WINGS ★ Where DAO Unicorns Are Born! ★ Token launched!

[wings.ai]

I started getting worries about wings coin, because the price of bitcoin has now reached 7578 $, if the btc price keeps rising up to 100k $ how is the fate of wings

I think the price of Wings will never get very high (max 1$ imo) because everything here turns arround the rewards and rewards will never be higher than what it is now so people won't pay 10$/wings just to get some pennies.
If you invest in wings you should think about the rewards from forecasting not about the price of your wing

Hopefully the btc price after hardfork is down because it can raise the price of the wings and I'm sure the wings will be at the top

the 2nd poster makes the incorrect assumption that the ICO market will stay stable and that the number of ICOs using WINGS for evaluation will remain stable.

the price of wings (assuming you are somewhat rational) is likely predicated on the following factors:

-how many projects are using WINGS in a given year
-how much % reward fee those projects are willing to pay
-how much funding do those projects raise
-how much the coins of the projects are worth in the aftermarket
-how long are forecasters willing to wait to sell their coins (for example people who run crypto funds don't *need* the money right away)
-how many people of the 90 million wings available are participating in evaluating projects using wings on a per project basis
-how well do most people do in forecasting to improve their forecast rating reputation (FR) which improves their rewards - imagine sort of a gini curve of forecasters
-maybe some other factors i missed here

so for example, if the global blockchain funding (ICO for lack of better term) market hits $10 billion, and 10% of the deal flow uses WINGS that is $1B in total funding, but the total valuation of that market is  perhaps 1.5X this. so assume that WINGS rewards from this amount = 2% of coins of those projects.

1.5B * 2% = $30M in rewards for 1 year.  There are only ever 100 million WINGS who can forecast and fight over this pie, half of which currently sit on exchanges.

Now if you apply discounted cash flow analysis and assume lets say a 30% annual growth rate in to the ICO markets for the next 5 years ... the NPV of WINGS next year would be.... http://www.moneychimp.com/articles/valuation/dcf.htm

so if u look at wings like a tool to use that pays you when you use it correctly, it can be a profitable tool just like any other tool that has a market demand for its use

[Franky2010]

WINGs is great Project with future. Price is very low, potential for rise is significant here. My personal opinion, we will see $3-5 next summer. Good time get some WINGS, keep for forecasting and wait for right time.

[Rikki_Tikki_Tavi]

I started getting worries about wings coin, because the price of bitcoin has now reached 7578 $, if the btc price keeps rising up to 100k $ how is the fate of wings

I think the price of Wings will never get very high (max 1$ imo) because everything here turns arround the rewards and rewards will never be higher than what it is now so people won't pay 10$/wings just to get some pennies.
If you invest in wings you should think about the rewards from forecasting not about the price of your wing

Hopefully the btc price after hardfork is down because it can raise the price of the wings and I'm sure the wings will be at the top

the 2nd poster makes the incorrect assumption that the ICO market will stay stable and that the number of ICOs using WINGS for evaluation will remain stable.

the price of wings (assuming you are somewhat rational) is likely predicated on the following factors:

-how many projects are using WINGS in a given year
-how much % reward fee those projects are willing to pay
-how much funding do those projects raise
-how much the coins of the projects are worth in the aftermarket
-how long are forecasters willing to wait to sell their coins (for example people who run crypto funds don't *need* the money right away)
-how many people of the 90 million wings available are participating in evaluating projects using wings on a per project basis
-how well do most people do in forecasting to improve their forecast rating reputation (FR) which improves their rewards - imagine sort of a gini curve of forecasters
-maybe some other factors i missed here

so for example, if the global blockchain funding (ICO for lack of better term) market hits $10 billion, and 10% of the deal flow uses WINGS that is $1B in total funding, but the total valuation of that market is  perhaps 1.5X this. so assume that WINGS rewards from this amount = 2% of coins of those projects.

1.5B * 2% = $30M in rewards for 1 year.  There are only ever 100 million WINGS who can forecast and fight over this pie, half of which currently sit on exchanges.

Now if you apply discounted cash flow analysis and assume lets say a 30% annual growth rate in to the ICO markets for the next 5 years ... the NPV of WINGS next year would be.... http://www.moneychimp.com/articles/valuation/dcf.htm

so if u look at wings like a tool to use that pays you when you use it correctly, it can be a profitable tool just like any other tool that has a market demand for its use

Hi Wings, In the future, will Wings evolve to doing other things/forcasing like Sports, Elections, Fashion trends etc?

