Introduction to WanLabs, Wanchain’s Blockchain Startup Accelerator
Wanchain is an industry-leading company with the vision of securely connecting all the world’s digital assets across any blockchain to enable the future, inter-connected digital economy. In today’s fast-moving blockchain industry, projects are sprouting up at a high frequency, but many of these projects do not have the necessary resources to reach a successful ICO.
In fact, Statis Group released figures in a March 2018 analysis showing fewer than 4% of ICOs with market caps of $50–100M were considered “successful” or “promising (source). The rest were considered scams, failed, dead, or dwindling.
To simplify the process for projects we have created a new WanLabs webpage. The new site outlines the different services provided by WanLabs and a detailed application form for projects to register their interest. Once a project makes a submission, our business development team will begin the extensive review process. If a project passes through the first stages of the review process, our team will reach out for further information from the project’s core team.
WanLabs seeks to combat this recurring issue by fostering the growth of top-tier companies with stellar teams, forward-looking ideas, and promising technologies that bode well with Wanchain’s strategy and ecosystem. These promising startups go through a thorough evaluation process before being offered a place in a class of WanLabs projects.
Projects accepted into WanLabs are supported with:
- Blockchain Advisory that helps prepare projects for a successful launch
- Technical guidance from Wanchain’s world-class engineers to overcome any integration challenges.
- Funding to support necessary expenses and activities.
- Introductions to legal support from top blockchain experts guiding projects through the complex global legal environment.
- Marketing and PR advisory, community building, exposure to Wanchain’s global (200k+) community, and access to our global partners.
- Global resourcing with connections to our international business development team.
WanLabs is comprised of CryptoCurve, Freedium, Allspark, THA, Blockmedx and Intellos.
Freedium is a Blockchain service for financial inclusion offering a stable currency and providing liquidity to commodity owners in emerging countries. Freedium is building a network of solutions to address the needs of 6bn people and 60% of the worlds GDP.
CryptoCurve’s first product is the Curve Wallet. As the ‘Front-End’ of Wanchain and Browser to the Blockchain, the Curve Wallet enables anyone in the world to seamlessly interact with all their digital assets across different technologies and systems. Future products will include CurveSDK, a software development kit (SDK), that allows developers to share standard tools to easily build and create new blockchain applications on the CryptoCurve platform.
AllSpark is a public blockchain platform that optimizes the production relationship between content creators, advertisers and social media users. Utilizing transaction privacy protection and Ethereum smart contract features, AllSpark lays the foundation for a new wave of revolutionary content-sharing DApps. On the AllSpark platform, content creators, distributors, and consumers can participate in a revolutionary economy of pure content trading wherein various mechanisms of their choice are established. Thereafter, the free market will determine the content’s value and related creators and distributors can see proportionate returns.
THA’s full name is Theia which come from ancient Greek mythology. THA Wallet is not only a tool for asset management, but also a user co-created, co-shared and co-managed platform based on cross-chain technology. Users can choose various dApps to be involved in THA’s ecosystem. More importantly, users can benefit from using THA’s Wallet by using any of its functions. Furthermore, 80% of the profit from ICO projects, exchanges, asset managements, etc. will be rewarded to THA holders. This is what THA calls “using as mining”.
BlockMedx, a blockchain company in Pharma tech that is joining WanLabs. They are a healthcare infrastructure project focusing on prescription drug fraud, abuse, and non-adherence. BlockMedx is building a next-generation smart e-prescribing and analytics ecosystem that can be used anywhere in the world to send and receive electronic prescriptions, predict patient risk behaviors, and automate micropayment incentives using the token economy to incentivize healthy behavior.
Intellos is closing the global wealth gap through decentralized community driven investing. Intellos uses the powerful combination of human IQ and AI to deliver exceptional performance for traders and investors in the global financial markets.
Wanchain is confident that, with support of its internal capabilities and industry-leading service partners, WanLabs projects will be given the necessary tools and resources to achieve success in the short, medium, and long term.
WanLabs, run primarily out of the company’s global hubs in Austin, Beijing, and London, is accepting applications on its website for evaluation for future WanLabs classes. Please visit the new WanLabs website to learn more and apply for WanLabs.
Interested in working for WanLabs as a Business Development Manager?
Please visit https://wanchain.org/wanlabs/career to join our team.