WINGS will Utilize the RSK Open-source Platform as a Runtime Network for DAOs and a Smart Contract Security Layer for DAO Projects’ Funds

(ZUG, CH — NOVEMBER 16, 2016) — WINGS Foundation (wings.ai), a decentralized platform to create, join and manage decentralized autonomous organizations, and RSK (rsk.co), the company behind the Project codenamed RootStock, a smart contract platform with a 2-way peg to the Bitcoin blockchain today announced their partnership to enable the first generation of DAOs for Bitcoin. The technology partnership provides WINGS with RSK’s platform and access to a federation of over 25 well known companies to provide a runtime environment and federated security for WINGS and WINGS project DAOs.

RSK is the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the Bitcoin miners via merge-mining, allowing them to actively participate in the Smart Contract revolution. RSK adds value and functionality to Bitcoin while creating the most robust and secure smart contract platform in the ecosystem. RSK uses the two most successful blockchain platforms built to date — Bitcoin and Ethereum — to enable new smart contracting capabilities.

“We’re excited to partner with RSK and bring the first batch of DAOs to the Bitcoin Ecosystem,” said Stas Oskin, WINGS Core Developer. “RSK allows WINGS DAO to utilize the most popular and secure blockchain network existing today, while providing the full flexibility of Ethereum Smart Contracts. By utilizing the RSK advanced features, WINGS is able to provide a fast, scalable and secure platform enabling companies to reliably get evaluated by the community, funded and listed on leading exchanges. ”

“The team is very solid and they are approaching the construction of DAOs in a scientific and methodic approach” said RSK Lab CEO Diego Gutierrez Zaldivar. “We’re proud to add WINGS to the growing list of premier blockchain applications powered by RSK.”

DAOs are a new organizational form that allow for contracts between globally distributed participants, bringing another level of productivity and efficiency to projects that can span across borders. WINGS combines the DAO concept with decision-making using decentralized forecast markets, while making all of this easily accessible to anyone with a smart phone. With WINGS, project backers know that DAO technology and forecast markets give projects an added success factor.

WINGS is currently in pre-alpha stage and starting a donation-based crowdfunding campaign on November 18, 2016. The campaign will allow WINGS to realize a fully-functional platform and formation of a decentralized ecosystem to drive the use of DAO technology for use in project evaluation, forecasting, funding and governance.

To learn more about WINGS, please visit: https://wings.ai

To stay in touch and get the latest news from RSK subscribe by visiting https://rsk.com/#contact

About RSK Labs

RSK Labs is the company behind the Project codenamed RootStock, a smart contract platform with a 2way peg to the Bitcoin Blockchain. RSK founders have been actively involved in the Bitcoin ecosystem and smart contract development since early 2013. The company was founded in 2015 and its initial white paper was later published on December 2015. Read more about RSK Labs: https://rsk.co

Twitter: @RSKSmart

MEDIA CONTACT: Ruben Altman, ruben@rsk.co

About WINGS Foundation

WINGS Foundation is a decentralized team of blockchain professionals aiming to bring the decentralized autonomous organizations to the mainstream. WINGS makes DAO technology accessible to entrepreneurs and companies who are looking to leverage the global reach of bitcoin and other blockchains for project funding, the power of swarm intelligence powered forecast markets for higher quality decision-making, the versatility of smart contracts for a global decentralized agreement framework, and the ease of use of the instant messengers for audience reach. For more information, visit the WINGS website at https://wings.ai.

MEDIA CONTACT: Dominik Zynis, domi@wings.ai

Participate in the WINGS backing campaign

A kind reminder that the WINGS campaign is now live and reaching nearly 1500 BTC of support. Join the community of over 1000+ who will be new WINGS DAO members in 2017! Https://fly.wings.ai