Blockchain is a trending topic in mainstream media, this is not because of bitcoin but the features that makes blockchain technology work, they include distributed ledger technology and smart contracts, this feature can be applied to business processes to improve their efficiency and effectiveness.

Smart contracts and distributed ledger technologies are very useful because they improve traditional modes of contracts and records keeping, this is because blockchain records are immutable and the mode of records keeping is distributed in a network to improve its security and accessibility.

Smart contracts are most promising because the will be applied in many industries, smart contracts on the blockchain are immutable and can be processed automatically in a decentralized business environment. Businesses using smart contracts promoted confidence in their business transactions.

The investment industry has been centralized with rich individuals and large organizations benefiting from banks and financial access to funds towards investing, with the promise of blockchain technology the financial industry has been decentralized allowing even investors with a small investment budget participate in blockchain investments. One of the projects aiming to help the investors and blockchain projects is W12, they plan to revolutionize blockchain investments through empowering investors by creating a marketplace of ICO with phased investments.

Problem

Despite the growing number of blockchain projects, most don’t reach teir milestones and investors lose funds in the process, this is one of the challenges W12 plans to solve this problem. Around 90% of projects raising funds in the blockchain marketplace are scams and the founders have no intention of realizing the projects goals promised to investors.

The founders may experience management problems for lack of business skills, resulting in poor distribution of tokens that lowers the value of the tokens and this affects investors who raised funds and invested in the project.

W12



W12 is an innovative project that plans to solve these problems through enabling trust between project founders and investors, they plan in providing a solution to these problems by creating smart contracts between investors and blockchain project founders through a decentralized network that ensures execution of the projects promises securing investors and empowering blockchain projects founders.

W12 SMART CONTRACTS.

W12 smart contracts are made between investors and ICO project founders through a consensus agreement that prevent fraudulent projects from tackling advantage of investors through fraudulent promises reducing the risks of investors losing their funds by 99.95 through automated reporting and transparent use of funds.

The smart contracts releases funs to ICO project founders in trenches according to the projects roadmap and ensures proper use of funds, previously this was done all at once allowing ICO Founders access to a large amount of funds that they would have used to solve other problems not previously discussed with investors. W12 contracts are made to release funds in tranches and funds are released after completion of the first tranche, this will allow investors be able to decide whether to release funds towards the next phase of developments according to the projects development performance and achievements ensuring investors funds are protected ad they have control of the funds.

A decentralized community of experts will analyze the projects development cycles and alert investors of any fraudulent move founders might make, the risk on investments is minimized by 99.9%. This form of arrangement will promote trusts between project founders and investors enforced by a smart contract that manage portfolios of investors.

The smart contracts through W12 will eliminate middlemen between the parties involved and this will reduce the costs of operations where smart contracts are automated and stored in a secure network and activated in tranches that promote projects growth and ensures investors funds are protected.

W12smart contracts will be stored in the secure W12 network where they can be accesses by the parties involved, the contracts are immutable and through the use of tranches the funds are protected from fraudulent investments. Smart contracts eliminate the needs of lawyers to enforce business agreements between investors and ICO Founders. The smart contracts attract only a small processing fee that is cost effective even on micro investments.

W12 smart contracts are automatically processes increasing their convenience and processing effectiveness, this will allow investors to invest into ICO projects with a mix of security and allow investment management through tranches which release funds when needed and after ICO founders ensure proper use of funds.

TOKEN SALE AND ICO

W12 is currently running an ICO to raise funds for the development of the platform, Investors will be able to hold W12 Tokens as security of their investment. Below is a chart for your education purposes.





Conclusions.

ICOs need W12 smart contracts, the business model that allows the release of funds to ICO founders in stages promotes trust between investors and ICO founders, as an investor in ICO project and as a veteran who understands the number of fraudulent moves of funds mismanagement this is a highly welcomed projects that will empower the growth of blockchain technology and protect investors.

References



Website: https://tokensale.w12.io/ru/

Whitepaper: https://tokensale.w12.io/W12-en.pdf

Facebook: https://www.facebook.com/w12.io/

Twitter: https://twitter.com/w12_io

Telegram: https://t.me/w12io

Medium: https://medium.com/@w12_io

Reddit: https://www.reddit.com/user/W12io/

Linkedin: https://www.linkedin.com/company/w12io/

Ann thread: https://bitcointalk.org/index.php?topic=3220425.0





Author: arlinxoha

BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1034783





