Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Danumsigwasan on June 25, 2019, 06:10:09 PM



Title: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Danumsigwasan on June 25, 2019, 06:10:09 PM
Hong Kong-based blockchain team Waykichain will launch its stable coin the WUSD later this year as the company ramps up efforts to disrupt the stable coin market and provide a unique offering to investors.

As well as being able to buy the token on an exchange, people will be able to pledge WaykiChain’s WICC token to receive WUSD.

https://twitter.com/wayki_chain/status/1140438126285824000

Pledging will help maintain the blockchain while at the same time allowing investors to earn WUSD for their efforts.

A spokesman for WaykiChain said:

“The release of WUSD adds a very practical and extensive application scenario to WaykiChain ecosystem, which can effectively improve the value of WICC. In addition, in terms of publicity, the promotion of the WUSD stable coin will also increase the world's awareness and understanding of WaykiChain.”

Games and dApps

The WUSD stable coin, will be pegged one-to-one to the US dollar, and will be integrated into WaykiChain’s network to make it the de facto currency for buying and using decentralized apps (dApps) on the blockchain.

Playing games, such as Wayki Legend, or Wayki Paradise – which was poached from blockchain rival Tron – on WaykiChain, will allow users to earn credits that they can the transfer into WUSD, and then use elsewhere in the crypto ecosystem.

As the WaykiChain blockchain develops all dApp users will become WUSD users, with the stable coin eventually supporting the whole chain’s infrastructure for decentralized applications

Unique:

WUSD’s unique selling point, and the one that makes it stand out from competitors, is that it is built on the bottom layer of WaykiChain’s public blockchain.

Many other stable coins use smart contracts for their stable coins, which makes development updates slow and unwieldy to implement, but using the base layer of the blockchain means the WaykiChain team can update and develop the system quickly and easily, with no impact on users.

To find out more about WaykiChain and the WUSD, visit: www.waykichain.com


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: bozo333 on June 25, 2019, 06:29:26 PM
Huge fan of Waykichain especially since it's listed on Gate.io


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: TinaK on June 25, 2019, 06:34:34 PM
Wow! Great news.... I think the gaming industry is really getting major support from these upcoming Cryptos!


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: monalia on June 25, 2019, 06:50:04 PM
Now days, it almost has become a trend to have stable coins, but yes this looks somewhat unique to me... Good luck


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Kalm on June 25, 2019, 06:57:53 PM
Very impressive and unique as well. I want to say good job to the developers with this.


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Candycrush1129 on June 25, 2019, 07:01:04 PM
Gosh!! Another stable coin. Everyone is now going at this route.


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Andrew Parker on June 25, 2019, 07:03:36 PM
What will be 1 WUSD stable coin price?


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: diazepam666 on June 25, 2019, 07:06:29 PM
Too early to say about this. Once it will be launched, then we can say something about it.


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Freddy11 on June 25, 2019, 07:09:16 PM
Good work!!!

Keep it going Waykichain. More power to you


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: cryptoangel on June 25, 2019, 07:09:36 PM
Waykichain is already a very popular thing. This move will only bring further rewards. I agree above that this is bit immature to like or dislike but from what I know about Waykichain, I am convinced this will be huge.


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Joseph R. Cord on June 25, 2019, 07:15:12 PM
I thought "CHINA" has banned these stuff. Still going on???


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: gabbello on June 25, 2019, 07:17:56 PM
OUTSTANDING!! This is an absolutely fantastic move by WKC. A kind of decision that you expect from such quality people. I will be waiting for it to launch.


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: FantasyGold on June 25, 2019, 07:21:34 PM
Most likely it'll be a huge event for everyone. Why no dhatee announced yet


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Mehr Sher on June 25, 2019, 07:23:19 PM
waykichain managed to stay visible despite blockchain projects filling up the space now they're doing this.

I have no words cannot wait for the start.


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: jvdp on June 25, 2019, 07:31:53 PM
Kudos to Waykichan team. We all will be watching for more such exciting development stuffs. I must say i am already very happy with how things going..... best of luck


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: garthkiser on June 25, 2019, 07:35:03 PM
Hmm..... some really major news coming from WK Camp. Let see if they can keep up the steam!
Regards


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: joshv06 on June 25, 2019, 07:38:51 PM
This is nice. I don't know how much it will benefit but this brings more stability to the projects. At least, I am aware of this because I myself have worked for a project in past with Stable coin.


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Pook-sapot on June 25, 2019, 08:11:43 PM
I don't clearly understand what this stable coins are. It is something like fake money that we get to play gaming and all that? And later pay in exchange or something like that?


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: BlokbizICO on June 25, 2019, 08:41:09 PM
Interesting development. I have heard of this project sometime back during one of my work visits in HK.
It has come long way since then....


Title: Re: WaykiChain’s Unique Stable Coin Will Bring Further Competition to the Market
Post by: Hung Yu So on June 25, 2019, 08:43:26 PM
Congrats to Waykichain for the announcement and for becoming the first stablecoin at the bottom layer of Public Chain. Continue to serve