W12: A Peer-to-Peer Digital Contract System
Hello steemit community, in this new post I want to introduce about W12 project, and for more details let's just go to the following discussion:
Protect your investment in ICO with new W12 smart contract technology for token sales and boost up to 87x
Full transparency. More trusting. Less risk.
W12 is one of the most significant innovations in decentralized financing
W12 is the winner of the World Blockchain Forum competition, New York, ranked first
Finalists at IСracerace, Switzerland (selected from 140 ICO projects)
Counselor: vice president and top manager of Ericsson, former vice president of Goldman Sachs First version of product has been developed Developed a very high rating on some ICO listing sites
A very experienced team
The tokens of the founders, team and advisors will be locked for 2 years
Unique token economy Hard cap: 30,000 ETH
We have created a smart contract that will provide the ICO funds accumulated to the project simply by following the decision of the token buyer after the project meets their milestone (stages)
This solution increases returns up to 87 * times, as it protects token buyers from 96% of projects that unfortunately fail.
How it works
- The project builds their road map on the W12 platform, and makes arrangements for the amount and% of funds desired for each stage.
- Projects issued their ICO tokens on the W12 platform or delivered some emissions from their ICO tokens to be issued independently via smart contracts on the W12 platform.
- The W12 blockchain protocol issues a project warranty token equal to the number of ICO project tokens received.
- Users of the W12 platform may purchase a guarantee token from their preferred ICO project. All ICO guarantee tokens are supported by token buyer funds.
- All funds collected are locked in a smart contract and will be awarded to the project only after a buyer's decision has been made after the project completes the milestone on its roadmap.
- After purchasing an ICO project guarantee token, users may:
exchange it with an ICO token through the W12 token exchange and sell it on a registered exchange receive a refund if the project fails to complete the milestone in its roadmap, or if the token price falls below the ICO price level
Advantages of participating in ICO W12
By purchasing a W12 token at the ICO stage you get access to hundreds of other ICO projects for free
By purchasing W12 tokens during our ICO you will get a premium account for free, giving you access to hundreds of other projects launching their ICO on the W12 platform. In addition, 50% of token commissions received from applicable ICOs will be distributed to premium account holders. Premium account will be valid for 2 years. After 2 years, can be extended.
Terms and conditions for additional bonuses
W12 token
distributionToken locking period: Tokens are frozen by a smart contract for 2 years, with the possibility of being issued no more than 1/3 per year for:
- Team, advisory, founder
- Initial long-term investor
Token price:
1 W12 = 0,00035 ETH. The applicable discount depends on the date of purchase.
Accepted form of payment: ETH, LTC, BTC
Token delivery:
Token W12 will be delivered to the customer through a smart contract after the end of each ICO stages. You can see additional tokens and transaction confirmations in your account immediately after purchase
Token Emissions:
Limited to 400 million tokens. No mining or other methods are possible to increase the number of applicable W12 tokens.
Hard Cap:
Hard cap is set in the number of tokens on each round of token sales
Pre-sale:
20 million tokens (5,000 ETH)
Crowdsale:
80 million tokens (25,000 ETH)
Time
Each round of token sales begins at 12 noon. UTC + 0
Pre-sale
Start: May 20, 2018
End date: July 20, 2018
Discount: 25-15%
Token price: 0,0002625 ETH - 0.0002975 ETH
Hard cap: 20 million token W12
The amount of costs: 5250 ETH - 5950 ETH (subject to discount)
Crowd-sale
Start: July 27, 2018
End date: September 27, 2018
Discount: 10-0%
Token price: 0,000315 ETH - 0,00035 ETH
Hard cap: 80 million token W12
The amount of costs: 25,000 ETH
In the Pre-sale and Crowd-sale stages, the purchase price of the token will increase regularly every day and adjust to the discounted amount at the beginning and end of each stage. W12 reserves the right to offer W12 tokens discounts to institutional buyers for long-term and strategic token shoppers.
Sales Token
Start: Beginning November 1st, 2018
Every day smart contracts will produce and sell 140,000 tokens (0.035% of total issued) for 1,000 days. The token value during the token sale will be determined using the formula: Price = K / 140,000, where K = the amount of funds sent to the smart contract per day. Token sales are done to ensure that W12 platform and W12 blockchain protocols work correctly, excluding situations where there is no W12 token seller, or token value up to infinity, or when the maximum number of private investors is attracted to the platform.
To find more relevant details of the W12 project please follow some resources for the following references:
WEBSITE: https://tokensale.w12.io/b
WHITEPAPER: https://tokensale.w12.io/W12-en.pdf
FACEBOOK : https://twitter.com/w12_io.io/
TWITTER: https://twitter.com/w12_io
TELEGRAM: https://t.me/w12io
Author: SanZoldyck
My BitCointalk profile: https://bitcointalk.org/index.php?action=profile;u=1045517;sa=summary