WINGS ★ Where DAO Unicorns Are Born! ★ Token launched! - page 471.

MoneyJ

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GoMeat - Digitalizing Meat Stores - ICO

Quote from: fedmahnkassad on June 19, 2016, 08:49:21 AM

All the overzealous newbies... I strongly advise people to stay away from this. Anything even remotely connected to DAOs will not make you money in the near future at least or until people forget what happened.

do you have an oracle or something that would predict the future? Why would you dissuade people to invest on Wings?

fedmahnkassad

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Twitter: @FedKassad

All the overzealous newbies... I strongly advise people to stay away from this. Anything even remotely connected to DAOs will not make you money in the near future at least or until people forget what happened.

bitseedmike

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Quote from: redhero on June 19, 2016, 07:41:37 AM

Ether DAO issue, every one have known that. How to prevent similar issue happening on wing DAO?

One thing to keep in mind is this is a platform to create DAOs, so it will not have the same structure as TheDAO, which had proposals submitted as smart contracts accessing a common pool of funds. In Wings, each DAO is contained as its own separate entity with its own funds.

generous

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Quote from: MoneyJ on June 19, 2016, 08:31:39 AM

We have the right to move on from the Ether DAO debacle. This... Im not letting go . Im going to invest on this.

Good thinking

MoneyJ

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Activity: 1022

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GoMeat - Digitalizing Meat Stores - ICO

We have the right to move on from the Ether DAO debacle. This... Im not letting go . Im going to invest on this.

generous

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Activity: 938

Merit: 500

Quote from: maxsinner on June 19, 2016, 08:21:26 AM

Can we please declare this dead and move on? No need to scam more people ffs.

why do you say that? This is just the beginning .

maxsinner

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Can we please declare this dead and move on? No need to scam more people ffs.

redhero

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Ether DAO issue, every one have known that. How to prevent similar issue happening on wing DAO?

o48o

legendary

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Leading Crypto Sports Betting & Casino Platform

Huoh, guess i am in this as well then.

kanoptx

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www.cryptocompare.com

Quote from: kanoptx on June 18, 2016, 06:15:39 PM

Wings.ai, should I continue translating the blog and make and send u the list of the posts? PM doesnt seem to be working x)

wings.ai

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Turn your financial ideas into reality

Quote from: bitseedmike on June 16, 2016, 04:15:07 PM

Sorry if it's been posted already, but I haven't been able to find the following information on the links provided in the OP or in the BTT pages I have read. Interested, but would like to know:

1. What will be the total number of Wings tokens issued?

2. Will the eggs be a 1:1 exchange for the actual Wings token, or be the actual Wings token?

3. If not a 1 to 1 exchange or the actual token, what percentage of the total Wings distribution will the eggs be?

4. Will the eggs be the ICO token offered for sale?

5. Will the eggs or other ICO token be sold at a fixed price or mathematically determined price until completely sold, sold at a fixed price or mathematically determined price with no limit on amount of tokens sold, or will a fixed amount be sold and divided among buyers at the end of the ICO?

6. Will there be a cap on investment?

Thanks.

Hi Mike,

We are preparing an official explanation and will post it here and on our blog.

Please subscribe to our newsletter in order to be notified once there any update.

wwbit

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ICO season Grin

Romanianz

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Any Update Huh

MoneyJ

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GoMeat - Digitalizing Meat Stores - ICO

Quote from: wings.ai on June 18, 2016, 09:46:07 AM

Quote from: MoneyJ on June 18, 2016, 06:11:02 AM

It will be the last week June incoming and I wonder if wings gonna release ICO specs and try to enlighten most of us what do wings is capable of.

working on it right now, got a little side tracked with the drama of the last days.

