Great read. The thing that I can't get over is the media coverage. Over 20 of China's biggest media companies broadcasting the event. That is mind blowing.
Here's a list of many of those media companies mentioned in the meeting invite (thank you to /u/cubcaller for compiling it):
Shenzhen Securities Times Co Ltd
Southern Metropolis Daily
Shenzhen Business Daily
Yangcheng Evening News
Shenzhen Satellite TV (Shenzhen Media Group)
Shanghai Television Station
Hubei TV (Hubei Broadcasting Group)
Golden Finance Media
Weibo (Sina Weibo)
Taurus Finance JinNiu China
Sohu Video TV News (Shenzhen)
Tencent News Affiliate
Sina News Taiwan
Chain World Blockchain News
KX News (News Network Hebei)
Million Nine Hundred
This is really helpful. This might make it easier to find the press coverage when it's out, as a Westerner. Saving this comment.
I could be wrong but I think this is comparable to having the national networks and Associated Press cover a Blockchain event in the US. This is big media coverage for China.
Do you have experience holding conferences in China with their national media? I’m curious what background you have that gives you credibility
Yeah i don’t think that is much experience compared to what these guys are doing
what impresses me is the breadth of partnerships. it shows that the company is really thinking about all of the different angles and strategically allocating resources where it thinks it needs help (even with marketing/branding!)
I still think it's partnership with China Mobile is the biggest in all of crypto
China Mobile IoT Alliance. But they are likely to work with China Mobile and other world leading IoT and mobile communication companies to integrate Waltonchain in IoT in 2018.
It's an Alliance and they are one of 150. Not that exclusive.
This statement kinda undercuts it, though, doesn't it? It's a group ~150 world leaders in IoT and mobile communications. A cryptocurrency being associated with them is pretty huge, especially considering the use-case and connections to these companies that led to the partnership in the first place. They'll be working to integrate waltonchain in IoT in 2018, probably via their smart waste management system that they won an award for, alongside several of the companies in this Alliance, because their smart waste system specifically uses mobile communication networks and navigation systems to accomplish efficient monitoring for smart energy solutions. I think that this Alliance partnership is enormous, but people just don't see it yet. I think we're going to see some big stuff coming out of that partnership this year.
One of 150 may sound "unexclusive" at first, but among the members are China Mobile, China Unicom, China Telecom, ZTE, Huawei, AT&T, and now Waltonchain. Those are pretty big names to be next to, and covers a massive amount of the mobile internet/phone market.
Thank you for putting this together - it makes it so much easier to understand the gravity of what Waltonchain are actually doing behind the scenes. All these alliances/cooperations/partnerships are the beginning of relationships that will propel the IoT + blockchain vision that the Walton team has.
This is seriously a coin everyone should be investing a proportion of their portfolio in.
Although I'm 80% into VEN and 0% WTC, it gets me excited every time I see big news for WTC. I was once 50% WTC and still believe in it. WTC does have bad marketing (for now), but their RFID applications and patents they hold over their tech is absolutely great. Their entire team is capable of revolutionising the industry. The coin is more than capable enough to speak for itself, so maybe extreme marketing isn't required yet.
It's always exciting to see real world applications of coins gaining attention like this, it just means we're moving forward towards another technological revolution, and that's definitely more exciting than x10/moon/lambo.
Good luck waltonians!
Honestly I would recommend buying both. It's like Coke and Pepsi. One would struggle to exist without the other; both are pushing the other forward and filling different niches. There will be demand for both.
Agree 100%. Coke/Pepsi or Apple/Samsung, both will be successful.
Like Dr. Pepper/Mr.Pibb
I believe WTC hired a new marketing team earlier this month and it has changed how they release information now.
That’s great, competition in a similar field does in fact drive greater technology and motivate developers. I’m excited to see where enterprise level RFID+Blockchain takes us in a couple years!
