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Author Topic: WINGS ★ Where DAO Unicorns Are Born! ★ Token launched!  (Read 396993 times)
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May 26, 2016, 07:23:28 AM
 #201

There will be a PR out soon with Bitmain official endorsement
We are waiting
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May 26, 2016, 07:27:12 AM
 #202

ok ok
but

bitmaintech.com is not bitmain.com

I've used the short company name, I naturally meant Bitmain Tech Ltd.

From the About page, bitmain.com now also belongs to Bitmain Tech Ltd.:
https://enshop.bitmain.com/about.htm

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May 26, 2016, 08:47:00 AM
 #203

what's your business model? Grin

As mentioned before, each DAO launched on the Wings DAO platform will issue a portion of it's tokens and purchase funds (defined by the DAO creator at the DAO launch), with part of it's tokens going to Wings tokens owners, and part going to ChainLab (company behind Wings).

Exact numbers will be described in the whitepaper.

I would like to suggest that you give DAO creators the option to 'buy out' Wings token holders, therefore paying a fee in bitcoin / ether rather than giving tokens. The reason for this is because some creators may not want the voting power of tokens going to people who have no interest in their project or insufficient expertise to make informed decisions in regards to its future - they may prefer to control the initial distribution to get a highly engaged and knowledgeable group of token holders (eg Bitsquare is considering launching a dao, but are looking at giving tokens to people who contribute rather than selling them in an ico style sale) but these people may still be willing to pay for the service Wings provides.

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May 26, 2016, 09:22:47 AM
 #204

If it will be like lisk iam in it.

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May 26, 2016, 09:28:17 AM
 #205

so when is ICO going to began

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May 26, 2016, 09:55:31 AM
 #206

i will keep my BTC for this project,,

i'm tottaly in  Cool

hope this project will be better than another

 Cool


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wings.ai
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May 26, 2016, 11:19:04 AM
 #207

I would like to suggest that you give DAO creators the option to 'buy out' Wings token holders, therefore paying a fee in bitcoin / ether rather than giving tokens. The reason for this is because some creators may not want the voting power of tokens going to people who have no interest in their project or insufficient expertise to make informed decisions in regards to its future - they may prefer to control the initial distribution to get a highly engaged and knowledgeable group of token holders (eg Bitsquare is considering launching a dao, but are looking at giving tokens to people who contribute rather than selling them in an ico style sale) but these people may still be willing to pay for the service Wings provides.

This is where the ability of the DAO creator comes in terms  of setting the portion DAO tokens to give vs. the portion from collected funds. The creator will have a scale and be able to set how many X% DAO tokens will be issued for the Wings tokens holders, and how many Y% from the collected funds will be paid to the holders.

We also closely following and considering the new DAO emerging models such as futarchy (as it employed in Augur for example), where the DAO members are encouraged by the system to participate in the decision making.


This will be outlined in the white-paper, and we will be naturally open to the community feedback.

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May 26, 2016, 11:32:41 AM
 #208

I would like to suggest that you give DAO creators the option to 'buy out' Wings token holders, therefore paying a fee in bitcoin / ether rather than giving tokens. The reason for this is because some creators may not want the voting power of tokens going to people who have no interest in their project or insufficient expertise to make informed decisions in regards to its future - they may prefer to control the initial distribution to get a highly engaged and knowledgeable group of token holders (eg Bitsquare is considering launching a dao, but are looking at giving tokens to people who contribute rather than selling them in an ico style sale) but these people may still be willing to pay for the service Wings provides.

This is where the ability of the DAO creator comes terms in setting the portion DAO tokens to give vs. the portion from collected funds. The creator will have a scale and be able to set how many X% DAO tokens will be issued for the Wings tokens holders, and how many Y% from the collected funds will be paid to the holders.

We also closely following and considering the new DAO emerging models such as futarchy (as it employed in Augur for example), where the DAO members are encouraged by the system to participate in the decision making.


This will be outlined in the white-paper, and we will be naturally open to the community feedback.

Oh, nice feature, thanks for the info.

