Acorn Collective ICO and Token Sale Review

Acorn Collective

Acorn Collective

Running Now
Acorn Collective

Acorn Collective

Acorn is a community based project with an expert team which hopes to lower the barriers to entry for getting projects crowdfunded and make funding accessible for everybody. They market themselves as a project which crowdfunds crowdfunding and they hope that this open-minded and liberal approach will see an uptake in projects which may not traditionally receive funding.

About the Project

It is very true to say that crowdfunding is now the most popular way to have your project or startup funded. There are a variety of services on the market to help your project raise the necessary funds. The main problem which many of these services share is an over focus on the upside of a project.

Often it can be difficult for projects which do not have a capitalist core to achieve funding. This is where the Acorn project hopes to step in and make entrepreneurship and funding a realistic dream for the entire global community.

All legal projects will be gladly accepted with very minimal fees thanks to the tokenization of the service. Projects from any country of origin will also be viewed indiscriminately and thanks to the implementation of smart contracts, every transaction will be both transparent and secure.

There is a growing global desire to start business. This is especially prevalent in developing countries and something which the Acorn project wishes to embrace.

The ICO

The ICO-Presale is underway with a generous bonus structure of up to 50% available to early investors in the project. The ICO will continue until June 24th. The general non-discounted price of the token during the ICO mainsale will be $1.40 per 1OAK token.

The Gibraltar based ICO has a softcap of 7,000,000 OAK and a hardcap of 25,000,000 OAK tokens. This can be contributed to with ETH only.

The release of the projects MVP is scheduled to occur in the second or third quarter of 2018.

Residents of both the United States and China will not be eligible to participate in this project.

The Token

The token itself will be known as OAK. There is set to be 39,000,000 tokens available for sale during the ICO period. This figure represents 60% of the total maximum supply of the token. A further 20% will be held in reserve with 16.66% reserved for company members.

Overview

  • SymbolOAK
  • TypeERC20
  • Countryunited-kingdom
  • Start Date2018-05-26
  • End Date2018-06-24
  • Payment MethodETH
  • Total Supply65000000
  • SectorPlatform
  • Start Price1.4 USD
  • PlatformEthereum

Team

  • Dr. Moritz Kurtz
    CO-FOUNDER, CEO

    Digital currency investor, entrepreneur, doctor and dog lover. Moritz has coupled his 4 years in anaesthesia, intensive care and emergency medicine with a passion for entrepreneurship and a belief that creating successful companies should be available to anyone with the passion to create them.

  • Peter-Andreas Kurtz
    CO-FOUNDER, CFO

    Peter-Andreas Kurtz is a corporate finance specialist with over 40 years working for top European banks in Frankfurt, New York, London and Hong Kong. His expertise in MA with some of the world’s best-known brands has given him a deep understanding of financial risk management and analysis.

  • Ed Earle
    CTO

    Ed is a software engineer and architect with over ten years experience in delivering small scale and ERP systems. A professional Scrum Master, Ed’s fascinated by InfoSec and DevSecOps protocols, and is also currently working on a new Agile process framework that focusses on assuring quality for agency-style multi-client software development lifecycles.

  • Edward Lobbett
    COO

    Ed’s the co-founder and CEO of Hoppr, a big data platform that provides the link between digital marketing and offline retail transactions. Ex-South West Chairman of the Institute of Consulting in the UK, Ed has created, owned and consulted for start-ups and traditional businesses for over a decade.

  • Dr. Moritz Kurtz
    CO-FOUNDER, CEO

    Digital currency investor, entrepreneur, doctor and dog lover. Moritz has coupled his 4 years in anaesthesia, intensive care and emergency medicine with a passion for entrepreneurship and a belief that creating successful companies should be available to anyone with the passion to create them.

  • Peter-Andreas Kurtz
    CO-FOUNDER, CFO

    Peter-Andreas Kurtz is a corporate finance specialist with over 40 years working for top European banks in Frankfurt, New York, London and Hong Kong. His expertise in MA with some of the world’s best-known brands has given him a deep understanding of financial risk management and analysis.

  • Ed Earle
    CTO

    Ed is a software engineer and architect with over ten years experience in delivering small scale and ERP systems. A professional Scrum Master, Ed’s fascinated by InfoSec and DevSecOps protocols, and is also currently working on a new Agile process framework that focusses on assuring quality for agency-style multi-client software development lifecycles.

  • Edward Lobbett
    COO

    Ed’s the co-founder and CEO of Hoppr, a big data platform that provides the link between digital marketing and offline retail transactions. Ex-South West Chairman of the Institute of Consulting in the UK, Ed has created, owned and consulted for start-ups and traditional businesses for over a decade.