Review - W12.io (BLOCKCHAIN PROTOCOL)





Introduction

 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.
What is W12?

 W12 is creating a decentralized infrastructure in which parties do not need to trust each other.

The protocol uses blockchain technology to ensure the transparency and addressability of transactions, smart contracts and oracles to ensure the control of implementation of the main stages of the roadmap by the project. The W12 solution also includes mechanism for DAO creation and a platform that allows projects to raise funds via Token Sales without initial costs or special technical knowledge.

 W12 Solution Layers

  • The W12 solution includes:
  • The W12 protocol for creation peer-to-peer digital contracts
  • Digital contracts templates
  • The W12 decentralized oracle network
  • The voting and decision-making mechanism
  • The algorithm for digital contract execution
  • Utility token sale platform
  • Charity campaign platform
  • Security token sale platform (legal framework in development);
  • The mechanism for diversification of funds into other crypto-currencies and their
  • lock up in smart contracts according to project choice


W12 Business model
W12 is commission-based service. While projects acquire funds via our platform W12
charges from 0% to 10% of total collected funds. Depending on the amount of funds
stored via W12 smart contracts commission is raised/lowered, more fund stored with W12
less commission charged. Also, there is 0.5% charge for the use of the protocol.
ICO commissions: 0-10% Charity commissions: 0 – 5% 0,5% Protocol use
commission.

  • If ≥50% of funds are stored in W12 token the project pays 0% commission + 0,5% forthe use of protocol


  • If 50%>W12≥37,5% the project pays 2,5% 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 25%>W12≥12,5% the project pays 7,5% commission + 0,5% for the use of protocol
  • If 12,5%>W12≥0% the project pays 10% commission + 0,5% for the use of protocolJustification : if there is a reliable infrastructure in which there is no need to trust theother party in the transaction, fewer and fewer token buyers will transfer funds to projectsto develop their solution without signing a corresponding digital contract. As of now, W12is the only infrastructure solution in this area, allowing users to sign a reliable digitalcontract with the project to develop a solution with the minimum possible risks.

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.

 ICO market

The volume of the ICO market shows rapid growth. According to ICO data in 2017, ICO projects attract $ 6 billion and $ 94 million by 2016 (the amount not counting the $ 168 million raised by the DAO crowd). ICO provides the opportunity to invest in new ideas and products and raise funds to execute from tens of thousands of investors from anywhere in the world. According to Coindesk, the volume of capital mobilized from the blockchain market through the ICO exceeds venture capital investment in blockchainrelated projects. ICO fundraising models have a clear advantage over traditional capital and community mobilization, which is the liquidity of the token purchased in exchange for the investment and financial gain.

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.o

 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).

 Token Sales Detail:
Token: W12

 PreICO Price: 1 W12 = 0.0002625 ETH

 Price: 1 W12 = 0.00035 ETH

 Bonus: Available

 Bounty: Available

 MVP/Prototype: Available

 Platform: Ethereum

 Accepting: LTC, BTC, ETH

 Minimum investment: 1.5 ETH

 Hard cap: 22500 ETH

 Country: Singapore

 Whitelist/KYC: KYC & Whitelist
Restricted areas: USA

 For more information here :

 Website: https://tokensale.w12.io
Whitepaper: https://tokensale.w12.io/W12-en.pdf
Facebook: https://www.facebook.com/w12.io/
Twitter: https://twitter.com/w12_io
Telegram: https://t.me/W12BountyChat
ANN thread: https://bitcointalk.org/index.php?topic=3220425

Author :
Bitcointalk name : ayumichia

Bitcointalk profil :https://bitcointalk.org/index.php?action=profile;u=1427084

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