What are Wings? What Does WINGS Coin Do?

What are Wings? Wings is a blockchain-based and decentralized Initial Coin Offering (ICO) startup platform powered by the DAO.

What are Wings? What Does WINGS Coin Do?
What are Wings? What Does WINGS Coin Do?

What are Wings? Wings is a blockchain-based and decentralized Initial Coin Offering (ICO) startup platform powered by the DAO. As Coinzigzag.com, in this article, we have answered the questions that are the subject of curiosity among investors such as what is Wings, what it offers, what is WINGS coin for, how to buy it. Let's take a look at this project together that facilitates the launch and support of new dApps and tokens.

What is Wings?

Wings platform is a Blockchain project that aims to initiate, run and support crowdsourced ICOs. This project basically works as a platform built on the Ethereum network. This platform offers a variety of products that give a good start, especially for Initial Coin Offerings (ICOs). A newly launched project is able to oversee their ICO with the contribution of the entire community of the platform. Users of the platform can also predict how good an ICO might turn out to be for the project. Users get paid for participating in the prediction aspect of Wings.

The Wings platform is basically built around the DAO. DAO, which stands for Decentralized Autonomous Organization, refers to an algorithm-driven community. This community has a say in many matters, including the management of the platform. They can submit proposals and by voting on these proposals, they can direct the development of the project. At Wings, this is the case when evaluating and funding ICOs. Users give opinions and make predictions about how good an ICO idea is, among other things.

What kind of products does the platform offer?

Wings platform is a tool to evaluate various aspects of submitted projects. acts as a prediction market. In most cases, the projects considered are ICOs. In addition, teams of these projects offer their tokens or a certain amount of cryptocurrencies for the purpose of rewarding Wings. This means that a reward is offered in exchange for insight into the potential of the project. However, to be an estimator, users must meet a number of conditions. The ecosystem provides ICOs with insights on many important issues such as the probability of success of the roadmap.

What is WINGS coin? What does it do?

WINGS coin is the native cryptocurrency of the DAO platform of the same name. This digital asset is hosted on the Ethereum network and works with its ERC-20 smart contract. Users must own this cryptocurrency in order to be a forecaster on Wings. Likewise, ICOs are required to pay with this token to present certain issues to the community. In addition to payments, cryptocurrency is also required to participate in the platform's DAO.

How to get WINGS coin?

Users who wish to purchase WINGS coins must first access the Bancor Network exchange. After that, they can become a member of Bancor and buy crypto money by depositing money in their wallets.