Hello Everyone, I will introduce Project W12 A Peer-to-Peer Digital Contract System.
About W12
Problem that we solving.Getting high profits from some investments in ICO projects, in the same time token buyers will lose their assets in the long-term perspective in 95% of cases. Eventually, the value of tokens of unrealized projects will drop to zero. At least 98% of ICO projects will never get realized as presented.
Features
Solution.For investors: disrupting the old ICO model W12 creates ecosystem, where ICO investors could buy ICO projects tokens with less risks for them and multiple their profits in average 87x times per period. If the project will not be realized as presented, investors will be able to vote and return unspent funds according to milestones from a project roadmap.For projects: W12 creates marketplace, blockchain protocol and automated smart-contracts for ICO fundraising without initial costs and special technical knowledge.This model can transform current ICO market and helps to discover thousands of talented teams and entrepreneurs around the globe.
STUDIES WERE CONDUCTED THAT IDENTIFIED THE MAIN MARKET PROBLEMS.
Investors in new projects entering ICO, get tokens, but often lose all their money if the project turns out to be a fraud or does not develop, according to its road map. The experience of the venture capital market at an early stage shows that 9 out of 10 projects fail. According to experts, most ICO projects are fraudulent.Most private investors do not have the experience to distribute their funds for various products, so they risk losing all their invested funds at one time. This seriously undermines the credibility of modern investment in the crypto industry.In addition, even the real founders of the project have almost no motivation to develop their projects after attracting millions of dollars. The use of attracted funds is generally unlimited.Most private investors do not have enough experience in project analysis, which gives scammers the opportunity to manipulate the opinions of potential investors.In many cases, the price of tokens emitted through the ICO falls as soon as they are listed on the stock exchanges for trading. Many projects distribute a significant share of their tokens between investors at an early stage, crypto funds, and sometimes even advisers, with huge discounts, which usually leads to a strong sale of tokens on stock exchanges, and hence to low prices, which leads to distrust by many market participants . Investors are losing money and trust.In our time, a potential investor can not thoroughly analyze and select a prospective project, since there is no reliable and reliable source of information.It is inconvenient for investors to analyze and select projects, since each project has anunconventional description, while the number of projects is growing, and sometimes reaches dozens a day.It is impossible to compare projects, track events in the calendar, analyze road maps and social networks of all projects daily.It is still difficult and uncomfortable for a modern investor to purchase project tokens.Registration of a crypto-currency purse and the exchange of a fiat currency for crypto assets is abarrier for beginners to participate in the project. Most projects do not offer theopportunity to buy their tokens directly in ordinary currency and in the usual ways accepted worldwide. This often repels many large investors.To buy tokens of several projects, you must register in each of the ICOs on your website and each time pass the identification of KYC. It’s not safe, it takes a long time.
MORE ABOUT THE W12 PROJECT
To solve the above problems, a new W12 project is being created that will ultimately help to increase profits to investors in the world of cryptography dozens of times due to insurance in the field of investments in ICO, money back in the event of a skam, deviations from the roadmap or a drop in prices for the project tokens are lower than the ICO.
HOW DOES THE W12 PLATFORM WORK ?
The project representative registers on the project platformhttps://w12.io/en/ and fills in the required information about his start-up, prescribes the roadmap, conditions for the sale of tokensThe project chooses one of the following options:- Issue the ERC20 tokens independently and transfer part of these original tokens toW12 smart contracts. – Release of original tokens via the W12 platform. In this case, the project also retains the ability to independently sell part of its tokens through its own site or other resellers or the original project tokens are sold only through the W12 network.The project transmits the original tokens to the W12 smart contract address. The project can transfer additional number of original tokens for sale on the W12 platform at any time during the sale of the tokens.The intellectual contract gives the same number of protected W-tokens as the original quantity.Tokens buyers transfer funds to a smart contract that sells W-Tokens(ABC-W) and fixes W-Tokens back to their wallet. The number of purchased protected W-tokens is determined based on the amount of funds transferred. Each project sets prices and discounts for its tokens. The project can set a discount depending on the date and amount of assets purchased. The price of protected W-tokens is always equal to the price of the original tokens.
TOKENS BUYERS HAVE TWO OPTIONS:
Exchange of protected W-tokens with original tokens.Exchange requires the transfer of protected W-tokens to the W12 smart contract address.By default, this exchange can be performed at any time.The project can use the token hold function and set the lock period depending on the provided discounts.Make a refund (from unspent funds of the project) – if the project is not delivered.To make a refund, the user transfers W-Tokens to the project fund and receivesfunds for his wallet. This amount is equal to their investment amount, minus the portion of thefunds that have already been transferred to the project for completion.
THE W12 PLATFORM
developers have already done a lot of work and prepared their own MVP for the test.You can go to the platform https://w12.io/en/ and see all the functions of the system. The main task of the project is to provide complete information for potential investors and ensure security of investments. At the ICO stages. When a new project appears, an ICO company will be created, which will sell its tokens with the addition in the form of the letter W. For example: https://w12.io/en/project-card/auctus/
THE SITE HAS CONVENIENT SECTIONS FOR USERS:
You can study the white paper of the project, study and view the finished codes on the GitHub website, view advertising materials and presentations, the project team and much more.In addition, you can quickly verify the availability of registration of project domains, view sites, explore social networks, opinions and opinions of users.
ICO, SELL W12 PROJECT TOKENS THE W12 PROJECT
team is currently selling tokens, so do not miss the unique opportunity to purchase tokens and become a full member of the W12 community.All owners of tokens will be able to take part in closed events on the investment in various new startups on the project platform. The main feature for participating in the project is a full guarantee of investment safety, a refund of money for failure to fulfill obligations from the startup organizers.