Great going guys. After the released, pretty sure signing in will follow .

kanoptx

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www.cryptocompare.com

Wings.ai, should I continue translating the blog and make and send u the list of the posts? PM doesnt seem to be working x)

adamvp

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Should I still register to the telegram to claim my bounty??

bitseedmike

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Quote from: bitseedmike on June 16, 2016, 04:15:07 PM

Sorry if it's been posted already, but I haven't been able to find the following information on the links provided in the OP or in the BTT pages I have read. Interested, but would like to know:

1. What will be the total number of Wings tokens issued?

2. Will the eggs be a 1:1 exchange for the actual Wings token, or be the actual Wings token?

3. If not a 1 to 1 exchange or the actual token, what percentage of the total Wings distribution will the eggs be?

4. Will the eggs be the ICO token offered for sale?

5. Will the eggs or other ICO token be sold at a fixed price or mathematically determined price until completely sold, sold at a fixed price or mathematically determined price with no limit on amount of tokens sold, or will a fixed amount be sold and divided among buyers at the end of the ICO?

6. Will there be a cap on investment?

Thanks.

Thought I'd try one last time.

wings.ai

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Turn your financial ideas into reality

Quote from: Mr.Ease on June 18, 2016, 11:32:21 AM

Quote from: wings.ai on June 18, 2016, 09:45:13 AM

Quote from: generous on June 18, 2016, 06:54:20 AM

when the first payment at the signature campaign ?

there will be only 1 payment, it will be done before the funding starts

What do you mean before the funding starts?

We will get wings before the ico?

No. He is asking about EGGS. EGGS can be exchanged for WINGS. All of our bounties are denominated in EGGS, not WINGS.

Mr.Ease

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Quote from: wings.ai on June 18, 2016, 09:45:13 AM

Quote from: generous on June 18, 2016, 06:54:20 AM

when the first payment at the signature campaign ?

there will be only 1 payment, it will be done before the funding starts

What do you mean before the funding starts?

We will get wings before the ico?

wings.ai

hero member

Activity: 840

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Turn your financial ideas into reality

Quote from: tobeaj2mer01 on June 18, 2016, 11:06:00 AM

Quote from: wings.ai on June 18, 2016, 09:50:59 AM

Quote from: Cryptorials on June 17, 2016, 03:35:49 PM

Quote from: Soul_eater_123 on June 17, 2016, 03:02:59 PM

Quote from: Cryptorials on June 17, 2016, 02:56:29 PM

I don't think that it will experience the same fate either, just that it will be harder to convince people to trust this enough to put their money in - not wanting that to be true, and thinking that those people would be wrong to ignore Wings because of what happened to The DAO doesn't change that fact. Recognizing it and talking about what can be done may change that fact.

Also I disagree that 'DAO' is just a marketing gimmick: its an actual thing not just a word.

Sensible points. Like it or not perception is a huge part of crypto valuation right now (just like the stock markets) so just ignoring these kind of issues would be foolish.

Right now in addition to the DAO/ETH crisis there is also the BTC block halving issue/price instability and there is also a lot of ICO fatigue from the large amount of recent ICOs.

All of this should be considered before making a hasty launch.

Yes, its difficult timing for a few reasons as you say. But at the same time they've already started things like the signature bounty so they can only leave it so long before people will start to get unhappy and/or remove the signatures. Hopefully The DAO will refund everyone's ethers before too long and BTC will find a range to settle in and they can start the ICO after that.

If not then perhaps they could start the ICO and just have it run for quite a long time?

Good points. And we are not in a hurry, but it needs to be pointed out that TheDAO appears to have been done in a hurry - we are using it also as a learning experience we can build upon. We still aim to be ready this summer, just want to ensure everything is done right.

Keep in mind that WINGS DAO is not meant to be a "VC fund" like TheDAO. It's meant to be a network to launch more DAOs (some DAO do not even need "money"), so we have no need for $200 Million to create that network.

When WINGS is done right, we would not be surprised if some day, a "DAO" type VC fund does actually launch using WINGS but that is way into the future when people know it works and have confidence which will take time to rebuild.

While "the draining of TheDAO" event itself is of course leading one to be concerned about the people who have lost access to their funds, it is not exactly a surprise that something went wrong. Many leading people in the space have written articles from calling for moratoriums to security issues in the last month.

So we just ask for everyone to have patience and contribute where you can so that we can build something that is secure, lasts and has a long-term positive impact.

IN CASE, just in case there is a bug in Wing's DAO like it is in TheDAO, how will it be dealt with? Is there any mechanism for this scenario?

we working on a "firewall" type solution - well the tech guys are calling it federation, but I like "firewall" better.

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