In a day that has seen some improvements in the crypto-markets, albeit small, the fans and HODLers of WanChain (WAN) have a few things to celebrate with respect to the project. The first one being a new partnership with Pundi X and the second being that the project has been touring the Asian countries of Malaysia, Indonesia and Vietnam. Once in the mentioned countries, they have gone ahead and organized meetups.
With respect to the partnership, the announcement was made on the 16th of May during the Consensus event in New York City. In a tweet, the Wanchain organization had this to say about the partnership:
We are very pleased to announce a partnership with Pundi X (@PundiXLabs). Jack had a productive meeting at #Consensus2018 today with Zac. We look forward to announcing more details in the near future.
Pundi X main aim is to make cryptocurrencies access as easy as getting bottled water. They seek to bring cryptocurrencies to the next billion users and help increase the value of cryptocurrencies for all. The company has offices in Jakarta, London, Taipei, Shenzhen and Singapore. With a team of over 40, Pundit plans on empowering blockchain developers and token holders to sell cryptocurrencies and services at any physical store in the world.
This means that Pundi X will assist Wanchain (WAN) to get the much needed visibility and usability in real life commerce. Wechain, being all about connecting different blockchains, allows for the connectivity of these assets and enables banking applications to be developed.
In terms of visibility, the Wechain team is currently on a tour of Asia. The team recently ended a tour of Malaysia and Indonesia that took place from the 7th to the 13th of May. The team is now in the country of Vietnam and will have a meetup there tomorrow, the 22nd of May. The announcement was made via twitter and had this to say about the meetup:
Join us for the first Wanchain meetup in Vietnam feat. #WAN representatives Bryan and Mark. Details: 7pm-9pm, 22nd May 2018 at the Up Co-working Space in Ho Chi Minh.
With respect to market performance, Wanchain is currently trading at $5.78 and down 5.21% in 24 hours. The general market feel is one of a small decline with BTC currently down less than a percentage point in the last 24 hours. BTC is currently trading at $8,414: levels which are welcome with the total crypto market cap steady at $382 Billion.
[Photo source, ForexNewsNow.com]