W12 - A Peer-to-Peer Digital Contract System
The W12 solution is a tenfold improvement over existing centralized analogues, offering the market a transactional model with a commission of just 0.5% (instead of 4-20%) which can be integrated with existing platforms and enterprises on each available market. For the effective implementation of this solution in the traditional economy, the team will launch its own blockchain based on the proof-of-authority consensus with the ability to guarantee the privacy of contracts signed by the parties, the low cost of executing digital contracts and the storage of data in the blockchain. In addition to this, W12 provides a decentralized oracle network, audited and trusted stable coin, and a protocol allowing users to create peer-to-peer digital contracts. The W12 solution allows us to reconsider the role of the state as an arbiter in relations between parties and to relieve part of this capacity from state institutions, shifting it to peer-to-peer digital contracts and self-regulated decentralized organizations, thus creating the basis for building a decentralized digital economy.
How it works
1. The project fills in the roadmap on the W12 platform, specifies the settings and % of funds required for each stage.
2. The project issues ABC tokens on the W12 platform or transfers a portion of the token issue, issued independently, to the smart contract contractual address of the W12 protocol.
3. W12 blockchain protocol releases ABC-W tokens in the number of ABC tokens it receives.
4. The W12 platform user buys ABC-W tokens.
5. The funds are stored in the project fund (smart contract) and are issued to the project after reaching stages of roadmap
Problems we solve
- Scam
- High risks of losing funds in a early stage of ICO investments.
We offer a completely new model for allocating funds to projects. For each ICO project on the platform, we create special W-tokens that backed by funds of token buyers. W-tokems can be exchanged at any time for the simple ICO project tokens or used to return unspent funds according to the project's road map.
W12 mission is to creates infrastructure for the decentralization of capital and establishes a new standard for safe investment in projects globally.
For teams and entrepreneurs W12 created marketplace, blockchain protocol and automated smart-contracts. In its turn, the W12 platform provides projects with the opportunity of raising funds by creating an environment in which the path from an idea to a profitable business would be as short as possible.
So if you can built product and technology with additional value and high level of impact you can launch ICO in W12 platform and raise funds in a matter of hours from any place of the planet. Project can also allocate with W12 any percent of its tokens, use W12 platform as full or just additional source of fundraising and attract any needed amount on one's own.
W12 token is used for storage raised funds on the platfrom and paid services inside of W12 ecosystem. 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. We do not provide large discounts, but have additional advantges for our early token buyers.
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 for the investor. At the same time, the cost of raising funds for projects is increasing; considerable costs goes to the marketing, consultants, and technical assistance of ICO conducting, which has a high negative impact on their implementation.
One of the main ideas blockchain philosophy is based upon is that of the establishment of trust between entities through smart contracts and of intermediary elimination. However, the relationship between ICO projects and investors is still not exactly the kind.
We set out to create a blockchain-based infrastructural solution for the decentralization of capital around the world. The W12 technology would create trusting conditions between projects and investors, would not skip projects but increase profitability, reduce risks for investors and provide an opportunity for thousands of gifted entrepreneurs from anywhere in the world to realise their projects.
Detail W12 Token Sale
The token is a utility token that is on the ERC20 standard making it easy for users to integrate it into their wallet. The token gives the users rights to become part of the W12 community. They will also have an opportunity to take part in closed events and invest in the projects that are on the platform. Additionally, the W12 tokens will be used in the smart ICO protocol to store the funds that are raised by the projects.
Token name: W12 Token
Token symbol: W12
Token owner: W12 Pte. Ltd.
Token type: Ethereum ERC20
Token price: 1 W12 = 0.00035 ETH. Discounts apply depending on the date of purchase. (on Pre-ICO 1 W12 = 0,0002625 ETH)
Accepted form of payment: ETH, LTC, BTC, BCH, ETC, ADA, XLM
Token transfer: W12 tokens will be transferred to customers through a smart contract immediately after receiving a confirmation of payment.
Issue of tokens: limited by 400 million tokens. Tokens for Sale 240 million. Either mining or any other method that allows increasing the number of W12 tokens will not be applied.
Hard Cap: the number of tokens per round of token sale is limited
Summary
W12 is a new generation platform for a secure ICO in which investors gain full control over the funds raised by projects. Here, projects can attract financing without any costs or particular technical expertise.
For more information, please visit the link below:
Author: safazara
Website : https://tokensale.w12.io/
Whitepaper : https://tokensale.w12.io/W12-en.pdf
Facebook : https://www.facebook.com/w12.io/
Twitter : https://twitter.com/w12_io
Telegram: https://t.me/w12io
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Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1783327