Posts made by WaykiChain Wicc

(Scan to download WaykiBet)
Hi, everyone! Come to join in WaykiBet 2.5 Bug Bounty to share 5,000 USD reward!

WaykiBet DApp V2.5 has officially launched! WaykiBet is a decentralized betting platform that runs on WaykiChain public chain. Compared to other betting products, users can build a bet with one-click in WaykiBet, with high return rate and more convenient user experience.

WaykiChain is now holding a bug bounty in community. Users can report bugs or optimizing suggestions of WaykiBet 2.5. If the bugs or suggestions are adopted, users can share total 5,000 USD bounty.

Total Bounty: 5,000 USD
Ordinary optimizing suggestions share 30% of the bounty.
Important optimizing suggestions share 70% of the bounty.
Besides, we will randomly choose 10 comments to each send 66 free WICC (worth $15).

Rules:
1.Please directly report the bugs or suggestion in comment and describe in detail as much as possible.
2.If there are comments reporting the same bug, only the first comment will be chosen.
3.This bounty activity ends at Nov. 18.
4.WaykiChain owns the final interpretation of this activity.

Product Features of WaykiBet 2.5:

1.Everyone Can Build a Bet with Structured Game Data
By accessing game data from authoritative third-party, WaykiBet ensures the timeliness and accuracy of the game results. Users can build fixed-odds bets after referring authoritative data at any time. After the game is over, the smart contract will automatically calculate the results and deliver the payout, without manual participation in the whole process.

2.High Return Rate by Odds Ranking
WaykiBet uses odds ranking, which will show the highest odds option of one same game at the top. With odds ranking, users can choose odds and corresponding betting amount to get highest return. WaykiBet uses fixed odds, users can check their estimated return before placing the bet.

3.Traceable Game Records, Open, Transparent and Handling Fee Free
Based on blockchain's openness and irreversibility, all operation records in WaykiBet will be recorded on WaykiChain public chain, and can be checked at any time. Besides, through hybrid architecture, WaykiBet has solved the problems of current blockchain transaction: long confirming time, low efficiency and handling fee, etc.
(Detailed instruction in youtube:

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Special Notes:
1.WaykiBet is available for registering in the following countries and regions: China, USA, Japan, India, Vietnam, South Korea, UK, Netherlands, Nigeria, Hong Kong, Macau, Taiwan.
2.WTEST used in WaykiBet is test coin. WaykiChain does not provide any two-way exchange channel for WTEST.
3.From Nov. 2 to Nov. 15, every registered user will get 100 airdropping WTEST at 11am (UTC+8) everyday.

Q&A in WaykiChain telegram: https://wicc.me/pr1

“It may come into notice recently that many prediction platforms such as EOSBet could reach ＄65million turnover daily. But instead of a rise, the price of EOS is undergoing a slight fall, suggesting that the players of these prediction applications are all existing users of cryptocurrency field and the capital flow of EOS are taking internal circulation instead of bringing in new increment. This phenomenon, in fact, explains why WaykiChain aims beyond blockchain industry. Only by allowing more vertical industry players and organizations to use your platform will the ecology be more prosperous.” Said WaykiChain CPO, Xi Zhang.

Xi Zhang graduated from Tsinghua MBA, former Senior Product Manager of Tencent. As an expert in products and operations, Xi Zhang has been engaged in Internet industry for 14 years with several entrepreneurial experiences.

WaykiChain Aims at Big Ecosystem
70% of the applications in EOS are prediction related, and there are prediction App released based on Google open source, but no one would accuse EOS or Google of gambling. Likewise, WaykiChain is not to make fast money by running prediction application, it aims at a big economy and a big platform, in which prediction is nothing but an entry point, down to earth and matching blockchain characteristics.

So how does it make a profit without taking a commission? In WaykikChain’s ecosystem model, a system was set up for WICC exchanging to stable coin to avoid the potential loss caused by price fluctuation of WICC. This stable coin can be obtained by mortgaging WICC in the chain or purchased from the operator with fiat currency. All the applications within WaykiChain ecosystem will require this stable coin as chips in the future.

Strengths of WaykiChain Prediction
Apart from the ecosystem model design, WaykiChain is also innovating from technology side. For example, WaykiChain will provide an interface of true random numbers generator based on the encryption algorithm in blockchain technology, and will open source the rules of the whole random number generation, with which any user with concerns can trace the whole process, making sure the payout of the game is fair. What’s more, this mechanism will be encapsulated for the operator to use in their games.

If the user wins in the prediction and wishes to leave the market, he or she could exchange the stable coin in hand to fiat currency with the operator. Even if the operator had run away, he could still exchange the stable coin to WICC, and again exchange to fiat currency in the exchange. A growing number of people will use the application built on WaykiChain, the demand for WICC will increase accordingly. And a portion of WICC as gas will be destroyed every time the smart contract is called, the supply of WICC therefore will reduce. The rising demand and reducing supply will, as a result, add the value of WICC.

New Products Demonstrate Business Model

WaykiBet V2.5 applies a fixed odds in the market. Each player can be either a bet builder or a bettor. After it’s launched, WaykiChain will open source the whole set of codes and contracts for operator to deploy their application on.

