W12 is an open up protocol for creating various types of DAOs. The contract contains wise agreements, the DAO administration mechanism, and a decentralized oracle network that control the delivery of the milestones in task roadmap.
This solution protects users from intentional SCAM or unintentional failure of projects, reduce expenses and risks, and create trust and transparency among tasks and symbol customers.
To become the most significant global system that will modification the traditional centralized methods of attracting finance that is small by geographical and political frameworks presently. To offer every investor in the worldwide globe with a
For example:
• Task name: ABC project
• The name of the initial symbol of the task: ABC
• Name of the guaranteed W-token responsibility: ABC-W
The work fills the roadmap on the W12 system, sets the settings for the % and amount of funds required for every stage.
The function produces ABC tokens on the W12 system or transfers some of the ABC tokens released independently to the sensible agreement address of the W12 protocol blockchain
The W12 blockchain protocol creates ABC-W tokens in the quantity of ABC tokens received.
Users transfer money to smart-contract address and collect ABC-W tokens.
The money is kept in the task DAO finance (original agreement) and is released to the work to put into action the roadmap levels.
By purchasing also ABC W tokens the consumer can:
Exchange ABC W bridal party to ABC bridal party via W12 token changer and, if preferred, sell ABC bridal party on exchange (the task may establish a period of icing during which this exchange is usually restricted).
Exchange ABC W bridal party for their have money staying in the task finance. The conditions of transfer vary based on the kind of DAO.
Issue:
• SCAM
Considerable dangers included in trading in tasks at the early levels. The absence of infrastructure for basic, dependable summary of agreements and their delivery.
• There usually is zero decentralized infrastructure making sure that the deal will end up being performed based on the accomplishment of the primary milestones of its roadmap by the task.
• Regarding the study, just 3, 8% of ICOs that completed their Symbol Product sales are effectively trading
We have built sensible agreements that launch ICO money to the task just following the decision of its symbol customers once the task matches its milestones.
Nonprofit charities Marketplace:
- Complications:
• Lack of transparency
• Up to 60% of the youthful era admits that openness affects their decision to donate.
• Intrusive nonprofit charities advertisement Expensive admin costs
• Great advertising in advance costs and account transfer commissions produce smaller sized charities challenging to maintain
• A regular issue from those who are ready to donate.
Thanks a lot for the W12 protocol, any ongoing party may create DAO Company of the type they want, collection up it is a roadmap and determine the use of money. Each person shall become capable of monitoring and controlling money, and evaluate the influence of the contribution.
This solution considerably reduces administrative and marketing costs and allows raising more funds for charity and socially meaningful projects.
Symbol info:
Symbol name: W12 Token
Symbol image: W12
Symbol owner: W12 Pte. Ltd.
Symbol type: Ethereum ERC20
Symbol cost: 1 W12 = 0.00035 ETH.
Recognized kind of payment: ETH, LTC, BTC, BCH, ETC, ADA, XLM
Symbol transfer: W12 bridal party will end up being moved to clients instantly after getting confirmation of payment
Symbol concern: limited to 400 million bridal parties. Neither mining nor any additional technique can be utilized to raise the small source.
Hard Cover: the amount of bridal party per symbol sale circular is usually limited.
For more information about the investment projects please visit:
Website : https://tokensale.w12.io
White paper :https://tokensale.w12.io/W12-en.pdf
Telegram(channel): https://t.me/w12_io
Telegram(chat) :https://t.me/w12io
BItcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1519159
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