ICO W12 - Smart contract technology for business
Over the past couple of years, the world of investment has literally turned upside down. If earlier investment in technological entrepreneurship was available only to funds and large private investors, now any person can be an investor. As in any novice industry, crypto investments are inherent problems. They are like those who raise funds and have those funds invested. The W12 startup team is aimed at removing a significant layer of such problems by creating A blockchain marketplace of ICO projects with a phased investment, and today we will talk about the ICO of this project.
Problem
Despite the ICO boom, there are many challenges in this market. The W12 project team conducted a study on the methodology of Customer development (innovative market research methodology) and identified a number of problems, both for investors and project founders.
If the project turns out to be a Scam or for other reasons can not return dividends, investors lose their deposits. According to international statistics, 90% of invested projects die before they reach the break-even point.
As for the ICO, many experts say that most of them are a Scam when the founders did not even intend to implement the project. Or they raised funds, but on the HYIP, having absolutely no experience in entrepreneurship. Even if the founders have entrepreneurial experience, then a lot of money relaxes them, and they spend it not as effectively as presented in the reports. Development is late and market penetration is slowing down.
Also, the problem is the drop in the price of tokens when entering the exchange. This is because too many tokens are distributed for any services. To develop, in bounty, advisers, airdrop, etc. In addition, the distribution process is not organized correctly. Therefore, when entering the exchange there is a dump and a collapse in the price of the token. As a result, depositors lose their money. In many cases, the price rises and many times exceeds the original over time, but this happens less and less.
Of course, it should be noted the inexperience of investors. They evaluate projects on their own, without having experience and not knowing what to pay attention to. This strategy "finger in the sky" is increasingly leading to losses.
The founders of ICO projects also have problems. First of all, it is a high barrier of entry. If at the dawn of ICO investment it was enough to make a post on Bitcointalk, and the project could raise investments, now marketing can be up to 20-30%. The second most important problem is security. It is necessary to be very careful that the funds are not stolen or stolen part of the funds using phishing links and programs.
Decision
W12 solves these problems by creating a platform for interaction between investors and ICO projects. W12 is an algorithm that reduces the risk of loss of invested funds to 99.9%. Thanks to him, there are practically no fraudulent projects on the platform. Everything is built on transparency and automated reporting.
The raised funds are allocated to the project not immediately, but in tranches.
Each tranche corresponds to the KPI, which the project must achieve to get the next tranche. If there are deviations from the roadmap, investors can decide whether to allocate further investments to the project or return the remaining funds back to investors.
On the W12 platform, a significant role will be given to experts who will warn depositors about the risks they see in a particular project. Trust management will also be available. Experts for a certain percentage will manage the portfolio of investors, engage in its diversification.
Project team
ICO
- The name of the token: W12
- Smartcontract: Ethereum ERC-20
- ICO start: July 27, 2018
- End of ICO: 27 September 2018
- Hard Cap: 30 000 ETH
- Price: 1 W12 = 0,00035 ETH
- Investments are accepted: LTC, BTC, ETH
The distribution of tokens is as follows:
Summary
The relevance of W12 is ripe. It is a great idea to invest projects in stages, and in case of discrepancy to return the investment. The project is well received by the community, as evidenced by the high ratings in the ICO listings.
Official resources of the W12 project:
WEBSITE: https://tokensale.w12.io
TELEGRAM: https://t.me/w12io
WHITEPAPER: https://tokensale.w12.io/W12-en.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=3220425.0
FACEBOOK: https://www.facebook.com/w12.io/
TWITTER: https://www.facebook.com/w12.io/
REDDIT: https://www.reddit.com/user/W12io/
MEDIUM: https://medium.com/@w12_io
LINKEDIN: https://www.linkedin.com/company/w12io/
GITHUB: https://github.com/w12-platform
AUTHORSHIP:
MY BITCOINTALK USERNAME: klimenok1991
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1238493
It's such a precarious time for the unsuspecting public. There are bound to be opportunities alongside the inevitable flops.
Www.Scambuster.TV
The W12 blockchain Protocol allows investors to raise funds through smart contracts only after the stage has been completed on the road map. Implementation of the stage is confirmed by voting of investors. Now all the benches will go over the beard. I'm in.
You got a 5.16% upvote from @upme thanks to @sergeyklimenok! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).
As always available written, more would be such reviews, then less time would have to spend on their search.
This is a masaive issue. Working in financial services, I can attest, that all is not well with contracts, and the system is doomed to collapse.
Problem being, that contracts are not enforceable, leaving the claimants making defective claims in the courts.
Ie, court order scams www.Scambuster.TV
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STOPTo support your work, I also upvoted your post!
It is very good that the platform will return up to 95% of the funds that investors invest in unrealized projects, this is a top project. I will buy tokens until they become more expensive.
Great team!
The ability to buy tokens of ICO projects and return your funds if the project turned out to be a fraud or did not fulfill its obligations, is the dream of every investor!
Our team is working for you and your post.