AN ABSTRACT IDEA

The basic protocol

W12 is an open protocol for creating various types of DAOs. The very protocol has smart contracts, the entire DAO managing mechanism, and a rather decentralized oracle network that control the execution of the milestones in the project roadmap. This solution helps to protect users from intentional SCAM or unintentional failure of projects, lessen risks and bills, build transparency and reliability between assignments and small potential buyers. The basic fundraising campaign can actually be of any sort: Good cause and other Social projects, ICO, Crowdfunding activities and any other masses taken fundraising and governance. W12 is normally creating a decentralized infrastructure in which relationships between the parties are normally not really required, and any differences can come to be resolved quickly, transparently and at bare minimum costs. The T12 protocol is certainly crafted to become conveniently included in an existing business or answer. In addition, T12 gives its personnel system for advertising tokens with a user-friendly interface, through which tasks can easily attract cash employing the system protocol.

The missions are to create a proper environment and a very decentralized infrastructure where mutual trust between both parties is not very important in any type of offer, and all controversial issues can be resolved quickly, transparently and rightfully. To turn into the major global program that will change the set up centralized techniques of attracting money, that are currently limited by physical and political frameworks. To provide every investor in the environment with a decentralized option that will set up a global universe potential. It is really hard (or impossible) to sufficiently explain the selling price curve of a utility token. In purchase to produce a selling price prediction, one should consider the goals of the small owners, miners, the users of the program and other categories, that interact with the system. As construction such a version is often a difficult process, small purchasers depend on the job developing workforce to do the job is based on the roadmap.

2017 has shown, that ICO cannot survive in its current condition. Great level of scam and inability helped bring the” wisest blockchain” persons to a thought of a crowd managed ICO method. Vitalik Buterin recommended the thought of a DAICO. Although at the point in time of letting go it was full of flaws, the standard thought of following the release of funds and decentralized control over them possesses observed support in the crypto community.

Protocol solutions

In near future, W12 wishes to get started on using this specific technology for the Crowdfunding and Charity industries, which currently are affected from a shortage of the trust between funders and jobs in their early staging. Presently, token purchasers hold significant risks when participating in crowdfunding.

T12 creates a system in which the parties carry out not really have to relationships each other, the negotiation of disputes develops quicker, considerably more transparent and at a lower cost, offering a wide variety of users with convenient gain access to to the benefits associated with blockchain technology. At W12 we happen to be creating a bridge between the crypto sector and the traditional economy by adding our remedy into actual businesses. The W12 answer permits to reexamine the part of the express as an arbiter in relations between celebrations and reduce the portion of this burden from specific companies, switching it to original agreements and self-regulated decentralized businesses. The guidelines of the Watts12 answer makes the basis for a new decentralized digital market and is normally likely to have an impact on some classic monetary and civil-law corporations in the immediately foreseeable future. These are the basic solutions provided by the ICO.

Team

Website: https://tokensale.w12.io/?utm_source=bounty&utm_medium=bitcointalk&utm_campaign=blog
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/W12BountyChat
ANN thread: https://bitcointalk.org/index.php?topic=3220425

Bitcointalk Username: BigCookie
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2316008
ETH Wallet: 0xb116fd1969a67a0CC2aC6f733a603972c120BB62

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