DAO Platform WINGS’ Token Arrives on Ethereum, Sees $1m Trading on Bittrex

The WINGS Foundation intends to roll out the solution on the Ethereum network over the next several weeks.

WINGS, a decentralized platform to create, crowdfund, join and manage projects using blockchain and smart contracts, today announced that following its crowdfunding campaign and the release of the alpha platform, its token has been released on the Ethereum network and integrated on the Liqui and Bittrex exchanges.

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Boris Povod

“After several months of development and testing, making key hires in our development organization and partnership with several smart contracts auditors we are finally beginning to roll out WINGS on the Ethereum network,” said Boris Povod, WINGS Foundation President. “Soon anyone will be able to easily create ICO’s modeled after the popular Gnosis, Dfinity and Cosmos Network crowdfunds with a few clicks.”

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“We want to minimize the risk in participating in ICOs by enabling community consesus and self-regulation”, Boris adds. “With that in mind WINGS holders can vet projects, forecast on their valuation or how much they can raise, and help the projects achieve their funding forecast with promotion to their social network circles.”

The WINGS token saw just under a $1 million worth of WINGS tokens exchanged on the BTC and ETH markets on its first day on the Bittrex and Liqui exchanges, showcasing the reception of the token among the cryptocurrency and WINGS decentralized autonomous organization (DAO) community.

Bill Shihara, CEO of Bittrex, commented: “At Bittrex, we look for innovative projects and business models. We’re continuing our support for the Ethereum ecosystem with the launch of WINGS.”

The WINGS token can be bought and sold on the Bittrex and Liqui exchanges with Bitcoin, Ethereum and USDT, and more exchanges and trading pairs may follow.

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