WanchainANN - Wanchain.org Announcements Channel
4.78K subscribers
619 photos
32 videos
1.72K links
The Official Wanchain.org Announcements Channel.

Please join our official chat as well:
https://t.me/WanchainCHAT
Download Telegram
Now – Our Big Announcement:

*BIG ANNOUNCEMENT*

Thank you for your support and understanding all these weeks.

We still have time so no rushing through things.

In a few days, we will be sending out a whitelist registration form on Telegram: https:/t.me/WanchainANN (Please subscribe to this channel!).

We are preparing a whitelist procedure which includes a KYC and AML process to ensure compliance.

We will be announcing the process in the next couple days. Stay tuned!

Thank you.
- Be wary of Telegram groups claiming to be Wanchain.org Groups/Channels.
- Be careful of the fake ~wanchain.co~ website DO NOT VISIT IT
- The only legitimate wanchain website is wanchain.org (BOOKMARK THIS AND IGNORE ALL OTHERS).
- Always be alert. The ICO is not up and running and won´t be until a notice in advance (never on the same day). Do not make hasty decisions.

Many thanks
Dear Wanchain Community,

Thank you for your support and patience. In order to best serve you, our community, we are working on the final steps of the whitelist registration form.

- Security testing the form and servers.
- Legal team reviewing the form.
- Final add-ons are being implemented.

We will release the whitelist form before the end of the week.

Please stay tuned and keep watching this space for more updates!

Many thanks,

The Wanchain Team
One of our team members found this Chrome extension. It keeps track of reported Ethereum-based scam websites and blocks access with a message. Use it as another tool in anti-scam toolbox. This tool is not affiliated with Wanchain.
https://chrome.google.com/webstore/detail/etheraddresslookup/pdknmigbbbhmllnmgdfalmedcmcefdfn/reviews?hl=en-GB
Dear Wanchain Community,

We are pleased to announce our whitelist registration form.
https://wanchain.org/whitelist

*Important notice:*
1) Click the following link and fill in all the required fields (these will be marked with a red asterisk): https://wanchain.org/whitelist
2) *Identity Card Upload:*
Driver's License/s and Government Issued ID/s will require a front and back photo upload. Images uploaded must be under 2.5 megabytes (each).
3) *Passport:*
Those who choose to upload a scanned image of their passport will also need to type in their passport number (the corresponding box will pop up).
4)* Citizens or permanent residents from Singapore, Mainland China and USA* may not participate in this procedure and/or in the ICO.
5) Registering via this form *does not* guarantee participation in the ICO.
6) We will respond to every application submitted (approved or not).
7)* Duplicate submissions will be automatically rejected*. If you want to change the information you initially submitted, please contact whitelist@wanchain.org.
8) ETH amounts input by users are not guaranteed per address.

Thank you for all the support.
*Dear Wanchain Community.*

We will be closing the whitelist registration on Wednesday (20th September) at 16:00 UTC.

We will continue accepting applicants past this point but those will not be guaranteed a quota in the ICO.

*Current stage*: Applicants are still being reviewed.

To highlight:

*Gold whitelist*: Approved whitelist applicants who submitted the form before Wednesday 20th September 16:00 UTC.

Contribution amount submitted is not guaranteed but a spot in the ICO is.

*Silver whitelist*: Approved applicants who submitted the form after the Wednesday deadline. Neither contribution amount nor participation is guaranteed in the ICO.

KYC/AML still required.
—---------------------------------------—
Thank you very much,

The Wanchain Team
Dear Wanchain Community,

*The Gold Whitelist has closed.*

We will now open the Silver Whitelist. We will continue accepting applicants past this point but those will not be guaranteed a quota in the ICO.

----------------------------------------------------------

*Silver Whitelist*

Approved applicants who submitted the form after the lock today (20th September 16:00 UTC).

Terms

- Neither contribution amount nor participation is guaranteed in the ICO.

- KYC/AML still required.

