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Setting up a project

Select your smart contract

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You can find smart contract integration guide here: https://github.com/WingsDao/wings-integrationlight-bridge
If you have any questions feel free to reach out to us at any time.

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Here are following parameters available to you when configuring a WINGS crowdfunding contract. (All Note that all parameters are mandatory) :

  • - token name, token symbol, token decimals (Range: 8 to 18)

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  • Hard cap

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  • Minimum funding goal (crowdfunding will be considered ‘failed’ if your project does not raise a minimum funding goal in crowdfunding period). Minimum funding goal cannot be less than 10% of your hard cap.

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  • Token price + up to 7 time-related bonus prices

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  • Up to 10 tokens pools (for bounty, team etc.). You can set an address, pool allocation amount, and token release date for each pool)

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  • Crowdfunding duration: 3 days minimum, 50 days maximum

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  • An address where funds collected from crowdfunding will be sent (we recommend using a multi-signature wallet)

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  • Funding can only be provided in ETH.

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  • All unsold tokens will be burned

Deposit Fee

To create a project on WINGS, a 5000 200 WINGS token deposit is required. Once forecasting has started deposit free will be redeemable upon the completion of crowdfunding.

Your deposit fee will be lost if:-

  • the project is cancelled by you

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  • the project is rejected by WINGS forecasters

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  • You do not configure a crowdfunding campaign within 30 days after the forecast has completed

Configuring a forecasting

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You must set aside a reward for WINGS forecasters.

  • You may choose an allocation of your native tokens. (min 0.1%, max 20%)
    • The allocation % is based of the total number of tokens sold in your crowdfunding campaign.
    • The % of tokens allocated for rewards will be generated and distributed separately from the tokens available for crowdfunding

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  • You may choose to allocate a portion of the

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  • Ether raised in your crowdfunding campaign (min 0%,  max 20%).

For a Custom contract:

You are responsible for writing a short description of the rewards you will pay WINGS forecasters if your crowdfunding campaign is successful.

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If crowdfunding is unsuccessful:

  • You will need to claim your deposit fee
  • Tokens generated will be locked for eternity
  • Funders will be given instructions on how to claim a refund