https://www.investing.com/studios/article-103
'Crowdfunding Done Right - A Land Of (Equal) Opportunity' a great article on us in Investing.com
Topic: ✅ [ANN] [ICO] ✅ PRE-SALE SOLD OUT - ACORN COLLECTIVE! ✅ MAIN SALE 26 MAY 2018 - page 194. (Read 251581 times)
February 08, 2018, 02:28:48 PM
February 08, 2018, 02:01:20 PM
On hacked.com came a fresh review of Acorn, in which the author brought all the arguments for and against:
"
Risks
No product yet. The MVP platform won’t be available until Q2 or Q3 of 2018. Even though the team states they have ventures ready to use it, it’s unclear how legitimate they are and whether they’ll value what the team produces. (-4)
Inexperienced team. The founders don’t have crowdfunding or blockchain experience – the two things the platform revolves around. (-3)
Risky revenue model. A major part of their mid-term revenue strategy is in the Project Incentive Fund and Operations Fund. Banking on a 5%-10% annual return for the Operations Fund is foolish. The Project Incentive Fund is great to get those first users on the platform, but it’s not certain that they’ll stay once the incentives are gone. (-3)
Growth Potential
Good advisor support. The company has a large group of advisors with the skills to help fill the gaps of the management team. (+3)
Untapped market. Acorn is clearly targeting a market that’s vastly underserved. Using this strategy, they could enter the crowdfunding space without having to compete against the big guys. (+6)
Multiple revenue streams. The team seems to be utilizing a “shotgun approach” for their revenue. Testing out different strategies could work well in the beginning and allow them to focus on the most profitable ones as they grow. (+5)
Disposition
Acorn scores +4 out of 10. The platform brings a few novel ideas to the crowdfunding space but their good intentions could be their downfall. It’s rare that you see a company that doesn’t have profit as a primary motive succeed. I’m not saying that it’s not possible – just rare.
The project may have a better chance of success if they narrow in their focus in both their overall company mission and the revenue model they use to get there."
"
Risks
No product yet. The MVP platform won’t be available until Q2 or Q3 of 2018. Even though the team states they have ventures ready to use it, it’s unclear how legitimate they are and whether they’ll value what the team produces. (-4)
Inexperienced team. The founders don’t have crowdfunding or blockchain experience – the two things the platform revolves around. (-3)
Risky revenue model. A major part of their mid-term revenue strategy is in the Project Incentive Fund and Operations Fund. Banking on a 5%-10% annual return for the Operations Fund is foolish. The Project Incentive Fund is great to get those first users on the platform, but it’s not certain that they’ll stay once the incentives are gone. (-3)
Growth Potential
Good advisor support. The company has a large group of advisors with the skills to help fill the gaps of the management team. (+3)
Untapped market. Acorn is clearly targeting a market that’s vastly underserved. Using this strategy, they could enter the crowdfunding space without having to compete against the big guys. (+6)
Multiple revenue streams. The team seems to be utilizing a “shotgun approach” for their revenue. Testing out different strategies could work well in the beginning and allow them to focus on the most profitable ones as they grow. (+5)
Disposition
Acorn scores +4 out of 10. The platform brings a few novel ideas to the crowdfunding space but their good intentions could be their downfall. It’s rare that you see a company that doesn’t have profit as a primary motive succeed. I’m not saying that it’s not possible – just rare.
The project may have a better chance of success if they narrow in their focus in both their overall company mission and the revenue model they use to get there."
+4 is a good result or not? I think the hacked underestimates this project.
February 08, 2018, 01:38:46 PM
On hacked.com came a fresh review of Acorn, in which the author brought all the arguments for and against:
"
Risks
No product yet. The MVP platform won’t be available until Q2 or Q3 of 2018. Even though the team states they have ventures ready to use it, it’s unclear how legitimate they are and whether they’ll value what the team produces. (-4)
Inexperienced team. The founders don’t have crowdfunding or blockchain experience – the two things the platform revolves around. (-3)
Risky revenue model. A major part of their mid-term revenue strategy is in the Project Incentive Fund and Operations Fund. Banking on a 5%-10% annual return for the Operations Fund is foolish. The Project Incentive Fund is great to get those first users on the platform, but it’s not certain that they’ll stay once the incentives are gone. (-3)
Growth Potential
Good advisor support. The company has a large group of advisors with the skills to help fill the gaps of the management team. (+3)
Untapped market. Acorn is clearly targeting a market that’s vastly underserved. Using this strategy, they could enter the crowdfunding space without having to compete against the big guys. (+6)
Multiple revenue streams. The team seems to be utilizing a “shotgun approach” for their revenue. Testing out different strategies could work well in the beginning and allow them to focus on the most profitable ones as they grow. (+5)
Disposition
Acorn scores +4 out of 10. The platform brings a few novel ideas to the crowdfunding space but their good intentions could be their downfall. It’s rare that you see a company that doesn’t have profit as a primary motive succeed. I’m not saying that it’s not possible – just rare.
