How it all began

WINGS started with the idea that the emergence of decentralized organizations powered by blockchains and smart contract will one day provide vital services to society. However, it became quickly apparent there is a difficulty for main-street people to get involved in decentralized autonomous organizations (DAOs) or tap into decentralized applications (Dapps).

Early in the beginning of the lifecycle of any DAO and related DApps is the funding and development governance process, followed by user engagement and governance. WINGS intends to lower the barriers early in the lifecycle of these types of blockchain projects to ease involvement and adoption not just by the early group of innovators in the space but early technology adopters so that DAOs and their related Dapps have a real chance at hitting the inflection point of critical mass.

Incentivizing Crowds of Experts

The plan is to achieve this is by enabling and harnessing the current contingent of crypto innovators (you are likely one if you are reading this) to manage the vetting, funding and early governance processes of DAOs. Luckily, the number of crowdfunds on the Ethereum network appears growing exponentially, so we intend to harness the wisdom of crowds, thus bringing an added layer of scrutiny to projects, and providing the necessary social trust layer for the next group of early adopters.

As a result of putting forward this vision, in January of 2017 WINGS Foundation concluded a donation crowdfund gathering nearly $2 million from about 1300 donors and over 4000 people who donated their time to various tasks.

While in the legacy world we rely on trusted relationships with banking analysts, investment advisors and reputable ratings agencies to make decisions around capital allocation, in the blockchain generation we now have developed the technical capability to incentivize and extract artificial intelligence by way of large swarms of experts from around the world (by way of smart contracts on Ethereum) with a transparent reputation system (WINGS forecast rating) to provide value-driving feedback to projects, forecasting on their success, thus providing market sentiment and lowering risk for those who wish to commit their assets or time.

The WINGS DAO is designed to align people who have no reason to trust each other on evaluating deal flow simply by rewarding them for being accurate through immutable smart contracts, and so we hope over time the WINGS DAO will add a new superhuman power of crowd AI to how we allocate money as investors, donors or buyers.

WINGS Token Contract

Today, we are pleased to announce that the WINGS token contract, after finishing audits from three groups is online on the Ethereum mainnet.

Verified WINGS token on Etherscan:

Accessing WINGS Tokens

There are several ways to access WINGS for the basic coin transfer functionality, this can be achieved by way of myetherwallet.com, for detailed instructions head over to:

It also possible to use Parity, by importing the private key (which was previously exported via Alpha).

Securing WINGS with the Gnosis Multi-signature Contract

Securing WINGS with the Gnosis Multi-signature Contract

WINGS Foundation has designed the WINGS token contract to be compatible with the new Gnosis multi-signature wallet, that can be used with Parity, Metamask, or Mist wallets. More instructions on how to secure the tokens will follow.

WINGS Trading

We have been listed on Bittrex right after the launch! You have the choice to trade with Bitcoin:

or Ether:

Liqui also have switched from IOU to the launched token.

Other exchanges are in process and will be announced as they come online.

WINGS Platform Launch Schedule

The WINGS system, which will gradually launch on the Ethereum network over the next several weeks, will first create a system where WINGS forecasters gain a reputation for accurately forecasting on other ICOs; with correct forecasts rewarding the forecasters with the particular project tokens.

Such a system will encourage forecasters to share their forecasts with their social network, thus providing an added social communications channel. Additionally, as the forecasts data is made public, on later forecasts it could be segmented by rating scores and enable the emergence of WINGS analysts who will gain a following among the project backers. Who will be the next Cramer?

Adding ICOs or Crowdfunds to WINGS

Initially, WINGS will offer a basic crowdfunding contract as the Foundation tests best in class concepts from ICOs from the last 2 years and implements them to be customizable and flexible. If your group is developing an ICO or crowdfunding contract and wish to engage the WINGS DAO for evaluation, forecasting and promotion, please get in touch with one of the Foundation’s staff. For select opportunities, we will cover the cost of auditing your ICO contract code by one of our auditing partners.

The future crowdfunding contracts in the ICO library are inspired by some of the recent notable ICO’s; more about this will be written in a coming post.

Thanks

We want to extend a big thank you to all of the people who have supported us thus far, and look forward to providing a system that will make possible the evaluation and fundraising of the next generation of blockchain projects.

We close with our more recent presentation at Blockchain Day in Oslo, Norway: