WINGS (WINGS) API and Price Oracle

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WINGS

WINGS
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Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0x6670...d9aF
Network
Blockchain network where the asset is deployed
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Ethereum
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is WINGS (WINGS)?

WINGS (WINGS) is a blockchain project and decentralized platform aimed at facilitating the launch and funding of new decentralized applications (dApps). It was founded in 2016 by Boris Povod and Stas Oskin. The platform allows users to submit proposals for dApps or projects and the community then participates in forecasting and decision-making processes. WINGS stands for "Worldwide Incubator for New Growth Startups."

How does WINGS work?

WINGS is a decentralized platform that utilizes blockchain technology to promote and guide the creation of new decentralized autonomous organizations (DAOs). The underlying technology behind WINGS is built on Ethereum, a popular blockchain platform known for its smart contract functionality.

On the WINGS platform, users can submit proposals for new projects and receive feedback from the community. The community members, known as "forecasters," can then evaluate the proposals based on various criteria like market potential, technical feasibility, and team capabilities. The WINGS platform collects and aggregates the forecasters' opinions using a decentralized consensus mechanism.

Once a proposal is reviewed and validated, the project can create a DAO and issue tokens using WINGS' smart contracts. These tokens can represent ownership, voting rights, or other functionalities specific to the project. The WINGS platform also enables token holders to engage in decentralized decision-making processes, such as voting on project proposals or significant changes.

Furthermore, WINGS incorporates a set of reputation tokens called WINGS DAO tokens (WINGS) that participants can earn by accurately forecasting the outcome of projects. These tokens can be staked to can influence the evaluation process and enable participants to earn rewards.

By leveraging blockchain technology, WINGS aims to provide a transparent and community-driven approach to project evaluation and funding. It enhances the trust and efficiency of DAO creation by utilizing decentralized consensus and smart contracts on the Ethereum blockchain.

What are the benefits of WINGS?

WINGS is a decentralized platform that aims to provide forecasting and decision-making tools for the blockchain industry. It offers several benefits compared to its direct competitors, including Augur and Gnosis.

One of the key advantages of WINGS is its focus on community participation and engagement. The platform allows users to collaborate and contribute their expertise towards the evaluation of projects and the prediction of their success. This decentralized approach enhances the accuracy and reliability of the information provided.

Another benefit of WINGS is its use of blockchain technology, which ensures transparency and immutability. The platform leverages smart contracts to automate processes and maintain trust among participants. This feature reduces the need for intermediaries, making the platform cost-effective and efficient.

WINGS also offers a decentralized governance model, enabling token holders to have a say in the decision-making process. This democratic system ensures that the platform evolves in a way that aligns with the interests of its users.

Furthermore, WINGS provides an intuitive user interface, making it accessible to both experienced blockchain enthusiasts and newcomers. Its easy-to-use design streamlines the process of evaluating projects and participating in predictions.

In summary, WINGS stands out from its competitors by emphasizing community involvement, utilizing blockchain technology for transparency, offering a decentralized governance model, and providing a user-friendly interface. These benefits make WINGS a compelling choice for individuals seeking a platform to engage in accurate project evaluation and predictions within the blockchain industry.

What is WINGS used for?

WINGS is a decentralized platform built on blockchain technology that aims to facilitate the creation and engagement of decentralized autonomous organizations (DAOs). DAOs are entities that operate based on smart contracts and decentralized governance, enabling community members to collectively make decisions and manage resources.

One common case where WINGS is used is in the evaluation and forecasting of blockchain projects. The platform allows users to submit project proposals and have them evaluated by the community. This evaluation process includes analyzing the project's feasibility, potential risks, and market demand. By engaging the collective wisdom of its community members, WINGS aims to provide a more transparent and objective assessment of blockchain projects.

Another specific case where WINGS can be utilized is in the crowdfunding of blockchain projects. After a project passes the evaluation phase, it can launch a crowdfunding campaign on the WINGS platform. Contributors can use cryptocurrencies to participate in the campaign and receive tokens or other benefits in return. WINGS provides a secure and transparent ecosystem for the crowdfunding process, ensuring that the funds are allocated as agreed upon and that contributors have a say in the decision-making process of the project.

