BLOCKCHAIN EXPRESSION

What is w12?

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

The protocol uses blockchain technology to ensure transparency and transactional solvency, intelligent contracts and oracles ensure control over the implementation of the project milestones of the project. Solution W12 also includes a platform that allows projects to raise funds through the sale of tokens without the need for initial costs or special technical knowledge.

Smart contracts release money to the project only when they meet their milestones

Main market for integration

  • ICO SECURITY
    Guess:
    $ 0.7 billion in 2018
    (Security token)
  • ICO FACILITIES
    Guess:
    USD 16 billion in 2018
    (Token utilities)
  • COMMUNITY FUND
    Guess:
    $ 50 billion in 2018
    (Token Products)
  • CHARITY
    Guess:
    $ 733 billion in 2018
    (Charity Token)

Market confirmation
- 96.2% of the ICO in 2017
risky or fraudulent
 
- 40% of the money spent on the transfer
and the cost of internal charit

Business model
- We have a trading model. It is not mandatory for the project to have an initial cost.

- The more W12 tokens used in transactions, the lower the commission.

- Scale of commission based market for integration and project settings. Please find more information in Whitepaper W12.

What problem do we solve?

  • fire or fraud;
  • High risk of transferring money to projects at an early stage;
  • The lack of protection mechanisms for ICO investors and community participants in charitable projects;
  • Lack of transparency and high cost of implementing charity projects;

ICO MARKET
According to Satis research, about 5.67 billion dollars have invested in scams and failed projects at an early stage.

The Largest Island Project has stolen $ 660 million in Vietnam

CHARITY
More than 50% of the money in a charity can not reach the recipient

12.5% — Employee training

12.5% — Administrative expenses

25% — Marketing

50% — Actual charity

In case of used

Case 1. ICO Market & Community Mobilization

We need to build a more responsible ICO Generation 2.0. Something like the W12’s smart contract is definitely needed. A system to buy ICO token guarantees a refund if projects fail to meet their milestones
Anders Larsson, Founder of allcoinWiki
 
ISLAND ISSUE

High risk involves investing in projects at an early stage. Lack of infrastructure gives a simple, reliable conclusion of the contracts and their implementation.

No decentralized infrastructure ensures that the contract will be made subject to the achievement of key milestones in the project roadmap.

According to the study, only 3.8% of ICOs completed their token sales as the transaction was successful

SOLUTION
 
We have built smart contracts that just release ICO funds for the project
At the buyer’s decision token when the project meets its milestones.

This solution improves profitability, because it protects the token buyer from about 96% of the project
never achieved any significant event.

Case 2. Charity

I am delighted by the potential for e-money and code changes, and hope to improve the way we fund charity.
Fred Wilson, partner at Union Square Ventures

MAJOR ISSUES OF THE MARKET OF CHARITY

Lack of transparency
Up to 60% of the younger generation
Admit that transparency affects their decision to donate.

Infiltration of charity ads
Costly administration
High cost marketing and commission remittance
Makes charities smaller
hard to maintain

Am I affected?

A regular question from people willing to donate.

SOLUTION

To create a decentralized, transparent infrastructure where one can track the use of targeted funds.

Thanks to the W12 protocol, any party can create a DAO organization of their choice, set its route and determine the use of money. Each participant can monitor and control funds and assess the impact of the donation.

This solution significantly reduces administrative and marketing costs and enables the mobilization of additional funds for charitable and meaningful social projects.

MAJOR ISSUES OF THE MARKET OF CHARITY

MAJOR ISSUES OF THE MARKET OF CHARITY

How does it work?
FOR EXAMPLE
| Project Name: ABC Project
| Project’s original token name: ABC
| The name of the project is W-token secure: ABC-W

1 / The project fills the route on the W12 platform, setting the settings for the amount and amount needed for each stage.

2 / The ABC-based W12-based or ABC-to-be-released ABC-to-W12 protocol.

3 / The blockchain W12 protocol generates the ABC-W token in the number of ABC tokens received.

4 / The user transfers money into the smart contract address and receives the ABC-W token.

5 / The funds are stored in the DAO fund of the project (smart contract) and are allocated to the project to carry out the route phases.

6/ By purchasing the ABC-W token, users can:
Transaction tokens ABC-W with the token ABC through the W12 token conversion and, if desired, sell the token ABC on the trading platform (the project may set the freezing time during this transaction is forbidden).
Transaction token ABC-W for their remaining funds in the project fund. The terms of the exchange vary depending on the DAO type.

For more information on investment projects, please visit:
webpage: https://tokensale.w12.io/?utm_source=bounty&utm_medium=bitcointalk&utm_campaign=blog
White paper: https://tokensale.w12.io/W12-en.pdf
author
Bitcoin Username: truong chivalet tesung
Bitcointalk Link Profile: https://bitcointalk.org/index.php?action=profile;u=2232669
Eth Address: 0xfA20FE115960DcfEAcC13bbD85d7461Bb4412Eb6

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