         

[wings.ai]

I started getting worries about wings coin, because the price of bitcoin has now reached 7578 $, if the btc price keeps rising up to 100k $ how is the fate of wings

I think the price of Wings will never get very high (max 1$ imo) because everything here turns arround the rewards and rewards will never be higher than what it is now so people won't pay 10$/wings just to get some pennies.
If you invest in wings you should think about the rewards from forecasting not about the price of your wing

Hopefully the btc price after hardfork is down because it can raise the price of the wings and I'm sure the wings will be at the top

the 2nd poster makes the incorrect assumption that the ICO market will stay stable and that the number of ICOs using WINGS for evaluation will remain stable.

the price of wings (assuming you are somewhat rational) is likely predicated on the following factors:

-how many projects are using WINGS in a given year
-how much % reward fee those projects are willing to pay
-how much funding do those projects raise
-how much the coins of the projects are worth in the aftermarket
-how long are forecasters willing to wait to sell their coins (for example people who run crypto funds don't *need* the money right away)
-how many people of the 90 million wings available are participating in evaluating projects using wings on a per project basis
-how well do most people do in forecasting to improve their forecast rating reputation (FR) which improves their rewards - imagine sort of a gini curve of forecasters
-maybe some other factors i missed here

so for example, if the global blockchain funding (ICO for lack of better term) market hits $10 billion, and 10% of the deal flow uses WINGS that is $1B in total funding, but the total valuation of that market is  perhaps 1.5X this. so assume that WINGS rewards from this amount = 2% of coins of those projects.

1.5B * 2% = $30M in rewards for 1 year.  There are only ever 100 million WINGS who can forecast and fight over this pie, half of which currently sit on exchanges.

Now if you apply discounted cash flow analysis and assume lets say a 30% annual growth rate in to the ICO markets for the next 5 years ... the NPV of WINGS next year would be.... http://www.moneychimp.com/articles/valuation/dcf.htm

so if u look at wings like a tool to use that pays you when you use it correctly, it can be a profitable tool just like any other tool that has a market demand for its use

Hi Wings, In the future, will Wings evolve to doing other things/forcasing like Sports, Elections, Fashion trends etc?

         

WINGS focuses on forecasting financial events primarily related to group buying or funding events, and creating an ecosystem for price discovery via forecasters who are incentivized to be accurate so that people raising money and people giving money can make more informed decisions in the funding process.

WINGS is not a generalized predictions platform like Augur or Gnosis.

If it is about funding a fashion line or a sports team or political campaign it could certainly be used for that.

[Rikki_Tikki_Tavi]

I started getting worries about wings coin, because the price of bitcoin has now reached 7578 $, if the btc price keeps rising up to 100k $ how is the fate of wings

I think the price of Wings will never get very high (max 1$ imo) because everything here turns arround the rewards and rewards will never be higher than what it is now so people won't pay 10$/wings just to get some pennies.
If you invest in wings you should think about the rewards from forecasting not about the price of your wing

Hopefully the btc price after hardfork is down because it can raise the price of the wings and I'm sure the wings will be at the top

the 2nd poster makes the incorrect assumption that the ICO market will stay stable and that the number of ICOs using WINGS for evaluation will remain stable.

the price of wings (assuming you are somewhat rational) is likely predicated on the following factors:

-how many projects are using WINGS in a given year
-how much % reward fee those projects are willing to pay
-how much funding do those projects raise
-how much the coins of the projects are worth in the aftermarket
-how long are forecasters willing to wait to sell their coins (for example people who run crypto funds don't *need* the money right away)
-how many people of the 90 million wings available are participating in evaluating projects using wings on a per project basis
-how well do most people do in forecasting to improve their forecast rating reputation (FR) which improves their rewards - imagine sort of a gini curve of forecasters
-maybe some other factors i missed here

so for example, if the global blockchain funding (ICO for lack of better term) market hits $10 billion, and 10% of the deal flow uses WINGS that is $1B in total funding, but the total valuation of that market is  perhaps 1.5X this. so assume that WINGS rewards from this amount = 2% of coins of those projects.

1.5B * 2% = $30M in rewards for 1 year.  There are only ever 100 million WINGS who can forecast and fight over this pie, half of which currently sit on exchanges.

Now if you apply discounted cash flow analysis and assume lets say a 30% annual growth rate in to the ICO markets for the next 5 years ... the NPV of WINGS next year would be.... http://www.moneychimp.com/articles/valuation/dcf.htm

so if u look at wings like a tool to use that pays you when you use it correctly, it can be a profitable tool just like any other tool that has a market demand for its use

Hi Wings, In the future, will Wings evolve to doing other things/forcasing like Sports, Elections, Fashion trends etc?

         

WINGS focuses on forecasting financial events primarily related to group buying or funding events, and creating an ecosystem for price discovery via forecasters who are incentivized to be accurate so that people raising money and people giving money can make more informed decisions in the funding process.

WINGS is not a generalized predictions platform like Augur or Gnosis.

