W12 Token Sale

The Articles
3 min readSep 23, 2018

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W12.io

  1. W12 allows anyone to build (no programming required) smart contracts with the necessary logic.
  2. A decentralized oracle network developed to confirm the execution of project milestones.
  3. Secure and transparent transfer of funds to the other party.
  4. DAO, A decentralized and autonomous way of organizing crowdfunding campaigns. Funds will be released gradually after milestone confirmation. Gradual release of funds and refund (if projects fail to deliver on its claims) will increase the survivability rate in the industry, provide more control over scam and decrease the risk of losing funds for fund providers.

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.

Timing, Token Value, and Token Sale.

Stage Hard Cap.

All rounds for the sale of tokens start at 12:00 UTC+0.

Total HardCap: 22,500 ET .

Token price: 1 W12 = 0,00035 ETH. Discounts apply depending on the date of purchase.

Token lockup period: Tokens frozen by a smart contract for 2 years, with the possibility of issuing no more than 1/3 of this per year to:

  1. The team, advisers, founders .
  2. Reserve fund .
  3. Early long-term investors.

After the end of token sale all unsold allocated tokens will be burned forever. W12 reserves the right to offer a reduced price for W12 tokens to long-term institutional and strategic token buyers. All changes in the W12 token price are set individually subject to an agreement entered into between W12 Pte. Ltd. and the token buyer.

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