What is Wings (WINGS)?
Future of WINGS Cryptocurrency and know how to buy WINGS

#1 – What is Wings?

Wings: The Basics

  1. Wings is a platform which allows its users to create and manage decentralized autonomous organizations (DAOs), using a mixture of standard DAO governance, prediction marketing and crowdfunding to realize its goal.
  2. Wings aims to solve the struggle of startups getting off the ground with crowdfunding and feedback from the public. It facilitates an efficient collaboration of users from all over the world and allows investors and funders to work together to solve DAO-related problems.

Wings Development

source: YouTube

  1. The Wings project is managed by a Russia-based team headed by Stas Oskin, who has over 10 years of experience in engineering, management and product development.
  2. The blockchain engineer is Boris Popov, who also works as a consultant for the Lisk cryptocurrency.
  3. Sergei Popov (scientific advisor), Artem Gorbachev (math model developer) and Anton Bilyk are other members making up the core team of the Wings project.

 

#2 – What are the advantages of Wings?

Wings Technology

  1. The core smart contracts of WINGS and DAOs created on it are written in Ethereum’s smart contract language – Solidify, while Rootstock implementation is used for artificial contracts.
  2. Project developers first have to submit their DAO proposals on the WINGS platform, and it grants the project investors, who get a share in the form of WINGS coins. Coin-holders are allowed to participate in decisions affecting the DAO.
  3. The future of the project is analysed by the Wings community using forecasting markets and risk assessment strategies.
  4. Chatbots allow users to interact with each other directly or with the Wings platform, not only on the website, but on social media apps such as Facebook, Telegram and Slack.

 

#3 – How to buy and store Wings coins (WINGS)?

How to buy WINGS

Wings coins are available on 12 exchanges, where you can buy the tokens for Bitcoin, Ether, Tether, WAVES and its fiat currency tokens like WEUR & WUSD, and other cryptocurrencies. Top exchanges include Binance, Bittrex and Liqui.

There is only one exchange which accepts fiat currency in exchange for Wings tokens, which is Upbit, which accepts the Korean Won.

  1. These are just platforms where you can buy or sell WINGS coins, but the prices differ marginally on each one. CoinSwitch, one of the largest cryptocurrency exchanges around, will help you decide which to choose by displaying the prices at the exchanges it’s sold in, all at one place. It supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose any pair you want with your WINGS token, and CoinSwitch will help you decide the best one for you!
  2. What’s more - with CoinSwitch, you need not rely on wallets on the exchange you’re buying from. Instead, all transactions can happen to and from your very own private wallets.

WINGS Storage

  1. Wings is on the Ethereum platform, making it compatible with all the wallets which store Ethereum tokens, which are quite a few in number.
  2. Ledger Nano S and Trezor are hardware wallets which can store cryptocurrencies on the Ethereum blockchain.
  3. Exodus and Mist are Ethereum’s desktop wallets, compatible with Windows, Linux and MacOS.
  4. Jaxx, another Ethereum wallet is compatible with Windows, Linux and Mac PCs, Android and iOS mobiles, as well as Chrome and Firefox web extensions, making it one of the most versatile wallets to use.
  5. MyEtherWallet is Ethereum’s most popular Web wallet, and ETHAdress is one of the paper wallets compatible with Ethereum and other tokens on its blockchain.
  6. While all these wallets can store WINGS, hardware wallets are recommended since they provide the most safety against hacks.

 

#4 – What is the future of Wings?

Also Read: Complete Analysis of Wings | Live Wings (WINGS) Price Charts And Predictions

Market Cap and Global Acceptance

  1. The WINGS token ICO was held between mid-November 2016 and January 2017. The token distribution is as follows:
    1. 75 million tokens were allocated for the crowdsale
    2. 17 million are reserved for future incentives and compensation
    3. 3 million are reserved for current and future advisors
    4. 2.5 million were given for other projects
    5. 1 million were set aside for a referral campaign, and
    6. The remaining 1.5 million token were used for bounties.
  2. Wings’ circulating supply is (as of July 2018) about 89.71 million WINGS tokens, which is just about 90% of its total 100 million tokens. It has a market cap of about $19.53 million with a value of about $0.225 per token.

