Press Releases Archives - W Chain https://w-chain.com/category/press-releases/ Wed, 11 Jun 2025 06:38:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://w-chain.com/wp-content/uploads/2025/02/Favicon-Wchain-150x150.png Press Releases Archives - W Chain https://w-chain.com/category/press-releases/ 32 32 W Chain Celebrates Ambassador Program Success, Honors Top Contributors & Unveils Next-Gen W Builders Initiative https://w-chain.com/w-chain-celebrates-ambassador-program-success-honors-top-contributors-unveils-next-gen-w-builders-initiative/ Tue, 27 May 2025 04:04:23 +0000 https://w-chain.com/?p=993626 W Chain Celebrates Ambassador Program Success, Honors Top Contributors & Unveils Next-Gen W Builders Initiative

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Globally, 27th May 2025, W Chain proudly concludes its groundbreaking global Ambassador Program, recognizing the exceptional contributions of its global community in shaping the blockchain ecosystem’s future. The initiative saw outstanding participation from innovators worldwide, each bringing unique perspectives to advance W Chain’s vision of decentralized innovation. 

 

In celebration of this collaborative effort, W Chain is rewarding its top 10 contributors with $50 each, acknowledging their valuable insights and dedication. All participants will receive commemorative Certificates of Participation, with all rewards transparently verifiable on-chain and collated here, reinforcing W Chain’s commitment to openness and community trust.

 

Building on this momentum, W Chain will be announcing the exciting relaunch of its W Builders Program – a powerful evolution offering enhanced rewards, expert mentorship, and comprehensive resources to empower developers in bringing transformative blockchain solutions to life. This next-phase initiative features clearer pathways for participation and greater support for bringing visionary projects to fruition.

 

“The incredible response to our Ambassador Program has been both humbling and inspiring,” said Mr. Anish Jain, Founder & CEO. “As we transition to the W Builders Program, we’re not just continuing this journey – we’re supercharging it with more opportunities, better support, and stronger rewards for our brilliant community members.”

 

While closing this successful chapter, W Chain reaffirms its commitment to:

  • Showcasing exceptional community contributions
  • Providing priority access to top performers for future opportunities
  • Continuously improving programs based on participant feedback

The W Chain team extends deepest gratitude to all ambassadors and invites the broader community to join this growing movement. With the W Builders Program launching soon, now is the time for developers, creators and visionaries to prepare their most ambitious blockchain innovations.

 

About W Chain

 

W Chain is an innovative leader in blockchain technology, developing secure and efficient payment solutions for businesses and individuals worldwide. With a focus on combining the benefits of both public and private blockchain networks, W Chain Network is creating a next-generation platform for global payments, smart contracts, and decentralised finance.

 

For more information, please visit, www.w-chain.com

Media contact:

Arijit Das
Marketing & PR

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W Chain and Uni-Fy Sign Letter of Intent to Explore Strategic Web3 Partnership https://w-chain.com/w-chain-and-uni-fy-sign-letter-of-intent-to-explore-strategic-web3-partnership/ Mon, 28 Apr 2025 09:36:20 +0000 https://w-chain.com/?p=993602 W Chain, a top hybrid blockchain platform for global payments, has announced its partnership with NeurochainAI...

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Globally, 28th April 2025 — W Chain, a recognized leader in blockchain technology for payments, has announced the signing of a Letter of Intent (LOI) with Uni-Fy, an emerging force in the Web3 engagement space. This move marks a key milestone in W Chain’s broader strategy to accelerate blockchain adoption and unlock new use cases at the intersection of decentralized infrastructure and real-world commerce.

Rooted in W Chain’s mission to make blockchain usable and valuable for brands, businesses, and creators, the LOI sets the foundation for a collaborative roadmap focused on co-developing innovative, accessible tools. The partnership will explore potential initiatives such as integrated onboarding solutions, NFT-based activations, white-label products, affiliate programs, and more—all designed to lower adoption barriers and deliver tangible user value.

“This partnership aligns with our mission to bridge the gap between mainstream users and Web3 technology,” said Sathya Prakash, VP of Business at W Chain. “We’re excited to explore scalable, creator-first solutions that push the boundaries of what’s possible with blockchain.”

