Acorn Collective – Pre-ICO and Main ICO Overview
Acorn Collective – We’re serving to fulfill crowdfunding’s promise of being a democratic, accessible manner for small companies to get funding. Present platforms are equity-backed so that they deal with initiatives that give them the most effective return – with excessive obstacles to entry and sometimes insurance policies that each one however shut outgrowing international locations. We wish to crowdfund crowdfunding. Our early backers are token holders, not fairness holders, so they need an expansive platform that values a group challenge in Kenya as a lot because it does a tech challenge in California. The Acorn platform will probably be fully free to make use of in any nation and for any authorized objective. With crowdfunding overtaking VC’s as the most well-liked solution to get funded, and with a rising urge for food for entrepreneurship in growing economies, there’s an enormous and confirmed market. Our group contains the ex-CTO of crowdsale, the worlds largest fairness crowdfunding platform, together with Ian Scarffe, Desmond Marshall aa an skilled industrial group. We’ll associate with profitable accelerators globally to make free reward crowdfunding a actuality.
About Acorn Collective #ACOICO
Altering the Face of Crowdfunding
Acorn is constructing a blockchain primarily based crowdfunding platform that is the primary to be free and open to any authorized challenge in any nation.
ERC-20 token means tiny transaction charges (different platforms: sometimes Three-5%). ICO proceeds fund our Income Technology Mechanisms so we don’t must cost any platform charges for crowdfunding (different platforms: sometimes 5%).
All Authorized Initiatives
We’ll permit authorized and non-harmful initiatives, irregardless of class to crowdfund free of charge. Acorn works as effectively for group initiatives because it does for enormous shopper merchandise. We do not shut you out since you’re a neighborhood enterprise.
Crowdfunding is an impressive success in developed international locations. Rising markets are all however shut out. We’re enthusiastic about an expansive ecosystem, so we’ll permit all non-sanctioned international locations.
Fastened provide token, used for all transactions in our crowdfunding hub, our post-campaign market, our help companies and our point-of-sales fee app. Actual utility means actual demand.
We wish to reward and encourage early adopters. A Mission Incentive Fund offers beneficiant incentives for folks to make use of our platform. Our affiliate rewards offers commissions for profitable recruitment of further customers.
We’ve got a rising checklist of initiatives ready to be listed. Accelerators and incubators in developed and rising markets are partnering with us to supply crowdfunding to ventures and entrepreneurs of their networks.
What are the obstacles to current crowdfunding?
Shuts out Most International locations: Lots of the main platforms like Kickstarter is not going to host campaigns from a protracted checklist of nations, primarily associated to their financial standing. Because of this most growing and non-Western international locations are unable to even apply for the platform, not to mention get funded.
Have to have a Present Funds: Within the majority of circumstances the distinction between getting your challenge on the platform and never, is having spectacular content material to showcase your concept, or a prototype, this — after all — requires a current funds.
It Might Not Get Funded: Even should you handle to get your challenge on the platform — solely a 3rd of initiatives attain their goal. In All or Nothing (AON) platforms because of this even after months of time, and cash, spent on selling your marketing campaign, you can find yourself with nothing.
Excessive Charges: Even as soon as a challenge is listed on the foremost platforms, a payment of between eight and 10% is charged with the total quantity raised. This can be a vital sum of money for startup companies or NGOs.
Funds Can Be Cancelled: With All or Nothing (AON) platforms similar to Kickstarter, the funds are usually not collected till a marketing campaign has reached its aim. Since pledges are added via debit and bank cards, pledges might be canceled or card particulars modified earlier than a marketing campaign finishes. This will go away the founders with a major shortfall that they should fill.
So while the crowdfunding sector is undoubtedly rising exponentially, there are enormous components of the world that aren’t feeling the profit. Sarcastically, these are sometimes components of the world that want it most.
Bridging the hole between a marketing campaign and future profitability. The Acorn Market will probably be a post-campaign retail platform for items and companies that have been efficiently funded on The Acorn Hub, supplied at no further value to Acorn founders. This can present the spot visibility whereas letting founders get a free and efficient new gross sales channel to achieve customers who’ve already expressed an curiosity in crowdfunding and the initiatives.
Whereas platform entry is free for Acorn founders, we may also settle for revolutionary third social gathering merchandise for a small fee. The purpose is so as to add worth to, Acorn founders and the OAK token, within the type of elevated utility.
We purpose to initially permit funds in each fiat forex and OAK tokens. Because the market capitalization of OAK and the variety of customers enhance, we hope using fiat forex on our platform will lower naturally as a result of larger transaction processing charges incurred from fiat funds.
As soon as once more, we hope by raising the utility and demand of OAK within the face of its fastened provide, we are able to generate long-term upward stress on the worth of OAK.
Why OAK Worth Will Develop
OAK is a deflationary token with a hard and fast provide the cap, the value of OAK is decided purely by demand. Demand is pushed by the variety of customers of OAK and its utility. Thus, all our mechanisms meant for maximizing progress in our platforms will routinely additionally work to extend the OAK value.
- MAX Total Supply: 90,000,000 OAK
- Total Public Sale: 72,000,000 OAK
- Pre-Sale: 7,000,000 OAK (50% discount)
- Main ICO Soft Cap: 3,500,000 OAK
- Main ICO Target: 35,000,000 OAK
- Main ICO Hard Cap: 65,000,000 OAK
- ICO For Sale: 80%
- Company: 16.66% ( locked for 2 years)
- Bounty: 3.33%
*There is no minimum funding target for the Pre-Sale.
*The minimum funding threshold is USD 5M in ETH equivalent.
- Fund & Reserves: 50%
- Liquidity: 10%
- Operations Fund: 20%
- Project Incentive Fund & Marketing: 20%
- Expenses: 50%
- Platform Development: 20%
- Operations: 20%
- Team/Advisor Rewards: 10% (not for founder)
Pre-sale Bonus: +50%
– Concept & Team Building – MVP Development Begins – Whitepaper Published – Company Incorporation – Regulatory & Banking
Jan – Feb 2018
29 Jan – 19 Feb ICO Pre-Sale (50% Discount)
Feb – Mar 2018
– Main ICO – Listing on Exchanges
– Release of Acorn MVP – Implement Token Growth & Stability Mechanisms
Initially, part of our ICO proceeds will probably be allotted to our liquidity reserve. If founders choose to obtain their funding in BTC/ ETH or fiat as a substitute of OAK #ACOICO, we’ll use funds from our liquidity reserve to pay them. The extra tokens that we’re holding will then be progressively re-sold on to the open market.
We’ve got designed this mechanism to make forex change simpler and to guard towards massive forex releases as profitable initiatives disburse funds. Because the variety of initiatives will increase over time, the extra demand created for our token will enhance liquidity and decrease the impression of those transactions.
To know the latest information about Acorn Collective project you can visit the link below:
ETH : 0xF4919c366c3ad386f0A5Abe322d6cDe0238CeB28