The WTC token is the native cryptocurrency of Waltonchain, a blockchain platform designed to integrate blockchain with Internet of Things (IoT) technologies, particularly in supply chain management.
🔹 Key Facts About WTC Token:
Full Name: Waltonchain Token (WTC)
Type: Utility token
Blockchain: Initially based on Ethereum (ERC-20), later migrated to its own mainnet
Use Cases:
Paying for transactions and smart contract execution on the Waltonchain networkIncentivizing node operators and minersParticipating in governance (in future or forked versions)Using in subchains for specific business applications (e.g., retail, logistics)
🔧 How WTC Works in Waltonchain Ecosystem:
Waltonchain uses a parent-child chain architecture:
Parent chain = main Waltonchain blockchain (uses WTC for operations)Child chains = business-specific chains (can issue their own tokens, still use WTC for gas or anchor data to mainnet)
WTC plays a vital role in:
Authenticating physical products via RFID chipsTracking items across supply chains with blockchain-backed data integrityTransferring value between different parts of the ecosystem
📉 Current Market Status (as of 2024–2025):
The token has lost much of its popularity compared to 2017–2018.It is now considered a low-liquidity asset with declining community support.Development activity and partnerships have slowed significantly.
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