The announcement comes amid a period of strong momentum for W Chain, which recently unveiled a series of partnerships and has more in the pipeline. Each move reflects W Chain’s commitment to growing its ecosystem through smart, strategic alliances that add value and open new doors for users and developers alike.

The LOI formalizes a shared intention to explore joint initiatives and strategic alignment. Discussions between W Chain and Uni-Fy will continue in the weeks ahead to define the scope of collaboration and identify high-impact projects that serve both communities.

“Through strategic collaborations like our partnership with W Chain, Uni-Fy is expanding the possibilities for brands and users worldwide,” said Thomas Scott, GM, Uni-Fy. “We look forward to deepening our engagement and creating seamless, rewarding experiences together.”

As W Chain continues to build, its focus remains clear: leverage partnerships that drive meaningful adoption, simplify blockchain access, and create real-world utility for the next generation of Web3 users.

About W Chain  

W Chain is an innovative leader in blockchain technology, developing secure and efficient payment solutions for businesses and individuals worldwide. With a focus on combining the benefits of both public and private blockchain networks, W Chain Network is creating a next-generation platform for global payments, smart contracts, and decentralised finance.

For more information, please visit, www.w-chain.com.com

About Uni-Fy

Uni-Fy is building the future of engagement and commerce in Web3. Our platform empowers brands, creators, and businesses with ready-to-use no-code blockchain tools that drive growth, loyalty, and community activation.

By simplifying access to decentralized solutions like on-chain storefronts, affiliate marketing systems, and real-time analytics, Uni-Fy makes it easy to scale in the new digital economy.

Discover more at www.uni-fy.us.

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Arijit Das
PR and Communications

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W Chain Launches Commercial Network with Industry-Leading Ultra-Low Gas Fees; Appoints Sathya Prakash as Vice President to Drive Strategic Expansion https://w-chain.com/w-chain-launches-commercial-network-with-industry-leading-ultra-low-gas-fees-appoints-sathya-prakash-as-vice-president-to-drive-strategic-expansion/ Tue, 15 Apr 2025 13:11:05 +0000 https://w-chain.com/?p=993450 W Chain, a next-generation blockchain ecosystem purpose-built for scale, speed, and sustainability, today announced the official launch of its commercial network.

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Global, 15th April 2025, TuesdayW Chain, a next-generation blockchain ecosystem purpose-built for scale, speed, and sustainability, today announced the official launch of its commercial network. This milestone is marked by a breakthrough gas fee model—setting new standards in affordability and efficiency—along with the strategic appointment of Sathya Prakash as Vice President to spearhead the platform’s expansion across global markets.

Disruptive Economics: 200,000x Cheaper than Ethereum

At the core of W Chain’s value proposition is its ultra-efficient transaction cost structure. With a base gas fee of just 200 Gwei—equating to approximately $0.000005 per transfer—W Chain outpaces leading blockchain networks in affordability:

  • Ethereum: $1.47
  • Polygon: $0.0000147
  • Binance Smart Chain: $0.0525
  • W Chain: $0.000005

This cost structure is not only transformative for individual users and enterprises; it balances scalability with long-term economic viability.

Leadership Expansion: Sathya Prakash Appointed Vice President

To catalyze further growth, W Chain has appointed Sathya Prakash as Vice President. In his new role, Sathya Prakash will lead the W Chain business, reporting directly to the Board. The appointment is part of a group-wide initiative under which leadership roles will be rotated periodically. This approach is intended to ensure improved management and greater transparency across the group. Sathya Prakash will oversee global operations, strategic partnerships, and ecosystem development. His promotion reflects both his past contributions and the company’s focus on making W Chain practically useful across different industries.

“W Chain’s fee model positions us as the most cost-efficient, scalable blockchain infrastructure in the industry. With Sathya’s leadership, we are confident in our ability to translate this technological advantage into widespread adoption and impact,” said Mr. Anish Jain, Founder and Group CEO.

