Excellent video with an unexpected ending )))
Plenty more to come, glad you enjoyed!
Topic: ✅ [ANN] [ICO] ✅ PRE-SALE SOLD OUT - ACORN COLLECTIVE! ✅ MAIN SALE 26 MAY 2018 - page 207. (Read 251544 times)
January 26, 2018, 09:53:24 AM
Excellent video with an unexpected ending )))
Plenty more to come, glad you enjoyed!
January 26, 2018, 09:34:35 AM
Excellent video with an unexpected ending )))
January 26, 2018, 09:29:00 AM
January 26, 2018, 08:01:37 AM
Hi devs, I understand hard cap acorn is 100kk $, while the soft cap - 5kk $, what is expressed in this difference? If you reach soft cap will you return money to investors?
100kk is too big hardcap. 5кк is a minimum requirement. After collecting the figure of 5 million, the project will be considered conditional. This is enough for initial development.
Our target is $50M USD but we have a stretch target of $100M USD, we realise these are large figures to be discussing to give some context though, Indiegogo raised $56m so far and they're not as regionally-accessible as us, were much earlier into the market and they're far from free. Raising through an ICO is not iterative like private equity funding, there are no further rounds. To make a platform that's free, truly global and competitive we need things like the project incentive fund, a larger development budget and a bigger outreach team as well as other costs to be functional in every market. It's a big undertaking.
January 26, 2018, 05:06:52 AM
Quote
We’ll allow legal and non-harmful projects, irregardless of category to crowdfund for free. Acorn works as well for community projects as it does for huge consumer products. We don't shut you out because you're a local business.
Tell me about what legal problems you are talking about? Can you help with project registration from Ukraine or Mexico? I understand correctly?
January 26, 2018, 04:27:35 AM
Hi devs, I understand hard cap acorn is 100kk $, while the soft cap - 5kk $, what is expressed in this difference? If you reach soft cap will you return money to investors?
100kk is too big hardcap. 5кк is a minimum requirement. After collecting the figure of 5 million, the project will be considered conditional. This is enough for initial development.
January 26, 2018, 04:17:29 AM
Hi devs, I understand hard cap acorn is 100kk $, while the soft cap - 5kk $, what is expressed in this difference? If you reach soft cap will you return money to investors?
100kk is too big hardcap. 5кк is a minimum requirement. After collecting the figure of 5 million, the project will be considered conditional. This is enough for initial development.
January 26, 2018, 01:08:08 AM
Hi devs, I understand hard cap acorn is 100kk $, while the soft cap - 5kk $, what is expressed in this difference? If you reach soft cap will you return money to investors?
January 25, 2018, 11:43:58 PM
Early listing of the OAK token on digital currency exchanges, shortly after completion of the ICO would ensure contributors have a viable exit strategy as well as to allow new users into your ecosyste (WP 4.2.) But what if this would hard dump your token? People who will get bonuses will fix their profit and sell token lower ICO price!!
In the short term, to be frank, we expect there will be dumping by some initial ICO participants. However, this is something quite common among many ICOs, whether they have a large pre-sale bonus or not, and is not something in our immediate control.
The pre-sale token cap of 7m ACO is not a huge percentage of the overall pool
- Max supply is 90m ACO, if we reach the hard cap
- If we just reach our standard funding goal, there will be ~45m+ ACO)
- The bounty program has been allocated 150k ACO
There are other measures we’re taking to mitigate against coin dumping.
We expect the MVP to be ready by late Q2/early Q3
- We maintain active outreach with the community and demonstrate active development occurring to show people that the coin isn't dead, even though the price may have taken a dip
- Release our platform only a few months after the ICO, giving the token real utility and recruiting actual users into the token ecosystem (and thus generating demand for it)
We have designed token growth & stability mechanisms which should further limit the impact of dumping and ensure adoption and growth of users entering the token ecosystem at an early stage
- more info on this can be found in our one-pager and whitepaper
In short, yes we expect there will be some dumping and there's nothing we can do to prevent it completely, however I do think the way we've designed it and plan to move forward with Acorn's platforms and mechanisms a short time after the ICO completes can minimise the impact of dumping and make sure it only lasts a short time.
January 25, 2018, 11:15:22 PM
That is ok. I`m new in crypto and this forum and see that projects need protect their bounty campaigns. Balance between marketing and investors interests 
January 25, 2018, 09:55:21 PM
Interesting project. Really not sure that there is real demand. Crowdfunding theme is not new, the required infrastructure is already there.
Hi, Crowdfunding is growing year on year and the World Bank estimates it will be worth as much as $1 Trillion USD by 2025. There are existing platforms such as Kickstarter & Indiegogo but these exclude many countries in the developing world, charge high fees for use and payments and only accept a small number of projects. Our platform will be accessible in any country, will accept almost any legal project and will be completely free to use. The existing platforms have shown the model works, we are simply improving upon that in a rapidly expanding market.
