The Great Wall Chain (hereafter referred to as CCY) is a public blockchain for bulk commodities and a weakly centralized traceability system based on blockchain and traceability technology. In response to the problems of the traditional bulk commodity industry, it proposes and implements a solution combining blockchain technology with the new concept of traceable bulk commodities. This addresses issues of product authenticity, accountability, and lack of trust, while enhancing the overall value and liquidity of industry assets. Through the application of CCY and community promotion, this will further popularize and accelerate the dissemination of related bulk commodity industry applications, forming a novel and unique bulk commodity cultural ecosystem.
CCY is a token issued based on the Ethereum ERC20 standard. Holding CCY represents one’s reputation and value within the CCYChain community. The ERC20 tokens will be used for the initial 1.0, 2.0, and 3.0 stages of community development. After the mainnet launch, CCY will undergo a mapping process, converting ERC tokens into CCYChain tokens, and holders will also receive rewards from the foundation for early participation.