W12.io PROJECT ((ICO 2018))-THE BLOCKCHAIN PROTOCOL

dprince2281 (5)in #dprince2281 • 6 years ago

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I welcome you all once again to this Wonderful CRYPTOCURRENCY NETWORK BLOG, as usual ! all of you know's, I always carry you along with any information about good crypto related projects through my blog.

A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. Smart contracts were first proposed by Nick Szabo, who coined the term, in 1994.

Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or both. The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting. Various cryptocurrencies have implemented types of smart contracts.

With the present implementations, based on blockchains, "smart contract" is mostly used more specifically in the sense of general purpose computation that takes place on a blockchain or distributed ledger. In this interpretation, used for example by the Ethereum Foundation or IBM, a smart contract is not necessarily related to the classical concept of a contract, but can be any kind of computer program.

In 2018, a US Senate report said: "While smart contracts might sound new, the concept is rooted in basic contract law. Usually, the judicial system adjudicates contractual disputes and enforces terms, but it is also common to have another arbitration method, especially for international transactions. With smart contracts, a program enforces the contract built into the code.

Now! let go to full details of todays article,

In reference with the motion of this article, Today! I will be presenting you a particular Incomparable and Undisputed project called: W12.io

WHAT IS W12.io?

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W12.io Blockchain protocol 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.

ABOUT W12.io

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.

BENEFITS OF W12.io

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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.

EXPLANATION VIDEO

W12.io TEAM & ADVISORS BOARD

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W12.io PARTNERS

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W12.io ROADMAP

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W12.io ICO ANALYSIS

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The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the W12.io PLATFORM

W12 Token Accumulation With the massive implementation of the W12 solution, the catalyst for capitalization growth will be the accumulative model and accumulation of the token in digital contracts during the life cycle of the project. W12 is a backup token for the W12 digital contracts, and it is used to store the funds raised by projects. Projects independently choose in which cryptocurrency raised funds will be stored. The more W12 tokens used to store funds the lower the platform commission the project pays. By offering a high proportion via W12 digital contracts, projects have a better chance of raising their required funds due to the security they offer to the token buyers. W12 tokens allow users to buy the tokens of any ICO project listed on the W12 platform. The token will be used in protocol for creation and execution peer-to-peer digital contracts. The token will be used as fuel in decentralized oracle network. Customers will need W12 token to reward oracles. Oracles will need to stack W12 tokens to confirm execution of digital contracts and receive rewards from the network

W12.io TOKEN ANALYSIS

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