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RootProject
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RootProject logo RootProject ICO Review | |
| RootProject ICO | |
| Ticker: | ROOTS |
| ICO start: | 0000-00-00 00:00:00 |
| ICO end: | 0000-00-00 00:00:00 |
| Price: | 1 USD = 88.5 ROOTS |
| Bonus: | 1 |
| Tokens: | 2,350,000,000 ROOTS |
| Tokentype: | ERC20 |
| Hardcap: | 13000000 USD |
| Platform: | Ethereum |
| Distributed: | 18.5% |
| Accepting: | ETH |
A new crowdfunding model creates supply and demand for community projects. Project initiators don't need to complete the project or know anything about cryptocurrencies. Donors get tax deductions. Socially visible projects enhance reputations.
Description
RootProject is a decentralized ecosystem for nonprofits. RootProject harnesses crowdfunding and cryptocurrency for the social good, while offering token purchasers a cryptocurrency with built-in growth and social capital.
LABORLESS CROWDFUNDING
A new crowdfunding model creates supply and demand for community projects. Project initiators don’t need to complete the project or know anything about cryptocurrencies. Donors get tax deductions. Socially visible projects enhance reputations.
CRYPTOCURRENCY
A portion of a project’s crowdfunded proceeds go to token purchases, driving currency demand. The rest goes to material, one supervisor’s wages, and wages for those stuck in poverty to complete the project. The currency’s supply is hard capped, so each project reduces liquid token supply.
‘PENSION’ FUND AND INTEREST ALIGNMENT
In addition to hourly wages, paid in USD, cryptocurrency worth half of the day’s earnings is deposited into a medium-term pension fund-like entity - further reducing liquid token supply and aligning the interests of investors and society’s most vulnerable.
Roadmap
| “ | April 2017 : Concept &material development, backend coding June 2017 : First hires July 2017: Pre-ICO on Jul 10, backend alpha on GitHub August 2017 : Legal incorporation, front-end development September 2017 : MVP development, partnerships, Korean expansion October 2017 : MVP release. Alpha version of crowdfunding site January 2018 : ICO dates announced, hard capped at $13 mil. February 2018 : SAFT Round Q1 2018 : RootProject Pilot City expansion March 2018 : RootProject full crowdfunding app completed April 2018 : Public ICO Q2 2018 : Worker's app completed July 2018 : Post-Pilot City expansion (15+ cities) Q2 2019 : Full national expansion Q3 2019 : Non-US national pilot Q1 2020 onward : Full non-US expansion[1] | ” |
Team
| name: | title: | links: | group: | photo: | iss: |
|---|---|---|---|---|---|
| Chris Place | Co-founder | Chris Place photo | 3.8 | ||
| Dr. Nicholas Adams Judge | Co-founder & CEO | https://twitter.com/nickadamsjudge | Dr. Nicholas Adams Judge photo | 3.8 | |
| Dr. Ashley Hooper | Advisor | Dr. Ashley Hooper photo | 7.6 | ||
| Anton Kraminkin | Development Director | https://www.linkedin.com/in/anton-kraminkin-b21181b3/ | Anton Kraminkin photo | 5.8 | |
| Zac Filan | Principal Software Engineer | Zac Filan photo | 3.8 | ||
| Alex Bazhanau | Principal Ethereum Engineer | Alex Bazhanau photo | 6.8 | ||
| Mark Streeter | Head of investor outreach | Mark Streeter photo | 3.8 | ||
| David Richey | Director of communications | David Richey photo | 3.8 | ||
| Dr. Stuart Koman | Advisor | Dr. Stuart Koman photo | 7.6 | ||
| Jason Koman | Chief of staff | Jason Koman photo | 3.8 | ||
| Chanmi Kim | Country manager- Korea | Chanmi Kim photo | 3.8 | ||
| Sonny Kwon | TokenPost | Advisors | Sonny Kwon photo | 3.8 | |
| Thomas Graham | Constellation Labs | https://www.linkedin.com/in/tomgtgraham/ | Advisors | Thomas Graham photo | 21.26 |
| Chris Miess | ICONIC | Advisors | Chris Miess photo | 3.8 | |
| Garret Macdonald | Energy Web Foundation | Advisors | Garret Macdonald photo | 3.8 | |
| Christopher Heymann | Daily Ride | Advisors | Christopher Heymann photo | 12 | |
| Alex Yamashita | TLDR | Advisors | Alex Yamashita photo | 7 | |
| Dr. Ashley Hooper | Keystone Strategy | Advisors | Dr. Ashley Hooper photo | 7.6 | |
| Dr. Stuart Koman | Walden Behavioral Care | Advisors | Dr. Stuart Koman photo | 7.6 | |
| Henry Minden | Constellation Labs | Advisors | Henry Minden photo | 3.8 | |
| Charles Huang | Viral Philanthropy Inc. | Advisors | Charles Huang photo | 6.8 |
External links
RootProject on Twitter
RootProject on Slack
RootProject on Telegram
RootProject on Facebook
RootProject on Medium
RootProject on Bitcointalk
RootProject on Github
RootProject on Reddit
RootProject on Youtube
RootProject Official Website
RootProject Whitepaper
