W12 ICO details
Start Date: 2018-5-20
End date: 2018-7-20
- Category: Other
- Token: W12
- Platform: Ethereum
- Type: ERC20
- Initial price: 1 W12 = 0,00035 ETH
- Bonus: Pre-sale 33-20% Crowdsale 15-0%
- Tokens for sale: 400000000000
- Accepting: BTC ETH LTC
- Hard cap: 30,000 ETH
Social
- Site: W12 site
- Twitter: https://twitter.com/w12_io
- Facebook: https://www.facebook.com/w12.io/
- Github: https://github.com/w12-platform
- Bitcointalk: https://bitcointalk.org/index.php?topic=3220425.new#new
- Medium: https://medium.com/@w12_io
- Telegram: https://t.me/w12_io
W12 – ICO 2.0 platform and blockchain protocol
W12 mission is to minimize risks and increase the profitability of investing in projects at the initial stage globally. In its turn, the W12 platform provides projects with the opportunity of raising funds at no costs and without special technical expertise by creating an environment for projects in which the path from an idea to a profitable business would be as short as possible.
W12 vision is to become the most significant global platform that would change the established centralized project fundraising ways limited to geographical and political frameworks and would give private investors access to the creation of projects based on the new millennium digital economy and to the building of a global future.
KeyW12 advantages:
- Enhances early-stage project investment yield more than tenfold through the purchase of tokens and reduces risks for investors.
- Refunds up to 95% of funds invested in unrealized project to investors.
- Provides the possibility of limiting the sale of tokens by early-stage investors on exchanges immediately after an ICO to prevent token price drops (when the project activates the Token Hold function).
- Simplifies the private investors’ choice of projects and the transfer of funds to trust management professionals.
- Allows projects to quickly attract financing without initial costs or any special technical expertise.
- Creates infrastructure for the decentralization of capital and establishes a new standard for safe investment in projects.
Decentralization, Blockchain, Cryptocurrencies and ICOs
The Blockchain technology (distributed ledger) gives humanity the unprecedented opportunities for economic development:
– Eliminates the need to trust either party;
– Decentralises the data;
– Protects digital assets;
– Does away with intermediaries;
– Automates processes and minimises fees; and
– Facilitates smart contract execution.
One of the most vibrant applications of blockchain technology was the creation of cryptocurrencies, for example, Bitcoin. Attempts to create non-state currencies were long before the advent of the blockchain technology, but they had an issuer and the need to trust it the funds; hence, they were not widely used.
Unlike the ‘centralised’ traditional currencies, cryptocurrencies have become popular because:
– they have limited emission (which is ensured by the blockchain technology)
– they are cryptographically secured
– It is impossible to limit their turnover
– all transfers are recorded in an open registry, and everyone can see the flow of the funds.
The model for attracting financing through the ICO was invented by developers who needed resources to create cryptocurrencies. They sold a part of not yet created cryptocurrency to a wide range of persons and spent the collected funds on further development. In terms of attracting a large number of investors, it was reminiscent of an IPO (Initial Public Offering), hence the name.
Now, the term ICO is understood as the sale of tokens (cryptographically secured digital assets) for the purpose of raising project financing funds. Most tokens are currently being issued on Ethereum (a platform for creating blockchain-based decentralized online services that use smart contracts). The Ethereum platform makes it possible to create a smart contract that will issue tokens using any necessary logic. A token can be:
– a security (for example, share or bond) equivalent a product token (gives the right to exchange a token for a product or service)
– a product token (gives one the right to exchange a token for a product or service)
– a utility token (which has functionality within a system)
– cryptocurrency (a means of payment)
Typically, the emission of tokens is limited and they are “tied” to one of the project parameters (for example, profits). As this parameter value grows, so does the value of the token, thus making it attractive to investors.
At the moment, any business has the technical capacity for issuing its own tokens for the purpose of decentralizing the raising of a large number of investors’ funds, and the rights to any asset can be tokenized. All this opens up new avenues for the development of the digital economy.
Team
Oleg Sharpatiy
Andrey Granovskiy
Michael Korneev
David Kuhl
Aleksandr Tikhonov
Ibrahim Tletseri
Nelly Pankovichenko
Margarita Trifonova
Maria Zhirkova
Savelia Akhmedova
Artur Potemkin
Rodion Nikiforov
Andrey Konovalchukov
W12 Advisors
Joakim Holmer