Strategic and Technical Milestones

W Chain has rapidly evolved from a high-performance Layer 1 network to a commercially viable blockchain platform, having recently launched several key services:

  • W Swap V2 DEX (Decentralized Exchange) – Available from on 16th April 1PM UTC
  • Validator Node – Now available to set up. The reward program will begin from 1st May.
  • Updated RPC Endpoint

What’s Next: A Roadmap for Scalable Utility

Looking ahead, W Chain’s ambitious roadmap includes:

  • Premium Account Features
  • W Swap V3 with Advanced Liquidity Tools
  • Blockchain-Powered Prepaid Cards
  • Memes for a Cause and Comic Memes on W Swap

These upcoming developments further underscore W Chain’s commitment to growing a strong product-led ecosystem.

 About W Chain

W Chain stands out as a pioneering hybrid blockchain designed specifically to bridge the gap between traditional and emerging global payments. Combining the best of both worlds, it delivers exceptional scalability, interoperability and innovation. Built to manage a high volume of transactions effortlessly, W Chain guarantees that each transaction is fast, secure, and efficient.

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Arijit Das
PR and Communications

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W Chain Partners With QuillAudits to Secure Blockchain Payments https://w-chain.com/w-chain-partners-with-quillaudits-to-secure-blockchain-payments/ Tue, 11 Feb 2025 10:00:00 +0000 https://wchain.asdscorp.com/?p=989916 W Chain, a hybrid blockchain designed for global payments, has officially partnered with QuillAudits...

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W Chain Partners With QuillAudits

W Chain, a hybrid blockchain designed for global payments, has officially partnered with QuillAudits, one of the most trusted names in Web3 security. This collaboration aims to enhance blockchain payment security, scalability, and efficiency by combining W Chain’s hybrid blockchain infrastructure with QuillAudits’ extensive experience in Web3 security.

W Chain’s innovative hybrid blockchain solution merges the benefits of public and private chains, providing unparalleled scalability and performance for global payment systems. By leveraging a Public Layer 1 (PoS) chain for transparency and a Private Layer 2 (PoA) chain for tailored business needs, W Chain enables businesses to harness the flexibility of blockchain technology without compromising security.

With transaction speeds of up to 10,000 transactions per second (TPS), W Chain’s system ensures efficiency, while its interoperability supports various digital assets and payment gateways, making it a versatile solution for businesses worldwide.

W chain has several key features. Its hybrid blockchain structure allows for open access via a public chain while offering tailored solutions through a private chain, effectively catering to diverse business needs. One of the standout features of W Chain is its transaction speed, capable of processing up to 10,000 transactions per second (TPS), making it suitable for high-volume applications. Additionally, W Chain is blockchain agnostic, meaning it supports a wide range of digital assets.

The platform also emphasizes user experience with its KYC-compliant smart wallets, which simplify payment processes by integrating wallets directly into the system. Furthermore, W Chain offers smart payment solutions that include features such as refunds, discounts, and fee management for businesses.

Mr. Anish Jain, CEO of W Chain shared his excitement about the partnership: “By joining forces with QuillAudits, we are reinforcing our commitment to delivering secure, scalable, and efficient blockchain solutions for global payments. With QuillAudits’ expertise in blockchain security, we can offer businesses the peace of mind they need to confidently adopt and implement blockchain technology in their payment systems.”

Ensuring Security Through Expert Audits

As part of a strategic collaboration, QuillAudits has conducted two thorough audits of W Chain to ensure the integrity and security of its infrastructure. The first audit, known as the W Chain Bridge Audit, focused on verifying the security of cross-chain transactions, ensuring that interactions between different blockchain networks are safe and reliable. The second audit, the W Coin Migration Audit, was aimed at ensuring secure token migration processes, which is crucial for maintaining the trust and confidence of users during transitions.

Both audits confirmed that W Chain’s smart contracts are secure and optimized for deployment, ensuring confidence for businesses and users alike in leveraging the platform.

Supporting the Growth of the W Chain Ecosystem- QuillAudits CEO, Preetam Rao, also expressed enthusiasm about the collaboration: “At QuillAudits, we are dedicated to ensuring the safety and reliability of blockchain technologies. Partnering with W Chain allows us to extend our expertise to secure an innovative blockchain infrastructure designed for businesses across the globe. Together, we are setting the standard for what secure blockchain payments should look like.”

