The WINGS price discovery event has concluded.

Here’s how the community rated the ACT pre-ICO in terms of how much ETH it could raise during pre-ICO (18th July, 2017 at 17:00 CEST) http://ico.daoact.org.

Published in

DAOACT

4 min readJul 18, 2017

RESULT: 15000 ETH (approximately $3 million)

WINGS (https://wings.ai) combines decentralized decision-making for filtering out low quality projects, valuing and promoting projects via predictions markets. With WINGS projects are first vetted and valued by a global community before moving to the crowdfunding stage where members of the WINGS DAO are free to promote projects to their social networks.

Here is our join press release with WINGS including this great quote from the WINGS Foundation President, Boris Povod:

“ACT is a truly innovative concept in the cryptocurrency space focused on social good. We designed WINGS to allow people from all over the world to value and promote projects they believe in and are excited to have such a strong team comprised of ACT and their partner Draglet to be presented to the WINGS community.”

The following scatter chart is available on WING.ai. On the x-axis we see the amount of WINGS tokens locked during forecasting (the bigger the bubble the larger the whale), and on the y-axis the pre-ICO fundraising prediction in thousands of Ether.

It was interesting to observe changing patterns of these price predictions during a volatile cryptoasset market. We noticed a slight change in sentiment as the Ether price crashed. Towards the end of the forecasting, as the market bounced back, the predictions normalized around the result which was 15000 ETH on the button. Thats around $2.85 million at current ETH prices.

“We’re delighted to have ACT as a social project on WINGS. Blockchains can bring increased transparency, optimization and openness to the international development sector, and we are excited to be part of this and bring it to our community. The blockchain community is fantastic — it is largely made up of very passionate people who want to make the world a better place. It is encouraging to see the global development goals and blockchain come together in an innovative DAO. With so many high-profile, game-changing DAOs now being proposed, we are excited to see ACT in the early stages of WINGS launch because of its social agenda as well the strength of its technical team”.

Dominik Zynis, Head of Communications at WINGS source