WINGS Pre-Beta: How to easily forecast and earn rewards — up to $250,000 from Bancor
How to easily forecast and earn rewards — up to $250,000 from Bancor
WINGS Feedback & Forecasting Mechanics
The ability to review, valuate and promote the project to your social circles will take place at https://wings.ai from Wednesday night (GMT) on June 7, 2017.
Warning: do not do these tasks on public/shared computers
Using WINGS with the seed created at https://fly.wings.ai
If you have WINGS tokens distributed during the WINGS backing campaign, you simply need to click on “Login” (upper right corner), “Recover Account” and fill out the three fields (make sure to use a password that is secure but that you will remember):NOTE: Wings.ai does not store any of this data except email address to our list. All private key info is stored locally on your browser — again don’t use a public computer.
Once logged in, you should ensure that you have enough ETH in the account to complete the valuation and feedback tasks. You can do it by accessing the wallet admin area by clicking on the ball in the upper right corner:Make sure no one sees your Private Key!
Then click on “send” to check that your WINGS are there and you have enough ETH:Click on the list in “choose cryptocurrency” to see your ETH or WINGS balance.
If you have both ETH and WINGS then you are ready! Go to the Bancor project page — can be accessed via the “Discover” menu item same as in Alpha.
Using WINGS received from exchanges
If you have received WINGS by another method, such as by purchasing them on an exchange, and you wish to participate in valuation, then you must fill in the email and password and write down the resulting 12 word mnemonic (DO NOT LOSE THIS! NO ONE ELSE IN THE WORLD HAS THIS BUT YOU!)
Once the account is created locally, you should ensure there is enough ETH and WINGS in the account in to complete the valuation and feedback task. You can do it by accessing the wallet admin area by clicking on the ball in the upper right corner:
Then click on “send” to check that your WINGS are there and you have enough ETH:Click on the list in “choose cryptocurrency” to see your ETH or WINGS balance. when the Bancor forecasting is completed on June 12 you can also use this screen to move your ETH or WINGS or both!
If you have some ETH and WINGS then you are ready! Go to the Bancor project page — can be accessed via the “Discover” menu item same as in Alpha.
WINGS feedback and valuation lock
The user experience at wings.ai will be similar to the one that was used in the Alpha versions (the new UX is being worked on and will be completed soon), however there is a new addition which is called “WINGS Lock” — WINGS lock simply locks your WINGS from moving during this forecast period which shall end on June 12, 2017. After the forecasting period for Bancor is terminated anyone who locked his or her WINGS shall be able to move (transfer) them once again — see the “send” screen under the account’s wallet administration panel. The lock design is to ensure that no one is cheating the system.
You may resubmit a new valuation forecast and comment, however note that there is a time advantage so the earlier your forecast is compared to others, all else being equal, the more you will be advantaged in the reward calculation.
WINGS Rewards Smart Contract
This particular round will not have the entire system completely automated, meaning that the Bancor team will fund a custom WINGS rewards contract after their fundraiser is completed. After which those who have participated in the valuation will be able to collect their award of ETH, BNT and WINGS forecast rating based on factors defined in the WINGS scientific white paper (essentially how many WINGS are locked and how accurate you valuation is to reality).
Issues and Support
Should you require any assistance or clarification please head over to one of our chat rooms https://hi.wings.ai (slack) or https://t.me/wingschat (Telegram), or alternatively send an email to [email protected]
Let’s make it an event to remember!