Wings is a blockchain platform for creating and growing communities dedicated to launching, supporting and promoting new project proposals through a fluid organizational model called a Decentralized Autonomous Organization (DAO) . By using immutable blockchain and smart contract execution, DAO achieves autonomous and independent organizational governance, management and operation. Wings combines several concepts including attention rewards, prediction markets, smart contracts, governance models, and federation security. The platform focuses on encouraging the Wings community to conduct certification and promotion of high-value proposals in order to obtain more positive financial returns. Wings creates a decentralized forecasting ecosystem that rewards Wings token holders with tangible rewards to facilitate community members striving to make optimal choices to maximize their rewards.

Token Application

Wings is a decentralized platform that allows individuals and organizations to submit new proposals (proposals) to the DAO community of Wings, so that latecomers can discuss, review and predict the successful elements of the proposal. Forecasting can weed out unsuitable projects and focus potential backers on the proposals with the highest potential. More precisely, the process will filter out unworthy proposals and highlight high-potential ones so that a successful financing can be completed to obtain outreach assistance from the community. Both proposal submitters and the community can earn rewards by creating and predicting new proposals.

The tokens of the Wings platform will play the following important roles:

(1) Fuel for smart contracts on the platform, compensation for miners to process transactions;

(2) Anti-spam fees for transactions;

(3) Measures to prevent attacks, reward token holders according to the number of tokens in their hands. It is important to note that the success of the Wings platform is based on the ability to select and advance the most promising DAO projects, therefore, the primary role of the token is to encourage WINGS token holders to make well-researched predictions.

Related link:
https://www.wings.ai/explore