RootProject

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RootProject
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[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 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[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]

  1. https://www.rootproject.co/