The project may have a better chance of success if they narrow in their focus in both their overall company mission and the revenue model they use to get there."
"
Risks
No product yet. The MVP platform won’t be available until Q2 or Q3 of 2018. Even though the team states they have ventures ready to use it, it’s unclear how legitimate they are and whether they’ll value what the team produces. (-4)
Inexperienced team. The founders don’t have crowdfunding or blockchain experience – the two things the platform revolves around. (-3)
Risky revenue model. A major part of their mid-term revenue strategy is in the Project Incentive Fund and Operations Fund. Banking on a 5%-10% annual return for the Operations Fund is foolish. The Project Incentive Fund is great to get those first users on the platform, but it’s not certain that they’ll stay once the incentives are gone. (-3)
Growth Potential
Good advisor support. The company has a large group of advisors with the skills to help fill the gaps of the management team. (+3)
Untapped market. Acorn is clearly targeting a market that’s vastly underserved. Using this strategy, they could enter the crowdfunding space without having to compete against the big guys. (+6)
Multiple revenue streams. The team seems to be utilizing a “shotgun approach” for their revenue. Testing out different strategies could work well in the beginning and allow them to focus on the most profitable ones as they grow. (+5)
Disposition
Acorn scores +4 out of 10. The platform brings a few novel ideas to the crowdfunding space but their good intentions could be their downfall. It’s rare that you see a company that doesn’t have profit as a primary motive succeed. I’m not saying that it’s not possible – just rare.
The project may have a better chance of success if they narrow in their focus in both their overall company mission and the revenue model they use to get there."
+4 is a good result or not? I think the hacked underestimates this project.
February 08, 2018, 01:13:33 PM
On hacked.com came a fresh review of Acorn, in which the author brought all the arguments for and against:
"
Risks
No product yet. The MVP platform won’t be available until Q2 or Q3 of 2018. Even though the team states they have ventures ready to use it, it’s unclear how legitimate they are and whether they’ll value what the team produces. (-4)
Inexperienced team. The founders don’t have crowdfunding or blockchain experience – the two things the platform revolves around. (-3)
Risky revenue model. A major part of their mid-term revenue strategy is in the Project Incentive Fund and Operations Fund. Banking on a 5%-10% annual return for the Operations Fund is foolish. The Project Incentive Fund is great to get those first users on the platform, but it’s not certain that they’ll stay once the incentives are gone. (-3)
Growth Potential
Good advisor support. The company has a large group of advisors with the skills to help fill the gaps of the management team. (+3)
Untapped market. Acorn is clearly targeting a market that’s vastly underserved. Using this strategy, they could enter the crowdfunding space without having to compete against the big guys. (+6)
Multiple revenue streams. The team seems to be utilizing a “shotgun approach” for their revenue. Testing out different strategies could work well in the beginning and allow them to focus on the most profitable ones as they grow. (+5)
Disposition
Acorn scores +4 out of 10. The platform brings a few novel ideas to the crowdfunding space but their good intentions could be their downfall. It’s rare that you see a company that doesn’t have profit as a primary motive succeed. I’m not saying that it’s not possible – just rare.
The project may have a better chance of success if they narrow in their focus in both their overall company mission and the revenue model they use to get there."
"
Risks
No product yet. The MVP platform won’t be available until Q2 or Q3 of 2018. Even though the team states they have ventures ready to use it, it’s unclear how legitimate they are and whether they’ll value what the team produces. (-4)
Inexperienced team. The founders don’t have crowdfunding or blockchain experience – the two things the platform revolves around. (-3)
Risky revenue model. A major part of their mid-term revenue strategy is in the Project Incentive Fund and Operations Fund. Banking on a 5%-10% annual return for the Operations Fund is foolish. The Project Incentive Fund is great to get those first users on the platform, but it’s not certain that they’ll stay once the incentives are gone. (-3)
Growth Potential
Good advisor support. The company has a large group of advisors with the skills to help fill the gaps of the management team. (+3)
Untapped market. Acorn is clearly targeting a market that’s vastly underserved. Using this strategy, they could enter the crowdfunding space without having to compete against the big guys. (+6)
Multiple revenue streams. The team seems to be utilizing a “shotgun approach” for their revenue. Testing out different strategies could work well in the beginning and allow them to focus on the most profitable ones as they grow. (+5)
Disposition
Acorn scores +4 out of 10. The platform brings a few novel ideas to the crowdfunding space but their good intentions could be their downfall. It’s rare that you see a company that doesn’t have profit as a primary motive succeed. I’m not saying that it’s not possible – just rare.
The project may have a better chance of success if they narrow in their focus in both their overall company mission and the revenue model they use to get there."
