WINGS Liquid Airdrop

Liquid airdrop of over 1 Million WINGS

One of the mantras of WINGS is that anyone from around the world can join WINGS and work their way up in the WINGS global reputation system for conducting due diligence, ratings and valuations of deals. We believe that over the long term this can benefit both those who fund deals as well as those who seek to get deals funded by creating a global workforce of dedicated analysts who market participants can trust to provide the best, most reputable, the most transparent crowd sourced AI data on projects seeking capital or selling some utility.

Whether your business seeks to provide capital for ICOs, fund movies, music concerts, or just fund/sell real world products, you’ll be able to plug into WINGS contracts and get a trustless system for tapping into your community members around the world to coordinate revenue forecasting and execution.

But first we need a way to get WINGS into the hands of the right people. We don’t believe dealing with 100s of exchanges is efficient for this. So we’ve designed this competitive airdrop that we hope will go on for many years.

Forecasting the Forecaster: Liquid Democracy / Liquid Delegation

One of the big features of WINGS as outlined in the white paper is the ability for those who are hodlers to re-allocate their WINGS to other participants based on analysis of their ability to perform as project evaluators.

It’s a sort of management-like capability of re-allocating WINGS to the best performers or new entrants without the need of exchanges which only add friction and transactional costs. Those holders of WINGS who take on this task rather than analyzing projects can split rewards with their delegates; thus, earning a sort of management rent, if you will, by lending WINGS.

The Liquid Airdrop of Over 1 Million WINGS

In order to highlight the use of the WINGS delegation technology we aim to delegate a total of 1,032,000 (1.032% of total) WINGS. We are calling this a liquid airdrop combining the concept of airdrop (giving away something) with the concept of liquid democracy (the shifting of representation).

Each quarter we will take 256,000 WINGS and delegate them to 4096 Ethereum accounts (62.5 WINGS each). And based on a Hunger Games style competition those 256,000 will eventually be delegated to one person for 11 months. If there are less than 4096 delegates to start with in a round then the end prize will be less, hence it is to your benefit to ensure that enough people compete so invite your friends and family!

Note that some people with as little as about 5000 WINGS have earned about $20,000 in coins for just 1 very good forecast. So if you are a rock star with 256,000 WINGS for 11 months you can probably earn more Lambos than you will ever need.

The Golden Eagle Competition

Each month there will be a culling to find that one forecaster with uncanny ability: 50% of the worst performing delegates will have their delegated WINGS returned, and those will be assigned to the top 50%. Meaning that if you remain your delegated WINGS double each month!

Hence you can expect the following liquid airdrop schedule assuming a starting point of 4096 delegates:

month: 62.5 WINGS months: 125 WINGS months: 250 WINGS months: 500 WINGS months: 1000 WINGS months: 2000 WINGS months: 4000 WINGS months: 8000 WINGS months: 16000 WINGS months: 32000 WINGS months: 64,000 WINGS months: 128,000 WINGS

WINNER takes all 256,000 WINGS from 13–24 Months; they are returned to the Foundation for a new round during the 24th month.

Winners who complete at least 100 forecasts in the following year will earn a gold lapel pin based on this design as a thank you for their service and which represents the highest honor the WINGS Foundation will ever give: Order of the Golden Eagle.

How To Qualify

Generate an Ethereum account seed phrase at https://wings.ai dapp by clicking here (or use one that already has some Forecast Rating score):

Make sure to save your 12 word phrase in safe place!

2. Join rewards.wings.ai and add your Ethereum address that corresponds to the seed phrase you generated in step 1 here:

3. Join one of the WINGS telegram channels: https://t.me/wingschat (English), https://t.me/wingschatru (Russian), https://t.me/wings_china (Chinese), or https://t.me/Wings_Espanol (Spanish)

4. In rewards.wings.ai click the add “+” button under ¨bounties¨ and choose “Golden Eagle Competition”. For URL use any of the following: Twitter profile or LinkedIn profile. Note we may contact you to check if you are a real person.

5. Ethereum addresses who have followed these steps and with the highest FR scores 1 month prior to the airdrop will get first come first serve access to the 4096 open slots for the first WINGS Liquid Airdrop.

6. Up your ranking in the 4096 by gaining Forecast Rating points at wings.ai

We anticipate WINGS delegation to go live in production in 2019 (edit); this program will launch within 45 days of delegation go live.

*****If there are less than 4096 delegates to start with in a round then the end prize will be less, hence it is to your benefit to ensure that enough people compete so invite your friends and family!*****