----------------------------------------------------------

Please expect up to 10 days to process all Gold Whitelist applications. An e-mail will be sent out to all applicants once reviewed.

A special thank you to all our supporters. 

The Wanchain Team
Dear Wanchain Community.

Thank you for the continued support.

We will be closing the Silver Whitelist Registration on Tuesday 26th September at 16:00 UTC.

*Important stats*

- As of today we have received 9,596 applications from over 105 countries.

- We have reached over 6,000 members on Slack.

- Over 5000 members have subscribed to our Telegram Announcements Channel.

*What is the next step?*
1) We will be processing applications through our KYC/AML partners.

2) All applications that pass the KYC/AML will be processed individually by Wanchain to ensure no fake or duplicate accounts have been created.

3) We will be contacting everyone with an acceptance/rejection letter in the coming week (please allow up to 7 days).

4) Once reached out to all applicants, we will start preparations for the ICO.

5) Further ICO news will be released on Friday 29th September at 16:00 UTC.

*Silver Whitelist*
Please note that even if you submit your Silver Whitelist Form last, you still have the same chances as everyone else on the Silver Whitelist.

ICO Gold Whitelist will be open for 24 hours on the day of the ICO with an allocated cap (further details will be released in the coming days).

After the 24 hours, the tokens will be sold to Gold and Silver Whitelists (regardless of the time they submitted the application) with an uncapped amount until all tokens are sold.

*Post ICO*
We are working on making agreements with several partners. These agreements will be released after ICO.

We will invite some users to try out our new Rocket Chat soon!
If you have any queries please direct them to our admins on t.me/WanchainCHAT

Thank you very much,

The Wanchain Team

*****WHITELIST REGISTRATION******
https://wanchain.org/whitelist
Dear Wanchain Community,

We have officially closed the Wanchain Whitelist.

Please stay tuned for further updates this week. We will be closing our Slack #discussion channel temporarily tomorrow (27th September) at 20:00 UTC.

*The Slack #announcements channel will still be enabled*. Do not believe information from Slackbot or Direct Messages.

Please join our announcements channel on telegram if you haven't already:

t.me/WanchainANN

We will be sending out e-mails to everyone by the end of this week with regards to your applications.

Thank you so much for all the support!
The Wanchain Team
Dear Wanchain Community,

We have started sending out rejection e-mails. If you have received a rejection e-mail and believe it is due to your ID not being clear, in a language other than English or any other reason please send the correct information or an updated picture/scan of the document to us at whitelist@wanchain.org. Please include your registered e-mail, ethereum address and name as proof.

You will have 48 hours to send the correct information to us.

We will be issuing the first batch of approval letters on Friday. Please note that all approval letters will not be sent out on Friday.

We will also be posting a big announcement on Friday at 16:00 UTC.

*A reminder to slack users*
We will be closing the #discussions channel tonight. *The Slack #announcements channel will still be enabled*. Do not believe information from Slackbot or Direct Messages.

Please join our announcements channel and chat group on telegram if you haven't already:
t.me/WanchainANN
t.me/WanchainCHAT

Thank you so much for your support,

The Wanchain Team
Dear Wanchain Community,
We would like to first give the community a summary of what we have been working on the past few weeks.

*SECURITY CLASSIFICATION - WANCOIN*
As the cryptocurrency ecosystem has been changing and is subject to further change, we have been working closely with a "Big 4" law firm in Singapore to help us cover the legal aspects of the project. One of the most important areas the legal firm has been working on is the whether The Wancoin is in fact a security. After an extensive review of our foundation, network, and token they have determined it is unlikely that Singapore regulators will classify Wancoins as securities.

*SECURITY CLASSIFICATION - ERC20 TOKENS*
To prevent the ERC20 tokens that we will be issuing after the ICO from being classified as securities, our lawyers have advised us that the ERC20 tokens should not be allowed to trade. As a result we can only guarantee the exchange of ERC20 tokens for Wancoins that come from the same purchasing address. This exchange will occur when the Wanchain mainnet goes lives in approximately 2-3 months. Certain exceptions may apply - we will work closely with our legal team and review these on a case by case basis.