January 25, 2018, 02:55:10 PM
Interesting project. Really not sure that there is real demand. Crowdfunding theme is not new, the required infrastructure is already there.
Hi, Crowdfunding is growing year on year and the World Bank estimates it will be worth as much as $1 Trillion USD by 2025. There are existing platforms such as Kickstarter & Indiegogo but these exclude many countries in the developing world, charge high fees for use and payments and only accept a small number of projects. Our platform will be accessible in any country, will accept almost any legal project and will be completely free to use. The existing platforms have shown the model works, we are simply improving upon that in a rapidly expanding market.
You write that your platform will be available in any country, but your site is currently only in English. Do you plan to translate into Chinese, Russian, Korean?
January 25, 2018, 02:44:40 PM
Hi folks, sorry for the late responses, the pre-sale starts in 4 days so as you can imagine we've been pretty busy, thanks for your patience.
Cryptobudgie, please tell where in this scheme investors of crowdfunding projects?
Do I understand correctly from WP that will be invest can only holders of OAK-tokens?
January 25, 2018, 02:31:36 PM
Interesting project. Really not sure that there is real demand. Crowdfunding theme is not new, the required infrastructure is already there.
Hi, Crowdfunding is growing year on year and the World Bank estimates it will be worth as much as $1 Trillion USD by 2025. There are existing platforms such as Kickstarter & Indiegogo but these exclude many countries in the developing world, charge high fees for use and payments and only accept a small number of projects. Our platform will be accessible in any country, will accept almost any legal project and will be completely free to use. The existing platforms have shown the model works, we are simply improving upon that in a rapidly expanding market.
You write that your platform will be available in any country, but your site is currently only in English. Do you plan to translate into Chinese, Russian, Korean?
January 25, 2018, 02:25:51 PM
Interesting project. Really not sure that there is real demand. Crowdfunding theme is not new, the required infrastructure is already there.
The infrastructure that exists will require a lot of money as a commission. As I understand the project wants to reduce this figure
I know 7-10%. What will be the commission for this platform? Will it be a flat rate or will there be any hidden charges?
January 25, 2018, 01:47:45 PM
Nice work..
January 25, 2018, 01:42:48 PM
Interesting project. Really not sure that there is real demand. Crowdfunding theme is not new, the required infrastructure is already there.
Hi, Crowdfunding is growing year on year and the World Bank estimates it will be worth as much as $1 Trillion USD by 2025. There are existing platforms such as Kickstarter & Indiegogo but these exclude many countries in the developing world, charge high fees for use and payments and only accept a small number of projects. Our platform will be accessible in any country, will accept almost any legal project and will be completely free to use. The existing platforms have shown the model works, we are simply improving upon that in a rapidly expanding market.
You write that your platform will be available in any country, but your site is currently only in English. Do you plan to translate into Chinese, Russian, Korean?
January 25, 2018, 01:28:01 PM
Interesting project. Really not sure that there is real demand. Crowdfunding theme is not new, the required infrastructure is already there.
Hi, Crowdfunding is growing year on year and the World Bank estimates it will be worth as much as $1 Trillion USD by 2025. There are existing platforms such as Kickstarter & Indiegogo but these exclude many countries in the developing world, charge high fees for use and payments and only accept a small number of projects. Our platform will be accessible in any country, will accept almost any legal project and will be completely free to use. The existing platforms have shown the model works, we are simply improving upon that in a rapidly expanding market.
January 25, 2018, 01:19:07 PM
Hi folks, sorry for the late responses, the pre-sale starts in 4 days so as you can imagine we've been pretty busy, thanks for your patience.
What documents should I submit in order to undergo KYC procedure? Currently, many projects require as proof of address of residence, Bank statements or pay mobile services, unfortunately my Bank does not provide in the statement the address of residence of clients, so for me it is a problem
Hi Morgan, for our KYC we'll need proof of ID such as passport or driving license and a recent proof of address if your ID doesn't have your address on there. For your proof of address you don't have a bank statement you can use Household utility bill (eg gas, electric, water or fixed line telephone but not a mobile phone bill). It must be no more than three months old and show your name and current address. You can also use a credit card bill, tax bill or voter registration letterI think it's not a problem if you continue to answer also detail but one time in 2 days. The address specified in the passport will be enough to confirm my living address for the passing of the KYC?
Sorry for the slow responses, we've been really busy in the lead up to the pre-sale. If you're looking for faster answers check out our Telegram group https://t.me/AcornCollective. If your passport lists your address that's good, but you will still need proof of address dated in the past 3 months.
January 25, 2018, 01:05:15 PM
Interesting project. Really not sure that there is real demand. Crowdfunding theme is not new, the required infrastructure is already there.
The infrastructure that exists will require a lot of money as a commission. As I understand the project wants to reduce this figure
Yes, the work of the platform is planned with minimal commissions for users. This can not be compared with the commissions that are on the market now
In addition to the low fee received by a service its advantages include the transparency of movement of funds of customers and escrow.
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