W12 - full transparency in the charity market

The last time you donated money to some charity is when and where you ask yourself, and think your $ 10 has done a great job yet? But it probably never happened. And the last time you looked at the market for capital mobilization from the community without complaining about what it was experiencing?

Mobilizing capital from the community is no longer what it must be. Not too many people stop to think about why there is so much suffering in this world when alone the charity market with 800 billion dollars, and prosperity in the capital mobilization market from the community. Is there a way to solve its main problem. The reason for continuous sluggishness is simple - because the money for charity is not being watched enough, making people hope that likes on Facebook will provide the poor in Africa, and the market. The community mobilizes capital from the lack of sustainable development and accountability.

The foundation of many responsible and noble projects these days is the community mobilization market. And the fact is that it needs to be improved. In fact, it really needs a stable and sustainable solution, which allows responsible fundraising projects and donors can see their contribution through transparency and Responsible for the part of the project they are willing to help. There are very few alternatives at the moment but the recent wave of blockchain innovation has created a hope for some solutions. The immense and extensive infrastructure development that the blockchain proposals have generated has led to a number of projects, such as W12, combined with the philanthropic market, provides a platform that serves as the infrastructure for thousands of projects, a diligent eye and a fundraising system.

All the essence of It

Sure, there is a good foundation for organizing organizations and providing them with the tools they need to operate as well. But more important is to attract the trust of the audience. Unlike centralized platforms, organizations and banks have many loopholes to lose money, blockchain automatically removes intermediaries, commissions, and other challenges that prevent uninterrupted transfers. limited. That creates a trust, but the W12 has taken a step further in its effort to contribute a helping hand to projects by creating its own technology framework based onOne of the most detailed routes available . And that creates the notion that the W12 is really working on a platform for a whole new generation of community capital mobilization.

One might ask, how does the W12 buy user trust and attract them to projects based on it? Add a bit later, but the facility is solid because it is founded on one thing that all projects depend on and one thing they will fulfill their promise by - money.

The W12 protocol includes templates for intelligent contracts and a network of oracles that monitors the execution of the route phases of projects placed on its basis, since that is the only way that the project The project will receive the money it manages to raise funds from the community. As a leading project team, the technology used by W12 reduces risk, eliminates the need for intermediaries, reduces costs, protects against fraud, and improves transparency across organizations. charity, ICO, STO, mobilizing capital from the community and other markets.

The project has a reasonable business model when W12 charges commissions for user protocol transactions through the use of the W12 ERC20 Card. The more W12 cards are used in the transaction, the lower the commission. In addition, the integration of exchanges and wallets allows projects to be placed on platforms that can distribute their cards to those holding different user accounts of the ecosystem. This model is quite reminiscent of the rating scale with high-level account holders able to receive the token of hundreds of projects for their contributions.

Application in Our World

By its very nature, projects that seek to accomplish goals, and mobilize capital from the community are the ways they do it. But the assurances are quite ambiguous that users have been trying to find ways to stay away from scams that have fallen and led to a squeak in the market for mobilizing capital from the community. That leads to a rational conclusion that the problem is not even in projects, but in operations as their infrastructure, namely - the main market for mobilizing capital from the community. If a structure is rebuilt and projects can raise funds, many markets will get a boost, such as a charity market.

We all want to see the impact of our donations on life, but 96% of projects never reach any milestone they have promised. Since more than 50% of the charity does not reach the recipient, hundreds of billions of dollars are lost. By relying on the W12 protocol, as the project team states, each participant will be able to monitor and control funds, as well as assess the impact of the contribution, for example on the project. Charity, It really looks like one of the few cases actually applying the smart deal and blockchain technology in life with positive influence.

If trust can be ensured, the only way to do so is to ensure that donations for projects are spent for intended purposes or returned to donors. Obviously, the W12 also considered that, as it promised to return the money in case the project failed at any stage of its development.

This approach can be applied to any project that is based on the platform and is the only way they will receive the money by fulfilling the promise and actually doing something, whether it is creating a productive to provide services or to change the world better.

Yays and Nays

Many people talk about accomplishments and hype as a key success point for a project in the blockchain industry. But, the reality will be different. If a project does not have a real product, working with real world applications, it's even wasted even when reading it. The W12 project has a separate blockchain and a product that can be tested in demo mode with test cards. The group also promises mobile applications that allow donors to track their donations in real time and receive feedback from people who have received help from their money, such as messages and emails with the knowledge. Thank you. They have also built up the internal market and THE PRODUCT , their code is solid and they have had several dozen projects. register and be ready to manage the sale of their cards on the platform.

Popularity is also important, so the W12 has built 20 active international communities with more than 90,000 participants and has received around 200 reviews in a number of languages, pole. The W12 project was also recognized, as it held the first place and the best ICO project at the World Blockchain Forum in New York , went to the Icorace Finals in Switzerland after being selected by the judges. Of the 140 ICO and W12 projects noted by the Silicon Valley Experts at the Blockchain Economic Forum in San Francisco.

However, transparency is the key to building trust, something that is provided by blockchain and enhanced by the fact that W12 assures their donors that their money can be returned in the field. Project failures, meaning it will not be beneficial for scams to stick their noses onto the platform and wasting time and money to finish with zero. Another fact that builds trust in the W12 is that it gives money to projects when the achievements are actually proven and verified by an oracle network.

But not all sugar, spices and everything is fine, because the W12 has some competitors like Philator and Giveth.io, both having similar services. Although it is true that the W12 has significant advantages over many projects, such as a wide range of meat features, the fact remains that there is still a long way to go before reaching the necessary popularity and foundations. Trustworthiness really starts to benefit.

Another noteworthy point is that given a hint of a shadow in the project is the unproven concept of its work and promises to declare a significant portion of the market in 5-6 years with its solution. Such statements appear to be speculative, but that is what most cipher markets have in place.

Economic card

There is no comprehensive economy, no project worth its salt. And W12 is Salt Lake City when it comes to that because the W12 Card allows users to purchase the cards of any project that is based on the W12 platform. W12 cards will be used as fuel in a network of decentralized oracles . Customers will need a W12 card to encourage Oracles, while Oracles will need a W12 card to validate digital contract performance and receive rewards from the network.

With the freezing time and the opportunity to receive the cards of dozens of projects on this platform is a significant increase in attractiveness to the W12 Card as long-term portfolio additions. And although the price of ETH is currently at a disappointing low, the W12 only wins when its price is fixed, meaning it can now buy twice the W12 compared to the ETH.

In summary

With the desire to create a well-controlled and sustainable community fundraising platform in the future, to include a $ 800 billion charitable market, technology operations and multiple relationships W12 seems to be one of the best options. It is also a human way of helping the world by helping projects want to have a better place through the development of their products and services.

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