The Wings ICO opens on Nov. 18, 2016 at 1 am Eastern / 6am UTC Time
The Wings project (https://wings.ai/) assists companies and individuals in creating and managing DAO's (Decentralized Autonomous Organizations) utilizing the Bitcoin Rootstock & Ethereum Blockchains - some are calling it a 2.0 version of 'The DAO'. The ICO is looking to raise 30,000 Bitcoins and last 49 days.
Wings is self described as a project governance and social crowdfunding platform with incentivized forecasting.
Many of the details of the Wings Project (https://wings.ai/) have just been released so i've put dates next to each of the items below.
Wings explainer video (released two days ago on Nov. 15, 2016)
Wings presentation at the Latin America Bitcoin Conference (Nov. 5, 2016)
Some Key Screenshots from the Wings Latin Bitcoin Conference Presentation
Link to the complete set of presentation slides:
http://www.slideshare.net/zynis/wings-latin-america-bitcoin-conference-2016?qid=e3c50989-ae27-4190-aa9d-2f6b8b25db3b&v=&b=&from_search=1
Wings ICO Details - ICO investing address: https://fly.wings.ai/#/
Wings is raising around a total of 30,000 Bitcoins which at today's price of $736 per BTC translates to around $22 million USD, which they are calling a donation campaign similar to what Ethereum called their initial ICO raise.
The first 10,000 bitcoins donated in the ICO will receive a visionary bonus of 10%
In addition, the first 24 hours will get a 20% early bird bonus, the next 10 days will get a 15% bonus, then the next 28 days will get a 10% bonus, and the final 10 days bonus will linearly decrease from 9% to 0%.
If you pay with BTC the first day bonus is 30%.
Here's a Bonus Chart from their blog:
Update: 25 minutes since the start of the ICO has raised a modest amount: 178 BTC
The ICO is creating 100 million tokens, 75 million of the token are given out to the ICO participants.
The other 25 million tokens are allocated as follows:
19.5 million are reserved for the team, sponsor & foundation allocation (to be used as incentives and compensations to contractors, high profile developers, contributors, optional future bounties and more), 3 million are reserved for current and future advisory roles, 1 million will be used for a referral campaign, and 1.5 will be used for bounties. Link: https://blog.wings.ai/get-ready-wings-dao-details-revealed-d8baaa33a33#.fd5fu7qok
The Wings ICO might sell out quickly, it'll be interesting to see how much money is raised in the first hours. A few of the recent higher profile ICO's have sold out within the first hour. A warning though, the Waves tokens are set to live on the Rootstock (RSK) Bitcoin blockchain but Rootstock is not fully released yet to production (RSK is set to be released to production in the 1st Quarter of 2017).
The Wings ICO is allowing five cryptocurrencies to participate in the ICO.
Bitcoin, Ethereum, Ethereum Classic, Ripple & Litecoin.
WINGS has handful of DAO projects that they they are lined up to be initially working with: a large peer to peer video company, a decentralized advertising network, a Bitcoin ATM franchise DAO, contractor DAO, decentralized insurance, decentralized cybersecurity DAO, solar energy DAO, and green batteries DAO.
Golem.Network sold out $8.6 million USD in 29 minutes (Nov. 11, 2016) - Shared Network Supercomputing based on Ethereum (AirBnb for computing) http://www.forbes.com/sites/rogeraitken/2016/11/12/fintech-golems-airbnb-for-computing-crowdsale-scores-8-6m-in-minutes/#42dc746422ad
FirstBlood.io sold out $5.5 million USD in 8 minutes (Sept. 25, 2016) - Esports wagering based on Ethereum https://www.smithandcrown.com/first-blood-crowdsale-ended-minutes
Best Research Reports and Wings Project Summaries
Smith + Crown - Link to their research report (Report initially released before Nov. 15, 2016 - they didn't announce it on their Twitter so I'm not sure of the exact release date)
https://www.smithandcrown.com/event/wings-ico-governance-tool-daos/
Wings White Paper - in 5 different languages (English, Russian, Chinese, Spanish & Italian): https://blog.wings.ai/wings-announcement-in-24-languages-white-paper-in-5-63fbb44b9f5c#.qxyg4if8y (Released Nov. 10, 2016)
ICO Rating's Steemit article it contains a link to their very comprehensive research report (released early today on Nov. 17, 2016) - they assigned Wings a rating of 'Stable +'
https://steemit.com/cryptocurrency/@icorating/wings-analytical-report-from-icorating
Link to the Wings Project latest releases:
Wings Twitter: https://twitter.com/wingsplatform
Wings Blog on Medium: https://blog.wings.ai/
Wings Telegram text chat room: https://telegram.me/wingschat
Wings BitcoinTalk Thread: https://bitcointalk.org/index.php?topic=1477055.0
Wings Reddit Thread: https://reddit.com/r/WingsDAO/
Wings Facebook page: https://www.facebook.com/wingsdao
Wings Slack sign up: https://hi.wings.ai/
Wings Youtube channel: https://www.youtube.com/channel/UCZQ2LV_pYBHctbyx5ScdASg
Update: 1 hour after the start of the ICO, 633 BTC raised
Update: 1 hour & 35 min after the start of the ICO, 637 BTC raised
Update: 16 hours after the start of the ICO, 1053 BTC raised
Update: 22 hours after the start of the ICO, 1181 BTC raised
Update 25 hours after the start of the ICO, 1289 BTC raised
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and the group over at the Steemspeak Discord channel and on the BeyondBitcoin Mumble Hangouts every Friday morning at 10 am Eastern, thanks!