Looking forward to reading the whitepaper. I'm somewhat sceptical about futarchy because a) It heavily depends on the question you ask the market and will tend to give one-dimensional results (i.e. it will only consider factors explicitly included in the question and may therefore exclude crucial extraneous factors which would otherwise inform decision making) and b) I've not yet seen a convincing argument why people with vested interests wouldn't be able to manipulate the market to suit their own agenda. But its certainly an interesting area that's worth following, and I'm open to being convinced that I'm wrong about it.

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May 26, 2016, 02:44:36 PM
 #209

Depending on how the smart contracts were built and how the DAO was run, you could always have the decision making and investing process be isolated to an actual team of expert advisers who know more about venture capital and then allow voting rights on an annual or bi-annual basis on whether or not to retain each "adviser". This would have the DAO token holders functioning more as a board, but retain the ability to have the money in the fund managed by professionals and not up to the whimsy of a bunch of juvenile internet trolls.

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May 26, 2016, 05:21:12 PM
 #210

Depending on how the smart contracts were built and how the DAO was run, you could always have the decision making and investing process be isolated to an actual team of expert advisers who know more about venture capital and then allow voting rights on an annual or bi-annual basis on whether or not to retain each "adviser". This would have the DAO token holders functioning more as a board, but retain the ability to have the money in the fund managed by professionals and not up to the whimsy of a bunch of juvenile internet trolls.

That's good. The combination of that and the option to customize how much you pay from tokens and how much from money raised should cover pretty much everything anyone might need. Thanks for explaining.

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May 26, 2016, 08:20:45 PM
 #211



Bitmain invests in ChainLab, developers of Wings, to accelerate blockchain innovation

Seed funding to be used for development of Ethereum and RootStock based decentralized network for DAO management using artificial intelligence chat bots.

TEL AVIV (PRWEB) MAY 26, 2016
ChainLab, developer of Wings, a decentralized network for creation, participation and management of Decentralized Autonomous Organizations (DAO), announced today a strategic undisclosed seed investment from Bitmain Technology, the world’s largest bitcoin hardware mining producer. The funds will be used to advance the development of Wings platform prior to the Wings DAO launching, which is expected to occur by the end of Q2 2016.


Read More http://www.prweb.com/releases/2016/05/prweb13435779.htm#!

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May 26, 2016, 08:29:00 PM
 #212

Good for you. This particular project looks intriguing, but the fellas have taken on lot of work. I'm not that technical, but their wish-list looks like a huge coding job.

It's not our first project in the crypto-space, and our lead developer Boris Povod has already proven himself creating a whole new blockchain platfrom (Crypti, now known as Lisk) from scratch with very limited resources.

Additionally thanks to commercial structure of company behind Wings (ChainLab), we are able to bring expert advisers from the crypto-community in order to accelerate our development times.

Our roadmap is structured such way to enable an early launch, with new capabilities added via following short iterations.

Thanks for the detailed answer.






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May 27, 2016, 02:00:23 AM
 #213

quite interesting will wait for more info.

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May 27, 2016, 06:17:20 AM
 #214

i think they should provide more info and when they are going to start ICO.

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May 27, 2016, 06:30:39 AM
 #215

I would also suggest them to give a detailed information about bounties, ICO, community participation like other ICO coins that are doing well recently.

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May 27, 2016, 03:30:49 PM
 #216

I would also suggest them to give a detailed information about bounties, ICO, community participation like other ICO coins that are doing well recently.

be patient please ,, this is huge project so they will give more information soon about bounties, ico, etc or you can subscribe wings news letter



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May 27, 2016, 04:33:11 PM
 #217

Ico:
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May 27, 2016, 05:25:49 PM
 #218

I would also suggest them to give a detailed information about bounties, ICO, community participation like other ICO coins that are doing well recently.

be patient please ,, this is huge project so they will give more information soon about bounties, ico, etc or you can subscribe wings news letter



We have most of the list of bounties outlined, and we are writing up the blog post.  Expect to see it Monday early morning.

Thanks for your patience.  Cool

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May 27, 2016, 05:36:07 PM
 #219

Thank you for update news,
We still waiting detail your project  Smiley

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May 27, 2016, 06:08:46 PM
 #220

I think the thread is not complete yet!

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