This project battles people in extreme poverty with a crowdfunding platform for non-profit projects which employs the workers platform. These platforms use ROOTS token in their service fee models and bonus reward programs.
- A new crowdfunding model creates supply and demand for community
projects. Donors get tax deductions. Socially visible projects enhance reputations.
- A portion of a project's crowdfunded proceeds go to token purchases, driving currency demand.
- In addition to hourly wages, paid in USD, cryptocurrency worth half of the day's earnings is deposited into a medium-term pension fund-like entity
10.07.2017 — 10.12.2017
Pre-ICO softcap: $ 100.000 and hardcap: $ 300.000 ICO hard cap: $ 30.000.000 - 34% Post-ICO Schedule - 20% ICO Distribution - 20% Contingency Fund - 10% Employees - 5% Project initiators - 5% Research Fund - 5% Unaffiliated Developers Incentive - 0.4% Bounty Campain
ICO: 1 ETH = 10,000 ROOTS Pre-ICO: 1 ETH = 15,000 ROOTS
Total there are 0.4% fund allocated for Bounties in the following order: 40% Signature campaign 15% Translation and moderation 15% Twitter and Facebook 15% Media and YouTube articles 14% Future contests 1% Meme campaign