via Waltonchain

Waltonchain (WTC), a blockchain company developing an RFID platform for efficient retail supply chain tracking, announced Wednesday that it has launched the presale for its Bamboo Wallet, the only hardware wallet compatible with mainnet WTC.


According to the announcement, the Bamboo Wallet will support Bitcoin (BTC), Ethereum (ETH) and WTC at launch and Waltonchain is working on adding additional mainstream cryptocurrencies.

The new wallet will cost investors $90 before shipping and customs considerations, as all orders are being shipped from China. Waltconchain notes that, due to China’s policy on cryptocurrency, the company will not accept cryptocurrency as a payment method in order to abide by the law.

The Bamboo Wallet is currently under production and is expected to be shipped in March based on order of payment. There will be only 200 Bamboo Wallets available; however, Waltonchain does plan to release additional hardware wallets in the future.

WTC is currently down 2.6% on the day to $1.10, giving the project a $45.1 million market cap and making it the 62nd largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More: Waltonchain Bamboo Wallet FAQ
In-Depth: Waltonchain: Blockchain Integrated With the Internet of Things (IoT)

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.