W12.io

Schildhauer

REVIEW OF ICO - W12.io - Blockchain Protocol

What is W12?

W12 creates a decentralized infrastructure where parties do not need to trust each other.

This protocol uses blockchain technology to ensure transparency and transaction addressing, smart contracts, and Oracle to ensure control of project implementation from key milestones. The W12 solution also includes a platform that allows projects to raise funds through token sales without upfront fees or special technical knowledge.

This platform helps guests and business supporters of crypto-financial access for the best results in the future, as a decision to work with managers to prepare the task by entering the ICO market as offering goods and services. like back with development work as a platform for businesses to connect to using platforms because they offer back with ease of management and qualifications to occupy the blockchain work of W12IO platform developers.

Benefits of KeyW12:

Increase the return of the initial phase of project investment more than ten times through purchasing tokens and reducing risk for investors.
Returns up to 95% of funds invested in projects that have not been realized to investors.
Provides the ability to limit the sale of tokens by investors from the initial stage of trading immediately after ICO to avoid lowering the price of tokens (when the project activates the token hold function).
Simplify the choice of project private investors and transfer funds to trust management professionals.
Allows projects to attract financing quickly without any initial costs or special technical expertise.
Creating infrastructure for decentralizing capital and setting new standards for safe investment in projects.

W12 mission:

Create a decentralized environment and infrastructure where trust between

parties are not needed in all types of transactions and all controversial issues can be resolved quickly,

in a transparent and legitimate manner.

W12 Vision:

Become the biggest platform in the world that will change existing centralized methods

to attract funding, which is currently limited by geographical and political framework. stock

every investor in the world with a decentralized solution that will build a global future.

Problem

Today, with rapid technological and internet advances, people can easily get information and even contribute to fundraising such as charity, crowdfunding and ICO. However, the current system still has many shortcomings and has not been able to solve various problems such as:

Possible scam projects and project survival.
The current business model of the project is not perfect because it is still hampered by regulations.
The use of funds and distribution is controlled by centralization
Charity organizations spend 50% of donations on administrative fees
Lack of transparency and trust

The solution

W12 is an open protocol for the creation and implementation of milestone-based smart contracts. This protocol consists of smart contract templates (requires no programming skills), DAO governance, and decentralized oracle networks, which control the implementation of the project roadmap.

The W12 protocol is designed to be easily integrated into existing businesses, platforms or organizations. In the W12 ecosystem, one party can easily manage DAO of the type needed. In addition, W12 provides a token sales platform.

A project can choose one of 3 types of project funds to sell the startup token that will be used.

Implementation of milestones in digital contracts is confirmed by the token buyer.
Implementation of milestones in digital contracts is confirmed by Oracle independently of the W12 network.
Implementation of milestones in digital contracts was confirmed by 51% of buyers of tokens.

Oracle W12 Network

Oracle is a leading person from various fields (lawyers, notaries, financial advisors and others) who send verified information from the outside world to the blockchain and act to confirm the implementation of scenarios programmed in smart contracts.

Oracle was chosen randomly from a decentralized W12 network to make smart contracts.
Oracle determines the implementation of milestones and decides based on the data provided by the auditor and the project roadmap.
W12 fuel is used to pay for Oracle network functions and maintenance. The higher the fuel, the more likely it is to attract the most professional oracle for the project.

W12 Main Market

ICO

ICO provides opportunities to contribute to new ideas and products, enabling projects to raise funds for the implementation of tens of thousands of tokens buyers from around the world.

In the W12 ecosystem, ICO and several other markets can function more effectively using self-regulated decentralized organizations and peer-to-peer digital contracts.

The implementation of digital contracts is confirmed by independent oracles from the W12 network. W12 solutions pave the way to a new, free, decentralized world based on democracy and self-regulation, without limits and political constraints.

crowd funding

Crowdfunding is a new tool for financial intermediation between investors and borrowers (individuals or companies) without the involvement of traditional organizations such as banks.

In order to reduce costs for projects and risks for investors, W12 provides a structure similar to the ICO platform that creates a search period for funds received by the project and releases it after reaching the milestone.

Amal Market

W12 proposes a charity roadmap and the Oracle system as a template for transparent and fraud-resistant communication between fundraising and charity.

W12 allows every charity campaign to propose a charity mission to the public through modern and high-tech public relations channels. W12 ensures that social entrepreneurs will always be able to collect donations and will always reach their audience, while fund contributors will be able to receive proof of impact and if not, will be able to safely refund their funds.

W12 Token

Token symbol: W12

Standard: ERC-20

Token type: Utility

1 W12 = 0,00035 ETH

Total tokens: 400 million

Hard Cap: 22,500 ETH