WITChain Brief Report
We have established a partnership with dozens of block chain development and operation companies, and we plan to develop 1000 customers in the next five years.
We currently have nearly 20,000 community fans, and we will develop 100,000 community members in the next three years.
WITchain is committed to providing professional application services to investors and startups in the area of blockchain. We assist startups in the technology development and business application of the blockchain area...
Any individuals or institutions that want to make a strategically invest for us, please contact emall:admin@witchain.org
 
IDAX Yobit Forkdelta
https://www.idax.mn/#/exchange?pairname=WIT_BTC
https://www.idax.mn/#/exchange?pairname=WIT_ETH
https://yobit.net/cn/trade/WIT/ETH
COMMUNITY

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WIT Token Address: https://etherscan.io/token/0xe13ef257cf4d5df928ca11d230427c037666d466
ABOUT US
WIT is committed to providing application services in the blockchain industry, serving professionally investors and startup companies. We help investors expand new investment channels and increase the value of their assets. Also, we assist startup companies with commercial applications in block chain industry, solving the problems concerning financing, liquidation and circulation for small and medium-sized enterprises.
Investors
Provide up-to-date digital currency information, investment advisory, personal financial management and funds supervision.
Start-Ups
Provide professional consulting services for mutual transformation and circulation between enterprise assets and digital assets, as well as IPO (exchange) service.
Our Vision
Create dividend value in the digital currency era for investors and startups with our professional consulting services..
Monetary Evolution
With big data and encryption algorithm, together with the market situation of digital currency, we designed the asset investment model “Witness”.
Up-to-date information
Professional investment consultation
Big data Encryption calculation
Reasonable investment strategy
Open and transparent rates
Perfect customer services
“Witness” Blockchain Asset Assessment Model

Token Operation Procedure

“Seven Steps” in Token Design

Token Design
Smart Contract Design
Website Construction and Operation
Community Building and Operation
Exchanges List Application
Token Value Management
T
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E
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Problems to Solve
Pathway to Ecological Evolution
Combing of Participant Roles
Defining Collaboration Rules
Setting Contribution Levels
Multi-level Incentive Mechanism
Payment Incentive Method
Functions of the Token
Negotiable Convertible Exchangeable
Identifiable and Tamper-proof
Technical consensus
Value Carrier
Social Consensus
Blockchain Asset Assessment Model
Potential:5 Types and 37 Varibles
Target Market Size
Customer Size
Asset Expansibility
Token Distribution Plan
Project Implementation
Information Disclouse
Transaction Activity Level
Transaction Potential
Project Team
Advisor
Investment Agency
Technology Heat
Technology Features
Management Activity
Strategy
Reliability Technology
Risk:5 Types and 14 Variables
Target Market Penetration
Compliance Risk
R&D Schedule
Authenticity of Information
Token Concentration Ratio
Price Fluctuation
Token Valuation Risk
Team Stability
Team Credibility
Advisor Credibility
Security Risk Accident
Technical Trend Risk
The Classification of Token Assets
According to the different properties of blockchain assets, we can divide the digital assets into four categories: "token", "platform", "application" and "tokenized physical assets".
Token: refers to a type of asset which is developed and based on the blockchain technology. It does not correspond to a specific usage scenario and only serves as a transaction medium. Its asset value is reflected by liquidity.
Platform: refers to a class of assets supported by the development of the underlying blockchain technology and the right to use or participate on such platform.
Application: refers to a class of assets which are related to a particular application scenario and are supported by a certain right of use or participation, or right to claim dividend.
Tokenized physical assets: refers to a class of assets supported personal assets, such as gold, dollar, etc.
1
Coin
Capacity: over 1000 varieties
Function: one of alternative investment varieties, "medium of exchange" in blockchain asset domain
Market: The most valuable one is bitcoin at present.
Typical products: BTC, LTC
Main indicators: number of participation nodes and liquidity
2
Platform
Capacity: about 20 varieties
Function: establish a technical platform to provide basic technical support for various application developments
Market: Most platforms are in development and institutional investment has a certain share in it.
Typical products: ETH, Fabric, NEO.
Main indicators: technical indicators, development progress.
3
Application
Capacity: about 300 varieties
Functions: covering finance, supply chain management, socializing, energy, property protection and other fields.
Market: the fastest growing category of blockchain assets.
Typical products: OMG
Main indicators: development progress and number of participation nodes.
4
Physical Assets
Capacity: not more than 10 varieties.
Function: linked to gold, dollar and other assets; a mirror of physical assets in blockchain.
Market: The market capacity is small due to the lack of regulations and laws concerned in some countries. But when combined with asset securitization, the development potential is large.
Typical products: DigixDAO
The Pass-through Model
A token may have one or more value attributes.
Several properties may be related. LIke:Earning and price
The pass-through model for different attributes may be uncertain, or change with the conditions and cannot form the exchange relationship.
Multidimensional value scale is actually a kind of expression and dissemination of the issuing party, rather than purely economic activity.
Type of Token
As a carrier of value, direct corresponding value, such as stored value card, exchange certificate, etc.

Valuable

The holder obtains rights in the application scenario, such as preferential card, VIP card, etc.

Profitable

Rightness

Having the right to gain, such as bonds, stocks, etc.