Price History

Date

Open

High

Low

Close

Volume

Market Cap

Jul 06, 2018

0.229005

0.229617

0.206924

0.226468

14,33,080

2,05,43,700

Jul 01, 2018

0.20983

0.219967

0.206389

0.219267

12,53,020

1,88,23,500

Jun 01, 2018

0.395587

0.403484

0.38797

0.403133

47,95,150

3,54,87,500

May 01, 2018

0.625643

0.667616

0.594043

0.665084

41,71,780

5,61,25,400

Apr 01, 2018

0.368806

0.391777

0.360134

0.365138

25,04,160

3,30,85,000

Mar 01, 2018

0.656707

0.797398

0.648721

0.739975

70,16,410

5,89,12,100

Feb 01, 2018

0.827759

0.852324

0.653314

0.702439

35,68,820

7,42,56,900

Jan 01, 2018

1.27

1.27

1.15

1.23

89,06,040

11,38,61,000

Dec 01, 2017

0.505627

0.568692

0.483536

0.568692

6,99,078

4,53,59,000

Nov 01, 2017

0.428355

0.430698

0.395625

0.396762

3,86,647

3,84,27,000

Oct 01, 2017

0.595505

0.597166

0.561705

0.584729

2,92,114

5,34,21,700

Sep 01, 2017

0.87582

0.913671

0.830134

0.873473

11,84,610

7,85,68,400

Aug 01, 2017

0.293932

0.367838

0.28985

0.353768

3,10,122

2,63,68,100

Jul 01, 2017

0.462519

0.465756

0.381716

0.392023

5,40,274

4,14,91,800

Jun 01, 2017

0.303531

0.437372

0.303531

0.437372

13,58,370

2,72,29,300

May 01, 2017

0.113105

0.133002

0.108432

0.11948

4,50,145

89,30,580

Apr 01, 2017

0.084665

0.090751

0.075559

0.090751

535

-

Mar 01, 2017

0.071829

0.07529

0.06027

0.062286

1,540

-

Feb 01, 2017

0.064568

0.075616

0.058342

0.063377

3,492

-

Jan 11, 2017

0.022819

0.022819

0.020431

0.021388

1,601

-

Trends so far

  1. Like any other cryptocurrency, WINGS has also had ups and downs. From its minimum value of $0.021 per token at the time of its launch to its maximum of $2.04 USD in January 2018, back to a lower value of about $0.225 at the time of writing this article, the price of the WINGS token has changed quite a lot in the one and a half short years of its existence.
  2. Its relatively low individual price coupled with its moderate circulating supply puts WINGS at a lower position in global market cap rankings. It stands at rank 299 among cryptocurrencies through the world as of July 2018.
  3. The WINGS cryptocurrency had an upward trend on until January 2018, after which the prices have fallen quite spectacularly. But this momentary lapse in prices doesn’t negate the potential of the cryptocurrency in the least. Its revolutionary idea of using crowdfunding and feedback to get startups up and running is necessary in today’s era of startups.

 

#5 – What makes Wings different from other cryptocurrencies?

  1. One thing that makes Wings truly unique is the fact that you can set up a DAO proposal or become an investor on the platform with no prior knowledge of smart contracts or even the blockchain technology itself.
  2. Another amazing thing about the platform is that its chatbots allow free interaction on social media apps, saving users the hassle of having to open the website every time they wish to chat regarding a DAO.
  3. In the future, Wings plans to make user interaction and usage even more simple and widespread by using artificial intelligence to allow users to interact in their own native languages, removing any previous language barriers.

 

#6 – Should you invest in WINGS?

  1. Wings’ recent downward spiral is discouraging to look at, especially when you then see its global ranking.
  2. However, it has great potential in the startup-driven world where interaction between project developers and their backers is becoming increasingly important. Its use of the crowd for feedback as well as funding is also a concept with great promise.
  3. With its revolutionary idea and great future potential, WINGS is bound to be a good investment which is likely to provide returns in the long term, if not soon. In fact, the dip in prices can be seen as an opportunity to grab the tokens before prices shoot up!
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