INTRODUCTION
To creat decentralized infrastructure and environment where trust between parties is not necessary in any type of the deal and all controversial matters can be resolved rightfully, quickly and transparently. To become the largest global platform that will change the established centralized ways of attracting finance that are presently limited by the geographical and political frameworks to provide every investors in the world with a decentralized solution that will build a global world future.
THE CURRENT MARKET PROBLEMS
The underlisted are the problems found in the W12 market
- Absence of trust between fund givers and fund raiser
Without trust among one another to settle disputes and make payments the parties involved are compelled to trust traditional institutes on behalh of the state and frequently do not have acess to other solutions. - Centralized control over fund use and distribution
Vitalik Buterin proposed the idea of a DAICO. At the moment of release it was full of laws, the general idea of gradual release of funds and decentralized control over them has been found supported in the crypto community. - Utility and security model imperfections
Both security and utility tokens lie on a set of rules that explains them.
Once the legal standards are introoduced it will provide a clean infrastructure for security tokens deployment and the DAO adminstratrion.
It is extremely difficult to explain the price curve of a utility token, to produce a price forecast, the expectations of the token holders miners, the users of the system and other groups that interact with the system are to be consider.
THE W12 SOLUTIONS TO THE MARKET PROBLEMS
- The W12 allows everyone to build a smart contract with necessary logic
Any type of decentralized control over funds can be operated.
Any type of crowd sale can be carried out through the W12 platform and protocol. - DAO
Gradual release of funds and refund will increase the survival rate in the industry, create more control over scam and decrrease the risk of losing funds for fund providers. - A decentralized network developed to confirm the excution of projects milestones
The decentralized system allows for an unbaised control over the platform development.
Trust between counterparts and those who control the platform improvement process are not needed.
THE W12 SOLUTIONS LAYERS
The solutions includes:
- Utility token sale project
- Digital contracts templates
- Charity campaign platform
-TheW12 Security token sale project ( legal framework in development)
- The W12 protocol for creation of peer-to-peer digital transactions
- Digital contracts templates
- The voting and decision -making mechanism
THE W12 PLATFORM
The W12 is a commision based-service while projects acqire funds via the W12platform charges from 0% to 10% of thetotal collected funds. Depending on the amount of funds kept the W12 smart contracts commission is raised, more funds stored with W12 less commission charged. There is also 0.5% charge for the use of the protocol.0.5% protocol use, charity commission 0-5%, ICO Commission 0-10%.
If 12,5%>W12>0% the project pays 10% commission + 0,5% for the use of protocol
If 25%>w12>12,5% the project pays 7,5% commission = 0,5% for the use of protocol
If 37,5%>W12>25% the project pays 5%commission + 0,5 for the use of protocol
If 50%>W12>37,5% the project pays 2,5% commission + 0,5% for the use of protocol
If > 50% of funds are stored in W12 token the project pays 0% commision + 0,5% for the use of protocol.
JUSTIFICATION: W12 is the only infrastructure solution in this area that allows users to sign a reliable digital contract with the project to develop a solution with the minimum possible risks.
SOME OF THE BENEFITS THAT CAN BE DERIVED FROM THE W12 PLATFORM
- Ease of fund aggregation
- Full transparency of fund movement, community feedback and distribution.
- Integration of a turnkey payment solution
- If the fund raiser is able to pay counterparties with cryptocurrency then the system will be able to give maximum level of transparency.
ADVANTAGES OF THE W12 IN THE MARKET
- The W12 guides the ICO token buyers from scam projects: Using the w12 solution, the ICO token buyers do not need to know the reasons why platforms implementation failed. ICO token buyers will save up to ninety five percent of their funds
- The W12 solution increase returns and greatly reduce risk, saving token buyers up to ninety five percent of the funds they invest in unrealized projects. If the hypothesis does not work during the first stages ofthe roadmaps,the remaing funds can be saved and returned to the token buyers then the risk will be reduced and the profit will increase.
- The W12 reduce the ICO launch cost and saves time: On the W12 project, a token sale can be launched free of charge in just a few clicks, the project does not need to develop a smart contract and a personal accounts system independently.
THE W12 TOKEN SALE
Token name: W12 Token
Token type: Ethereum ERC20
Token symbol: W12
Token owner: W12 PLC. Ltd.
Token price: 1 W12 = 0.00035 ETH. Discounts apply depending on the date of purchase.
Accepted form of payment: XLM, ETH, LTC, BCH, ETC,ADA,BCH.
Token issue: Limited to 400 million tokens either mining nor any other way can be used to increase the token supply.
Token transfer: If the payment is not made through a smart contract, the tokens will be shared after the prsale and the crowd sale stages.In case of any payment through a smart contract, the W12 tokens will be tranferred to customers immediately after receiving a confirmation of pament.
CONCLUSION
At the end of token sale all the unsold alloctaed tokens will be burned forever the W12 reserves the right to offer a low price for W12 tokens to longter institutional and strategic token buyers. All changes in the W12 token price are set for individual subject to an agreement entered between the W12 Plc.Ltd and the token buyers.
ROADMAP
Useful Links
Website : https://tokensale.w12.io/
Whitepaper : https://tokensale.w12.io/W12-en.pdf
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=3220425
Bounty Thread : https://bitcointalk.org/index.php?topic=5000635
Facebook : https://www.facebook.com/w12.io/
Twitter : https://twitter.com/w12_io
LinkedIn : https://www.linkedin.com/company/w12io/
Reddit : https://www.reddit.com/user/W12io/
Medium : https://twitter.com/w12_io
Telegram : https://t.me/w12io
Authors Details
Bitcointalk username: kingairdrop
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1862137
Eth Address: 0xA9334e54F7627332bC581d6dd6fD94aB79b39E55