WTC 🤝 VEN
holy shit read about those partners, this is huge. And on top of this China's biggest media companies are broadcasting it. amazing for WTC
Booked my ticket from Australia today! If you need a hong kong drinking partner hmu
I would love it if you give us a write up on your experience at the event afterwords on the Walton subreddit. Thanks in advance!
yes please write about what you experience there!
Can anyone confirm we partnered with Mobius? If so anything under 500$ is cheap.
I don't know of any other companies based in Silicon Valley by the name of Mobius, so I'm pretty sure.
To be clear, it’s a partnership with Mobius Microsystems, the company. Not Mobius the coin.
It is with Mobius Network (MOBI).
No. It will be these guys http://www.eecs.umich.edu/eecs/corporate/techtransfer/mobius.html which is https://www.idt.com/
Just wish I had a couple extra 100k to kill the whale.
Great article! Super bullish.
Cant wait, so exciting!
As a westerner, this looks totally legit
Sounds great, that's gong to be some impressive partnerships; looking forward to seeing how the project pans out. Hopefully doesn't shoot up in price too much before I can buy some.
wtc is high undervalued, compare to a lot of shit coin, which i could name a few...
Let’s be honest. WTC s probably going to win over VEN. They’re the first mover on RFID, and they produce them themselves (through a partnered company).
At this point it’s pretty clear WTC is for real. Wish I bought in when I read an article here in december. It was a medium article where they asked four experts many questions, mostly pertaining to their biggest expectations for 2018 and beyond (in relation to their favourite coins)
I don't think WTC will simply "win" over VET. However, I do think that Walton is going to be the de facto IoT platform. There's no questioning Walton's technical team and product.
That said, VET is going to be very strong, not as an IoT platform, but for enterprise solutions. VET and WTC do basically everything that the other does, but each team has specific advantages and interests in each of the fields of overlap.
The sooner people realize this and stop mass downvoting and fighting, Vechain and Walton supporters can promote each other, and cover a lot more ground without this cringey "war."
Both projects should be supporting each other as two of the best projects in crypto, period. They should both be top 10 coins.
TL:DR: Buy both.
What do you guys think this will do to the price?
WTC should be a multibillion marketcap coin. I won't speculate on how soon this happens or by how many billions but I see breaking 100 in one year as a conservative estimate. If the crypto market grows by trillions 1000 is not crazy but the entire crypto market would NEED to grow by leaps before that's possible
100 sounds super conservative. I like speculation though? I am curious what you think this event on the 28th will do to the price though. Doesn't hurt to guess. I am buying my first $750USD worth WTC right now at $28 a coin.
$100 end of year is very conservative in my opinion. Especially considering that it would hit $100 if it matched VENs market cap, which is very possible in the short term. I would not be surprised by $100 sometime in March or late Feb.
Good move! We're in for a great year :)
I anticipate a steady growth after the event. Many good things coming in February.
In the past the price changes have been been kind of strange, but now it really seems like WTC is gaining traction. Also this is just the news for the week (even though it's massive). Website release, airdrop, maybe Bithumb in February.
Thank you for this write up.
Need VEN to keep pumping, so I can get out around $15, to transfer those gains into WTC. Simply a superior product, with less coverage, with way 1/8th the total coin supply.
While VEN price increases, so will WTC...doesn’t make sense to wait
So Waltonchain ....Chinese partners... RFIDs. ....Like Walmart and the Walton Family?
Walton is named after the guy who invented RFID but my first thought was Walmart too. The word association is too strong.
No relation to that walton
Do these images already represent their new image? I sure hope not.
the article says they have a creative design company working on the new image and website so hopefully we can expect a big improvement
Yeah I hope so. What I was saying is that I don't hope that this new company created the purple images in the article or if that was OP or the old graphic designer.
It looks like waltonchain created them. They're using the same graphics at the bottom of the images as they have in all their other things.
Not to be rude but... If you bothered to look at the style presented by JU&KE, you'd know that they definitely didn't make these slides.
You're right. That was damn lazy.
This watch branding is impressive. I love the schematics feel. I'm excited to see what they do with Walton.
