Topic: [ANN] [ADL] Adel | Startup Incubator for Blockchain Innovation - page 32. (Read 44194 times)

ICO to begin in march 2017 it's future ICO 

You can find my response to the escrow question here.


Wanbizu seems to be a Bitcoin Media website that targets the Chinese audience. We didn't contact them before they published it, though they did contact us offering marketing services. We then filed their offer for future consideration.

Thats cool. If u tell me whats wanbizu is I will give u a tip on how to privily put ur ads on websites u dont control.

ICO Adel will be using escrow or direct on official website ico ?

Thank you! Let us know if you have any questions with what you see.

He/she published the first a few days ago, more will come  

Added to bookmarks, good luck with your project I will follow your steps

Waiting for white paper. Good luck

Some update: https://dusil.com/2016/12/09/adel-in-forbes-the-economic-times-the-paypers-and-more/

We don't have any firm dates yet, including the ones for the events that the Adel Board will attend, as they're still being arranged. That said, the web seminar and Q&A will likely be sometime in the last two weeks of February. We'll make announcements asap though once things are fully confirmed

that's great to hear. Do you have the date yet so I can mark it in my calendar.

Wanbizu.com published an article covering our announcement - http://www.wanbizu.com/ICO/201612088377.html

Thank you for checking us out. Being undecided is perfectly fine as not all information has been released yet. We'll be putting out updates regularly over the next few months. Please let me know if you have questions about any of them as they go public, as well as with the current information published.


Thank you for coming by and taking a look. Open positions will be announced down the road. At the moment, all article writing is done by the marketing team as we have a copy editor onboard.



Adel chose to use Nxt because of its proven track record of over 3 years. Nxt provides numerous features that benefit the community-based ecosystem that Adel will try to achieve. Essentially, Nxt provides a blockchain as a service (BaaS) platform that is ideal for blockchain innovation. In 2017, Nxt will release Ardor, which will give users the ability to create child chains, which Adel plans to utilize for its project portfolio. With this foundation of advanced blockchain features, the Adel ecosystem can focus on project development, best-in-class business practices, and an efficient and self-sustaining community while capitalizing on the features of Nxt and Ardor as they both evolve.

For projects, other blockchain tech can be used, but the technology of Nxt, including Ardor, will have the right of first refusal.

Will be watching this Crowdsale next year. I may be able to also participate to bounties campaign such as article writing.
Why did you chose Nxt Platform when there are some which are being used by some tokens such as ETH?

I'm undecided yet, but pretty sure that a shitload of posts from sock puppets will help me get a better picture  

Where did you get the idea that that was the claim to proving experience with startups? One of the board members runs two blogs, but that isn't the claim to experience. I assume that you went to the website and found the profile of Gabriel Dusil. His LinkedIn profile provides a more comprehensive view over his experience. Travin Keith also has a lot of experience with startups, as does Fernando Davila with Evocreative, among other members of the team.

Regarding the Forex trading, I assume you're referring to Michal Vavrek. You left out the "extensive" bit which would help indicate that it wasn't something casual in his spare time. I understand, however, that this likely won't count as proof to skeptics, understandably so. His LinkedIn profile was just created though and we're also in the process of adding more information to the team page as well. We'll be publishing this soon. UPDATE: His LinkedIn profile is now updated.

Regarding your questions about our professional contacts, you can check our LinkedIn company page and the contacts we have. On the team page on the website you can also find some information on the experiences of each team member and make some inferences from that. Gabriel's contacts  are also very extensive, as you can see from his LinkedIn profile.

(On a side note, there might be some frustration from readers about information not being fully available right now. This is one of the reasons why participation in the ICO is not open yet and won't be until March. We want as much information ready as possible before the ICO as well as to adjust to what the prospective community wants)


Projects with Adel can be centrally located if the Project Manager chooses to include members on their team who are located in their area if the nature of their operations require it. For example, if a project focuses on a certain geographic area, it would make sense to have at least a majority of the team located in that area. There are exceptions, of course, so this may not always be the case. It's important to point out that the entire Adel team will not necessarily be involved in all of the projects voted on by the community, though they are open to join individually if invited by the Project Manager.


