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W12 is an open protocol for the creation of DAOs. The protocol consists of smart contract templates (no programming skills required), DAO governance and a decentralized oracles network that controls the execution of the project roadmap and milestones.
The W12 solution is a tenfold improvement over existing centralized analogues, offering the market a transactional model with a commission of just 0.5% (instead of 4-20%) which can be integrated with existing platforms and enterprises on each available market.
For the effective implementation of this solution in the traditional economy, the team will launch its own blockchain based on the proof-of-authority consensus with the ability to guarantee the privacy of contracts signed by the parties, the low cost of executing digital contracts and the storage of data in the blockchain. In addition to this, W12 provides a decentralized oracle network, audited and trusted stable coin, and a protocol allowing users to create peer-to-peer digital contracts. The W12 solution allows us to reconsider the role of the state as an arbiter in relations between parties and to relieve part of this capacity from state institutions, shifting it to peer-to-peer digital contracts and self-regulated decentralized organizations, thus creating the basis for building a decentralized digital economy.
(Obtained from ICO Whitepaper)
Whitelist and KYC
Pre-Sale Starts1st August 2018
The ICO/Token/Coin pre sale opens
Happened: 2 Years, 7 Days ago
Pre Sale Ends15th October 2018
The ICO/Token/Coin pre sale closes
Happened: 1 Years, 9 Months, 24 Days ago
Sale Starts1st November 2018
The ICO/Token/Coin sale opens
Happened: 1 Years, 9 Months, 7 Days ago
Sale Ends15th February 2019
The ICO/Token/Coin sale closes
Happened: 1 Years, 5 Months, 21 Days ago
TODAY8th August 2020
Current Status: Ahead of Schedule