The Purchaser acknowledge that receipt of the ERC20 token is for future delivery of the Wancoin token and access to the Wanchain platform. Wanchain will not be supporting any exchanges that list the ERC20 token; furthermore, participants in our ICO acknowledge that he/she will not resell the ERC20 token.

*KYC/AML*
While Singapore and international laws are often unclear and rapidly changing with respect to digital currencies, one thing is known - governments around the world do not want digital tokens to be used to support money laundering or terrorist financing.
To that end we are safeguarding the project and users from future regulation by implementing strict KYC and AML protocols.
Ensuring that our project is KYC and AML compliant is a big step towards being a legitimate project in the crypto space.

*LOOKING FORWARD*
The ecosystem is rapidly changing and our interest is in keeping the project compliant on a global scale. If further regulations are put into practice, we will continue to adapt to the new regulations in such a way that both users and our project are safeguarded.

*WEBSITE*
We have also been working on several aspects of the website. We will provide several guidelines for users to verify that the contract address they contribute to is the legitimate one. This includes and is not limited to videos proving it is the right contract address, our official social platforms, and website. We are also working on soon releasing a form tomorrow (Saturday 30th September) where users can input their ethereum wallet address to see whether it has been successfully whitelisted.
*WHITELIST APPLICATIONS*
Aside from this, we want to thank you for your continued support and patience. We received a total of 11,812 applications.

*Here are the stats:*

Total applications: 11,812
Gold whitelist: 7,779
Silver whitelist: 3,224
Unapproved: 809

As you are aware, we have started to send out rejection emails. Please remember you have 48 hours to correct information from the moment you receive the e-mail. If you have any doubts regarding your application please contact whitelist@wanchain.org.
We are still working on identifying the fake and flagged accounts. This means that rejection e-mails will continue being sent out over the weekend.

*Approvals*
We will start sending the first approval e-mails today. Please allow a few days for them to reach you.
We will also be issuing a form on our website where you will be able to check whether your ethereum address has been successfully whitelisted.

You can check if your ethereum address has been whitelisted by visiting: https://wanchain.org/whitelist

*ICO ANNOUNCEMENT*
ICO date: 03 October 2017 16:00 UTC
Total tokens in sale: 107.1 million
Presale for strategic partners: 45,000 ETH (ave. discount <5% of week 1 rate)
Week 1: 1 ETH = 880 WAN - 15% Off
Week 2: 1 ETH = 790 WAN - 5% Off
Week 3: 1 ETH = 750 WAN - Original Rate

*Gold Whitelist*
Individual cap for Gold: 6.8 ETH
Once the ICO begins on October 3rd you will have 24 hours to claim your reserved Wancoins.
After 24 hours, you will be able to contribute in the silver phase until all tokens are sold.

*Silver Whitelist*
After the first 24 hours have passed, Silver will be able to contribute along with Gold until all tokens are sold.
There will be a 65ETH limit per transaction in the silver phase.
Total reserved amount:
Over 20,000 ETH worth of tokens (in addition to the unsold amount in the Gold phase).

*Max gas price implementation*
There will be a maximum gas price fixed into the smart contract starting on the second day of the ICO to avoid major congestions to the Ethereum network. The details are:
Max gas price: *50 GWEI*

Cap per transaction: 65 ETH

*Transactions with a gas price above the limit will be rejected.*

Recommended gas limit: 150,000
We will be preparing several guides on how to stay safe leading up to the ICO and during the ICO contribution period.

