W12.io has successfully completed the first early stage of pre-sale

JOO CHIAT, Singapore - July 24, 2018 - PRLog -- Due to the latest market conjuncture, the subsequent structure of the project's token sale has been amended by the team. In addition, it was decided to lower total hard cap from 30,000 ETH to 22,500 ETH by optimizing the roadmap and development costs in order to leave more space for further token economy.

Early pre-sale
End date: July 20, 2018 or when hard cap is reached (whichever is earliest)
Discount: starting at 25% / up to 15%
Token value: 0.0002625 ETH - 0.0002975 ETH
Hard Cap: 3,000 ETH

Private sale
Start: August 1, 2018
End date: October 15, 2018 or when hard cap is reached (whichever is earliest)
Discount: starting at 15% / up to 5%
Token value: 0.0002975 ETH – 0.0003325 ETH
Hard Cap: 14,500 ETH

Crowd sale
Start: November 1, 2018
End date: December 12, 2018 or when hard cap is reached (whichever is earliest)
Retail price: 0.00035 ETH
Hard Cap: 5,000 ETH

All tokens not sold during the token sale will be burned forever. Tokens allocated to the team, founders and advisers are frozen by a smart contract for 2 years.

Recently, W12.io has significantly improved the solution and expanded the scope of its application.

«Having started the integration from the ICO market we discovered that the scope of application for our solution is much bigger. W12 is the pure continuation to the idea of decentralization in the modern digital economy, acting to reduce the need to trust one another for parties when making any kind of agreement» - W12 Project Founders, Oleg Sharpatiy and Andrey Granovskiy.

Today, W12 presents the concept of a Peer-to-Peer Digital Contract System

In addition to the ICO market, solving the problem of mistrust between token buyers and ICOs, the W12 solution is also planned for integration in to the following markets:

-        The GIG (Freelance) Market

-        P2P E-commerce

-        Charity Market

-        Crowdfunding

-        Construction

-        And many others.

More information on use cases and integration can be found in the project's White paper.

The total volume of these markets is currently estimated at more than $15 trillion USD. Moreover, the problem solved by W12 is one of the largest existing problems in the traditional economy. The W12 solution significantly improves on existing centralized analogs, offering the market a transactional model with a commission of only 0.5%.

To maximize the effective implementation of this solution, the team will launch its own blockchain based on the proof-of-authority consensus, a protocol that allows users to create peer-to-peer contracts and a decentralized oracle network that confirms the execution of the milestones in contracts and the transfer of funds to the other party of the deal in accordance with the conditions set within it. The W12 solution will allow to save the privacy of contracts signed by the parties, reduce the cost of creating and executing digital contracts, and also reduce the cost of storing data in the blockchain.

"You push the button, sign the contract, transfer funds and the contract is automatically executed without the need to trust the counterparty or any other external institutions." – present the simple model of the product Oleg Sharpatiy.

The W12 Solution has been already recognized in a number of international conferences in June. It is expected that it is can become one of the basis for the integration of blockchain technology in the traditional economy.

·       1^st place and the best ICO at World Blockchain Forum, New York.

·       Finalist at Icorace, Switzerland (selected by a jury among 140 ICOs).

·       W12 was marked by Silicon Valley experts at the Blockchain Economic Forum, San Francisco.

Media:

Company name: W12 Pte. Ltd.

Email:  l.siurina@w12.io; oleg@w12.io;

Country: Singapore

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

Token sale link: https://tokensale.w12.io

Telegram EN: https://t.me/w12io