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WIT Chain Makes Your Token and Manages Its Value
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WITChain Brief Report
 


WITchain now listed on IDAX ,Yobit Forkdelta , it will be listed on more and more international Exchanges.

 
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 to realize the ecologicalization of enterprise token in the era of block chain.

Any individuals or institutions that want to make a strategically invest for us, please contact emall:admin@witchain.org

 



COMMUNITY
 

WeChat ID: witchaindev
WITchain QQ:652680837




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..
.


New Digital Currency Evolution

With big data and encryption algorithm, together with the market situation of digital currency, we designed the asset investment model “Witness”. The calculation and evaluation under “Witness” can effectively reduce the risks facing investors, and maintain and increase their assets.

Up-to-date information

Professional investment consultation

Big data Encryption calculation

Reasonable investment strategy

Open and transparent rates

Perfect customer services


TOKEN ECONOMY ECOSYSTEM
 
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
o
k
e
n

E
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o
n
o
m
y

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




“Witness” 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
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.



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
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.


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.
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
      
Profitable
The holder obtains rights in the application scenario, such as preferential card, VIP card, etc.
     
Having the right to gain, such as bonds, stocks, etc.
Rightness
 
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
Generate
A token may have one or more value attributes.
Hold
Several properties may be related. LIke:Earning and price.

Transfer

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

Low Issue Threshold

Superfluidity

Non-Standard Commodity Pricing

Low Transaction Cost

Complex Value Transparent Expression

Programmable, Automated Trading

Privacy Information Protection


Economic System Design "Attack and Defend" Step



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

0 Times Distribution
POW mode
Draw mode
Voting patterns
Airdrop model
1 Times Distribution
Commission mode
Trading pattern
Financing model
Center model


2 Times Distribution
Reward model
Incentive mode
The buyback model
Hong Kong dollars model
3 Times Distribution
Exceptional patterns
Present model
Interest mode
Community mode
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

TARGETED FUNDS DISTRIBUTION
  Marketing Other  
  Legal & Accounting    
      Core development
  Ecosystem    
  Reserve Fund    
TOKENS DISTRIBUTION
10%
15%
15%
60%
Bounty program
The team
The Fund
Crowdsale
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.
 



EXCHANGE
 

IDAX

YObit

COINEXCHANGE

TIDEX

HitBTC

     

OKEX

EtherDelta

C网

     

库币网

比特儿海外

火币Pro

     

币蛋

ZB网

Bibox

     

BigOne

Mercatox

Bit-Z

     

YObit
https://yobit.net/cn/trade/WIT/ETH

   
   


ROADMAP
 
     
Oct. 2017: MVP Release and Testing
 
 
Dec. 2017: Presale
Feb. 2018: Alpha
 
 

Mar. 2018: Listing on Exchanges

May 2018: First Users
 
 
Nov. 2018: Issue Beta
Jan. 2019: User Support
 
 
May 2019: Launch Prerelease
Sept. 2019: Platform Extension
 

MEDIA
 
 
       


CONTACT US
 


ADDRESS: Hong Kong     Singapore   United State    
All rights reserved @ WIT
WIT Chain Makes Your Token and Manages Its Value Website:www.witchain.org