*THANK YOU IN ADVANCE FOR YOUR SUPPORT!*

We know that many of you are long time supporters of Wanchain; we appreciate your patience and are grateful to have you on this long journey with us. If you are interested in joining our team please check our website as we will be announcing a number of new positions soon.
*Wanchain ERC20 Tokens*

Our decision to issue an ERC20 token was based upon our fundamental principle that people should have custody of their assets. Removing centralized middle-men and returning custody to the hands of the individual is one of the primary reasons for Wanchain's existence.

As a result of this belief we are returning to our ICO participants their Wancoins, in the form of a temporary ERC20 token, as soon as possible. However, ERC20 tokens can present some legal challenges. We have listened closely to our lawyers who have advised us to not allow them to be traded.

One of the paths we evaluated was locking the tokens.

We chose not to do this because we were concerned about the security of the tokens. We do not want to prevent users from transferring the tokens to themselves in the event that their wallet gets compromised or they want to move to a more secure wallet. Should this occur we will work with the users to see their path of custody of funds and confirm that it is still them that is in control of the new wallet. Proving this chain of custody may be a bit of a headache for you so don't do it unless you really need to.

Our anticipation is that the economic incentives will limit people from selling their ERC20 tokens to those that aren't aware that they will not be able to exchange them for Wancoins. However, should this occur we will review on a case by case basis, along with other edge cases, to do what fair, equitable, and legal for all parties.

We have made these decisions carefully, after much considering, with the goal of following our fundamental principle of individual custody, maximizing security for our users, and ensuring the long term legal viability of our network.

In summary:

-Transferring to another wallet you control is okay (but don't move them unless you need to for security purposes)

-Transferring/selling to someone else is not okay

-We can only guarantee the exchange of ERC20 tokens for Wancoins that come from the same purchasing address

-Edge cases may pop up and we will review on a case by case basis

-ERC20 will be exchangeable for Wancoins in approximately 2-3 months when the mainnet goes live.

-Towards the end of the year after you exchange your ERC20 for a Wancoin there will be no trading restrictions.
Wanchain is not involved with ICO China. We have no association with ICO China. Do not send ETH to ICO China for the Wanchain ICO.
We are not accepting any more whitelist changes. Change requests in the queue already are being processed.
The whitelist is closed. No further changes can be made. Please check the website before the sale to determine your status. The gold/silver addresses will be updated tomorrow.
ICO ANNOUNCEMENT

ICO date: 03 October 2017 16:00 UTC
Total tokens in sale: 107.1 million

Go to https://wanchain.org/tokensale for information on how to participate and get the Contract Address.

ICO Information Guide Download the following file.
https://wanchain.org/files/Wanchain_distribution_guide.pdf

Week 1: 1 ETH = 880 WAN - 15% Off
Week 2: 1 ETH = 790 WAN - 5% Off
Week 3: 1 ETH = 750 WAN - Original Rate

Gold Whitelist
Individual cap for Gold: 6.8 ETH
Once the ICO begins on October 3rd you will have 24 hours to claim your reserved Wancoins.
After 24 hours, you will be able to contribute in the silver phase until all tokens are sold.

Silver Whitelist
After the first 24 hours have passed, Silver will be able to contribute along with Gold until all tokens are sold.
There will be a 65ETH limit per transaction in the silver phase.
Total reserved amount:
Over 20,000 ETH worth of tokens (in addition to the unsold amount in the Gold phase).

Max gas price implementation
There will be a maximum gas price fixed into the smart contract starting on the second day of the ICO to avoid major congestions to the Ethereum network. The details are:
Max gas price: *50 GWEI*

Cap per transaction: 65 ETH

Transactions with a gas price above the limit will be rejected.

Recommended gas limit: 120,000
We will be preparing several guides on how to stay safe leading up to the ICO and during the ICO contribution period.

THANK YOU IN ADVANCE FOR YOUR SUPPORT!
Note: The GAS LIMIT recommendation has been lowered to 120,000.
FAKE!!!! —--> WANCHAIN dot CO is a fake website. WARNING!!!
FAKE WEBSITE —---> WANCHAIN dot NETWORK ... DO NOT GO THERE!!!