WIENCHAIN A Global decentralized autonomous organization

Wienchain is an open business and incubation ecosystem on the Blockchain. It is designed as a low friction protocol everyone can build on. Entrepreneurs, freelancers, and teams can establish and run their businesses on Wienchain. Businesses are incentivized as they can participate in an open, public funding and proposal system. Anyone can pitch their ideas and ask for funds in the form of WIEN coins to realize it, but they have to decide what to ask for and what to give back in return.
Wienchain is a platform for entrepreneurs, freelancers and all owners of ready-made business solutions who wholeheartedly want to implement modern blockchain technology in their internal and external processes. But due to the lack of necessary technical and financial data, they cannot afford it. And with Wienchain, this whole process is not only feasible, but also entails many other pleasant reasons. Starting with saving resources, ending with pleasant rewards.

ADVANTAGE OF WIECHAIN

That is, if you have some cool idea that requires modern decentralized blockchain technology, then you can easily voice your idea by sending this proposal to The wienchain proposal system. Then get feedback on the idea from the Wienchain community itself, which will be held in the form of a vote of participants. And then get either partial (step-by-step) or continuous funding for your startup. As you can see, the chain of logical actions is quite simple. Therefore, each of us can deal with it.

The advantages of Wienchain do not end there. On the contrary, for all its supporters who decided to take a direct part in the development of the ecosystem itself, becoming a miner or a masternode, the developers have prepared a lot of pleasant things. Namely, all possible rewards and available levels of authority that allow you to directly ensure the security of the network, as well as make decisions in the distribution of funds and support of all transactions.

How DAOs work
At first, Bitcoin was viewed as the first ever completely utilitarian DAO, as it has a pre-modified arrangement of rules, works independently and is facilitated through an appropriated agreement convention. From that point forward, the utilization of savvy contracts was empowered on the Ethereum stage, which brought the formation of DAOs closer to the overall population and molded their present look.

However, what does a DAO should be completely operational? Above all else, a lot of rules as per which it will work. Those guidelines are encoded as a brilliant agreement, which is basically a PC program, that self-sufficiently exists on the Internet, and yet it needs individuals to perform task that it can't do without anyone else.

When the standards are built up, a DAO enters a financing stage. This is a significant part for two reasons. Right off the bat, a DAO must have an interior property, tokens that can be spent by the association or used to compensate certain exercises inside it. Besides, by putting resources into a DAO, clients get casting a ballot rights and thusly the capacity to impact the manner in which it works.

Wienchain is a DAO that provides businesses, specialists and team with a wide assortment of advantages and administrations to assist them with developing their ventures. Financing, advertising and security are only a portion of the advantages gave to organizations that are a piece of the Wienchain biological system. Wienchain is an open business and brooding biological system on the Blockchain. It is planned as a low rubbing convention everybody can expand on. Business visionaries, consultants, and groups can build up and maintain their organizations on Wienchain.

Businesses are boosted as they can take an interest in an open, open subsidizing and proposition framework. Anybody can test out their thoughts and request assets as WIEN coins to acknowledge it, however they need to choose what to request and what to give back consequently.

The general preferred position of a DAO is that it endeavors to understand issues that are implanted in the working frameworks of conventional top-down associations and corporate elements. These issues are for the most part with respect to the administration of associations, and a DAO can resolve that by setting up a self-sufficient structure.

ROADMAP TIMELINE

17th March 2020
Mainnet, Github and public mining

25th March 2020
Initial listing on WenX

June 2020
Simple assets issuance function is now available in wallet.wienchain.com/tools/issue asset

5th June 2020
Wien can now be used to play blockchain game, Winbits

June 2020
Listed on Feixiahao and MyToken.

21st June 2020
1.2 million transaction

Q4 2020
Technical improvement and fix bugs

2021
Governance system testnet

CONCLUSION

That is, the layer of information that I told you about is not all that is in Wienchain. Therefore, to study all its aspects in more detail, I invite you to look at the expanses of official social resources from the project itself. Where you in one way or another will get the most detailed answer to any of your questions.

About project

OFFICIAL WEBSITE : https://wienchain.com
TELEGRAM : https://t.me/wienchain_dao
INSTAGRAM : https://www.instagram.com/wienchain_dao
FACEBOOK : https://www.facebook.com/wienchainincubationdao
WENXPRO : https://www.wenxpro.com

Author:

Forum Username: amnakhan2020
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2749328