I think my response earlier about our connections addresses this point.


The Adel Community will have access to at least 70% of the funds from the ICO for these projects. Project Managers will need to pitch their plan to the Adel Community, which will vote on the plan, in order to get funding. Projects will be reviewed by the Project Review Committee before it is presented to the community. More information about the PRC and this process will be published in the succeeding white papers.



The Adel Services team will provide advisory services to the projects that are funded by the Adel Community. As mentioned in my response above, the PRC will review projects even before the project is submitted for voting. Consulting services will also be available from the Adel team, including our legal and accounting team.



I don't have any concrete data to disprove the 99% claim, so I'll not get into that, as well as with your opinion on other projects as I am not here to put other projects down.

Regarding avoiding it, of course we can't force you to. But as of now, not all information is released yet and we'd like those who are unsatisfied with the current amount of information to maybe check again in the future to see if the new information provided would be satisfactory to them or not.


Thanks! Yes, new news will be announced regularly until March.


Thank you for seeing our reasoning behind this. On one hand, I understand that people can be unsatisfied with the current information we have, but we really want that people understand what we're trying to do so the white papers and all other things have the release spread out so those interested can look into each one in-depth instead of seeing a large wall of information and perform all the necessary due diligence. This also allows us to categorize things better for those who find out about us when the ICO is near or is going on.


No bounties are published yet but opportunities to participate may be published soon. As with translations, we are going to consider them after the content is more stable. Feel free to PM me though so I can just look through my PMs when we need a certain language and choose someone from there. Please note though that we will not be making a selection based on a first-come-first-served basis.

BM for now and any bounties like translation dev?

agreed, i have to commend them for coming and starting this thread so early, it gives the community literally MONTHS to do their due diligence and see responses from the team here before making our decisions to join/fund them or not, good call on this!

Theres alot of incubation talk this year, who would have thought 2017 may be MORE interesting then this year?

looks interesting project, looking for any future news! i think is quite early to say ....march is long way to go still!

None of your founders have any experience in start-ups: running two blogs does not count (really? You think running a BLOG makes you qualified to run an incubator?)

How do you expect to show others how to be successful when you have not been there yourself? Ridiculous. Another project that has a founder with a background in Forex trading: The way that reads to the non-gullible is someone that traded in their spare time. Tell us what firm you worked for otherwise. Regardless, you clearly weren't very good at it.

What professional contacts do you have that you would be able to direct a start-up to? You do realize that the biggest advantages to incubators is are the following:
1. It centrally locates a lot of entrepreneurs (almost all require working in a community work space), which stimulates creative growth, allows for possible synergies between young companies and possible access to talented recruits. Adel would not be able to do this.
2. People running the incubator have a significant rolodex: a start-up needs advice on "xyz"? Not a problem. Start-up looking to partner with existing giants? Not a problem. Who exactly would you be able to point people to?
3. Incubators usually only provide start-ups with a small amount of funding (depending on incubator might not even be a full seed round), but have contacts with VC's who come in for pitch-days. Most start-ups join an incubator purely with the goal of getting from seed fund to a Series A round. You are not able to do this.
4. Typically, incubators have sponsored partners that provide start-ups with massive benefits (free hosting, cheap consulting etc.), what benefits will start-ups through Adel be receiving?


Unfortunately, the crypto-currency industry is filled with two types of people: Essentially lottery winners (people who had a horde of Bitcoin in the early days, this was luck for 99% of people. Very few (i.e. Roger Ver) actively saw Bitcoin's potential), and then you have all the "get rich quick" people that came after Bitcoin started to take off. These people invest in tons of what is frankly dog shit. So hey, your project might still raise some money.

To sum it up: Would avoid.