Yeah I love this. Imagine them breaking down the schematics for the RFID ICs. This could be really cool.
You read the whitepaper?
Gotta use Walton for every transaction on child chains (10% Walton, 90% child chain token). Gotta use Walton to send data across child chains to Waltonchain to other child chains (100% Walton expenditure for this) Also gotta use Walton to create a Child Chain. Also gotta have Walton to stake or have a node.
With the hardware they've developed, patented, and secured vertical manufacturing for, it will take another company years to catch them from a research and development perspective. By that time, it will be to late for competitors to effectively enter the market, or their product would need to be far superior in order to compete, and Waltons chips will already be in place.
With the partnerships they have, their chips will be in millions of devices and items (eventually billions). Each time something gets scanned... It's gotta use Walton. It's divisible to 18 decimals, so, it can be transacted cheaply even if the price is $100, $1000, or $10000. But, at the end of day, people need Walton in order to use the network, and they'll want to use the network because their chips are the best in the business and because they will create a foundational IoT layer for thousands of device types and device families. Companies will program their own child chains for managing their own systems, buying up masternodes in the process, and using Walton to do ICOs of sort.
Walton is Ethereum of IoT, and it has the hardware to support it, and the partnerships to put it in place, and the value added use cases that will leave companies clamoring for their services. Walton is going to be huge, and everyone will need the tokens.
Who needs shares when you have something far far more valuable?
Not true, maybe for most vaporware, but even less for WTC because it's required for the WTC ecosystem to even work. Please read the white paper then make a educated comment. There are other coins that are basically stocks like modum or bnb. Few coins actually are used part of their ecosytem and Logistics is a massive industry. Waltonchain partnering up with the largest Telecom in the world China Mobile who is partnered up with AT&T for IoT. WTC is partnering up with Mobiues a company that has created the first of it's kind in IoT technology. WTC is a new crypto of it's own only other crypto I think compares is VEN which falls behind WTC technology wise. When ever VEN comes out with a crazy partnership WTC one up's them. VEN does 4th largest telecom in the world Walton does THE largest it's the cream of the crop. Both great coins. You could say there is some fintech coins that are on the same level but that's more of a apple to a orange.
WTC only coin that has been shilled by someone with chinese military connections,
WTC will be expanding on a global level, reaching thailand, russia, korea, china, US, france UK. Some of these partnerships on the way some already set in stone. Smart cities in multiple countries, the Korean connection should lead to a dubai smart city contract. Korean and Dubai smart city projects are working together.
The entire Walton blockchain network communicates via the utility token: Waltoncoin (WTC). As adoption increases, demand for the tokens (100M maximum supply) will organically be driven up as more transactions occur, more child chains are created which requires token expenditure, the decentralised asset exchange becomes operational, the credit/mortgage system becomes active etc. There's so many use cases for the token, including operating a Masternode, or staking your coins for a % return by keeping them in the Waltonchain wallet once its released to help secure the network. Therefore, as usage increases, so will the company, and ultimately the price.
Waltonchain specialises in hardware and software research and development. The RFID chips designed and patented by the wholly owned Waltonchain subsidiary company, 'Silitech' , are specifically designed to be compatible with the Waltonchain network automatically, without the need for human intervention. Theyve also spent thousands of hours of research of competitive proprietary code, which includes the innovative dual chain scalability protocol invention, (think Parent and Child chains) created by Dr Songjie, a Waltonchain Blockchain engineer. This means if Waltonchain as a company succeeds, the entire blockchain network will succeed with it, ultimately garunteeing an increase in the token price. They're inseparable. As adoption increases, so will the price of the token as near unlimited demand continues to outpace the 100M capped supply
I hope this answers your question
I bet you didn't wait till it was a GMN though. You might have held 5000 when it was v cheap the sold it yes.
The value comes from the demand for the child chains and the coins locked up in MNs and GMNs. If you didn't know that, then you didn't research very much. If you didn't research much then I doubt you ever moved a GMN to an Eth wallet.
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