Founded by the technical co-founder of Factom, Jack Lu, Wanchain aims to unite the world’s digital assets and transform the digital economy. Wanchain will connect the various coins, tokens, and blockchains that make up the current ecosystem as well as the major digital currency networks and asset exchanges while also allowing for secure and private transactions between parties. Wanchain also aims to be a bank of the future and provide lending, payment, settlement, transaction, investment and financing solutions.
Wanchain has performed extremely well in recent weeks and has already doubled from its price of around $3.00 in early April. The WAN token is currently trading at a price of around $6.43 and the project retains a market cap of approximately $683M. Despite this, there is still room for growth as the Wanchain team recently announced a number of new ICOs scheduled to launch on their platform. The first, CryptoCurve, is a comprehensive crypto wallet that will act as a gateway to both Wanchain and the greater blockchain economy. The public sale for the project will only accept WAN tokens which will see a natural increase in both demand for and the price of Wanchain’s native currency.
Source CoinCodex