wanchain transactions and cross-chain transactions
2) bond deposits at each node for ensuring cross-chain transactions.
In terms of applications, as more and more cross-chain transactions are processed by Wanchain and if Wancoin appreciates in value, Wancoin may become an intermediate currency for currency exchanges.
Token reserve split (49%):
The minimum contribution is 0.1 ETH. Wanchain v1 is expected to go online in Nov 2017.