Waltonchain Q1 2020 Work Progress
Software
Mainnet
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 WTC
· HR: 500,000 WTC
BD & Operations
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
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