To further bosst the growth of W Chain’s ecosystem, QuillAudits has committed to providing several key services. Through its WAGSI Program, QuillAudits will offer audit credits of up to $10,000 for security audits specifically available to projects backed by W Chain. Additionally, QuillAudits will facilitate connections to Web3 venture capitalists, incubators, and accelerators, thereby expanding the network and support available to W Chain ecosystem projects. Furthermore, QuillAudits will assume the role of the preferred security partner for all initiatives related to W Chain.

This partnership between QuillAudits and W Chain sets a new benchmark for secure, scalable blockchain payments, empowering businesses to confidently adopt decentralized solutions. Together, they are shaping the future of global payments with unmatched security and innovation.

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W Chain Announces Strategic Investment by Victus Capital to Boost WCO Ecosystem Expansion https://w-chain.com/investment-by-victus-capital/ Thu, 06 Feb 2025 12:00:00 +0000 https://tecnologia.vamtam.com/?p=2463 Global, 6th February 2025 – W Chain is excited to announce a pivotal partnership with Victus Capital...

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Global, 6th February 2025

W Chain is excited to announce a pivotal partnership with Victus Capital, a leading investment firm known for its strategic support in blockchain technology and ecosystem development. As part of this collaboration, Victus Capital has made a strategic investment in W Coin (WCO) of 700K USD to begin with, additionally providing expertise to support expansion and growth of the WCO ecosystem.

With the backing of Victus Capital, WCO will benefit from a comprehensive support package, including market-making services, access to global trading networks, and key business partnerships. This partnership is set to significantly enhance the WCO ecosystem’s development and adoption, positioning it for global success in the rapidly evolving blockchain landscape.

Commenting on this Partnership, Anish Jain, Founder & CEO of W Chain said. “We are excited to partner with Victus Capital to unlock the full potential of WCO. Their strategic guidance and resources will be invaluable as we continue to build a robust and thriving ecosystem.”

Through this collaboration, WCO stands to gain several significant benefits. Firstly, it will receive market making services, which are designed to enhance liquidity and trading volume across major exchanges. Additionally, the collaboration will support ecosystem development by fostering innovative projects through an accelerator program and establishing strategic business partnerships. Furthermore, WCO will gain global network access, connecting with elite trading groups and expanding into new markets, which is crucial for broadening its reach and influence in the blockchain space. Lastly, this partnership will contribute to brand elevation, enhancing WCO’s visibility and social proof within the blockchain and cryptocurrency communities, ultimately positioning it as a key player in the industry.

Further on this partnership Matisse Eykelberg, Co-founder, Victus Capital added “We believe in the long-term vision of W Chain and the potential of WCO, our investment will support the ecosystem’s growth and position WCO as a leading player in the blockchain space.”

This strategic partnership marks a significant milestone for WCO, solidifying its position as a key player in the evolving blockchain landscape.

About W Chain

W Chain Powered by WadzChain Network is an innovative leader in blockchain technology, developing secure and efficient payment solutions for businesses and individuals worldwide. With a focus on combining the benefits of both public and private blockchain networks, W Chain Network is creating a next-generation platform for global payments, smart contracts, and decentralised finance.

For more information, please visit, https://w-chain.com/

About Victus Capital

Victus Capital is a leading Web3 Venture Capital firm that has been recognized as the best-performing VC fund in Web3 by TechBullion. With a focus on value creation and sustainability, Victus Capital partners with visionary companies to drive transformative growth.

For more information, please visit, www.victuscapital.io

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W Chain Creates a New Milestone by Launching L1 Mainnet Blockchain for Developers Globally https://w-chain.com/w-chain-creates-a-new-milestone-by-launching-l1-mainnet-blockchain-for-developers-globally/ Tue, 24 Dec 2024 10:00:00 +0000 https://tecnologia.vamtam.com/?p=6103 W Chain, an innovative hybrid blockchain, announced the soft launch of its layer 1 Mainnet, marking a significant...

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A New Milestone

Global, December 24, 2024: W Chain, an innovative hybrid blockchain, announced the soft launch of its layer 1 Mainnet, marking a significant milestone in its journey that is going to redefine global payment systems. Following the successful Testnet launch phase, which played a crucial testing ground for developers and engineers, W Chain is now ready for a controlled soft launch phase for the Mainnet.

