THE SYSTEM AS A WHOLE- ALL ABOUT W12 NETWORK

In this kind of Project deposit, the setup of the milestones in digital plans is verified simply by token buyers. Each token customer acts separately and makes a great independent decision about the setup of task milestones. At the time of each job milestone, each token buyer makes a decision whether to continue funding the job or to make a refund. If the small buyer states that the milestone has certainly not been executed, he can return the unspent sum of funds.
In the second type of Project money, the execution of the milestones in the digital contract is confirmed by independent oracles from the W12
network. If the oracles decide that the project will not meet the specific milestone, they suspend the release of cash to the job until the milestone is done. In this case, each token buyer can choose to receive a refund of the unspent amount of funds.

In the third type of Project fund, the execution of the milestones in the digital contract is confirmed by 51% of token clients. The excess fat of the voice is proportional to the number of bought tokens. The absolute majority (51%) is certainly established by the number of participants who exactly voted. To decide on the suspension of job funding, at least 20% of tokens buyers must have a part in the voting.

The Oracle Network:
Oracles - reputable people from different areas (lawyers, notaries, financial consultants, and others) who also transmits verified information from the alternative world to the blockchain and action to confirm the execution of cases programmed found into good contracts. When creating an original deal, the functions happen to be called to build the number of oracles employed to confirm wise deal situations and their qualifications.

When creating a good, clever contract, the get-togethers are permitted to establish the number of oracles employed to confirm intelligent contract situations and their skills.
All oracles undergo confirmation of id and complete a KYC method.
Each Oracle independently assigns its fee in the T12 bridal party, which he receives for deciding (confirmation of a procedure).
The more oracles that have a portion in the confirmation of a procedure, the larger their rates, the higher the T12 gas usage.
When creating a good smart agreement, oracles are arbitrarily chosen from the decentralized W12 network in line with the given conditions.
In the primary type of the job finance, 12 oracles happen to be arbitrarily picked. The decision not to perform the level requires 7 or even more votes. If one of the oracles cannot win an election, afterward it is certainly substituted by a save one. When creating an organization, the initiator can state a different number of oracles in the program, as well as the number and % of the oracular ballots of the total amount, wanted to generate a confident decision.
With the support of voters, the oracles elect the chairman In assignments where parties needed the audit of milestones execution, the Chairman selects the categorizations of expected auditors and begins the painful. The winner of the yield of the auditors is normally established by the election of all oracles. The volume of funds allocated for the audit is placed by each job before it starts. The oracles decide based mostly on the data given by the auditors and the project roadmap.
Found in a good scenario where the oracle provides chosen that the task does certainly not complete the level, the token purchasers have got the opportunity to go back their funds within a given period length. If the small consumer has certainly not returned their cash, the job receives a part of the task funds to financing the future stage.
W12 gas is utilized to give for the function and routine service of the Oracle network. The project independently determines the quantity of petrol it again intends to work with on the Oracle network. The higher the gasoline utilization - the bigger the possibility of appealing to the virtually all professional oracles for the job.
Auditors auditing the phases of the highway map receive repayment from the job account (proven by the job before the commence of its expression deal).
W12 Mission:

To create an environment and a decentralized infrastructure where trust between
parties in not necessary in any type of the deal and all controversial issues can be resolved quickly,
transparently and rightfully.

W12 Vision:
To become the largest global platform that will change the established centralized ways
of attracting finance, that are currently limited by geographical and political frameworks. To provide
every investor in the world with a decentralized solution that will building a global world future.

Token info

Token W12
Platform Ethereum
Type ERC20

PreICO price1 W12 = 0.0002625 ETH
Price in ICO1 W12 = 0.00035 ETH

BONUS

Pre-sale 33-20%
Crowdsale 15-0%
Tokens for sale 240,000,000

Investment info

Min. investment 1.5 ETH
Accepting LTC, BTC, ETH
Distributed in ICO 60%
Hard cap 22500 ETH

ICO Market Development Vision

Despite the fact that the ICO market is growing so rapidly today, there is still no easy way to buy
tokens at the ICO stage of a project without significant risks. At the same time, the cost of raising
funds for projects is increasing; with considerable costs going to marketing, hiring consultants, and
financing technical assistance, which has a high negative impact on their implementation.

