Wanchain is building a new economic marketplace for digital assets through the use of cross-chains that allow transfers between different blockchains. As a stand-alone blockchain, Wanchain connects standalone chain accounts to provide a framework for buying and selling these assets, and despite splitting from ethereum, Wanchain is a completely separate blockchain and its wancoin is not an ERC20 token.
I checked that the ICO of this project was successful and the team was able to obtain about 120,000 ethereum.
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