A New Era for WICC Value: The Forthcoming Transformations Brought by WaykiChain 4.0 Upgrade

WaykiChain WICC
2 min readJul 27, 2023

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The development journey of the public blockchain project, WaykiChain, marks a significant milestone with its upgrade plan to version 4.0. In this upgrade, WaykiChain will achieve a high-performance blockchain compatible with EVM (Ethereum Virtual Machine) and aims to seamlessly migrate the Ethereum ecosystem. This upgrade will have a positive impact on the future development of WaykiChain, as well as the value of the WaykiChain token, WICC.

EVM is a core component of Ethereum that allows anyone to create and run smart contracts on the Ethereum platform. WaykiChain 4.0’s EVM compatibility signifies that it can seamlessly integrate with Ethereum’s smart contracts and DApp ecosystem, enhancing WaykiChain’s interactivity and scalability. This compatibility will attract more developers and users to WaykiChain and utilize the vast ecosystem of Ethereum, thereby expanding its influence. This will aid in boosting the value of the WICC token, as more interactions and usage scenarios will generate a greater demand.

Ethereum is the largest open-source blockchain platform, with a substantial user base and a rich DApp ecosystem. WaykiChain 4.0 aims to seamlessly migrate the Ethereum ecosystem. This means that all DApps and smart contracts based on Ethereum can easily migrate to WaykiChain. This move will significantly increase WaykiChain’s influence and market share. The ability to migrate existing DApps to WaykiChain without any modifications is a compelling attraction for developers.

This will also add greater value to the WaykiChain token, WICC. As more DApps and users join, the use cases for WICC will greatly increase, thereby driving its value upward.

The EVM compatibility and seamless migration of the Ethereum ecosystem by WaykiChain 4.0 will have profound effects on both the future development of WaykiChain and the value of WICC. These effects will not only be visible on a technical level but more importantly, it has the potential to reshape the entire blockchain ecosystem’s landscape. It might bring a “1+1>2” effect. In other words, EVM compatibility and the seamless migration of the Ethereum ecosystem may mutually promote each other, collectively propelling WaykiChain’s development, thereby generating an impact that surpasses the influence of a single factor.

We have reasons to believe that this upgrade will bring new development opportunities for WaykiChain and open up more possibilities in the blockchain world. This upgrade will have a positive effect on the value of the WICC token, as more interactions and usage scenarios will generate a greater demand. Simultaneously, with more DApps and users joining, the use cases for WICC will significantly increase, thereby driving its value upward.

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