Topic: ✅ [ANN] [ICO] ✅ PRE-SALE SOLD OUT - ACORN COLLECTIVE! ✅ MAIN SALE 26 MAY 2018 - page 195. (Read 251581 times)

Huh, your CEO looks like John Michael Dorian, M.D. aka J.D. from "Scrubs" serial ) such a positive guy!

May be you are rigt but most intresting things take place here in English branch. Concerning Acorn they show here good feedback answering at our questions.

I like it because they think about social initiatives. May be they will help people around the world make it better. In the end this is the first goal of crypto.

I am sure it will help, we need at least Korean, Russian and Japanese  translations.

Maybe you're right and the recovery has already begun. It remains to wait for additional investors. Usually in the rising market people have free money) for which your ICO project is suitable)

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

In general, I want to say thank you to people who do all this, the project and the attendant. Was part of this process - it's a pleasure! I have a lot of experience in such projects and I know how it can help the needy. People around the planet will be able to use this for their own benefit and the world around them.

As far as I know, there are not so many projects related to crowdfunding. Therefore, I believe that the project is waiting for success, I like that the team is very open to communication.

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.

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.

Wow! As always team wrote so much that while read forget begin. Thanks Cryptobudgie for such a detailed response.
What about crypto competitor? For example RootProject (not exact but as platform for any projects)?

It’s becoming standard practice for most ICOs it ensures we can use a bank account to store funds in for those people and services that we have to pay in fiat.


Not exactly, but the project incentive fund is 40% of our raise


Thanks for the question.

We only take Ether because adding bitcoin contributions would increase the complexity of our smart contract and sales process, because they are 2 separate blockchains. Our token is an ERC-20 ethereum token, so people would need an ether wallet anyway. We don’t believe it would make that much of a difference to most people.




We had a slight issue with our KYC integration that was fixed within two hours 😊



Our platform follows the traditional Kickstarter model as a reward crowdfunding platform, whether it be the latest tech gadget in Silicon Valley or a Chicken farm in Ghana all our welcome on our platform, whereas Coinstarter and others like it a for ICOs only.



Tokens will not provide voting rights to holders.


Acorns are a fantastic symbol for growth; how small ideas can grow into great things. Collective reflects the community nature of our platform and how many people come together to help a great vision be realised.


We are speaking with a number of exchanges at the moment, but as wont be listed till after the ICO these are still at early stages. We will be partnering with Bancor to provide immediate token liquidity.



If you head to icoreward.com you can see all bounty details.



For the ICO the softcap is USD 5M with a target of USD 50 M and a hardcap of USD 100M, sorry, but there will be no discounts available at the ICO stage


The first 24 hours and the last 24 hours are normally the busiest for a sale so a slight drop off was expected but we are combating this with a high number of marketing campaigns.


The warnings have been pre-emptive more than anything else. Like most pre-sales there have been scammers around but we’ve been very active in the channel which has gone a long way to preventing them




Not the first time we’ve had this one! Acorn is a very popular name for many companies, I grew up with Acorn Computers; a great educational tool. For as long as there are Acorns and companies wishing to symbolise growth and transformation the name Acorn will be used! But we feel the addition of Collective makes unique and a strong reflection of our brand values and identity



Our Copywriter Tayana will produce an article on this I believe


Thanks for the question. ECN provide a range of expertise and training on crowdfunding, so we’re using the partnership to inform our own training packages and best practice in crowdfunding. Also, they are putting together an ICO and blockchain working group that we’re just speaking to them now about being a part of. We want to use the partnership with a leading organisation to be a closer part of the crowdfunding community, develop and share best practice and influence crowdfunding within blockchain.


Absolutely, mobile is vital to what we are doing as in many developing countries mobile is the only way to access the internet. Things are going great with the pre-sale thanks, 2,453,540 OAK sold at time of writing


We will do, for listing plan, please see previous answers ^^^  


Most of our team is based in the UK but the company is registered in Gibraltar


Head to  aco.ai to check out our project pages. All projects on the platform will be reviewed before approval if they are illegal according EU law they wont be allowed. If the are legal but ethically questionable they will be reviewed, by our ethics board, comprised of people of different ages, nationalities genders etc who will decide , if they fail to reach a decision it will be put out to public vote and we will let the community decide. Beyond that we will accept any projects and people will decide with their backing whether a project succeeds or not.


All our current partnerships are listed on our website, this list will grow when we confirm partnerships with accelerators worldwide, we’re in a talks with a lot so hope to announce some soon.


We recommend 150K gas limit minimum, 25 gwei


Pre-sale closes 19th Feb, no bonus but tokens are available at 50% discount, bar on website updates automatically 😊


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.



We’re confident the recovery is underway and we are already in a great position despite the correction and with the marketing we have going out should we should be fairly immune from issues in the market on a macro level

Any ICO project looks like a startup trying to collect USD with beautiful photo. Of course you will need to have OAK tokens. Tokens are an inalienable part of the blockchain

Can someone gie me an answer on this? This is the only thing stopping me from investing. Putting it simply I would like to know if project is funded in oak and oak decreases in value how does that effect the target of the project?

What must I do in case I want to start my crowdfaunding on your platform. Is this mandatory to have OAK tokens? What about raitings of projects incide Acorn  platform do you plan realize this. For now all I see that there is few startups tryin to collect USD using nice photo and short annotation...

Very interesting and informative article. By the way there are also many interesting videos there are on YouTube about Acorn

https://cryptocoin.news/analysis/out-of-little-acorns-6530/

'From Little Acorns, Reshaping The World Of Crowdfunding With Acorn Collective by Jillian Godsil.

That would be fine. The red days are very annoying. I would like to quickly to the moon

It seems to me that the long-term trend of the market has changed yesterday, now we are going to the moon 

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.