Initial Coin Offering (ICO): RootProject

4.8/5 - (5 votes)

RootProject ICO

The first round of financing raised 1200 ETH, let us see what they team behind ROOTS will do with this capital.

RootProject (ROOTS)	ICO Status: Finished	28.07.2017
https://www.rootproject.co/ 4.8/5 - (5 votes)	Concept: Economists and social scientists interested in cryptocurrencies are most fascinated by the ability to design an economic asset that restructures the material interests of groups engaged in political economic conflict. RootProject's cryptocurrency, ROOTS, has been constructed so that its value is expected to appreciate over time and the interests of investors are aligned with the very poor. Whitepaper: Get more information	Competitors: RootProject is non-profit, so they do not compete, they plan to work with other non-profits. Think Humaniq, Impak, Bancor
Venture	Raised Capital: 246.000 USD Venture Round: Round 1 $69k Price 0.000066666 for pre-ICO right now, will be 0.0001 during main ICO	ICO token Distribution: September, transferable to exchanges
Mining	Supply: 10b. 2b sold during ICO	Usage: 1. Laborless Crowdfunding 2. A Powerful New Cryptocurrency 3. 'Pension' Fund
Initial Coin Offering	Pre-ICO Launch: 10th July 2017 Pre-ICO Finish: 28th July 2017 ICO Tradable on Exchanges since: still not tradable	Platform: Ethereum
Offices/Locations	New York