W12 - Smart Contact Technology For Every BusinesssteemCreated with Sketch.

in #blockchain6 years ago

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In the recent years the investment sector has turned upside down. Earlier, only large investors and entrepreneurs are only allowed to invest in the projects/startups. But now anyone can be an investor. Due to the introduction of new fund raising method called ICO (Initial Coin Offering). Today most of the projects/startups began raising the funds required to develope their project through ICO's.

ICO's provide very easiest way to raise the funds, it is cost effective and required no other permissions. It provides easiest way for ordinary people to become an Investor. In 2017 the craze of ICO has started, many people who invested in the ICO's got huge profits in just few months. This attracts more people to invest in other ICO's. People are just began investing without checking the core fundamental aspects of the project. During the period many fake/scam ICO's also emerged, whose main intention is to steal the people's money. And it happened as well, for example Bitconnect scam.

But now thanks to W12 ICO project, it is here to protect the investors from getting scam/fraud from ICO investments.
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Project objective

The main aim of the W12 project is to protect investors from scam ICO investments by the creation of a decentralized infrastructure. W12's decentralized solution protocol protect user's investment from intentional scam or unintentional failure of the project, it resolves any dispute between the parties very transparently, quickly at minimum cost. It creates a trust between project and token buyers.
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Problems

Despite the ICO trend today, the present market has many challenges. According to a research report there are many fundamental problems exist for both investors and project founders.

Many projects intentionally turned into a scam and many other projects unintentionally failed to reach project's goal. In both the cases investors lose their investments. According to a global statistics report 90% of the early invested projects die before reaching their milestones.

And even with the ICO's, many ICO project founders who doesn't have any entrepreneurial
experience, raised lot of funds. The founders who has entrepreneurial experience, the large amount of raised money made them relax. This slowed down the project's development. And according to a recent report, 90% of the ICO projects even after a year of raising funds doesn't developed any working product.

Another reason is, most of the project's token price drops below the ICO price after listing on the exchanges. The main reason for this is, most of the ICO projects unevenly distribute too many tokens to bounty hunters, advisors and for airdrop. Thus as soon as the project lists on the exchange they dump the coin and eventually the price of the token collapses. As a result the investors came in lose.

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The problem lies with investors also, because they check the project on their own, they don't have any technical knowledge required to check the project's commitments/workings. In a rush to make profit, investors simply make investments by crossing their fingers, which ultimately leads to huge losses.

Project founders also need to be very careful about the security, because if any theft/hacking attack happens they will lose their entire funds which results in the collapse of entire project's development.
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W12 Solution

W12 project solves the above problems by the creation of decentralized protocols, smart contracts, DAO management mechanism and decentralized Oracle network which verifies the execution of project roadmap milestones. W12's system of algorithms protect investors from fraud/scam ICO's, so that their invested funds are safe. W12 protocol reduces the risk of loss on the invested funds upto 99.9% .Thus there will be no scam or fraudulent projects on the platform.

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W12's decentralized protocol solution provides trust between investors and project founders. W12 solves any dispute between them very quickly, transparently any at very minimum cost.

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The decentralized Oracle network developed by W12 confirms and verifies the execution of project roadmap milestones.

The fund raised by the ICO is not immediately allocated to project founders. Instead it will be distributed in tranches. Each tranche corresponds to KPI, which the project must reach/achieve to get the next tranche. If the project not functioning according to the roadmap or not even reaching the milestones then investors can decide whether to allocate further investment funds to the project or to return the remaining funds back to investors.

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On the W12 platform, a highly qualified professional experts review the project details and if they found anything illegal then they warn investors about the potential risk about the particular project. Trust management also present on the W12 platform. Experts manage certain percentage of investors portfolios and help them in diversification.

The W12 protocols solution can be easily integrated into existing businesses. Thus all the fundraising campaigns such as ICO, charity, digital projects, crowdfunding and other projects can be secured with W12 protocol solution. So that investors can invest with mind free.

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ICO details

• Token Ticker: W12
• Platform: ERC20
• Hardcap: 30.000 ETH
• Price: 1 W12 = 0.00035 ETH
• Accepted currencies: BTC, LTC, ETH, BCH, ETC, ADA, XLM

Token distribution

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Team

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Conclusion

W12 protocol is a game changer, which protects our money from scam Investments. Blockchain and decentralization improves trust and transparency. The decentralized Oracle controls the project milestones, which helps to decide the further allocation of investor funds. With W12, user's funds are completely safe and secure. And users can invest with mind free. It is a very promising project to invest.

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Learn more about W12:
Website: https://tokensale.w12.io
Read Whitepaper: https://tokensale.w12.io/W12-en.pdf
ANN thread: https://bitcointalk.org/index.php?topic=3220425.0
Telegram: https://t.me/w12io
Facebook: https://www.facebook.com/w12.io/
Twitter: https://www.facebook.com/w12.io/
LinkedIn: https://www.linkedin.com/company/w12io/
Medium: https://medium.com/@w12_io
GitHub: https://github.com/w12-platform

About Author:
Bitcointalk username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d

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