Roadmap

Quarter IV, 2017
Customer development, market research and project development.
Team meeting.
Platform architecture development.
Terms of Reference development and starting the marketplace development.

Quarter I, 2018
The alpha version of the W12 marketplace.
Terms of Reference development and the W12 blockchain protocol prototype development.
+100 projects will be added to the W12 marketplace.
Creation of project rating system.
Creation of token buyer training scheme.
Creation of landing page for implementing the W12 crowdsale.
Company registration in Singapore.
Start creating the project community.

Quarter II, 2018
Registering the W12 token buyers as White List participants.
Launching advertising and PR campaigns of marketplace and W12 token sale.
Implementing the Pre-sale of W12 tokens.
Development of the W12 blockchain protocol for issuance and sale of project tokens (with a phased disbursement of funds):
smart card templates for issuing tokens by projects.
DAO project fund with the possibility of voting by the token buyers.
web interface on W12 marketplace for projects to fill in the parameters of their crowdsale.
confirmation blockchain transations service (ETH, LTC, BCH, ETC, ADA, XLM).
Testing of W12 marketplace.
Start of assigning a project rating by the platform users.
Adding new features to the marketplace (Sandbox functionality, services and experts sections, bounty cabinet, further development of the Personal office).
Creation and A/B testing of high-converting landing pages for token buyers and project registration on the platform.
Adding at least 300 projects to the marketplace.

Quarter III, 2018
Launching and conducting W12 crowdsale.
Listing the tokens on exchanges.
The W12 protocol additional features development:
for selling tokens issued by projects outside the platform.
adding more cryptocurrencies to be used to buy project tokens.
automation tool to deploy smart contracts for the Ethereum blockchain.
Testing of the W12 blockchain protocol.
Audit of the W12 blockchain protocol.
Audit of the W12 platform security system.
Developing additional functionality of W12 marketplace, adding pay services for projects.
Start of developing mobile marketplace application on Android and iOS.
Launching the beta version of W12 marketplace.
Advertising and PR campaigns of W12 marketplace.
Architecture development and Terms of Reference development for an exchange.
Partner agreements with private experts and rating agencies for scoring the platform projects.

Quarter IV, 2018
Launching the development of an exchange to provide liquidity and free token listing for the projects having completed the ICO on the W12 platform.
The first version of mobile marketplace application on Android and iOS.
Launching a fully functional W12 blockchain protocol.
Launching a service for buying ETH for fiat currencies (to further buy project tokens for ETH).
Advertising and PR campaigns of marketplace and mobile application.

Quarters I and II, 2019
Organization of the series of conferences and events all over the world to attract token buyers and projects.
Adding at least 300 projects to the marketplace.
Launching a service for buying major cryptocurrencies for fiat currencies.
Ongoing development of the exchange and PAMM accounts, adding new functions to the marketplace and the mobile application.o
Launching a scoring system providing the expert’s voting power being determined by the results of his projections and the real increase in the price of the token.
Testing of mobile W12 marketplace applications.
Mobile application security audit.
Release of a full-featured mobile marketplace application.
Signing partner agreements with cryptocurrency exchanges.
Advertising and PR campaigns of marketplace and mobile application.

Quarter III, 2019
Launching own exchange and platform for creating PAMM accounts (transfer of funds to trust management).

For more information about the investment projects please visit:

Website: https://tokensale.w12.io/?utm_source=bounty&utm_medium=bitcointalk&utm_campaign=blog
Whitepaper : https://tokensale.w12.io/W12-en.pdf

Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1957113