WINGS: The New DAO on the Block Says it Won’t Fail Like Slock.it
In the wake of the Etherum-based Slock.it DAO’s catastrophic failure, new project Wings thinks it can make a DAO that is both better and more secure. WINGS: A New DAO. Instead of a “simple” venture capital platform, Wings provides a forecasting service. With this service, participants in the distributed autonomous organization (DAO) predict which....
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DAO launcher and funding platform Wings.ai is gathering speed in uncertain times - the specter of the failed Slock.it DAO is still on everyone’s lips. Can it succeed? This is the question Wings Core Developer Stas Oskin has been answering since June this year. He told Cointelegraph: “First it’s important to understand that DAOs did not start or end with The DAO. Decentralized Autonomous Organizations is a new concept of how virtual organizations are being started, funded and managed, and The DAO was just one of many possible implementations of this concept. While it has failed, it has....
Bitcoin wallet Airbitz just announced a partnership with the Wings Project (wings.ai). Wings is a platform that enables the creation of decentralized autonomous organizations for Bitcoin and alternative blockchains. Airbitz and Wings Collaborate Utilizing Edge Security With DAO Platform. Airbitz’s joint effort with the Wings project will provide the....
Bitcoin exchanges all over the world are starting to expand their offering to gain wider recognition. Gatecoin, one of the unsung heroes of the cryptocurrency exchange world, has listed Slock.it and DigixDAO tokens on their exchange platform. It is always positive to see some of the more prominent Ethereum-based projects gaining some attention these days. DigixDAO, which brings Ethereum-based gold-backed tokens to the cryptocurrency community, recently completed their crowdfunding campaign in record time. Slock.it is another project that has gotten a lot of attention lately, as they let....
Wings is different in scope from the troubled Ethereum’s DAO. The new platform is seeking to achieve a different result by test driving its crowdfunding and DAO platform for the launch of new projects. After the completion of its backing campaign, Wings released the alpha version of its platform. The alpha version gives everyone a basic idea of how their systems will work and provides a way to receive feedback. This demonstrates its difference on the market. Some examples of this are enabling projects to be independent in tokens, smart contracts, backing campaign and governance structure.....
Slock.it DAO token IOUs to go on sale Thursday, according to William Piquard, business developer at Gatecoin Limited, a Hong Kong based regulated financial institution for blockchain assets. The much anticipated DAO, which aims to fund the creation of smart locks as well as an Ethereum computer with more than 4,000 members flocking to their Slack channel, has not itself yet been released. On Wednesday 27 April, Piquard stated : “[T]he Decentralized Autonomous Organization may not be created tomorrow, but Gatecoin users will be able to buy DAO token IOUs from tomorrow to....