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Video: Dominik Zynis of WINGS

Dominik Zynis

Here is a video from Bitcoin Wednesday held on 1 March 2017.  Dominik Zynis, one of the founders of WINGS, explained how their project plans to potentially reduce investor’s risk by crowd-sourcing financial predictions.

Some of the biggest challenges faced by Decentralized Autonomous Organizations (DAO) are decision-making and crowdfunding.  WINGS, which is itself a DAO, aims to resolve these issues by sourcing forecasts — for example, how much money will be raised in a crowd sale — which are evaluations of these organizations.  The predictions are contributed by the users of WINGS who receive rewards, the Wings tokens, based on the accuracy of their predictions.

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Dominik Zynis