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WINGS DAO to earn 1% of all Indorse tokens for price discovery and social promotion
Singapore — July 10, 2017 – Indorse, the decentralized professional network on Ethereum, and WINGS, the Ethereum-based price discovery and social promotion DAO, have announced that Indorse intends to use the WINGS platform for crowd-powered valuation and promotion, and for its’ bounty application for community engagement.
Indorse can be likened to a decentralised LinkedIn and Instagram, wherein every “claim” in your profile will be validated by the peers. Users have a chance of earning through this process. The platform will share most of the revenue with users.
Eddy Travia, CEO of Coinsilium Group which recently invested S$100k in Indorse, said, “This is a new and game-changing model in a multi-billion-dollar social media industry and we are confident that Indorse has the requisite skills and talent to propel Indorse to become one of the world’s most popular decentralised social platforms.”
Since June 2017 WINGS DAO has forecasted and promoted several funding campaigns which have raised in excess of $150 million. WINGS “The Blockchain Crowdfunding DAO” serves as a platform where WINGS holders can evaluate upcoming ICO’s, forecast the amount a certain project is about to raise during its funding campaign and share projects with their social networks. The wisdom of crowds is recognized as one of the most accurate ways to forecast future events, WINGS harnesses forecast markets and crowds specifically for Ethereum ICOs.
“We are pleased to have the talented team at Indorse choose WINGS as the choice partner for assisting them in pricing their crowdfund and for engaging the cryptocurrency community with our bounty application,” said Stas Oskin, WINGS Core Developer, “Many new possibilities for decentralized applications emerge from linking of real world personas on the Ethereum blockchain something for which Indorse has the first mover advantage.”
A total of 1% of all Indorse tokens will be allocated for WINGS DAO members to forecast and share to their social networks the valuation of the Indorse project by evaluating the team, concept and market potential. Brought together this data will allow the Indorse team to accurately value and price their crowdfund based on market feedback from the crypto-community. Forecasting and feedback will commence at https://wings.ai on July 17, 2017.
David Moskowitz, CEO of Indorse said, “We are really excited about this collaboration. By joining forces with WINGS, we aim to create network effects & receive valuable feedback from the community. This feedback from expert crypto community will help us make Indorse better. With WINGS, we look forward to creating a solid ecosystem for our followers & future contributors in Pre Token Sale & Token Sale which also includes a rewarding Bounty Program.”
Indorse will make use of the WINGS Bounty Management application which has been successfully used by over 10,000 individuals from the global cryptocurrency community to raise awareness levels and ensure ICOs not only meet their funding goals but engage as many early contributors as possible. 1% of Indorse tokens have been allocated to bounties, to sign up and participate please visit: https://bounty.indorse.io.
Indorse is a revolutionary platform using new models of tokenization and decentralization to change the shape of professional social networking. Indorse uses internal rewards (Indorse Rewards) and a reputation system (Indorse Score) to incentivize members to add their skills / accomplishments and indorse those of others. Indorse is being developed by the team at Attores, a blockchain company based in Singapore. For more information please visit: https://www.indorse.io/
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About WINGS Foundation
WINGS Foundation is based in Switzerland and comprised of a decentralized team of professionals aiming to bring blockchain-enabled projects to the mainstream via forecasting. WINGS uses DAO technology to enable a new type of emergent incentivized swarm intelligence for value discovery on the Ethereum. WINGS provides best in class libraries of smart contracts for blockchain based crowdfunding and for post-funding decentralized governance. To learn more please visit: https://wingsfoundation.ch.
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