Last Updated on October 8, 2018 by CryptoCreed
W12 ICO and project details
W12 is the open Blockchain protocol for creation of simple and fast smart contract. You may plan to launch ICO or any project which may require smart contract. And that time you have to hire developer and have to pay them some extra money. W12 is here solving all your problems. W12 is the platform where you can develope or create own smart contract for your ICO or project. It is much more easy as you think.
W12 is easiest way to develop smart contract. Why to pay extra when you are getting same thing at low price. W12 platform includes not only smart contract , it has DAO governance and decentralized oracle network. You can use W12 platform to raise funds for any of your campaigns like for your ICO (utility and security), Charity or any other crowdfunding.
Oracle network on W 12 assure funds safety and project progress. Investors are able to release funds when they find decided milestone reached or not. You don’t need any programming or technical knowledge to use W12 platform. W 12 platform is easy to integrated with the projects which are already running in market.
There are some projects which are same functions like W 12 has but according to w12 white paper they are better than others because of their some attractive features.
Below are those features:
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).
For new project it is easy to attract more investors because of success of W12, which helps in saving extra funds and time.
Creates infrastructure for the decentralization of capital and establishes a new standard for safe investment in projects.
Enhances early-stage project investment yield more than tenfold through the purchase of tokens and reduces risks for investors.
According to whitepaper, currently the biggest problem in ICO or crypto market is of scam projects and ICOs. To remove such scams ICO owners can choose w12 for their ICO and investors can trust w12 because they release funds only if you are agree to release.
For more details on how it works and other problems and solutions which will perform by w12 team can read on their whitepaper.
Token specification and ICO details:
Token type: Ethereum
ICO start date: 01/nov/2018
ICO end date: 12/dec/2018
Soft cap: 3000 ETH
Hard cap: 22500 ETH
A rate of a token (ICO): 1 W12 = 0.00035 ETH
Min purchase: 1.5 ETH
Accepting: ETH, BTC and LTC
KYC required: YES
Bonus: Up to 33%
Token distribution details:
Team & Founders: 15%
Reserve funds: 15%
Early long term investors: 5%
Integration with partners: 2%’
Bounty and other marketing: 2%