W12.io - Blockhain Protocol

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W12 is an open protocol for creation various types of DAOs. The protocol consists of smart contracts, the DAO management mechanism, and a decentralized oracle network that control the execution of the milestones in project roadmap.
This solution protects users from intentional SCAM or unintentional failure of projects, reduce risks and expenses, create transparency and trust between projects and token buyers.
The fundraising campaign can be of any type: Charity and Social projects, ICO (utility and security), Crowdfunding and any other crowd sourced fundraising and governance.

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 the implementation of the main stages of the roadmap by the project. Solution W12 also includes mechanisms for creating DAO and platforms that allow projects to raise funds through Token Sales without initial fees or special technical knowledge.

W12 Mission: To create an environment and a decentralized infrastructure where trust between parties in not necessary in any type of the deal and all controversial issues can be resolved quickly, transparently and rightfully.

W12 Vision: To become the largest global platform that will change the established centralized ways of attracting finance, that are currently limited by geographical and political frameworks. To provide every investor in the world with a decentralized solution that will building a global world future

How it works

AS AN EXAMPLE
| project name: ABC project
| Project original token name: ABC
| guaranteed W-token project name: ABC-W


  1. The project fills the road map on the W12 platform, specifying the settings for the amount and% of funds needed for each stage.
  2. The project releases ABC tokens on the W12 platform or transfers several ABC tokens issued separately to the smart contract address of the W12 blockchain protocol.
  3. The W12 blockchain protocol generates ABC-W tokens in the number of ABC tokens received.
  4. Users transfer funds to a contract-smart address and receive ABC-W tokens.
  5. Funds are deposited in project DAO funds (smart contracts) and are issued to the project to implement the road map stages.
  6. By buying ABC-W tokens, users can:
  • Exchange ABC-W tokens to ABC tokens via W12 tokens and, if desired, sell ABC tokens on the exchange (the project can set a freeze period as long as this exchange is prohibited).
  • Exchange ABC-W tokens for their own remaining funds in project funds. Exchange conditions vary depending on the type of DAO.



Which problems do we solve?

  • SCAM or fraud;
  • High risks of transferring funds to projects at the early stage;
  • The lack of a mechanism for protecting crowd ICO investors and participants in charitable projects;
  • Lack of transparency and high costs when implementing charitable projects;


Smart contracts release funds to any project only when they meet their milestones


Main markets for integration

  • SECURITY ICO

projection:
0,7 bl. in 2018
(Security tokens)

  • UTILITY ICO

projection:
16 bl. in 2018
(Utility tokens)

  • CROWDFUNDING

projection:
50 bl. USD in 2018
(Product tokens)

  • CHARITY

projection:
733 bl. USD in 2018
(Charity tokens)

PROJECTION IN 2018

Market Validation

  • 96.2% of ICOs in 2017 were too risky or scams
  • 40% of the funds are spent on transfers and internal charity staffing costs


Business model

  • We have transaction model. No initial cost from project is required.
  • The more W12 tokens are used in transactions, the lower the commissions.
  • The size of the commission is based on the market for integration and project settings. Please find more detailed information in the W12 White paper.

W12 Token Sale
General
  • Token name: W12 Token
  • Token symbol: W12
  • Token owner: W12 Pte. Ltd.
  • Token type: Ethereum ERC20
  • Token price: 1 W12 = 0.00035 ETH. Discounts apply depending on the date of purchase.
  • Accepted form of payment: ETH, LTC, BTC, BCH, ETC, ADA, XLM
  • Token transfer: In the case of payment through a smart contract, W12 tokens will be transferred to customers immediately after receiving a confirmation of payment. If the payment is not made through a smart contract, the tokens will be distributed after the pre-sale and crowd sale stages.
  • Token issue: limited to 400 million tokens. Neither mining, nor any other method can be used to increase the token supply.
  • Hard Cap: the number of tokens per token sale round is limited.

Token distribution

Business development
The W12 goal is to become the biggest solution integrated in real businesses. Our solution has undeniable advantages over existing centralized systems in price, reliability and quality.
To implement the solution, W12 strategy is to establish the maximum number of partnerships in the market, launch an affiliate program, and launch strong business development units in the main markets.

Roadmap of the project
Quarter IV, 2017
  • Customer development, market research, project concept development
  • Team gathering
  • Platform architecture development
  • Development of the terms of reference and start of the marketplace development
Quarter I, 2018
  • W12 marketplace Alpha version
  • Development of the terms of reference and the W12 blockchain protocol prototype
  • Publishing of 100+ projects on the marketplace
  • Creating a project ranking system
Quarter II, 2018
  • Creation of a W12 community
  • Start of registration of W12 token buyers in the White List
  • Development of smart contracts for the W12 crowdsale
  • Start of W12 token Presale
Quarter III, 2018
  • Advertising and PR campaign of the W12 marketplace and sales of W12 tokens
  • Speeches at conferences
  • Start W12 crowdsale
  • Development of additional functions of the W12 protocol
Quarter IV, 2018
  • Listing of the W12 token on exchanges
  • Addition of projects to the W12 platform
  • Advertising and PR campaign for the W12 platform
  • Speeches at conferences
Quarter I, 2019
  • Addition of projects to the W12 platform
  • Advertising and PR campaign for the W12 platform
  • Testing and auditing the security of the W12 mobile app for Android and iOS
  • First version of the mobile marketplace app for Android and iOS
Quarter II, 2019
  • Addition of projects to the W12 platform
  • Advertising and PR campaign for the platform and mobile app
  • W12 conferences
  • Fully-featured mobile marketplace app for Android and iOS
Quarter III, 2019
  • Addition of projects to the W12 platform
  • Advertising and PR campaign for the platform and mobile app
  • W12 conferences
  • Ongoing development of the exchange and PAMM accounts, adding new features to the platform and the mobile app
Quarter IV, 2019
  • Addition of projects to the W12 platform
  • Advertising and PR campaign of the platform and mobile app
  • W12 conferences
  • Launch of the internal exchange and platform for creating PAMM accounts (money transfer to trust management).
For more information about the W12 Project, please visit the site below:


Author: Sixa
ETH Address: 0x0925bF518cfc72B18eDc703251827FBEb0611649

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