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Q1: How much money was raised through WTC ICO and sales? How much of these was used directly for WTC mainnet development, how much was used to fund hardware development which is the IP of Silictec, how much was used to fund nonrelated activities? Of the money used on Silictec R&D, will Waltonchain ever give benefit to WTC holders if the technology (eg smart box, clothes system) is sold to other companies like China tech giants? Or does Silictec and Mo Bing and team members keep the benefit for themselves even though the cost is from WTC community?

A1: Silictec and Waltonchain are two independent companies. In 2017–2020, Silictec provided paid core software and hardware support, child chain incubation and applied solution services. These are inevitable expenses for implementation and ecosystem expansion. Besides the above support for Waltonchain, Silictec also has other revenue from sales of software and hardware services and is fully capable of covering its own IP and R&D expenses. The products developed by Silictec for Waltonchain (RFID chip, miner chip and miner) belong to the core team members and partners of Waltonchain. Waltonchain uses a part of the product sales revenue for buyback and burn, and the rest for the Waltonchain ecosystem development. …


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Dear global Waltonchain supporters,

The application for SMN/GMN WTA pre-mining ended at 17:00 on November 3, 2019 (UTC+8). On October 9, 2020, Walton Chain Foundation completed the distribution of 956,693.1824 pre-mined WTA. The 360-day WTC lock-up ended on October 28, 2020. On October 30, 2020, Walton Chain Foundation sent back 1,255,460.543 WTC to 47 SMN and GMN users.

Walton Chain Foundation hereby announces the start of WTA buyback at the ratio 9 WTA = 1 WTC.

WTA Collection Period: November 2 to 6, 2020 (UTC+8).

From November 2 to 6, 2020 (UTC+8), SMN/GMN WTA pre-miners willing to participate in WTA buyback need to send WTA to the official WTA pre-mining address:
0x957ecfC82E72D5E49be43E882dbe8dB6E3f1B49E
The maximum buyback quota shall be the total WTA amount received by the respective SMN/GMN user. …


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KirinPool.com domain was taken over from Silicon Shenzhen.

Waltonchain came to the App Store. On September 4, WTA App was listed on the App Store.

WTCwallet v2.0: completed the development of UI, front end, WTC coin and WTA token support and decentralized node.

Blockchain explorer v2.0: completed the development of front-page UI, WTC coin and WTA token support, a part of APIs and the script for counting GMN addresses on Ethereum and mainnet.

Hardware

Waltonchain Box v2.0 was released on September 30. …


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Dear global Waltonchain supporters,

Addresses of the Waltonchain ecosystem holding not less than 5,000 WTC since December 10, 2017 are GMN (Guardian Master Node) addresses. Waltonchain fully operational mainnet has been in stable operation after the security audit for one year and after the start of SMN & GMN Token Swap on May 10, 2020, 38% of all GMN users have joined it. According to Waltonchain Progressive Mining Reward Program, Walton Chain Foundation started the GMN Reward Program and has already completed the Airdrop 01.

GMN reward pool accounts for 4 million WTC among the pre-mined 30 million. Waltonchain team performed a snapshot of mainnet GMN addresses at 18:00 PM on September 8, 2020 (UTC+8). At Airdrop 01, 352 GMN addresses received 100 mainnet WTC. GMN holders who haven’t joined the token swap will receive rewards from the missed airdrops at the nearest airdrop after they join the token swap. …


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This is the official release of Waltonchain x Crypto.com Community AMA held in the Telegram group of Crypto.com (https://t.me/CryptoComOfficial) at 18:00 on August 4, 2020 (UTC+8) (edited version).

Participants:

C: Crypto.com Community Manager Dahee (@DaheeCDC)

D: Waltonchain CEO Do Sang Hyuk (@dosanghyuk)

M: Waltonchain Chief Expert Mo Bing (@MobingWTC)

C: Welcome to Waltonchain x Crypto.com Community AMA!

Our chat is muted for this AMA. We will open shortly for Live Q&A so please bear with us.

Today we are welcoming our guests from Waltonchain.
Mr. Do Sang Hyuk (@dosanghyuk), CEO of Waltonchain
Mr. Mo Bing (@MobingWTC), Chief Expert of Waltonchain

Welcome both! …


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Image by People’s Daily Online — Korean Channel

July 16, 2020, 15:15 Source: People’s Daily Online — Korean Channel

Blockchain is one of the core components of Industry 4.0. It has gained traction and has been developing vigorously. In the coming 4 years, the Korean Government will invest KRW 300B (about USD 250M) in blockchain technology development. Today, we visit the training base for blockchain experts, Korea Blockchain Institute, to learn about blockchain education and development in Korea.

Reporter (R): Hi, everyone! This is People’s Daily Online Korea. Today we are lucky to visit Korea Blockchain Institute. We will know about blockchain education and development in Korea. Hi, Mr. Secretary! …


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Mainnet

Main node upgraded to https

Products

· New decentralized mobile wallet release: Waltonchain Wallet for mainnet WTC and WTA (Android/iOS, Play Store)

· Waltonchain Wallet code open source: Android, iOS

· Waltymall closed

· MetaMask mobile supports mainnet WTC & WTA (with custom RPC): Android, iOS

· Application for adding Waltonchain mainnet as default network to MEW web ongoing

· WTA App Android upgraded to v1.0.13 to support Android 10 (Q)

Hardware

Waltonchain Box

1. Selection of a CPU with lower power consumption, update of the low-power control strategy for better suitability for solar power supply applications

2. Hardware solution optimization for cost…


Update: The weekly number of swap participants has decreased. Starting Oct 16, 2020, Waltonchain will send mainnet coins to users who perform the token swap every two weeks on Fridays.

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Dear Waltonchain supporters,

Up to now, OKEX, TAIBI, Bithumb, Binance, Bitcoin Meester, KuCoin, Ronance, HitBTC, Huobi, LATOKEN and Coinmerce have joined WTC token swap; and other exchange platforms are about to follow them. We hereby announce that from 00:00 (UTC+8) on May 10, 2020, Waltonchain starts WTC token swap for SMN/GMN users. The official reception address for SMN/GMN token swap is: 0xFE9c464cd7514A07126cD602d96A4D7f845c6aB0

SMN/GMN users holding ERC-20 WTC tokens in hardware and software wallet addresses shall perform token swap as…


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Dear global Waltonchain supporters,

Waltonchain’s decentralized mobile wallet (Waltonchain app) is ready and launches on April 27, 2020. The wallet currently supports the functions related to mainnet WTC and WTA, including:

1. Import of an existing address by private key or mnemonic phrase;

2. Creation of a new Waltonchain mainnet address (WTC and WTA are supported);

3. Export of private key or mnemonic phrase;

4. WTC and WTA transfer.

Download links:

App Store: https://apps.apple.com/us/app/waltonchain-wallet/id1533626046

Google Play (Android 8.0 or above): https://play.google.com/store/apps/details?id=pro.waltonchain.wallet

Notes:

1. Waltonchain app does not save your private key or mnemonic phrase. …


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Software

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

Hardware

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

Expenses

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…

About

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