While the WINGS and DAOs built on it are written in Ethereum's smart contract language, Solidify, the artificial contracts that are built on top of it are written in the Rootstock version of Ethereum's smart contract language. Project developers must first submit their DAO ideas on the WINGS platform, which then awards the proposals to project investors, who get a portion of the project's proceeds in the form of WINGS coins. Holders of DAO coins are permitted to participate in decisions that impact the DAO. In order to predict the future of the project, members of the Wings community use forecasting markets as well as risk assessment methods. Chatbots enable users to communicate with one another and with the Wings platform directly, not just on the Wings website but also on social media applications such as Facebook, Telegram, and Slack, among others.
One of the things that distinguishes Wings from other platforms is the fact that you may create a DAO proposal or become an investor on the platform without having any previous understanding of smart contracts or even blockchain technology in general. Another fantastic feature of the platform is that its chatbots allow for free engagement on social networking applications, sparing users the inconvenience of having to visit the website every time they want to talk about a DAO project. Wings intends to make user engagement and use more simpler and more popular in the future by using artificial intelligence to enable users to communicate in their own local languages, thus eliminating any previously existing language barriers between users.
Wings' recent downward spiral is disheartening to see, particularly when viewed in the context of the company's worldwide position. Although it has limited use in the startup-driven environment, where contact between project creators and their supporters is becoming more essential, it has tremendous promise in other fields as well. Its utilization of the public for both feedback and financing is also a notion that has a lot of potential. With its innovative concept and tremendous future potential, WINGS is certain to be a sound investment that will provide profits in the long run, if not immediately. In fact, the drop in pricing may be seen as a chance to stock up on tokens before they skyrocket in value.
WINGS, on the other hand, is ranked lower in the worldwide market capitalization standings due to its comparatively low particular price combined with its modest circulating supply.