Overall, WINGS serves as a platform for decentralized governance and decision-making within the blockchain industry. It enables the evaluation, forecasting, and crowdfunding of blockchain projects, fostering transparency and community participation in the process.

What is DIA's WINGS API?

DIA's WINGS API is an essential tool for accessing real-time price feeds of various crypto assets. These API endpoints are designed to provide accurate and reliable price data for developers and businesses operating within the blockchain ecosystem. DIA stands out from other web3 data providers because its price feeds are constructed by aggregating raw data from over 85 on-chain and off-chain cryptocurrency and NFT exchanges. This extensive data collection ensures that DIA can deliver comprehensive and high-quality information that other providers may not be able to offer.

While DIA offers free API endpoints for developers to test, the true power and value of DIA's API lies in its customizability. Users can request custom configuration for a feed, tailored specifically to their needs. This flexibility allows developers to choose sources, methodologies, update mechanisms, and more, making the API feeds more personalized and relevant to their specific use cases.

The use cases for DIA's API are diverse and extensive. Within the DeFi space, developers can leverage the price information from DIA's API for derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and much more. In the NFTfi realm, the API can enable applications such as peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and more.

Overall, DIA's WINGS API offers an indispensable solution for accessing accurate and customizable price feeds. By providing both free API endpoints for testing and the option for custom configuration, DIA ensures that developers and businesses can obtain the most relevant and beneficial price data for their projects. For those seeking more specialized and tailored feeds, DIA's custom API data feeds are the ideal choice. Reach out to DIA via Discord or Telegram to request a custom feed that meets your specific requirements.

What is DIA's WINGS price oracle?

DIA's WINGS price oracle is a smart contract that provides real-time price feeds for various crypto assets. One of the key advantages of DIA's price oracle is its integration with more than 35 layer 1 and layer 2 networks, allowing it to deploy price oracles on multiple blockchains. This extensive network ensures that DIA can source raw data from over 85 on-chain and off-chain cryptocurrency and NFT exchanges, aggregating billions of individual trades.

While DIA offers free demo oracles for developers to test, these are solely for testing purposes and cannot be integrated into production applications. However, DIA can create dedicated price feed oracles for users who require a custom configuration. These custom oracles can be tailored in terms of sources, methodologies, update mechanisms, and more.

To request a custom feed, users can reach out to DIA through Discord or Telegram. DIA's custom oracles offer significant utility and flexibility for users who have specific requirements for their price oracle data feeds.

Blockchain oracles, in general, play a crucial role in supplying verified information from external sources to smart contracts on the blockchain. By leveraging oracles like DIA's WINGS, developers can access accurate and real-time price data for a variety of use cases within the blockchain ecosystem. These use cases range from derivatives, lending, and borrowing markets in DeFi to peer-to-pool NFT lending and borrowing, NFT renting, and NFT fractionalization in the NFTfi space. DIA's comprehensive and customizable oracles provide essential infrastructure for building innovative blockchain applications.

Why use DIA's WINGS API & price oracle?

The DIA WINGS API and WINGS Price Oracle offer numerous benefits for users in the blockchain ecosystem. One of the key advantages is the high level of customisation that these tools provide. Users can tailor each oracle and API endpoint to meet the specific requirements of their decentralised applications. This includes configuring data sources, applying data cleaning filters, selecting pricing methodologies, and determining the update mechanisms and frequency. Such customisation ensures that the data and oracle remain robust and resilient, reflecting the unique market conditions associated with chosen data sources. This personalised approach ensures that users have access to accurate and reliable price data, enabling them to make informed decisions in a rapidly evolving market.

Transparency is another significant benefit of using DIA's API and Oracle feeds. These tools offer full and granular transparency, allowing users to track the entire data journey. Additionally, DIA provides a range of tracking and monitoring tools to ensure the integrity and reliability of their oracle and API feeds. This transparency enables users to have confidence in the data they are accessing and using for their applications.

In summary, DIA's WINGS API and WINGS Price Oracle provide the advantages of customisation, robustness, resilience, and transparency. By leveraging these tools, users can access accurate and reliable price data for cryptocurrencies and NFTs, tailoring the feeds to suit their specific needs and ensuring transparency throughout the data journey.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.