BLOCK CHAIN EXPRESSION
What is W12?
Intelligent Contract
Oracle
platform
W12 creates a redistributed infrastructure during which the parties don't ought to trust one another.
The protocol uses blockchain technology to make sure transparency and group action financial condition, intelligent contracts and oracles offer management over the implementation of project milestones. The W12 answer additionally includes a platform that permits comes to boost cash by commercialism tokens while not the necessity for any price or specialised technical data.
Main marketplace for integration
ICO SECURITY
Forecast:
$ 0.7 Billion in 2018
(Safety Token)
ICO Facilities
Prediction:
USD sixteen Billion by 2018
(Token Utilities)
COMMUNITY FUND
Prediction:
$ fifty Billion in 2018
(Token Products)
Chair
prediction:
$ 733 billion in 2018
(charity token)
Market confirmation
96.2% of
the ICO in 2017
risky or fallacious
40% of
the money spent on the transfer
and the price of internal charity
business model
We have a trade model. The project doesn't ought to have any initial prices.
The additional W12 tokens utilized in transactions, the lower the commission.
Commission-based marketplace for integration and project settings. For additional data, see W12 written report.
Which downside will we solve?
- FLAGS or fraud;
- High risk of cash being transferred to comes at associate degree early stage;
- the dearth of safeguards for ICO investors and community participants in charitable projects;
- Lack of transparency and prices within the implementation of charitable projects;
ICO MARKET
According to Satis analysis, about $ 5.67 billion has been endowed in fraud cases associate degreed unsuccessful comes at an early stage.
The largest island project has purloined $ 660 million in Vietnam
success
More than five hundredth of the money of a charity can't reach the recipient
12.5% - worker coaching
12.5% - body prices
25% - selling
50% - Current Charity
application
Case 1. ICO Market & Community Mobilization
We need to make a older ICO Generation a pair of.0. one thing just like the good contract of the W12 is certainly required. A system to shop for associate degree ICO token guarantees a refund if comes don't reach their milestones
ICELAND EDITION
A high risk is to speculate in comes ahead of time. the dearth of infrastructure offers an easy, reliable conclusion to the contracts and their implementation.
No redistributed infrastructure ensures that the contract is formed keen about the action of necessary milestones within the project roadmap.
According to the study, only 3.8% of ICOs completed their token sales because the group action was in
Solution
We have developed intelligent contracts that solely unleash ICO funds for the project
At the buyer's call purpose once the project reaches its milestones.
This answer improves profitableness by protective the token purchaser from regarding ninety six of the project
has ne'er reached a major event.
Case 2. Charity
I am terribly excited by the potential of e-money and secret modification, and hope to enhance the means we tend to raise cash for an honest cause.
PROBLEMS OF CHARITY MARKET
Lack of transparency
Up to hr of the younger generation
Admit that transparency has a bearing on their donation call.
Infiltration of Charity Ads
Expensive Administration
High-Cost selling and Provision
Makes Charities Less
Difficult to take care of
Am I affected?
A regular question from those who area unit willing to give.
solution
In order to make a clear infrastructure, decentralization, wherever folks will track the utilization of funds is targeted.
W12 because of the protocol, every party also can produce a company DAO kind they have, set the timetable and confirm the utilization of cash to be created. every participant will monitor and management the funds and assess the impact of the donations.
This answer considerably reduces body prices, selling and permits extra cash to boost charitable comes and social importance.
How will it work?
EXAMPLE
Project Name : first rudiment Project
Original token
name of the project: first rudiment The name of the project is W-Token Secure: ABC-W
The project fills the route on the W12 platform and sets quantity|the quantity|the number} and amount settings required for every part.
The W12 first rudiment card provision project or the transfer of variety of first rudiment tokens is free on an individual basis from the W12 protocol open-end credit address.
The Blockchain W12 protocol generates the tokens first rudiment-W within the range of received ABC tokens.
The user transfers the money to the good contract address and receives the ABC-W token.
The funds are going to be keep within the project's DAO Fund (Smart Contract) and allotted to the project to hold out the route phases.
By getting the ABC-W token, users can:
sell group action tokens first rudiment-W with the token ABC through the W12 token conversion and, if desired, the token first rudiment on the mercantilism platform (the project is chilling Set time throughout this transaction).
Transaction token ABC-W for its remaining funds within the project fund. The conditions of the exchange vary betting on the DAO kind.
One of 3 DAO sorts is specific victimisation the W12 protocol
x1
Each token purchaser works severally and severally once selecting the action of milestones or goals.
x12 Major
events area unit confirmed by freelance prophets haphazardly elect from the W12 network.
xN
The implementation of the milestones of the project was confirmed by a fifty one approval of the customer of the project brands. the load of the ballot is proportional to the quantity of noninheritable tokens.
Conclusion
The project will issue complete tokens and sell tokens solely through the DAO and W12 protocols.
This enables the W12 platform to quickly collaborate with an outsized range of comes and gain an outsized market share.
Links to the 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
The author of the article: samarahewasht
Link to the BTT profile: https://bitcointalk.org/index.php?action=profile;u=1305099