February 08, 2018, 12:48:13 PM
https://cointelegraph.com/ico-calendar/the-acorn-collective
We have been listed on Cointelegraph's ICO Calendar. Be sure to check us out!
Sorry are you from the team as Cryptobudgie? Can you answer have the team something working? Test platform, MVP? May be you planned to say us that exist or will be soon? We have been listed on Cointelegraph's ICO Calendar. Be sure to check us out!
February 08, 2018, 12:05:22 PM
In recent days there has been a strong correction in the prices of crypto-currencies and Acorn fees have decreased, but now the trend seems to have changed and I hope the project will manage to easily reach the hard cap of pre-sale.
In my opinion the project is excellent. Given the fact that now only the beginning of the presale and acorn collected more than 2kk $, I think he has a great future!
February 08, 2018, 11:50:15 AM
In recent days there has been a strong correction in the prices of crypto-currencies and Acorn fees have decreased, but now the trend seems to have changed and I hope the project will manage to easily reach the hard cap of pre-sale.
In my opinion the project is excellent. Given the fact that now only the beginning of the presale and acorn collected more than 2kk $, I think he has a great future! 
February 08, 2018, 11:43:38 AM
Especially good in the project is that people with a great desire to help crypto currency than ordinary currency - that's for sure. Hence the project that would have received say $ 100 can get 150-200. I read the study where I asked how people relate to raising funds for such projects - in general, people respond positively, emphasizing that everything should be transparent and without fraud!
February 08, 2018, 08:55:33 AM
https://cointelegraph.com/ico-calendar/the-acorn-collective
We have been listed on Cointelegraph's ICO Calendar. Be sure to check us out!
We have been listed on Cointelegraph's ICO Calendar. Be sure to check us out!
More of these listings, it helps the project to develop. People learn about it faster
February 08, 2018, 08:29:02 AM
https://cointelegraph.com/ico-calendar/the-acorn-collective
We have been listed on Cointelegraph's ICO Calendar. Be sure to check us out!
We have been listed on Cointelegraph's ICO Calendar. Be sure to check us out!
February 08, 2018, 08:01:18 AM
In recent days there has been a strong correction in the prices of crypto-currencies and Acorn fees have decreased, but now the trend seems to have changed and I hope the project will manage to easily reach the hard cap of pre-sale.
I think that the frequency and volume of investments are influenced by the situation in the cryptocurrency market. While the market storm - the investors are sitting quietly. I think if the market turned around and the price of bitcoin will finally start to grow - investments in the project will increase. February 08, 2018, 07:22:30 AM
In recent days there has been a strong correction in the prices of crypto-currencies and Acorn fees have decreased, but now the trend seems to have changed and I hope the project will manage to easily reach the hard cap of pre-sale.
February 08, 2018, 06:17:34 AM
Guys, how are you gonna cope up with the current situation of the crypto market? Does this greatly impact the ongoing ICO?
This should not be a big problem for Acorn. Almost every project encountered a market dump in during an ICO company. Life is harsh and ugly, and only the strong survive!So it means, no changes on the number of tokens or price per token? I believe so, many have encoutered this but some are adding a percentage to investors or simply a plus tokens to investors.
Yeah we can say that. Hopefully those who bought when eth is at peak will not create such a fuss. One more thing, how is the team handling the security over the information specially client personal data and the ICO itself? We know some projects have suffered from cyber attacks stealing not only information. Thank you!
Basically, this is not cyberattacks but a different kind of phishing and social manipulation. In one big project, they stole $ 2 million simply by posing as administrators who collect a pool for pre-sale.
February 08, 2018, 06:06:52 AM
http://www.thedrum.com/profile/news/282155/acorn-collective-s-streamlined-solution-the-troubles-crowdfunding
Acorn Collective’s Streamlined Solution for the Troubles of Crowdfunding. A nice piece in the Drum.
Acorn Collective’s Streamlined Solution for the Troubles of Crowdfunding. A nice piece in the Drum.
February 08, 2018, 05:51:26 AM
When a founder sets his campaign target he sets it in a USD value.
The OAK contributions count towards this funding target in USD using the current OAK exchange rate at the time.
We then protect the USD value that he has managed so far. If the OAK value goes down in the meantime, Acorn’s platform will have to make up the difference. However, if the OAK value goes up in the meantime, Acorn will be able to keep this difference.
So yes, volatility can be a problem for Acorn, should there be a prolonged or massive downswing right during the time when we’re due to pay large campaign payouts.
This is one of the reasons for the liquidity reserve. It’s an allocation of the ICO proceeds that will help to smoothen out currency swings from large campaign payouts and OAK dumping by founders, but can also be used to sell off some tokens gradually during campaign raises (helping to protect us by locking in the USD value) and also maintain liquidity for us should we need to cover some of these contributions after an OAK downswing.