If it is about funding a fashion line or a sports team or political campaign it could certainly be used for that.

Hi Wings, Thanks for answering my question. I was thinking that since Wings focuses on forecasting financial events, how about if you were to work with
companies like Apple to forces the price for the new iPhone, the price for the new macbook.
Or work with Nike to forcast the price for the new AirJordan sneakers etc.
Or with the movie industry to forecast the opening gross for a movie like Starwars, or Spiderman etc.
Or to forecast quarterly gains for major companies.

                           

[kosaet]

Found a way to pay less for WINGS forecasting:
Change price of GWEI to 0.000000001 (instead of 0.000000005+). Sometimes it doesn`t work, but it most cases it`s ok!

Is it safe to do that?
has it approved by team?

[minorman]

Found a way to pay less for WINGS forecasting:
Change price of GWEI to 0.000000001 (instead of 0.000000005+). Sometimes it doesn`t work, but it most cases it`s ok!

Is it safe to do that?
has it approved by team?

It is safe, but I doubt whether the transaction would be successful.Using the stable gwei specified on myether wallet to be the preferred option from my thought.It's not going to cost so many dollars to use the default settings from MEW.

[yeswepump]

Found a way to pay less for WINGS forecasting:
Change price of GWEI to 0.000000001 (instead of 0.000000005+). Sometimes it doesn`t work, but it most cases it`s ok!

Is it safe to do that?
has it approved by team?

I'm not sure it works. I tried once and transaction failed and I was debited 0.001 ETH, which is far more than expected to save...

[safariwave]

I participated to following forecasts:

bitjob
swarm
blackmoon
gimli
qvolta
miniapps
flixxo

So far I received zero rewards.

Where can I check what and when will I get something?

[clixcoin]

I participated to following forecasts:

bitjob
swarm
blackmoon
gimli
qvolta
miniapps
flixxo

So far I received zero rewards.

Where can I check what and when will I get something?

Have patience the team will announce update when these rewards will be ready to take withdraw. Nobody got rewarded everybody is waiting to hear good news about that this is legit platform so no need to worry about them.

[erikpa]

Found a way to pay less for WINGS forecasting:
Change price of GWEI to 0.000000001 (instead of 0.000000005+). Sometimes it doesn`t work, but it most cases it`s ok!

Is it safe to do that?
has it approved by team?

I'm not sure it works. I tried once and transaction failed and I was debited 0.001 ETH, which is far more than expected to save...

Yeah, I think I tried a few times to change these settings. Was successful a few times, the other times the fees just remained unchanged.

[bgibso01]

my login details are showing error on experimental.wings.ai

but able to login on wings.ai
what can be the issue?

[Lyd]

Is there a way to unlock wings after a forecast and essentially cancel the forecast?

[hughjays77]

I participated to following forecasts:

bitjob
swarm
blackmoon
gimli
qvolta
miniapps
flixxo

So far I received zero rewards.

Where can I check what and when will I get something?

Be patient! Wings has just hired an engineer to take care of our rewards! I guess we will get rewards soon!
By the way, I think only blackmoon already pay bounty

[FULL_TILT]

I putted all my wings on Aigang forecast. Tokenbox seem another "me-too" ico.

[FULL_TILT]

Found a way to pay less for WINGS forecasting:
Change price of GWEI to 0.000000001 (instead of 0.000000005+). Sometimes it doesn`t work, but it most cases it`s ok!

Is it safe to do that?
has it approved by team?

I'm not sure it works. I tried once and transaction failed and I was debited 0.001 ETH, which is far more than expected to save...

Yeah, I think I tried a few times to change these settings. Was successful a few times, the other times the fees just remained unchanged.

Few minutes ago i did a forecast with this parameters:
Gas Limit: 210000
Gas Price: 0.000000001 Ether (1 Gwei)

The transaction worked fine with this cost:
Actual Tx Cost/Fee: 0.000174212 Ether ($0.05)

Hope this could helps someone to save some gwei

[NetFreak199]

Wings is one of the coins, which will need to buy at the bottom, if only to know where is the bottom. All expected growth in the autumn, and now this..

[Cymatoxa]

Wings is one of the coins, which will need to buy at the bottom, if only to know where is the bottom. All expected growth in the autumn, and now this..

Than you the price is not satisfied? Now the bottom, buy more so soon prices like this will not see.

[LuckyBtc]

my login details are showing error on experimental.wings.ai

but able to login on wings.ai
what can be the issue?

It doesn't work like normal login. You have to use account recovery feature and insert your backup seed, If you wish to use experimental.wings.ai

[Franky2010]

Just matter of time to see WINGS in TOP 50 coinmarketcap, from 112 atm. This project has solid Dev team, looking hold this for longer time and forcasting with my WINGS new ICO Project.