W12.io - Blockchain Protocol

What is W12?

W12 - is an open protocol for creation and execution of milestone based smart contracts. The protocol consists of smart contract templates (no programming skills required), DAO governance and a decentralized oracles network, that controls execution of the project roadmap.

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.

So if you can build product and technology with additional value and high level of impact, you can launch ICO in the W12 platform and raise funds in a matter of hours from any place of the planet.
W12 advantages:

Enhances early-stage project investment yield more than tenfold through the purchase of tokens and reduces risks for investors.

Refunds up to 95% of funds invested in unrealized project to investors.

Provides the possibility of limiting the sale of tokens by early-stage investors on exchanges immediately after an ICO to prevent token price drops (when the project activates the Token Hold function).

Simplifies the private investors’ choice of projects and the transfer of 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.

W12 Token Economy

The W12 token is standard for funding projects via W12 protocol and decentralized organizations, Projects independently choose in which cryptocurrency the raised funds will be stored in. The more W12 tokens are used, the lower the service commission the project pays;

For example: if project funding is not less than 50% in W12 tokens — the commission is 0/30% — the commission is 6%/0% — the commission is 10%;

W12 tokens allow users to buy the tokens of any project listed on the W12 platform;
The token will be used as fuel in the decentralized oracle network;
W12 tokens are used to reward oracles. Oracles will need W12 tokens in staсks to confirm transaction in network and the execution of milestones and receive rewards from the network.

Advantages for participating in the W12 ICO

When purchasing tokens during the ICO, you get a premium expert account, which grants you the ability to receive tokens from hundreds of other ICO projects that have launched their ICOs on the W12 Platform.

Accounts are valid for 2 years. After this period, it will be possible to prolong the premium membership. 50% of the commission paid in each project's tokens for holding their ICOs on the platform will be distributed among premium accounts. In order to receive tokens from ICO projects, premium account holders must rate the project in their personal accounts on the W12 Platform.

The table shows the total number of premium accounts available. If there are no more available premium accounts in any category, the corresponding column will not be shown in the table.

The number of tokens you receive changes depending on the account level. For example, having a Gold account grants you the right to receive 10 times more tokens than a Bronze account.

Terms and conditions for additional bonuses

Detailed information about the project:

Website: https://www.W12.io/
ANN thread: https://bitcointalk.org/index.php?topic=3220425.0
Whitepaper: https://tokensale.w12.io/W12-en.pdf
Twitter: https://twitter.com/w12_io
Telegram: https://t.me/w12_io
Facebook: https://www.facebook.com/w12.io