RootProject
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.
Contents
Description[edit]
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[edit]
“ | 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[edit]
name: | title: | links: | group: | photo: | iss: |
---|---|---|---|---|---|
Chris Place | Co-founder | ![]() |
3.8 | ||
Dr. Nicholas Adams Judge | Co-founder & CEO | https://twitter.com/nickadamsjudge | ![]() |
3.8 | |
Dr. Ashley Hooper | Advisor | ![]() |
7.6 | ||
Anton Kraminkin | Development Director | https://www.linkedin.com/in/anton-kraminkin-b21181b3/ | ![]() |
5.8 | |
Zac Filan | Principal Software Engineer | ![]() |
3.8 | ||
Alex Bazhanau | Principal Ethereum Engineer | ![]() |
6.8 | ||
Mark Streeter | Head of investor outreach | ![]() |
3.8 | ||
David Richey | Director of communications | ![]() |
3.8 | ||
Dr. Stuart Koman | Advisor | ![]() |
7.6 | ||
Jason Koman | Chief of staff | ![]() |
3.8 | ||
Chanmi Kim | Country manager- Korea | ![]() |
3.8 | ||
Sonny Kwon | TokenPost | Advisors | ![]() |
3.8 | |
Thomas Graham | Constellation Labs | https://www.linkedin.com/in/tomgtgraham/ | Advisors | ![]() |
21.26 |
Chris Miess | ICONIC | Advisors | ![]() |
3.8 | |
Garret Macdonald | Energy Web Foundation | Advisors | ![]() |
3.8 | |
Christopher Heymann | Daily Ride | Advisors | ![]() |
12 | |
Alex Yamashita | TLDR | Advisors | ![]() |
7 | |
Dr. Ashley Hooper | Keystone Strategy | Advisors | ![]() |
7.6 | |
Dr. Stuart Koman | Walden Behavioral Care | Advisors | ![]() |
7.6 | |
Henry Minden | Constellation Labs | Advisors | ![]() |
3.8 | |
Charles Huang | Viral Philanthropy Inc. | Advisors | ![]() |
6.8 |
External links[edit]
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
Sources[edit]
See Also on BitcoinWiki[edit]