Today’s market overview is suitable for gamblers, as we’re looking at WaykiChain, a blockchain-based gambling platform.
Their beta App was released just in time for the World Cup when sports betting is at its peak. With that, WaykiChain’s token, WICC, led the market gains on Sunday with a 37% surge which brought its price to $0.57.
WaykiChain is a Hong Kong-based company which makes use of a DPoS (Delegated Proof-of-Stake) consensus mechanism. It generates a new block every ten seconds, and uses eleven voting nodes. According to their team, the network is also capable of handling 1000+ transactions per second.
WaykiChain users are enjoying the convenience and the security the app comes with. Instant results and payout combination makes user trust the outfit and this is set to increase its uptake. The platform also boasts lower operational costs, with no third-party commission fees and with a 99% rate of return.
You can purchase WICC on exchanges such as Huobi, BCEX, and Hotbit, only against other major cryptocurrencies such as BTC and ETH. It’s token is not yet available to trade against fiat currencies such as the USD.
Ranking 85 on the coin market cap list, its price action is not available on Tradingview charting system and therefore we are unable to conduct a technical analysis on it yet.
Don't forget to complete your risk management due-diligence before developing your investment strategy.
*This article was originally published here.