Winchain Weekly Report
< October 28, 2019 — November 1, 2019 >

Important News:
Winchain super node pre-election ended on October 30, and the joint node pre-election was officially launched on November 1. Now, if users log in to the “Winchain Wallet” DAPP and lock position for 10 million WIN one year, they will successfully win the joint node.
It is reported that 100 joint nodes will be recruited in three phases, 30 in the first and second phases, and 40 in the third phase. Currently, the first phase of joint nodes will obtain 30% of the annual income, 30% of the lottery business share, and also enjoy the rights and interests of profits releasing every 1 month.
Project Development Progress
【Completed】
1. Finished the data arrangement and maintenance of all Winchain super nodes.
2. Completed the program deployment and launch of Winchain joint node.
【Processing】
1. According to the strategic deployment of African blockchain lottery, optimize and upgrade the bottom system.
2. Cooperation negotiation and program docking of Winchain joint node are in progress.
Community & Media
【WeChat】
Current total number of communities: 65 (8 core communities);
Total number of people: 31850+;
Number of new people: 100+;
Community Administrators: 19;
This week’s plan: Guide users to experience the original “lottery is mining” model by IP Planet in the way of airdrop and invitation ranking activities.
【Telegram】
Number of new people in the Chinese community: 100+ ;
Total number of people signing in: 11975;
Actual active users: 1915;
The number of people who earned points: 10243;
Points consumed: 49524 points;(by sign-in, chat, invite friends to earn points; guess to consume points)
This week’s plan: Focus on building core user groups and activate users through “IP Planet”.
Community Activity
1. Winchain comprehensively optimized the community activity plan and officially launched the series activities of “who is the king of points-phase IV” on November 1. Users could get corresponding points when they completed the tasks of signing in, sharing, bringing new users, creating articles in the community. At the end of the activity, the points could be converted into WIN according to the number of WIN held by “Winchain Wallet”.
2. Winchain community game “guessing the red ball” is in hot progress. According to the “Powerwin 49 choose 1” rule in “Winchain Wallet”, users can get 1000WIN reward by guessing the special red ball number. The activity will open at 20:00 every Tuesday, Thursday and Saturday. In addition, users can also grab 100 million WIN prize pool by logging in to IP Planet at 12, 18 and 20 o’clock every day. Welcome more users to participate actively!
Project Cooperation
1. Several core principals of Winchain participated in the 2019 global financial technology DeFi summit hosted by BiShiJie and CoinNess from October 29 to 31. In the meeting, Ethan Yin, its technical director, delivered a keynote speech entitled “the best landing application ecology and technological innovation entity of blockchain”. He said: there are obvious difficulties in the traditional lottery industry in terms of issuer credibility, lottery purchase process, lottery information storage, publicity of prize opening process, information supervision, verification of prize results, prize cashing privacy protection. Using the characteristics of blockchain can solve these problems, such as: using the data openness and transparency of blockchain can solve the trust problem; using blockchain to expose progress can solve the process supervision problem; decentralized account can solve the privacy problem.
2. Winchain participated in the offline exchange meeting of SpiderPool, and communicated with many well-known blockchain media, tycoons and KOLs, hoping to absorb more high-quality project experience, share industry resources, and promote the upgrading of project.
3. Winchain docked with Turbine Capital and discussed cooperation matters. It was expected to achieve strategic cooperation in the community and jointly build a high-quality community ecology.
4. Winchain docked with many medias, such as: Blue Whale, 36Kr, Huanqiu.com and planned to carry out multi-dimensional media publicity to improve its brand exposure and popularity.
Project Description
Winchain is a national-level underlying lottery system developed by the Winchain Open Source Technology Foundation team in Singapore based on the blockchain architecture. With its excellent blockchain technology and leading industry resources, the team used the decentralized thinking to revolutionize the lottery industry and developed the Winchain blockchain lottery into the standard for the underlying system of the world lottery. The team’s vision is to become the world’s leading lottery solution provider in the blockchain era.
