W12: Decentralized Infrastructure in Which Parties don't Need to Trust Each Other


What is W12?

W12 is an open protocol for creating different kinds of DAOs. The convention comprises of savvy gets, the DAO the executives component, and a decentralized prophet arranges that control the execution of the achievements in venture guide.

This arrangement shields clients from deliberate SCAM or inadvertent disappointment of activities, decrease dangers and costs, make straightforwardness and trust among tasks and token purchasers.

The raising money battle can be of any kind: Charity and Social activities, ICO (utility and security), Crowdfunding and some other publicly supported gathering pledges and administration.

W12 is making a decentralized framework in which trust between the gatherings isn't required and any debate can be settled rapidly, straightforwardly and at least expenses.

The W12 convention is intended to be effectively incorporated into any current business or arrangement. What's more, W12 gives its very own stage to moving tokens with an easy to use interface, through which tasks can without much of a stretch draw in assets utilizing the stage convention.

W12 Mission

To make a situation and a decentralized framework where trust between gatherings in a bit much in the arrangement and every dubious issue can be settled rapidly, straightforwardly and legitimately.

W12 Vision

To wind up the biggest worldwide stage that will change the built-up brought together methods for pulling in a fund, that is as of now constrained by land and political structures. To furnish each financial specialist on the planet with a decentralized arrangement that will be constructing a worldwide world future.

Publicly support advertise issues and W12 Solution 

Market Problems

SCAM
  • The dimension of extortion in ICO is to a great degree high and goes up to 81% (https://news.bitcoin.com/80-of-icos-are-scams-only-8-reach-an-exchange/)
Low survivability rate of new companies at early speculation stages 
  • The normal survivability rate in the VC market and ICO's is under 30% https://www.entrepreneur.com/article/288769 
Nonappearance of trust among pledge drives and store suppliers
  • Without confiding in each other, so as to settle the question and make installments, the gatherings included are constrained to confide in customary organizations in the interest of the state, and oftentimes don't approach elective arrangements. 


Utility and Security display blemishes 
Both Utility and Security tokens lie on an arrangement of tenets that characterize them.
  • It is to a great degree hard (or incomprehensible) to satisfactorily characterize the value bend of a utility token. So as to create a value gauge, one ought to think about the desires for the token holders, mineworkers, the clients of the framework and different gatherings, that interface with the framework. As building such a model is generally an inconceivable errand, token purchasers depend on the task of creating a group to work in as indicated by the guide.
  • Security tokens are legitimate just with the formal library with the Security Commission in the USA and elective national commissions. When the legitimate benchmarks are presented we will give a flawless framework to security tokens organization and DAO organization. 

Incorporated power over store use and conveyance 
2017 has appeared, that ICO can't make due in its present state. The abnormal state of trick and disappointment brought the" savvies blockchain" individuals to a thought of a group controlled ICO process. Vitalik Buterin proposed the possibility of a DAICO. In spite of the fact that right now of discharge it was brimming with defects, the general thought of slow arrival of assets and decentralized command over them has discovered help in the crypto network.

The W12 Protocol solution:

- W12 enables anybody to fabricate (no programing required) shrewd contracts with fundamental rationale
  • Any sort of group deal can be brought out through the W12 convention and stage.
  • Any kind of decentralized command over assets can be utilized
-  A decentralized prophet arrange created to affirm the execution of undertaking achievements
  • Trust among counterparties and the individuals who control the undertaking advancement process isn't required. 
  • The decentralized prophets framework takes into consideration an unprejudiced power over the undertaking improvement.
- Secure and straightforward exchange of assets to the next gathering
- DAO
  • A decentralized and self-sufficient method for sorting out group financing efforts.
  • Funds will be discharged progressively after achievement affirmation. 
  • Gradual arrival of assets and discount (if ventures neglects to convey on its cases) will build the survivability rate in the business, give more power over trick and decline the danger of losing assets for store suppliers. 

The prophets in the decentralized W12 arrange transmit checked data from the outside world to the blockchain and affirm the execution of the situations modified in keen contracts. 

W12 makes a framework in which the gatherings don't have to confide in one another, the settlement of question happens speedier, increasingly straightforward and at a lower cost, furnishing an extensive variety of clients with simple access to the advantages of blockchain innovation. 

At W12 we are making an extension between the crypto business and the conventional economy by coordinating our answer into genuine organizations. 

The W12 arrangement permits to rethink the job of the state as a judge in relations among gatherings and to soothe some portion of this weight from state establishments, moving it to savvy contracts and self-managed decentralized associations. The usage of the W12 arrangement makes the reason for another decentralized advanced economy and is probably going to influence some conventional monetary and common law establishments in the prompt future.

Smart Contracts


How it Works

Eample:

- Project name: ABC project
- The name of the original token of the project: ABC
- Name of the secured W-token project: ABC-W
  1. The undertaking fills the guide on the W12 stage, sets the settings for the sum and % of assets required for each stage.
  2. The undertaking discharges ABC tokens on the W12 stage or exchanges a portion of the ABC tokens issued autonomously to the savvy contract address of the W12 convention blockchain.
  3. The W12 blockchain convention produces ABC-W tokens in the measure of ABC tokens got.
  4. Users exchange assets to brilliant contract address and get ABC-W tokens.
  5. The assets are put away in the undertaking DAO finance (keen contract) and are issued to the task to actualize the guide stages.
  6. By buying ABC-W tokens, the client can: 
  • Trade ABC-W tokens to ABC tokens by means of W12 token-changer and, whenever wanted, move ABC tokens on the trade (the undertaking can set a time of solidifying amid which this trade is denied).
  • Trade ABC-W tokens for their very own supports staying in the task subsidize. The terms of trade change contingent upon the kind of DAO.





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