A new round of ICOs is starting to take shape in China.
The first of these is an ambitious new cryptocurrency called W16 Engine, which aims to take the technology of blockchain technology and bring it to the masses.
The new cryptocurrency is already being backed by an ICO launched by a Chinese developer, and it will go live in a few days.
The company, W16 Network, is already trading on crypto exchanges like Poloniex and Bitfinex.
The crypto currency has already attracted a fair amount of attention and buzz in the cryptocurrency community, as the blockchain technology can help bring a new level of transparency to the lives of consumers.
W16 is also the first crypto-token that uses a public blockchain that’s publicly accessible to the general public.
The W16 platform is set to launch on April 16, 2017, and is a smart way to bring transparency to digital commerce in China and beyond.
What are the main differences between W16 and others in the W16 network?
W16 aims to bring blockchain technology to the world of commerce, which is already quite crowded with digital currencies.
W15 was the first blockchain-based currency, and its user base is growing fast.
W2, a cryptocurrency that uses smart contracts, is also growing rapidly, and W15 also launched last month.
The main difference is that W16’s user base has grown to nearly 2 billion people.
It’s not yet clear what percentage of that population is in China, but the average Chinese is likely to be in the 1 to 5 percent range.
It would seem that W15’s userbase is growing, and as of this writing, the W15 network is trading at around $0.08 per W16.
W14 launched on April 17, 2016, and has since attracted more than 1 billion users.
The average Chinese has invested at least $4,000 into W14.
With that said, it’s still not clear what the market share of the W14 network is, but it’s estimated that around 95 percent of W14 users are in China today.
In addition to W14, W15 launched last September and has generated about $5 billion in funding.
W13 launched on May 18, 2016.
W12 is another popular coin that was launched last year.
Like W14 and W13, W12 has attracted a lot of interest and has attracted billions of users.
W11 launched on March 12, 2017.
The market share for W11 is estimated to be less than 10 percent of the entire market.
What’s the biggest risk in investing in W16?
There are two main risks that W14 has faced.
The biggest risk is that the W2 network will be too slow to move beyond its initial beta test phase, and there may not be enough liquidity to cover all the trades that have been made.
The second major risk is the potential that W1, W2 and W3 will all crash or fail.
The recent history of the Chinese market shows that even in the first wave of ICO, many investors were willing to put their money on W16 if they had the ability to get the network up and running quickly.
But it’s unclear if W16 will be able to sustain that momentum in the coming weeks, months and years.
What do you think of the concept of W16 ?
Share your thoughts in the comments below.
Images via W16