CHARACTERISTICS OF TOKENS W12:
W12 is a utility token, the internal currency of the W12 platform and based on the ERC20 standard, which simplifies integration into the user’s wallet. Operations performed using the token on the platform are written to the account of the lock using a smart contract.W12 token is used to store collected funds on projects on the platform.The project independently chooses in which crypto currency to store funds.The more W12 token used to store funds, the less the platform commission for the project.Thus, the more secured tokens ICO projects will be sold on the platform, the more W12 tokens will be used to store funds.Token W12 is required to pay for platform services.
With the W12 token, you can purchase tokens of any ICO projects placed on the W12 platform.
Type of the token: ERC20
Platform: Ethereum
Symbol: W12 Token (W12)
Price: 0.00035 ETH
Number of tokens: 400 million
Accepted forms of payment: ETH, LTC, BTC, BCH, ETC
Hard Cap: until the number of tokens in the round of tokens sale is not limited.
Crowd sale: 80 million tokens (25,200 ETH – 28,000 ETH)
Time: Crowdsale
Beginning: July 27, 2018
End: September 27, 2018
Discount: 10% to 0%
Token value: 0.000315 ETH – 0.00035 ETH
Hard cap: 80 million tokens W12The sum of fees: from 25200 ETH to 28000 ETH (depending on the discount)
In the Pre-sale and Crowd sale stages, the purchase price of the token is uniformly increased every day in accordance with the discount amount at the beginning and end of the stage. W12 reserves the right to offer a reduced price for the W12 token to long-term institutional and strategic tokens buyers.Token SaleBeginning: November 1, 2018
ADVANTAGES OF BUYING A W12 TOKEN AT THE ICO STAGE:
By purchasing W12 tokens at the ICO stage, you get a premium account that grants you the right to receive tokens of hundreds of other ICO projects that launched their ICO on the W12 platform.Account validity: 2 years. After 2 years, renewal is possible. Among the paid accounts 50% of the commission received in the tokens of projects for the ICO on the platform is distributed.Calculation and conditions for granting bonuses:
In order to purchase platform tokens, go to https://tokensale.w12.io/ and register.
Roadmap
Quarter IV, 2017
Customer development, market research and project development Team meeting Platform architecture development Terms of Reference development and starting the marketplace development
Quarter I, 2018
The alpha version of the W12 marketplace Terms of Reference development and the W12 blockchain protocol prototype development +100 projects will be added to the W12 marketplace Creation of project rating system Creation of token buyer training scheme Creation of landing page for implementing the W12 crowdsale Company registration in Singapore Start creating the project community
Quarter II, 2018
Registering the W12 token buyers as White List participants Launching advertising and PR campaigns of marketplace and W12 token sale. Implementing the Pre-sale of W12 tokens Development of the W12 blockchain protocol for issuance and sale of project tokens (with a phased disbursement of funds): smart card templates for issuing tokens by projects DAO project fund with the possibility of voting by the token buyers web interface on W12 marketplace for projects to fill in the parameters of their crowdsale confirmation blockchain transations service (ETH, LTC, BCH, ETC, ADA, XLM) Testing of W12 marketplace. Start of assigning a project rating by the platform users Adding new features to the marketplace (Sandbox functionality, services and experts sections, bounty cabinet, further development of the Personal office) Creation and A/B testing of high-converting landing pages for token buyers and project registration on the platform Adding at least 300 projects to the marketplace
Quarter III, 2018
Launching and conducting W12 crowdsale Listing the tokens on exchanges The W12 protocol additional features development: for selling tokens issued by projects outside the platform adding more cryptocurrencies to be used to buy project tokens automation tool to deploy smart contracts for the Ethereum blockchain Testing of the W12 blockchain protocol Audit of the W12 blockchain protocol Audit of the W12 platform security system Developing additional functionality of W12 marketplace, adding pay services for projects Start of developing mobile marketplace application on Android and iOS Launching the beta version of W12 marketplace Advertising and PR campaigns of W12 marketplace Architecture development and Terms of Reference development for an exchange Partner agreements with private experts and rating agencies for scoring the platform projects
Quarter IV, 2018
Launching the development of an exchange to provide liquidity and free token listing for the projects having completed the ICO on the W12 platform The first version of mobile marketplace application on Android and iOS Launching a fully functional W12 blockchain protocol Launching a service for buying ETH for fiat currencies (to further buy project tokens for ETH) Advertising and PR campaigns of marketplace and mobile application
Quarters I and II, 2019
Organization of the series of conferences and events all over the world to attract token buyers and projects Adding at least 300 projects to the marketplace Launching a service for buying major cryptocurrencies for fiat currencies Ongoing development of the exchange and PAMM accounts, adding new functions to the marketplace and the mobile application Launching a scoring system providing the expert’s voting power being determined by the results of his projections and the real increase in the price of the token Testing of mobile W12 marketplace applications Mobile application security audit Release of a full-featured mobile marketplace application Signing partner agreements with cryptocurrency exchanges Advertising and PR campaigns of marketplace and mobile application
Quarter III, 2019
Launching own exchange and platform for creating PAMM accounts (transfer of funds to trust management)
FOR MORE DETAIL, PLEASE VISIT :
Website: https://www.W12.io/
ANN thread : https://bitcointalk.org/index.php?topic=3220425.0
Whitepaper: https://tokensale.w12.io/W12-en.pdf
Twitter: https://twitter.com/w12_io
Telegram : https://t.me/w12_io
Facebook : https://www.facebook.com/w12.io/
Bitcointalk Profil : https://bitcointalk.org/index.php?action=profile;u=1210304