Three Reasons Why Wanchain's Token Will Moon

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Since November last year, Wanchain has been a favorite of mine. To be honest, what's not to like about it? While that sounded rather bias, Wanchain was once 9 USD and now holding its value at about 95 cents. Its drop, however, should not be judged only by its coin performance but what it is trying to achieve.

Wanchain indeed has a rather unique claim as being the first and only interoperable blockchain thus far. However, they do have some very close competitors. These competitors are Icon and Aion. Thus, if you were looking to invest in cryptocurrency projects, specifically, the ones that are building on blockchain interoperability, you will likely invest in Icon. This is because Icon has a larger marketcap as compared to Wanchain. Furthermore, Icon has also gone higher in price as compared to Wanchain. In my opinion, bigger is not always better. That is because I do think that Wanchain has a much bigger potential when compared to Icon.

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This aspect is one that I will always stress on. The team is the backbone of any project. They are the ones who will determine the success of any project, especially ones with ambitious goals. On Wanchain's team, you will find a group of very experienced individuals and some very academically qualified individuals. Some of the team members hold Masters and PhD degrees in fields such as computer science, physics, business and engineering. Such qualification does point to the team's paper qualification in ensuring the success of a project and carrying it through.

In terms of experience, Wanchain's founder Jack Lu, has been in the blockchain space since 2012. He even co-founded a project called Factom which stores data on the blockchain. The project was a success and with his many years of experience that he is bringing to Wanchain, I am sure that Wanchain will be perform well as well. In terms of ensuring the competitiveness of Wanchain, there are two individuals of interest from the team that I would like to point out. One of them is Marcus Cunha and the other is Micheal Y.

Michael Y has been involved in different cryptocurrency projects as a core developer. Two of such projects are the aforementioned Factom and Omni. Omni allows anyone to build assets on the Bitcoin blockchain. Omni also allows for individuals to trade custom tokens among each other, which if you think about it, is very much similar to what Wanchain is trying to achieve. As such, Michael Y's experience would be instrumental to What Wanchain is trying to achieve.

Marcus Cunha, on the other hand, is in charge of Wanlabs. His experience in building many tech companies would prove invaluable in preserving the competitive and innovative edge that Wanchain needs. His experience at Goldman Sachs and Google would also help him in ensuring that the projects at Wanlabs succeed. So, what is Wanlabs anyway?

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Wanlabs is the other reason why I believe Wanchain will do extremely well once the cryptocurrency bull run returns. Wanlabs is a blockchain incubator for projects dedicated to the Wanchain ecosystem. Thus far, they have a few very interesting programs that they are supporting and mentoring. I particularly like Allspark and BlockMedx.

BlockMedx is having its token sale and they plan to combat prescription drug fraud and abuse by providing a healthcare infrastructure via the blockchain. This is huge because lives and money is lost trying to combat this problem every year. If this project gains adoption, it will benefit the Wanchain platform as it could cause mass adoption of the Wanchain blockchain in other industries as well. In addition, Allspark aims to revolutionize the content creation industry by rewarding the creator and the ones who will share the creative works by content creators. Basically, Allspark aims to be something similar to I-Tunes. Its a really cool project and Allspark also utilizes Wanchain's infrastructure.

With some very revolutionary products coming out of Wanlabs, Wanchain is poised to Wan-up (One-up) Ethereum. Ethereum may have many projects built around them, but none that would provide the guidance, advisory and even funding like what Wanchain is doing through Wanlabs. If these projects succeed, it will open up more projects to be incubated through Wanlabs. This could lead Wanchain to challenge the big boys of the crypto space such as the likes of Ethereum.

Someone once said that if you think projects like Wanchain will do well because they are focusing on interoperability, you should also consider investing in Icon and Aion. This is because they are all part of the interoperability alliance. The alliance aims to promote interoperability among different blockchain networks. In essence, all three 'competitors' are working together. However, if you look deeper, you will find that each project focuses on something different. Aion is more focused on business enterprises, Icon is more focused on connecting different industries and Wanchain is focused on the finance related industries.

I think each project's focus on a particular niche is great. But I think the money is where the money is. If Wanchain's focus is in financing, lending and payments, Wanchain would have access to large funds that can enable them to invest in other projects, just like a bank. If those investments pay off, it will indirectly benefit the token price. Furthermore, with future projects being built on Wanchain's infrastructure, I do think that its utility will propel its price upwards. That is why I believe Wanchain is the One.

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One last note that I would like to make is that Wanchain has been silent on certain things such as other projects that Wanlabs is incubating because of the current bear market. With how things are, any bad news from any project would be disastrous to the token's price. Thus, it is understandable if they only want to focus on the positive news. That being said, good news are in no short supply. Aside from launching some very disruptive projects via Wanlabs, Wanchain has continued to deliver well on their roadmap. That is why I think that once the bulls return, Wanchain's token is going to shoot for the moon.

I hope you have found this post useful. Do check out the project website to learn more. You can also head on over to their Facebook and Medium posts to learn more about what they are trying to do and even drop them any questions that you may have.

· Project Website: https://wanchain.org/

· Products & Services: https://wanchain.org/product

· Documents: http://www.wanchaindocs.org/en/latest/

· Facebook: https://www.facebook.com/wanchainfoundation/

· Medium: https://medium.com/wanchain-foundation

· Telegram: https://t.me/WanchainANN

https://www.the-blockchain.com/2018/07/23/wanchain-ceo-jack-lu-why-2-0-is-a-milestone-for-the-entire-blockchain-industry/

https://www.newsbtc.com/2018/07/24/wanchain-2-0-launches-ceo-says-crypto-will-have-huge-impact-on-finance-industry/

https://medium.com/@rajoyjose/wan-chain-vs-aion-vs-icon-whitepaper-comparison-e77185f6daa2

https://blockmedx.com/en/

Many of the findings here are researched but are based on my own opinion. I welcome any debate and discussion but I am no financial adviser. As such, always do your own due diligence before selling your kidney to invest in anything.