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  3. Waltonchain Q1 2020 Work Progress



Cross-chain system maintenance: transaction mechanism upgrading ongoing

KIRINMINER Mall, KIRINPOOL and WTCwallet server takeover from Silicon Shenzhen Electronic Technology Co., Ltd. completed

App Development

New decentralized mobile wallet test version completed, internal testing completed, release preparation ongoing


Transfer of intellectual property rights and product ownership rights from Silicon Shenzhen Electronic Technology Co., Ltd. ongoing


In Q1 2020, Walton Chain Foundation spent 7,980,000 WTC.

· Binance token swap deposit and USDT pair listing fee: 4,000,000 WTC (2,000,000 WTC is returnable)

· Token exchange with TAIBI: 2,000,000 WTC

· Token swap & event fees, KIRINPOOL and community rewards: 980,000 WTC

· Server maintenance, software development & maintenance: 500,000 WTC

· HR: 500,000 WTC

BD & Operations

Waltonchain Q1 2020 AMA was held in Waltonchain Chat in Telegram on January 7 (UTC+8) and broadcasted in OKEX chats in Russia, Spain, Turkey & Ukraine

20 most active community supporters won Ellipal Titan hardware wallets (shipping has been suspended till after the epidemic finishes and global express shipping services operate normally)

10,000,000 $WTA pre-mining for all users took less than two days and completed on January 15

Waltonchain Team Token Airdrop and Burn Plan finished on January 18 with no trigger conditions reached, 8% of the team’s tokens is released monthly

ERC-20 WTC was listed on Incognito pDEX, WTC/PRV pair is live

Waltonchain updated the list of global ecosystem supporters

As part of the gradual switch to mainnet, Walton Chain Foundation has destructed 43,121,161.3068598 ERC-20 WTC tokens (61.6017% of WTC tokens issued on Ethereum)

Waltonchain Chief Expert Mo Bing’s interview to Milin Finance: How to Use Blockchain Technology for Better Epidemic Prevention and Full Traceability of Epidemic Information

Due to the influence of COVID-19 epidemic, Waltonchain technical supporter Silicon Shenzhen Electronic Technology Co., Ltd. was actively dissolved

Ronance listed mainnet WTC and completed the 20% off subscription for 32,150 $WTC in less than 30 minutes

TAIBI and Walton Chain Foundation reached deep ecosystem partnership and exchanged 2,000,000 TBI for 2,000,000 WTC

Waltonchain, MEDIUM and Smart C&I Signed an MOU for Building Smart Cities

Starting from March 17, KIRINPOOL payouts and Waltymall withdrawals switched to mainnet WTC coins

Binance, Bithumb, KuCoin & HitBTC completed WTC token swap

WTA staking started in WTA App on March 31