RootProject ICO (ROOTS)

Restructure Capitalism. End Extreme Poverty.


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
3.9

by expert rating and reviews


3.9
ICO PROFILE
4.1
TEAM
4.2
VISION
3.2
PRODUCT
Ended
Token ROOTS
Platform Ethereum
Price 1 USD = 88.5 ROOTS
Raised Unknown
Country USA
ICO Start Date 10 Apr 2018
ICO End Date 13 Apr 2018

About RootProject

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.

Team

Anton Kraminkin member of RootProject ICO
Anton Kraminkin
Development Director

Milestones

  • 1

    APRIL

    Concept & material development, backend coding

  • 2

    JUNE

    First hires

  • 3

    JULY

    Pre-ICO on Jul 10, backend alpha on GitHub

  • 4

    AUGUST

    Legal incorporation, front-end development

  • 5

    SEPTEMBER

    ICO on Sep 5

  • 6

    OCTOBER

    Coins tradable on exchanges, pilot projects

  • 7

    NOVEMBER

    Pilot cities

  • 8

    DECEMBER

    State launch

  • 9

    2018+

    Expansion in States + Worldwide

Financial

Token Sale Info
Token ROOTS
Token Type ERC20
Platform Ethereum
Price in ICO 1 USD = 88.5 ROOTS
Tokens for Sale 2350000000
Investment info
Accepting ETH
Distributed in ICO 18.5%
Hard cap 13000000 USD
Raised Unknown

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