W12.io - Blockchain Protocol

W12.io | Blockchain protocol 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.
W12 mission is to minimize risks and increase the profitability of investing in projects at the initial stage globally. In its turn, the W12 platform provides projects with the opportunity of raising funds at no costs and without special technical expertise by creating an environment for projects in which the path from an idea to a profitable business would be as short as possible.

W12 vision is to become the most significant global platform that would change the established centralized project fundraising ways limited to geographical and political frameworks and would give private investors access to the creation of projects based on the new millennium digital economy and to the building of a global future.

KeyW12 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.
The W12 ICO marketplace will give investors an opportunity to choose a new model of staged financing through a smart contract. This scheme is unprofitable primarily for fraudulent ("scam") projects, as it makes it impossible for scammers to obtain all of the funds from investors at once. A roadmap must be implemented to access the cryptocurrency funds. Thus, the W12 model will minimize the risk of losses in ICO projects by up to 95 percent.

Moreover, it is not just a matter of clearing up scams and shutting down a company's website immediately after fundraising, but also about projects that will not be able to implement what was planned in 1-3 years of development and create value in the market. Experts report that up to 98 percent of projects on the ICO market today will never be implemented as their websites, whitepaper and roadmap claim. The value of tokens of such projects will definitely trend to zero in the future.

The system is transparent. ICO token buyers vote "for" or "against" prolonging the investment each time after a stage is implemented in accordance with the roadmap. If an ICO project does not fulfill its obligations, an investor has the right to recover the unused funds and reinvest them in other projects.

The W12 market-financing model solves the main problems of the ICO market – a plethora of scams, low investor confidence in ICO projects, and high risks when buying tokens of projects at an early stage. At the same time, the W12 marketplace provides an opportunity for projects aimed at creating a product and new technologies to raise funds without costs or specialized technical knowledge.

According to statistics, the number of successful ICOs in 2017 decreased from 40 percent in the spring to 5 percent in the winter. The number of companies launching ICOs has reached 752. Competition is growing, while the number of "raw" and fraudulent projects that fail to fulfill their obligations is increasing. Confido, Munchee, PlexCorps and Benebit are just a few of these scammers. Given all this, investors have become very selective when choosing projects.

"Today, for many teams a successful ICO and fund-raising is equated with a successful EXIT from the project. According to this new model, teams will be focused on execution and developing technologies that will create the basis of a new economic era."

• W12 founder, Oleg Sharpaty

An ICO project that opts for a W12 milestones-based financing model earns a high confidence rating and funds for implementation of its product because of the obligation to report for each stage. This is entirely justified, as at the launch of an ICO, token buyers transfer Ethereum, which already has value, to a project in exchange for project tokens that as yet have no value. At this stage, investors only have an expectation that the tokens will achieve a higher value in the future. In W12, these expectations will not only be backed up by words, but also by the project's obligations to token buyers.
For More information Visit:
Website: https://tokensale.w12.io/
Whitepaper: https://tokensale.w12.io/W12-en.pdf
Telegram: https://t.me/w12io
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2326040