Identification

It is not the specific value characteristic, but some kind of negotiable securities or the objective fact of the identification, such as the house property certificate, the old age certificate.
Three elements of the design of the economic system
Value of circulation
Whether circulation creates new value, such as bad assets.
The source of value in circulation: demand discovery or cost reduction.
Create value for who
The interests of the issuer
Consumer interest Intermediary interest
Boundary of circulation
The difference between the flow within the boundary and the cross boundary circulation.
The difference between cross boundary circulation and boundary extension.
The relationship between cross boundary circulation and current property right system.
The value network
A token may have one or more value attributes.
Several properties may be related. LIke:Earning and price.
The pass-through model for different attributes may be uncertain, or change with the conditions and cannot form the exchange relationship.
Token Advantages
Super Trust
Superfluidity
Low Transaction Cost
Programmable, Automated Trading
Low Issue Threshold
Non-Standard Commodity Pricing
Complex Value Transparent Expression
Privacy Information Protection
Economic System Design "Attack and Defend" Step
Start
 
 
Identify the main
roles in system
Confirm actions that should be encouraged
and punished
Each role in the distribution
of four arrangement
Higher-order
token design
Token price logic
No  
Satisfaction
Attack analysis
Attack analysis
Simplification
Economic growth logic
Yes  
End
 
The situation of the development of cryptocurrency industry
The cryptocurrency industry can be divided into three phases, the first stage is a delegate with the BTC named block chain 1.0 stage, mainly to solve the characteristic of the BTC, such as anonymity, privacy, speed, etc.; The second stage is the block chain 2.0, which is represented by ETH. There are numerous solutions for solving smart contract, calculation, storage and asset trading. The third stage is the application of various industries based on blockchain and Token.

The first stage involves bitcoin and other competitive coin
The typical applications for this privacy and anonymous problem solution are: ZEC, DASH, ZEN, AION, XMR, XZC, XWC, AEON, KMD, BCN. Typical applications for speed and scalability solution are: LTC, BCH, EMC, NAV, PIVX, XVG, BURST.

The second phase is mainly through the base platform & technical solutions to solve the defects of ETH, such as smart contracts, storing, calculation, data, scalability, specific solutions include:
1) Side Chains; such as RSK, RDN, LOOM, ZRX, XAS, etc.
2) DAG; such as IOTA, GBYTE, ITC and NANO;
3) Cross Chains; such as HSR, WAN, AION, ELF, XTZ, etc.
4) Shards; such as ZIL, ELF, etc.
5) Asset Trading Agreements; such as 0x, KNC, LRC,
AST and other typical applications;
6) Distributed Storage; include IPFS, SC and Storj;
7) Data Services; such as GNX, gongxinbao, DTA, BLZ, ENG and other applications.
8) Distributed Computing; such as GNT and ENG;
9) Digital Identity; such as ONT, CVC, ETP and other typical applications;
10) Vertical Public Chain; include TRX, Ulord, BTM, YOYOW, VIA, etc.

The third stage is the combination of blockchain and various industries, which is mainly the application of specific industries. The industry is dominated by the pan-financial and entertainment industries, which are both digital and internet-savvy. The pan-financial industry has the following directions:
1)Bank Liquidation; include XRP, XLM, Swift and ZIP;
2)Payment Settle; include: Qash, OMG, tenX, Metal, PAY, Cash and CPY;
3) Asset Trading Agreements; include: 0x, KNC, LRC, AST;
4)Loan Financing and Asset Management; include: SALT, Libra, FSN, ethlend, RCN, Iconomi, Populous and Monaco;
5)Insurance Technology; inciude: MDS, CIC, RISK;
Token economy system design mode
1 Times Distribution

POW mode
Draw mode
Voting patterns
Airdrop model

2 Times Distribution

Commission mode
Trading pattern
Financing model
Center model

3 Times Distribution

Reward model
Incentive mode
The buyback model
Hong Kong dollars model

4 Times Distribution

Exceptional patterns
Present model
Interest mode
Community mode

5 Market-Value of logic

Bitcoin model
Stable currency model
Etheric mode
The double-decker model

PRESALE STRUCTURE
Token name:WIT Blockchain platform:Ethereum Token standard:ERC 20
Accept token:ETH Total Supply:2,000,000,000 Smart contract:opened,on the Ethereum blockchain
Minimum limit for the purchase of tokens: 0.1ETH Maximum limit for the purchase of tokens: No
 
 
FUNDS DISTRIBUTION
Reserve Fund 25%
Ecosystem 20%
Legal & Accounting 8%
Marketing 6%
Other 1%
Core development 40%
TOKENS DISTRIBUTION
The Fund 15%
The team 15%
Bounty program 10%
Crowdsale 60%
Note:15% Bonus First week 10% Bonus Second week 5% Bonus Third week
TEAM
We are working together more than 5 years
We have extensive experience in
blockchain field
We invested in dozens of projects in total
We're hopeful and passionate about
the blockchain
Harson
CEO
Worked in the Citibank financial department for more than 10 years, Rich experience in financial asset trading, digital currency research, ICO and brand building.
Jonathan Millet
Block Chain Legal Expert
Senior block chain fund solicitor. 10 years of experience in business law. He have conducted in-depth research on the legal compliance issues of lost and lastwill regulations as well as the block chain and ICO.
Louis Liu
CTO
Co-founder of TopHacker. TopHacker is one of the largest block chain technology platforms in the country, connecting the technical teams in various fields and pressing problems in various industries.
Sam Liu
COO
Starting new retail business in 2013, is one of the few people who have complete new retail business theory and practice both on the platform and offline.
Jenny Zhang
WEB/UI Designer
Yitai fang architecture engineer, block chain/intelligent contract enterprise technical expert.
 
 
ROADMAP
MVP Release and Testing Oct. 2018:
Alpha Feb. 2019:
First Users May 2019:
Support Jan. 2020:
Platform Extension Sept. 2020:
 
Dec. 2018: Presale
Mar. 2019: Listing on Exchanges
Nov. 2019: Issue Beta
May 2020: Launch Prerelease
MEDIA
CONTACT US
All rights reserved @ WIT
The digital currency era is coming Website:www.witchain.org
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