Overview
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OpenWhat is WaykiChain
WGRT is the abbreviation of governance coin. It also represents WaykiChain Great. The W represents WaykiChain, G refers to Governance. R refers to Right. T refers to Treasure.
WGRT acts as a regulator in the system. When the stablecoin system functions regularly, the system will purchase WGRT from the market, to repurchase and destroy the interest incurs from generating WUSD and the penalty from CDP liquidation. Therefore, WGRT will continue to deflate in long-term operation.
In Black Swan Event, if the value of a collateral asset falls dramatically, causing part of CDPs to enter insolvent state without liquidation (theoretically refers to a collateralization rate less than 100%, but no greater than 104% in practice), the system will use the Risk Reserve to resolve the insolvency and close the CDP, as well as issuing new WGRT to purchase WUSD from the market for repaying the Risk Reserve（the amount of additional issue is subject to the insolvency）.
DetailsPre-sales: Oct 01, 2019 - Oct 31, 2019IEO (Okex Launchpad): Jun 17, 2020 - Jun 17, 2020 Total tokens for sale: 333,333,333 WGRT Raised: 2,000,000 USD LegalCountry limitations: China Mainland, China Hong Kong, Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, USA [including all USA territories such as Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John, and St. Thomas)], Bangladesh, Bolivia, Ecuador, and Kyrgyzstan | Token infoTicker: WGRTType: Utility-token Token price in USD: 1 WGRT = 0.003 USD Funds allocation: 30% - Community 15% - Strategic deployment 15% - Development team 20% - Marketing promotion 10% - WaykiChain super node voting rewards 10% - Airdrop |
WaykiChain Roadmap
WaykiChain project launched
WaykiChains initial team was built
WaykiChain launched the development of underlying blockchain system
WaykiChain launched the development of decentralized betting game application
Introduced the resources of decentralized betting game industry
Planned and prepared WaykiChain project launch
WaykiChain(WICC) was listed in 5 exchanges simultaneously including Huobi Pro
WaykiChain Spring Festival rally
As the one and only invited team in blockchain industry, WaykiChain attended China Development Forum hosted by DRC of the State Council
WaykiChain Wallet DApp V1.0 development was completed
Tony Chau from WaykiChain Attended the Global Blockchain Elite Forum and Delivered a Keynote Speech
WaykiChain mainnet was officially launched; WaykiChain product launch conference was held in Shenzhen with more than 1,000 attendees
WaykiChain Wallet DApp launched; AEX supported WaykiChain mainnet migration
WaykiChain held world roadshow in Korea and marked WaykiChains expansion into international market
2018 Global Sleepless Blockchain Leaders Summit & China International Blockchain Product and Device Exhibition
WaykiChain DApp was updated to V2.0
WaykiChain executives visited Russia and discussed cooperation with Russian dignitaries
WaykiChain officially released the open source code of DApp-IOS V2.0
WaykiChain Was Invited To Aattend The 2nd HNTEC
"Huobi WICC Trading Competition" was successfully completed, and 2.5kg pure-gold football trophy was awarded to the winner
WaykiChain and FoundGame reached strategic cooperation to co-develop game application ecosystem
WaykiChain signed a legal advisory service contract with Beijing Yingke Law Firm
WaykiChain successfully held investor appreciation meetup
WaykiChain China Tour came to a perfect ending
WaykiChain CEO Gordon Gao showed up on TV program "Hello! Interviewer"
WaykiChain and AEX co-held "The World Cup Prediction Compitition", and the top 1 winner was awarded with 2.5kg pure-gold football
"Big Ecosystem" of WaykiChain Attracted Industry Attention at "2018 Huobi Round-the-Globe Tour"
WaykiChain held a media meetup
WaykiChain and CAITEC reached strategic cooperation
WaykiChain announced official mascot
WaykiChain 2019 Campus Recruitment kicked off; T2D2 program was launched at the same time
WaykiBet V2.5 was launched
WaykiTimes V1.0 was launched
WaykiChain completed the internal testing of blockchain lottery DApp
Huobi Global supported WaykiChain mainnet switch
WaykiChain Developer Portal was officially launched
WaykiChain CEO joined in Huobi University genesis class
WaykiChain celebrated one-year anniversary for project launch
WaykiChain Developer Documents in Chinese and English were officially released
WaykiChain was awarded Top Commercial Application Potential by Jinse Finance
WaykiChain was invited to attend the second Chainers Blockchain Week in South Korea- Chain Plus Summit
WaykiChain kicked off its Developer Incentive Program to accelerate WaykiChain’s application ecosystem’s building
WaykiTimes entered mainstream app stores: Google Play app store, Huawei application market, Xiaomi application market, Tecent Myapp and 360 App Store
WaykiChain Developer Portal (English) is Up.
WaykiChain Main Net is upgraded successfully.
WaykiChain has released the web wallet Plug-in WaykiMax.
The first lecture of ‘Blockchain Preschool’ was held for talent introduction and the co-building of ecosystem
The international version of WaykiTimes is launched
WaykiChain was invited to attend China Development Forum for the second consecutive year
The second lecture of ‘Blockchain Preschool’
The third lecture of ‘Blockchain Preschool’
WaykiChain(WICC) launches $1.5 Million DApp Funding Program
The forth lecture of ‘Blockchain Preschool’
WaykiChain(WICC) was invited to participate in the Token Sky Hong Kong and TFC Pan Games Conference.
Game on Chain Salon: millions of funds empowered game ecology
WaykiChain(WICC) Global Partner comes out,accelerating expansion overseas.
WaykiTimes V1.3.0 version upgraded,experience the new features.
Unicorn investment exchange platform CTFEX launched on WaykiChain(WICC),leading the new global venture capital.
WaykiChain(WICC) X Huobi Korea Hackathon
WaykiChain WICC offline meet-up(Shenzhen) ended successfully
WaykiChain Global Tour (Singapore) was successfully held
WaykiChain Global Tour (Turkey station) was successfully held in Istanbul
WaykiChain (WICC) public chain V2.0 is officially launched
WaykiChain was invited to attend Eurasia Blockchain Summit in Istanbul
Chairman of Capital Market Authority(CMA) of Montenegro visited WaykiChain (WICC)
WaykiChain (WICC) was invited to attend World Blockchain Conference in Wuzhen, China
WaykiChain was successfully listed on Bithumb, the largest cryptocurrency exchange in South Korea.
WaykiChain Global Tour (Vietnam) was successfully held in Hanoi
WaykiChain was invited to attend 2019 Future Business Ecolink Conference in Shenzhen, China
WaykiChain, as the only chinese company, was invited to participate in Games.con festival in Belgrade
Return visit of WaykiChain (WICC) to Montenegro Government, Detailing the National-level Cooperation Intention
WaykiChain (WICC) Being Invited to Global Blockchain Congress: Global Witness of China’s Blockchain Industry Superiority
WaykiChain CTO, Richard Chen has been invited to deliver a informative speech in UDG（University of Donja Gorica)
WaykiChain (WUSD) was successfully listed on AEX
WaykiChain celebrated two-year anniversary for project launch
WaykiChain already delivered earnings from hedge on January and Febulary, 2020.
Project team
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