Some of the reasons why I invested in Waltonchain:
WTC = Blockchain platform combining IOT and RFID, tackling a $40 trillion supply chain market and more
- 3 local chinese government contracts & funding received
- business parnerships with multiple companies that have a combined networth of over $30 billion
- Team includes ex Samsung VP and ex Honeywell as Advisor, multiple Research Professors of Korean, Universities, team has several PHDs wrote combined 300+ academic papers, holds 100+ patents (Many in RFID)
- World leaders in RFID chip development
- Angel investors include chinese government officals
- Worlds first Mainchain-Childchain solution offers unprecedented scalability (theoretical millions of transactions per second) - This they still have to prove though, since their chain is not live yet
- current 270m marketcap is very low for a project of this scope
- 40% of circulating tokens locked up in masternodes right now, therefore very low supply
So on this last dip I bought some WTC. They have some good ideas with this projects so I'm going to buy some and hold for long term and see how it goes.