Changing the Face of Crowdfunding
Acorn is building a blockchain based crowdfunding platform that's the first to be free and open to any legal project in any country.
- a crowdfunding hub;
- a secondary marketplace to sell post-crowdfunding goods & services;
- a point-of-sale payments app.
Q3-Q4 2017
Jan - Feb 2018
Feb - Mar 2018
Q2-Q3 2018
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
ACORN COLLECTIVE is a platform that transforms crowdfunding making it accessible, transparent and workable to everyone.
PROS:
CONS:
SUGGESTIONS:
NOTE:
The platform provides crowdfunding to everyone supporting the start of the legal and ethical projects and other small businesses leading a greater service economy. This promotes me to invest in the project.
Summary
We believe that Acorn Collective has potential to be a great innovation within the crowdfunding industry. The project will have to add additional information about its goals, but so far it's a solid idea.
Positives
Campaign Module: Acorn Collective has a SAAS campaign module. It has a suite of digital marketing APIs that have their own guides and tools to help founders in their raise. This helps founders pay less for advertising (traditional modules tend to cost 5,000-10,000 to work properly) and complete their crowdfunding campaigns.
Enhanced Data: By combining marketplace services, backer interaction data, and marketing automation tools, Acorn Collective’s data system is more advanced than competing ICOs. They create the largest bank of crowdfunding data which helps monetized an anonymized data lake that helps drive success.
Blockchain Transparency: Blockchain gives full transaction transparency, which results in an increased trust and a larger crowdsale for the founders. All of the transactions are completed via OAK, and the project spending can be tracked. This helps backers more likely to support campaigns that have more money behind them.
Negatives
Crowdfunding Issues: One that could come from this platform is its crowdfunding quality. Acorn Collective will have to filter out good projects from scams to ensure that their user base is investing correctly.
Missing Code Repository: The ICO lacks a Github code repository. This can make some investors skeptical and might shy away developers from looking into this ICO.
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