After the Testnet launch, the developer community was invited to explore the W Chain features and enhance the functioning of the features and security by sharing constructive feedback with the core team at W Chain. After carefully evaluating the suggestions from the developer community, new features like the W Chain bridge are introduced in the Mainnet soft launch.

Mr. Anish Jain, Founder, W Chain Network, expressed his enthusiasm about this significant step: “The soft launch of our Mainnet is an important moment for W Chain as we redefine global payment systems. We want to build an inclusive and flexible payment environment that fits businesses’ different needs today and tomorrow. As a central switch for all payments, W Chain should be interoperable with all digital currencies.”

The Mainnet soft launch also enables the developer community to create a variety of decentralised apps (Dapps) and boosts the adoption of blockchain-based products and services across the globe.

Dinesh KR, Head of Blockchain at W Chain, said “this soft launch is crucial to the company’s growth. We will use hybrid blockchain technology to secure and streamline transactions. We will simulate user interactions with the platform, collect important system performance and user experience data, and make any improvements before launch.”

Key Features of the Mainnet Soft Launch:

  • Limited Validator Onboarding: A select group of validators will be integrated into the network during this phase. This strategic approach ensures that any challenges can be addressed promptly without overwhelming the system.
  • Real-World Testing: The soft launch will simulate user interactions with the platform, enabling W Chain to gather critical data on system performance and user experience. This step is vital for identifying any last-minute adjustments needed before the official launch.

As W Chain prepares for its full Mainnet launch, it remains focused on community engagement and feedback. It invites developers and businesses to try out the platform during this soft launch phase, as their insights are invaluable for refining the system. W Chain is tracking to redefine global payment solutions through its unique hybrid blockchain technology. This soft launch of the Mainnet marks the beginning of not just a technological advancement but one of the important commitments to build a future-proof solution that solves modern payment problems.

For developer enquiries and Mainnet Access: https://scan.wadzchain.io/

About W Chain

W Chain Powered by WadzChain Network is an innovative leader in blockchain technology, developing secure and efficient payment solutions for businesses and individuals worldwide. With a focus on combining the benefits of both public and private blockchain networks, W Chain Network is creating a next-generation platform for global payments, smart contracts, and decentralised finance.

For more information, please visit, https://w-chain.com/

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Arijit Das

PR and Communications

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Official statement on WTK https://w-chain.com/official-statement-on-wtk/ Fri, 11 Oct 2024 10:00:00 +0000 https://wchain.asdscorp.com/?p=988980 Official Statement Dear WadzChain Community We would firstly like to apologise for the distress felt by the community due to the recent events. We would like to reaffirm that WadzChain had no role to play in it. The investigations are ongoing, and we are assessing if this could have been a systematic exploit of the...

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Official Statement

Dear WadzChain Community

We would firstly like to apologise for the distress felt by the community due to the recent events. We would like to reaffirm that WadzChain had no role to play in it. The investigations are ongoing, and we are assessing if this could have been a systematic exploit of the system.

As we move further, we understand the pain this has caused you. But we stand firm by our commitment to make good by the community. It takes precedence from events such as the Bitmart security incident back in 2021 or many other occasions when the company was questioned and stood the test of time. We have also established a 24X7 helpdesk for our community and you can write in anytime to seek support at support@wadzchain.io.

We are engaging with regulators, legal services (internal and external), forensic experts, and other relevant authorities. Your interest and getting clarity on the incident are our prime objectives. As part of the recovery efforts, we are working on several options, which include:

  • Blacklisting tokens and wallets, where possible.
  • Redeploying contracts with a newer security matrix and real-time bridge scan.
  • Re-acquisition/liquidity reduction: we are evaluating various options.

And rewarding our loyal community members with air drops to mitigate potential downsides. As you are aware, with the launch of the WadzChain testnet, we are aggressively moving towards the mainnet launch and on-chain tokonomics. Hence the occurrence of this incident is unfortunate.

As next steps:

  • We are working on resuming the deposits on exchanges as quickly as possible.
  • We will continue with other business activities at the same pace and publish a roadmap to Mainnet next week.
  • We will be publishing a report and a plan towards the back of next week regarding the recent events.

