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: PRE-ICO FINISHED


https://www.rootproject.co/
Initial Coin Offering (ICO): RootProject
4.8 (95%) 4 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 Venture Round
$69k

Price
0.000066666 for pre-ICO right now, will be 0.0001 during main ICO
ICO token Distribution: September, transferable to exchanges
Mining

Bancor
Supply:
10b. 2b sold during ICO
Usage:
1. Laborless Crowdfunding

2. A Powerful New Cryptocurrency

3. 'Pension' Fund
Initial Coin Offering

Initial Coin Offering Bancor
Pre-ICO Launch:
10th July 2017

Pre-ICO Finish:
28th July 2017

ICO Tradable on Exchanges since:
still not tradable

Platform: Ethereum
Offices/Locations

Offices and Locations of RootProject
New York

Team behind RootProject

Dr. Nicholas Adams Judge

Dr. Nicholas Adams Judge

Cofounder

A political economist, Nick received his PhD from the Department of Political Science at the University of Wisconsin-Madison in 2013

Dr. Ashley Hooper

Dr. Ashley Hooper

Advisor

A Senior Economist at Keystone Strategy, Ashley received her PhD from the Department of Economics at the University of California-San Diego.

Chris Place

Chris Place

Cofounder

Chris is a cofounder of Prepd and a Y Combinator alum. Prepd has enjoyed over $5 million is sales in its first 1.5 years.

Social stats off the RootProject

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