W12.io BLOCKCHAIN PROTOCOL
ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: W12. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
W12 is creating a decentralized infrastructure in which parties do not need to trust each other. The protocol uses blockchain technology to ensure the transparency and addressability of transactions, smart contracts and oracles to ensure the control of implementation of the main stages of the roadmap by the project. The W12 solution also includes mechanism for DAO creation and a platform that allows projects to raise funds via Token Sales without initial costs or special technical knowledge.
Such solution protects any fund contributor from intentional SCAM and unintentional failure, consequently brings trust and transparency between projects and token buyers.
The fundraising campaign may be of any type: Charity, ICO – both utility and security, Crowdfunding and any other crowd sourced fundraise and governance.
Fundraisers set up a DAO, publish a roadmap and work in according to it. The Oracles or community of token buyers check if the campaign is reaching the milestones and release funds in tranches, only when the milestones are met.
The W12 protocol is designed to be easily integrated into any existing business, platform or organization. Inside of W12 ecosystem any of the parties can easily set up a DAO of the required type: contributor, receiver, fund or supplier. In addition, W12 provides a token sale platform, through which projects can sell their tokens and easily launch fundraising campaigns based on the W12 protocol.
The Mission
To create an environment and decentralized infrastructure, where trust between the parties, which are not necessary in any type of transaction, and all disputable issues can be resolved quickly, transparently and rightfully.
The Vision
To become the largest global platform that will change the established centralized ways of raising funds, which are currently limited to geographic and political frameworks. Provide every investor in the world with a decentralized solution that will create a global world future.
The Problems
SCAM or fraud;
High risks of transferring funds to projects at the early stage;
The lack of a mechanism for protecting crowd ICO investors and participants in charitable projects;
Lack of transparency and high costs when implementing charitable projects.
The Solution
They have built smart contracts that release ICO funds to the project only following the decision of its token buyers once the project meets its milestones.
This solution improves returns, because it is protects token buyers from around 96% of projects that never reach any milestones.
The Advantages
Enhances the yield of the initial phase of the project investment more than ten times through the purchase of tokens and reduce risk for investors.
Returns up to 95% of funds invested in unrealized projects to investors.
Provides the possibility to limit the sale of tokens by investors at the initial stage of the exchange immediately after the
ICO to prevent the decline in the price of the token (when the project activates the Token Hold function).
Simplify the choice of private investor projects and transfer funds to trust management professionals.
Allows projects to quickly attract financing without initial costs or any special technical expertise.
Creates infrastructure for the decentralization of capital and establishes a new standard for safe investment in projects.
Token Distribution
Token lockup period:
The tokens are frozen by a smart contract for 2 years with the possibility of issuing no more than 1/3 of this per year to:
Team, advisers, founders
Reserve fund
Early long-term investors
Token Price
1 W12 = 0,00035 ETH. Discounts apply depending on the date of purchase.
Accepted forms of payment
ETH, LTC, BTC
Token Transfer:
W12 tokens will be transferred to customers through a smart contract after the end of each ICO stage. You can view the received tokens and confirmations of transactions in your account immediately after purchase.
Token Emission
Limited to 400 million tokens. Neither mining, nor any other method that allows for an increase in the number of W12 tokens can be applied.
Hard Cap
The Hard cap is set in the number of tokens on each round of the token sale
Crowd sale
Start
November 1, 2018 (15:00 Greenwich Mean Time Zone)
End date
December 12, 2018 or when hard cap is reached (whichever is earliest)
Token Price
0,00035 ETH
Token Details
Token - W12
Platform - Ethereum
Type - ERC20
PreICO price - 1 W12 = 0.0002625 ETH
Price in ICO - 1 W12 = 0.00035 ETH
BONUS
Pre-sale 33-20%
Crowdsale 15-0%
Tokens for sale 240,000,000
Investment Details
Min. investment 1.5 ETH
Accepting LTC, BTC, ETH
Distributed in ICO 60%
Hard cap 22500 ETH
Register here: https://tokensale.w12.io/#signup
ICO Market Development Vision
Despite the fact that the ICO market is growing so rapidly today, there is still no easy way to buy tokens at the ICO stage of a project without significant risks. At the same time, the cost of raising funds for projects is increasing; with considerable costs going to marketing, hiring consultants, and financing technical assistance, which has a high negative impact on their implementation.
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
Be a part of this project and follow these links for more information;
Website: https://tokensale.w12.io
WhitePaper: https://tokensale.w12.io/W12-ru .pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3220425.new#new
Facebook: https://www.facebook.com/w12.io
Twitter: https://twitter.com/w12_io
Telegram: https://t.me/w12io
Author
nugezmils
BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621