W12 Token.io — Blockchain Protocol
What Is W12?
W12 is making a suburbanized infrastructure during which sports don’t ought to do not forget each distinctive.
The protocol uses blockchain technology to form positive the transparency and addressability of transactions, good contracts and oracles to form positive the manipulate of implementation of the first tiers of the roadmap through the task. The W12 answer, in addition, consists of a mechanism for DAO advent and a platform that allows duties to boost charge selection via Token Sales while not preliminary costs or specific technical knowledge.
PROJECTION IN 2018
Market Validation
96.2% of ICOs in 2017 had been too unstable or scams
40% of the charge vary are spent on transfers and internal charity staffing costs Source: givingusa.Org
Business model
We have the dealing version. No initial fee from a mission is required.
The larger W12 tokens are achieved in transactions, the lower the commissions.
The size of the fee relies fully upon truly to be had at intervals the marketplace for integration and project settings. Please ascertain larger specific knowledge within the W12 white book.
How It Essentially Works
FOR EXAMPLE
project name: the first rudiment challenge the choice of the distinctive token of the mission: first rudiment name of the secured W-token challenge: ABC-W
- The project fills the roadmap on the W12 platform, devices the settings for the number and a couple of worth vary needed for every degree.
- The venture releases first rudiment tokens on the W12 platform or transfers the variety of the first rudiment tokens issued severally to the clever settlement address of the W12 protocol blockchain.
- The W12 blockchain protocol produces first rudiment-W tokens within the amount of ABC tokens received.
- Users switch rate varies to clever-settlement subsume and gather ABC-W tokens.
- The charge selection ar hold on at intervals the mission DAO fund (smart agreement) and are issued to the challenge to position into the impact the roadmap degrees.
- By trying to find ABC-W tokens, the client can:
Exchange first rudiment-W tokens to ABC tokens through W12 token-changer and, if favored, sell first rudiment tokens at the alternate (the project will set a period of chilling in someone time at intervals the destiny of that this transformation may be a crime).
Exchange ABC-W tokens for his or her terribly own finances previous within the challenge fund. The terms of trade vary relying on the shape of DAO.
W12 Token Economy
- The W12 token is trendy for funding responsibilities through the W12 protocol and suburbanized businesses
Projects severally perceive during which cryptocurrency the raised finances will be saved in. The additional W12 tokens are used, the lower the commercial enterprise rate the task will pay;
For instance: if venture investment isn’t massed a full heap a full heap but five hundredths in W12 tokens — the charge is zero / half-hour — the fee is 6 June 1944 / bond — the commission is 10%;
- W12 tokens permit customers to shop for the tokens of any enterprise listed on the W12 platform; The token may well be used as the gas within the suburbanized oracle network;
- W12 tokens are accustomed reward oracles. Oracles can want W12 tokens in staсks to affirm dealing ina network and therefore the execution of milestones and obtain keep of rewards from the community.
W12 Token Distribution
Roadmap Of The Enterprise
IV, 2017
Customer development, research, mission idea development
Team accumulating
Platform kind improvement
Development of the terms of reference and start of the market development
Quarter I, 2018
W12 marketplace alpha version
Development of the phrases of reference and therefore the W12 blockchain protocol model
Publishing a hundred+ obligations within the marketplace
Creating a mission rating tool
Quarter II, 2018
Start growing a W12 community
Start registering W12 tokens purchasers within the Whitelist
Development of clever contracts for the W12 crowd sale
Start W12 pre-sale
Quarter III, 2018
Advertising and PR advertising and selling campaign of the W12 market and financial gain of W12 tokens
Development of larger abilities of the W12 protocol
Development of the network interface for the blockchain protocol for the acquisition of Tokens-W, returning coins from the fund, the trade of Tokens-W to easy Tokens
Automated affiliation of recent duties
Quarter IV, 2018
Crowdsale W12
Adding duties to the W12 platform
Advertising and PR advertising and selling advertising and selling advertising and selling campaign for the W12 platform
Concluding partnership agreements with fee vary and syndicates
Quarter I, 2019
W12 listing on exchanges
Adding obligations to the W12 platform
Advertising and PR selling advertising and selling campaign for the W12 platform
Starting development of the W12 cell app for mechanical man and iOS
Quarter II, 2019
Testing and protection audit of the mobile app of a W12 marketplace for mechanical man and IOS.
The first model of the cellular app for mechanical man and IOS
Test advertising selling campaign of the mobile app for mechanical man and IOS
Adding comes to the W12 platform
Quarter III, 2019
Full-talents cell market app for mechanical man and IOS
Adding obligations to the W12 platform
Advertising and PR advertising and selling and selling advertising and advertising selling campaign for the platform and cellular app
W12 conferences
Quarter IV, 2019
Adding responsibilities to the W12 platform
Advertising and PR advertising selling campaign of the platform and cell app
W12 conferences
Launching the W12 pass-blockchain protocol
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