W12

W12 is an open up protocol for creation various types of DAOs. The protocol contains clever agreements, the DAO administration system, and a decentralized oracle network that control the setup of the milestones in task roadmap. This alternative defends users from deliberate Fraud or unintentional failing of tasks, reduce expenses and risks and create trust and transparency among tasks and token customers.

• The task consultant signs up on W12.fills and io out the required information regarding the task street map, milestones and token sale.

• The task selects one of the pursuing choices: 18 o Giving ERC20 bridal party independently and moving component of these First Bridal party to the Watts12 digital agreements. o Giving First Bridal party via the Watts12 system. In this full case

§ The task also retains the chance to independently sell component of its Initial Bridal party via its very own website or additional resellers;

§ Or the project’s Primary bridal party are offered just via the Watts12 network.

• The task transfers Initial Bridal party to the Watts12 digital agreement address. The task may transfer an extra quantity of First Bridal party for sale on the W12. io in any best period during the token sale period.

• A wise agreement problems the same amount of W-Tokens as the quantity of Primary Bridal party moved by the task to the Watts12 sensible agreement.

• Token customers transfer money to a sensible agreement that markets W-Tokens (ABC-W) and obtain W-Tokens back again to their wallet. The quantity of bought Attached WTokens is definitely motivated structured on the quantity of money moved. Each task unit’s prices and special discounts for its bridal party. The task can established a lower price based on both the time and the quantity of bridal party bought. The cost of W-Tokens is definitely generally equivalent the cost of Unique Bridal party.

• The token purchasers have got two choices: o Exchange W-Tokens to First Bridal party.

The exchange requires transferring Secured W-Tokens to the smart contract address of the W12token-changer.

§ By default, this exchange can be made at any right time.

§ The task can make use of the Token Keep function and established a lock-up period depending on the supplied special discounts. Help to make a repayment (of unspent task money) - if the task will not really deliver. To make a reimbursement, the consumer exchanges W-Tokens to the Task finance and gets money to his/her wallet. This quantity is normally similar to their purchase quantity, take away the component of the money that provides been transferred to the task for completing prior milestones already.

• The task can than independently decide what to perform with Unsold First Tokens

First Bridal party leftover in the W12token-changer following refunds have been issued.

The key benefits of token sales via W12solution the primary benefits of the technical implementation of the W12solution is the flexibility, trust and transparency it offers to projects and token buyers:

• The task can concern bridal party independently and sell just component of its bridal party via the Watts12 alternative using our intelligent agreements structured on milestones (for example the task can assign 1%, 2%, 5%, 20% or 100% of its bridal party for sale on Watts12).

• The task can put into action nearly any reasoning for its small sale (by establishing any interval for its sale times, bonuses and discounts, lock-up intervals for early small customers and many others). No coding needed.

• The task can concern bridal party via the Watts12 wise agreements and sell component of its bridal party independently (for example, through personal or via its internet site for the masses)

• Creation of the environment where small customers perform not really want to trust the task group. When small customers make use of Watts12 clever agreements for purchasing tasks bridal party, the united team will execute its road map to receive token buyer’s funds.

• Allows token customers to receive up to 99.9% of their money back if the task will not deliver or transforms out to be a scam.

• Raises comes back in the early phases of ICO involvement Considerably. Provides the likelihood of restricting the sale of bridal party by early-stage small customers on exchanges instantly after the ICO ends, stopping a small cost crash (task must activate the Token Keep function.)

ICO NAMEW12

Website https://tokensale.w12.io/

Twitter https://twitter.com/w12_io

Reddit https://www.reddit.com/user/W12io/

Linkedin https://www.linkedin.com/company/w12io/

Whitepaper https://tokensale.w12.io/W12-en.pdfAuthor

profile link https://bitcointalk.org/index.php?action=profile;u=2410389