With the use of Smart Contracts, W12, an open protocol will help in the creation and execution of milestones. The W12 protocol is made up of decentralized oracles network, DAO governance and smart contract templates that directs the implementation of the project
The W12 protocol came as a savior to keep investors from Scam and failure of the system which could lead to loss of funds. Hence, it will restore trust among all parties involved.
Fundraisers (which could be any type) establish a DAO, set up a road map and work based on it. The community of token buyers will release the funds in tranches after making sure the campaign satisfies the milestone.
The design of the W12 protocol is such that any organization, platform or business can be easily integrated. Hence, the W12 ecosystem gives any of its members the ability to make available any type of DAO – receiver, funds, supplier and contributor.
Objectives of W12 Protocol
The protocol seeks to produce a comfortable platform to decentralize capital. It will bring about a unique requirement that will make financial investment attractive and safe to all
W12 brings about the perfect platform for anyone that can bring about innovation to raise funds through the ICO in a limited period.
The token of the platform will be used to store funds and also pay for services.
Benefits of the W12 Platform
Facilitate early yield from project investment via token acquisition and investor’s safety
Investors get the opportunity for refunds for projects that are not successful
Brings about the platform for capital decentralization as well as an ecosystem for safe investments.
Projects get to attract quick funding without any special technical experience.
Gives investors the clue to stop token sales when token is predicted to drop in worth
W12 Token Economy
The W12 token will fuel all projects on the protocol, although, all projects will have the capacity to select which crypto currency they want the funds kept. With more W12 tokens used, the service commissions paid will reduce
W12 tokens give users the chance to buy any projects token, as long as it is listed in the platform.
The token will serve as a drive for the decentralized network which will be used as incentives for oracles. In order for oracles to conform transactions on its network, W12 tokens will be needed in abundant quantity. It is also the basis for executing milestones and getting rewarded on the network.
TOKEN W12
PLATFORM Ethereum
AVAILABLE CURRENCY: LTC, BTC, ETH
ICO LOCATION Singapore
PRICE 1 W12 = 0.00035 ETH
Hard cap 30,000 ETH
W12 protocol Conclusion
The project has the backing of strong team members how are veterans in their field. Asides, the W12 protocol was received with open hands as seen with the ICO listing’s high ratings.
W12 desires to reduce risk and improve the profits investors get when they take part in the early stage of a project. The W12 platform also seeks to make it easy for projects to source for funds with ease. This will happen without any special technical knowledge, and also reducing how long it takes for project to succeed.
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