If by now you haven’t heard about the term “crowdfunding”, then you must have probably been living on the moon. Crowdfunding is an initiative for generating funds through members of the public. The funds can be used as capital for setting up a company or engaging in real estate business or even for donation and so much more. Participants who help crowdfund projects get rewarded with their capital back and with specific profits as stated in the terms of the crowdfunding campaign.
Crowdfunding is a fast way to create startup capital and several new companies are leveraging on it to float their businesses but there are problems associated with this style of funding that 3rd party crowdfunding companies seemingly find difficult to tackle. One of the major problems is that despite starting out a campaign early with a long time frame for completion, majority of the campaigns end up failing due to the inability of them to hit their desired target. A percentage of those who do successfully meet their startup capital often always fails afterwards. There is also the issue arising from where the funds go. It is believed that when a campaign is launched, the lowest amount of the funds realized from it is usually going to developing countries who really need a larger share than the developed countries. Another stumbling block to point out is that a large number of the people supporting the project have second thoughts or doubt the legitimacy of the project.
Acorn is a unique blockchain-powered platform that assists both startups and their owners in getting access to funding through a transparent and legitimate crowdfunding process. Acorn believe that crowdfunding should be done in a way that is transparent, accessible and attractively successful and that is why they are going to lead by example via creating an fantastic crowdfunding platform where members projects can be successfully crowdfunded without hassles.
What Acorn Stands to Deliver
Acorn will list and accommodate legal and ethical projects from anywhere around the world without discrimination
Feeless access to use the crowdfunding platform on Acorn as against other 3rd parties that charge as high as 10%
Improved success rate for campaigns with the Acorn Crowdfunding Engine
Transactions done via the ERC-20 blockchain-powered OAK tokens to increase transparency and trust
Access to the Acorn marketplace where post-crowdfunded campaigns can utilize by listing their service or project on the market
An Investors Pride
As the Acorn main sale draws ever nearer, investors can enjoy the alluring dividends that the Acorn project brings. Investors who purchase the Acorn tokens from the ICO will be getting it cheap as the value is expected to go up once the platform is fully operational since all transactions, including crowdfunding, marketplace spending and external purchases will be made with the OAK tokens whose supply is fixed. This alone is a glorious incentive for supporters of the project and to make it even juicier, over 300 projects have been signed up on the Acorn crowdfunding project. Want to learn more? Visit the links below.
Website – https://www.aco.ai
Whitepaper – https://drive.google.com/open?id=0B1PbmmXatTeAODdsWUl4bmRJOW8
Telegram – https://t.me/joinchat/HI_eCBG0fCRCl1ja-d5JDg
Twitter – https://twitter.com/AcoCollective
Facebook – https://www.facebook.com/TheAcornCollectiveICO
Writer - Coltpython