In addition to the original wallet function, another product named WaykiTimes also undertakes the mission of maintaining relations with WaykiChain investors, developing tech forum and becoming the entry point of WaykiChain ecosystem.

Just as stated, prediction is nothing but an entry point for WaykiChain’s big ecosystem and big platform. Taking full advantage of its sustainable business model, WaykiChain has been exploring more possibility of cooperation with the government in China, hoping to bring more energy to the industry with blockchain technology.

Welcome feedback from the community, so please do get in touch. Want to dive in further? Follow WaykiChain on Twitter,Mediumand LinkedIn.

The “wisdom of the crowd” phenomenon has been widely explored by many experts. The discovery that the aggregate answers of many different people are often superior to those of individuals has jumpstarted new companies and industries. Companies like Wikipedia, Quora, and StackExchange show us how crowdsourced answers can lead to fast and accurate information. The rise of prediction markets demonstrates how crowdsourced answers can lead to financial gains. These markets, if leveraged at scale, could potentially provide the world with one of most efficient forecasting tools available.

It just illustrates a quote of Wayki Sun, founder of WaykiChain,
“Our business model is the most down-to-earth and the most likely to put into application. From the perspective of business model and business logic, it is the easiest to realize. We are committed to creating a whole ecological system with large scale.”

WaykiChain is not All About Prediction

Decentralized prediction is not the core of WaykiChain, it’s the entry point we take to empower the business model through market expansion. Meanwhile, WaykiChain is also targeting at the application of decentralized assets trading and decentralized foreign exchange trading.

WaykiChain Public Chain, launched in May 2018.

A Chart of WaykiChain Compared with Big Public Chains
Through comparison with other renowned chains like Bitcoin, Ethereum etc, it’s easy to find out that WaykiChain’s transaction rate is currently 30 times faster than that of Ethereum. Another huge advantage over many other competitors is that WaykiChain opens sourced both the blockchain core software and supporting developer tools and SDK on Github since this May, empowering third parties to develop their applications in a developer-friendly manner.

WaykiChain Dapp, launched in May 2018.
WaykiChain DApp has been upgraded to V2.1 ever since, attracting over 130,000 users to download and bet. The latest product DApp V2.5 is planned to launch in November, which enables a new feature that everyone can be a bet builder. With the authoritative event data and services provided by WaykiChain DApp, user even without any technical or product background can build a bet in simply one-click. And at the end of the game, DApp will automatically call the smart contract to calculate the bet results and deliver payouts, without any manual participation.
Waykitimes Wallet, Beyond Times.
The new WaykiChain wallet, named as Waykitimes to be launched on November will retain the original wallet functions, such as Lock Revenue Sharing and node voting. The newly added “Forum” gathers the community of WaykiChain and blockchain together, will become an ecology of open communication. Meanwhile, it will have a “News” section to meet different users’ needs. In the future, Waykitimes will implement WaykiChain token economy to encourage the community members.
Worldwide Communities
WaykiChain is also expanding its overseas community. “Global or die.” Gao, WaykiChain CEO said, globalization is the development trend for blockchain technology, if a company is limited in one country or area, it won’t make long. Over 33,000 members in English-speaking telegram group, more than 10,000 in facebook and 3,000 in twitter, WaykiChainers all around the world are making WaykiChain a global community worth its name.
Reasons Why WaykiChain Aims to Vanish
“The day when WaykiChain Co. ‘disappears’ will mark a tremendous success.” said WaykiChain CEO Gordon Gao. “Disappear” brings a totally decentralized, community-driven autonomous blockchain ecosystem. We don’t mean to fail but to weaken the predominant role of WaykiChain in the entire ecosystem, and eventually transforming to be one of the contributors. Our vision is to build a decentralized, community self-governance big platform and big ecosystem, and we are moving toward it.”
WakiChain will continue to contribute to the development of blockchain as always.

Welcome feedback from the community, so please do get in touch. Want to dive in further? Follow WaykiChain on Twitter, Medium and LinkedIn.

1.Twitter: https://twitter.com/wayki_chain
2.Medium: https://medium.com/@waykichainwicc/
3.LinkedIn: https://www.linkedin.com/company/waykichain/

Become A Global Partner of WaykiChain
If you are a crypto enthusiast and strong believer, join us now.
If you are a blockchain tech geek, join us now.
If you are a deep-user of Social media, join us now.

Why be a global partner of WaykiChain?
Exclusive privileges and benefits
Privilege to use our latest blockchain product
Privilege to take part in Global Meetups
Privilege to communicate with our CTO and core developers
Large Platforms to share your thoughts!
Whether you are a blockchain evangelist, a tech geek or a blogger, we provide you platforms to reach an audience of blockchain and share your views, observations and analysis about it.
Token Reward
Qualified partner will be rewarded up to 100000 WICC a month accroding to contribution.

Join our Telegram https://t.me/wiccofficial for more details!

Sound good? Apply now! Just email us at [email protected] with subject Global Partners Application + (Your name). Tell us a little about you:
A few words about yourself
Your active social media accounts name
Why you are interested about being a partner for WaykiChain
For more details about WaykiChain, you can find it at www.waykichain.com.