It is one of the drawbacks of using crypto for campaign contributions, but we believe we’ve got a workable mechanism to overcome this.
That said, we also expect that over the long term, crypto’s volatility, including OAK’s, will improve. Additionally, crowdfunding’s expansive nature (each founder must market his project and recruit his own backers, meaning each project potentially brings in lots of new users into the token ecosystem), our project incentive fund and other token growth mechanisms should help to maintain OAK demand and support the token price over the long term.
The OAK contributions count towards this funding target in USD using the current OAK exchange rate at the time.
We then protect the USD value that he has managed so far. If the OAK value goes down in the meantime, Acorn’s platform will have to make up the difference. However, if the OAK value goes up in the meantime, Acorn will be able to keep this difference.
So yes, volatility can be a problem for Acorn, should there be a prolonged or massive downswing right during the time when we’re due to pay large campaign payouts.
This is one of the reasons for the liquidity reserve. It’s an allocation of the ICO proceeds that will help to smoothen out currency swings from large campaign payouts and OAK dumping by founders, but can also be used to sell off some tokens gradually during campaign raises (helping to protect us by locking in the USD value) and also maintain liquidity for us should we need to cover some of these contributions after an OAK downswing.
It is one of the drawbacks of using crypto for campaign contributions, but we believe we’ve got a workable mechanism to overcome this.
That said, we also expect that over the long term, crypto’s volatility, including OAK’s, will improve. Additionally, crowdfunding’s expansive nature (each founder must market his project and recruit his own backers, meaning each project potentially brings in lots of new users into the token ecosystem), our project incentive fund and other token growth mechanisms should help to maintain OAK demand and support the token price over the long term.
@Cryptobudgie Thank you for your very detailed and re-assuring response (I didn't quote everything, too long). If this is the type of thinking behind this coin I'm more than happy to invest. Kickstarter's days are most definitly numbered.
And please no airdrops, a coin of this quality won't need it.
The situation described by you is absolutely analogous to that as any of us invests in ICO.
For example, when I exchanged my ETH to OAK, its price was about a quarter more expensive than today. Of course, today it is still subject to the exchange of 1600 tokens for one ETH, but ETH was more expensive. And it turns out today OAK I can buy more profitable than a week ago.
What do I want to say by this? We always find ourselves before the choice to invest now or later, or not to invest. These are our risks. And no guarantees. But the project that you decide to give their acorns will obviously have to exchange some of these funds for a fiat currency for to be able to developed their idea. And thus we can say that part of the collected funds probably will be fixed in a fiat currency.
For example, when I exchanged my ETH to OAK, its price was about a quarter more expensive than today. Of course, today it is still subject to the exchange of 1600 tokens for one ETH, but ETH was more expensive. And it turns out today OAK I can buy more profitable than a week ago.
What do I want to say by this? We always find ourselves before the choice to invest now or later, or not to invest. These are our risks. And no guarantees. But the project that you decide to give their acorns will obviously have to exchange some of these funds for a fiat currency for to be able to developed their idea. And thus we can say that part of the collected funds probably will be fixed in a fiat currency.
Thanks for always trying to assist. I'm not too concerned on the OAK value on a personal investor level, fluctuations in crypto are standard. My concern (which Cryptobudgie now explained) was around those fluctuations and how they plan to mitigate them. Honestly if they can deliver what's in the whitepaper OAK can be one of 2018's best investments.
February 08, 2018, 03:33:21 AM
I got a great idea today related to my profession. I think that this can be done in an excellent project and try to place on your platform! Who you know suddenly realize the idea will soon be as simple as "one-two-three"? If the project can be adapted to the different language groups for the collected funds, I think it will be just a bomb!
February 08, 2018, 02:34:51 AM
Do you have any arrangements with exchanges? what happens if you do not reach the softcap?
The team has already answereded this question a few messages above. Negotiations are underway, but at this stage it is still too early to talk about exchanges
February 07, 2018, 11:57:07 PM
Do you have any arrangements with exchanges? what happens if you do not reach the softcap?
February 07, 2018, 07:05:44 PM
Devs, what about other languages ANN? Are they coming or you decided to have only English thread? It is a bit difficult for me to read English WP, I would prefer Korean translation.
It would be good to start ANN thread of the leading countries of investors. This can improve the rate of fees. You have bounty program which will be able help to implement this February 07, 2018, 06:33:57 PM
Devs, what about other languages ANN? Are they coming or you decided to have only English thread? It is a bit difficult for me to read English WP, I would prefer Korean translation.
It would be good to start ANN thread of the leading countries of investors. This can improve the rate of fees. You have bounty program which will be able help to implement thisTranslation of the topic into other languages increases the reach and loyalty of the audience. If the team wants to successfully complete the ICO, it must take care of the maximum coverage of potential investors.
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