brainerdpaul

5 лет назад

W12 BLOCKCHAIN PROTOCOL

As the cryptospace continues to grow and new projects come up on almost a daily basis there is growing need for transparency, accurate information, and evidence on the viability of these projects. Presently, knowledge in the public domain attests that a substantial proportion of blockchain related projects and particularly those that have undergone ICOs have failed. This is attributable to wide range of factors but key among them poor execution of the project and hence failure to meet the goals as outlined in the roadmaps. As such, it has become particularly important for investors to be cautious while making investments in ICOs and cryptocurrencies in general. This is because a large proportion of investors lack the knowledge to dissect projects, analyse teams or even to ascertain the authenticity of the claims made in the white paper. More so, even if these investors have the knowledge and expertise to analyse and make risk assessment for blockchain projects they may lack the time, resources, and in depth research required to make informed decision. On the other hand, there are multiple genuine cryptocurrencies and ICO projects that have viable products, and world class teams that have the ability to execute the vision and deliver revolutionary solutions within the space and this is where W12 comes in as the real deal, they have developed a revolutionary platform which 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.

What is W12?

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.

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.

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.

PROBLEMS W12 SEEKS TO SOLVE

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.

SOLUTIONS PROVIDED

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.

For investors: disrupting the old ICO model W12 creates ecosystem, where ICO investors could buy ICO projects tokens with less risks for them and multiple their profits in average 87x times per period. If the project will not be realized as presented, investors will be able to vote and return unspent funds according to milestones from a project roadmap.

For projects: W12 creates marketplace, blockchain protocol and automated smart-contracts for ICO fundraising without initial costs and special technical knowledge.

This model can transform current ICO market and helps to discover thousands of talented teams and entrepreneurs around the globe.

Advantages Of W12 Platform

Increases return on investment in projects in the initial stages by more than ten times through the purchase of toxins and reduces risks to investors.
Up to 95% of the funds invested in projects not submitted by the investor are reimbursed.
It offers the possibility to limit the sale of tokens by investors of the initial stage on the stock exchanges immediately after the ICO, in order to avoid a symbolic drop in prices (when the project activates the token retention function).
Simplifies the selection of private investors ‘ projects and transfer of funds to trust management professionals.
This allows projects to quickly attract funding without initial costs and technical expertise.
It creates an infrastructure for the decentralization of capital and sets a new standard for safe investment in projects.

How It Works?

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

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

Q4, 2017

Customer development, market research and project development.

Team meeting.

Platform architecture development.

Terms of Reference development and starting the marketplace development.

Q1, 2018

The alpha version of the W12 marketplace.

Terms of Reference development and the W12 blockchain protocol prototype development.

+100 projects will be added to the W12 marketplace.

Creation of project rating system.

Creation of token buyer training scheme.

Creation of landing page for implementing the W12 crowdsale.

Company registration in Singapore.

Start creating the project community.

Q2, 2018

Registering the W12 token buyers as White List participants.

Launching advertising and PR campaigns of marketplace and W12 token sale.

Implementing the Pre-sale of W12 tokens.

Development of the W12 blockchain protocol for issuance and sale of project tokens (with a phased disbursement of funds):

smart card templates for issuing tokens by projects.

DAO project fund with the possibility of voting by the token buyers.

web interface on W12 marketplace for projects to fill in the parameters of their crowdsale.

confirmation blockchain transations service (ETH, LTC, BCH, ETC, ADA, XLM).

Testing of W12 marketplace.

Start of assigning a project rating by the platform users.

Adding new features to the marketplace (Sandbox functionality, services and experts sections, bounty cabinet, further development of the Personal office).

Creation and A/B testing of high-converting landing pages for token buyers and project registration on the platform.

Adding at least 300 projects to the marketplace.

Q2, 2018

Launching and conducting W12 crowdsale.

Listing the tokens on exchanges.

The W12 protocol additional features development:

for selling tokens issued by projects outside the platform.

adding more cryptocurrencies to be used to buy project tokens.

automation tool to deploy smart contracts for the Ethereum blockchain.

Testing of the W12 blockchain protocol.

Audit of the W12 blockchain protocol.

Audit of the W12 platform security system.

Developing additional functionality of W12 marketplace, adding pay services for projects.

Start of developing mobile marketplace application on Android and iOS.

Launching the beta version of W12 marketplace.

Advertising and PR campaigns of W12 marketplace.

Architecture development and Terms of Reference development for an exchange.

Partner agreements with private experts and rating agencies for scoring the platform projects.

Q4, 2018

Launching the development of an exchange to provide liquidity and free token listing for the projects having completed the ICO on the W12 platform.

The first version of mobile marketplace application on Android and iOS.

Launching a fully functional W12 blockchain protocol.

Launching a service for buying ETH for fiat currencies (to further buy project tokens for ETH).

Advertising and PR campaigns of marketplace and mobile application.

Q1 & Q2, 2019

Organization of the series of conferences and events all over the world to attract token buyers and projects.

Adding at least 300 projects to the marketplace.

Launching a service for buying major cryptocurrencies for fiat currencies.

Ongoing development of the exchange and PAMM accounts, adding new functions to the marketplace and the mobile application.o

Launching a scoring system providing the expert’s voting power being determined by the results of his projections and the real increase in the price of the token.

Testing of mobile W12 marketplace applications.

Mobile application security audit.

Release of a full-featured mobile marketplace application.

Signing partner agreements with cryptocurrency exchanges.

Advertising and PR campaigns of marketplace and mobile application.

TEAM