Political Platform Direct and Clean. Coalichain ICO rating – not rated.
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Ended ICO : 28/02/18 – 17/05/18
About Coalichain ICO (token sale)
Empowering Voters. Cleaning Politics.
Coalichain is a blockchain-based, mobile platform (app) for accountable, clean, direct elections. It is designed to allow candidates and politicians to present their political agenda directly to their voters and supporters; make clear and accountable promises; transparently raise money and more. It is a virtual environment that “levels the playing field” and, for the first time in human history, allows for truly free and clean from external influences, elections.
Context – We are Paying a Lot for Very Little
Low Confidence and external influences. 88% of people think that elections are important. 45% have confidence in the honesty of the elections (World Bank). Lobbying spend is spiking ($3bn in the US in 2016).Voter turnout, continues to decline – people are disengaging.
Pain: Discounted Voters & Disillusioned Candidates
Candidates who want to win and to keep their position need money and political clout. They have to give up their ideals or bend to the rich and powerful. Voters chronically being discounted, disenfranchised and they are powerless.
Problem: Disappointing the Public has a Better RoI
It is easier, cheaper and less politically dangerous to make empty promises to the public. Voters are easily manipulated and chronically disappointed to the point of indifference. Candidates are more accountable to special-interest groups and less to the public.
Solution: Decentralized Accountable Politics
The Coalichain app allows candidates to get funded by the public and voters to hold their elected officials accountable, with In-app fundraising for a campaign or a cause, smart-contracts governed “stick and carrot” mechanism and flexible, conditioned voting, polls and surveys.
Key Benefits: Transparency & Accountability
Coalichain promotes trust between voters and candidates, and in the political system. Candidates no longer depend on powerful organizations with deep pockets. Voters can control what is done with their vote.