We at WadzChain and I personally are extremely regretful for the unforeseen events, and together we can beat this.

Kind Regards


Anish Jain
Founder

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W Chain launches hybrid blockchain to democratise global payments for businesses https://w-chain.com/w-chain-launches-hybrid-blockchain/ Tue, 08 Oct 2024 22:20:00 +0000 https://wchain.asdscorp.com/?p=988989 The company seeks to become the central switch for all payments globally, providing interoperability across all digital currencies, including CBDCs.

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WadzChain Unveils Hybrid Blockchain

October 8th, 2024WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses. WadzChain’s user-friendly interface and a highly scalable platform offers the ideal solution for businesses looking for secure, scalable, fast and cost effective transactions locally or across the globe-over encrypted blockchain networks.

WadzChain’s hybrid blockchain is designed to cater to all types of payments needs including micropayments, high-volume payments, disbursements, benefits and many more. Backed by industry expertise of over 250 years, the platform meets the needs of government, corporations, merchants and consumers while being highly scalable, with the capacity for up to 10,000 TPS. Its hybrid architecture (Layer 1 public, Layer 2 private) uses Proof of Stake (PoS) for public consensus, and Proof of Authority (PoA) for private consensus, ensuring fast, secure transactions. Interoperable and compliant with global regulations, WadzChain supports multiple digital assets and payment gateways, offering smart wallet integration, comprehensive payment features, and flexibility for businesses to operate in both public and private environments. The blockchain is perfect for diverse businesses and use cases, from small startups to large enterprises. In response to the evolving needs of its business, WadzChain Network has strategically shifted its focus to solidify its long-term growth. This renewed emphasis is on building the core of the business with purpose-built technology, ensuring its foundation is robust and aligned with future opportunities. As part of this strategy, the company is making key investments across several critical areas, including the Testnet and Mainnet developments, as well as increasing marketing and community engagement, plus expanding its listings on prominent platforms. While these advancements may involve internal restructuring to optimise operations, the approach is being managed carefully to ensure the organisation remains agile and fully committed to serving its community and all critical stakeholders.

Commenting on the launch, Mr. Anish Jain, Founder, WadzChain Network, said, “At WadzChain Network, we are leveraging our experience in the global payment industry to create a secure and user-friendly payments platform for global enterprises. Our vision is to become the central switch for all payments globally, providing interoperability across all digital currencies, including CBDCs. As the payment ecosystem evolves, WadzChain will serve as the backbone, offering unparalleled scalability, security, and flexibility. We are committed to building a global, future-proof solution that addresses the complexities of modern payment systems.”

Expressing his enthusiasm on the launch, Senior Vice President at WadzChain Network – Stas Madorski said, “WadzChain represents a new frontier in global payments, where speed, security, and scalability come together seamlessly. Our hybrid blockchain is designed to empower businesses with the tools they need to thrive in an increasingly connected world. With its hybrid approach, modular infrastructure, and the company’s deep understanding of payment demands, we believe that WadzChain will become the default blockchain payments platform globally.”

With the Testnet launch, WadzChain invites developers to build the next generation of payment applications on its versatile infrastructure. The blockchain offers developers the freedom to create tailored solutions that address real-world business challenges while taking full advantage of WadzChain’s scalability, security, and speed with decentralised finance (DeFi) support. It is the foundation for cutting-edge payment innovations.

The WadzChain Testnet is just the beginning. Based on feedback and the success of this testing phase, WadzChain will move towards the phased launch of its mainnet. Developers, businesses, and users will benefit from the enhanced capabilities of the mainnet, which will incorporate all the insights gained during the Testnet period to deliver a secure, scalable, and business-friendly platform.

For Developer Enquiries and Testnet Access: https://scan-testnet.w-chain.com

About WadzChain Network

 

WadzChain Network is an innovative leader in blockchain technology, developing secure and efficient payment solutions for businesses and individuals worldwide. With a focus on combining the benefits of both public and private blockchain networks, WadzChain Network is creating a next-generation platform for global payments, smart contracts, and decentralised finance.

For more information, please visit, https://w-chain.com/

Media contact:

Arijit Das

PR and Communications

 

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