RootProject is a new model of crowdfunding platform for public and charity projects. . RootProject ICO rating – not rated.
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Ended ICO : 14/11/17 – 17/11/17
About RootProject ICO (token sale)
RootProject, a non-profit, along with its cryptocurrency, the ROOTS token, are described. Recent innovations in urban public policy, a new cryptocurrency, and a novel model of crowdfunding are brought together to provide a powerful model of crypto asset appreciation and investor-participant interest alignment. This model is generalizable across most sectors. In this instance, the interests of investors and society’s most vulnerable are aligned by creating the world’s first effectively tax-subsidized cryptocurrency.
Currency supply is strictly limited to a hard cap. The currency-institutional system is designed to generate rapid and long term growth in currency demand, as well as repetitive, permanent reductions in token supply. Individuals and institutions can create crowdfunded projects that burnish their reputation with minimal labor – and receive major tax deductions for doing so. Donations to projects directly increase token demand. In addition, a portion of wages is sent to a medium-term worker pension fund-like smart contract, which fuels longterm, systemic reduction in liquid token supply.
Sophisticated machine learning and real time data publication are used to endow the ROOTS token with expected price behavior desirable to large financial institutions with diversified portfolios. This innovation is also generalizable across most cryptocurrencies. If adopted widely it would significantly accelerate value creation in the crypto asset space.