does it hit the exchange?
Wanchain have said they don't allow you to trade the ERC20 tokens, once you trade them in for native wancoins after they release their own platform then you can trade those. They had stated that if you try and claim Wancoins from an address that didn't participate in the ICO they they may not honor those tokens. Also if you buy extra tokens they might not honor those either. I not sure how this will affect their trading price when they allow trading, remains to be seen and depends on the state of the crypto market at the time. Looking at the timing of things it could end up being during Bitcoins next pullback, but no one can really predict that :p
That all investors should know. For now you need to don't move the tokens away from your wallets. After about two months, the token can be transferred to the mainnet when it opens. you have the risk of losing the token you transferred.
I do not fully understand. Is there any clear information about the subject? Did there have been any official announcements? will we lose when you move the tokens? can we lose tokens even if we throw another wallet? If so, too many people may have made mistakes.
This is official:
ERC20 WAN TOKENS
-Transferring to another wallet you control is okay (but don't move them unless you need to for security purposes)
-Transferring/selling to someone else is not okay
-We can only guarantee the exchange of ERC20 tokens for Wancoins that come from the same purchasing address.
-Edge cases may pop up and we will review on a case by case basis
-ERC20 will be exchangeable for Wancoins in approximately 2-3 months when the mainnet goes live.
-Towards the end of the year after you exchange your ERC20 for a Wancoin there will be no trading restrictions.
Token Contract Address: 0x5Fc6DE61258e63706543bb57619b99cC0E5a5A1F
Symbol:
WAN
Decimals:
18
First time adding a custom token on MEW?
Please download the guide here:
https://www.dropbox.com/s/h0zoch0cn2pqslr/Wanchain%20Custom%20Token.pdf?dl=0 [copy and paste the URL into your mobile browser if you are using a phone].
Etherscan & tokens
Update October 10th:
All tokens have been distributed.
You can view your token balance by going to:
https://etherscan.io/token/0x5fc6de61258e63706543bb57619b99cc0e5a5a1f and searching/filtering by your ethereum address.
Can't see the token transfer?
You need to move your tokens // or one token // to another wallet you own (and preferably back to your whitelisted account prior to swap for the native coins) in order to see the token transfer transaction on etherscan.
Security
Please stay alert and move your tokens to a safer location if you have clicked on any phishing links (e.g. fake MEW site from Slackbot). Bookmark the right pages (including MEW and all other crypto sites you tend to use). NEVER google the sites you tend to visit. Always bookmark them and triple verify!
Disclaimer
Purchasing or selling Wancoins prior to the mainnet launch in November is a violation of the ICO terms and could result in losing the ability to exchange your remaining Wancoins when the network goes live.
