Hi all!!
Tell me, what are your thoughts on why any company would benefit from using Wings. What is in it for them? I realize that we the Token holders benefit greatly but is it a win win situation for bothe parties?
Additionall, now that the SEC is considering all Tokens a security(in which I agree) do you think this will hurt is the investors in anyway or future wings forecasts? I'm sure this is exactly the things they are discussing now I. The Wings board meeting, we need to collectively start discussing them as well as the investors.
Here's the way I personally see it (and anyone here, feel free to correct me):
1. I believe I seen the OP on here once say something alone the lines of, "there is no better predictor than a swarm". Wings focuses on swarm intelligence, they incentivize token holders to make the most educated prediction possible. The company collaborating with the Wings wants their ICO to be successful as possible, so by giving a bounty to Wings, they can hypothetically test their ICO crowdfunding model out and see if it will be accepted or not based on their pricing structure at that time. To me it's kind of like a smart way for an ICO to test the waters. Keep in mind, many ICOs will refund investments if minimum token sales aren't hit, and many will destroy leftover tokens if caps aren't hit.
2. Its a great marketing strategy for the ICO. For me, ICOs can still be great investment opportunities, but they're just way to many to manage. Wings essentially forces me to educate myself on an ICO that there was a very good chance I would've never known about if not for the Wings platform. Wings is pretty critical of what ICOs they select, and I'd argue, thus far they've really only selected good ones. So now I go from not knowing about an ICO at all, to potentially becoming an additional investor in said ICO because I've researched it. Wings gets the educated investors eyes on the ICO.
Keep in mind, almost every smart currency/asset that comes out nowadays has some type of bounty distribution program, so giving away tokens is the norm. There's a legit argument an ICO company will get more value out of a wings bounty distribution than a facebook/banner bounty distribution.
I don't care to really get caught up in the SEC talk, but I don't think you will find it's a concern most people have in this thread.