DAO upgrade for Ethereum forecast and funding DApp WINGS now live
The Upgrade The new functionality is a significant step towards becoming a real Decentralized Autonomous Organization, by enabling WINGS token holders to submit proposals for the improvement of the WINGS Protocol, and vote on existing proposals, thus allowing the best of them to be funded by the WINGS community. Wallet functionality on the (send / receive / lock / unlock) Protocol upgrade proposal creation, including entry of developer information Decentralized voting on protocol upgrade proposals Registration of community feedback Funding of community accepted proposals Secure withdrawal of funds by the proposal developers Registration of development status updates in the blockchain Blocking of funds by proposal funders Voting Features The goal of allowing to block the funding release is to allow responsible funding of protocol ideas.
The voting period for blocking funds will be 1 week and only people that participated in the funding of that proposal will be eligible for voting, with their vote weight being proportionate to the amount they funded. For example: If proposal A raised 100 ETH from 10 different people, with the funding spread over 5 equal milestones, the developer will automatically receive 20 ETH upon the completion of the funding period for the first milestone.
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$ 3154.24
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