Overview: Wanchain (WAN) the New Distributed Financial Infrastructure. Should you invest? Overview: Wanchain is trying to create a new distributed financial infrastructure through the cross-chain smart contracts. It implements cross-chain transfers of assets by setting up connections between the accounts of different blockchains and providing a framework for financial applications based on digital currency and digital assets. Cound be considered a combination of Ripple, Ethereum and Monero. They ran ICO in October in which they raised just under $36 million. Usage: Since Wanchain is aiming to be a full financial infrastructure through cross-chains, smart contracts and privacy. They will include several application scenarios: Decentralized Exchange allowing to exchange the world's digital assets on-chain and transact them using the multi-asset wallet ICO platform with streamlined process to launch ICOs and collect funds from multiple assets Asset Management Tools with master address provides simplified and trusted audit and also privacy protection for trades and position. Tokens: Wancoin is the native coin of Wanchain. Both cross- and intra-chain transactions consume a certain amount of Wancoin meaning if platform has plenty of usage then there should be plenty of demand for the token due to fees. Wancoin is also used in security deposits for the cross-chain verification nodes. While crowd-funding will allow usage of other cryptocurrencies I believe that Wancooin will probably become the de-facto coin for the crowdfunding processes. Availability and price: WAN is listed on only 3 exchanges with Binance dominating (91% of volume), Huobi (6%) and Kucoin (3%) . BTC is the most popular pairing but also paired with ETH and BNB Current price as of 26th of April is around $6.93 with WAN being ranked on 33th place in terms of the market capitalisation and market cap of around $735M. Around 106M out of 210M tokens are currently in circulation meaning just over a half will be introduced. Other aspects Wanchain has around 40 employees on LinkedIn and is registered in Singapore. The management team behind the project is very experienced and worked on several successful projects. The upcoming developments include Wanchain 2.0 (Integration with Ethereum, Multi-Coin Wallet in June). Wanchain 3.0 (Integration with Bitcoin, Multi-Coin Wallet) is planned for December. Wanchain will compete with several different projects since it will handle smart contracts, ICOs, privacy but Ripple is probably the main competition. My verdict WAN has massive potential long term due to how many use cases it has. They are trying to create a comprehensive financial solution based on a blockchain. The compeition is fierce and already ahead but it is already shown in the mcap: ETH (73B), Ripple (29B), Monero (3.4B). Keep in mind that Wanchain is basically a combination of these so the potential is even higher. With the current mcap of under 1B this means that Wanchain has a lot of room to grow if the team can deliver on the promises. Because of that I personally invested in this project. The solution seems useful, team solid and the current valuation while high isn't unreasonable if we look at long term potential. Follow me on social media: Telegram: https://t.me/crypto0coins Twitter: https://twitter.com/Crypto0Coins Facebook: https://www.facebook.com/crypt0coins/ Steemit: https://steemit.com/@dmae Twitch: https://www.twitch.tv/dmae You can also use my referrals: Coss referral: https://sso.coss.io/api/invite/XJZ89O9XRU Binance referral: https://www.binance.com/?ref=10136785 Coinbase referral: https://www.coinbase.com/join/580f4ae28bfa31697d9a8f7c I no longer accept donations! Love you but keep in mind that this is not a financial advice!