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 network

  • Incentivizing node operators and miners

  • Participating 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 chips

  • Tracking items across supply chains with blockchain-backed data integrity

  • Transferring 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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