The Root Project highlights the need to engage all members and levels in Society to interact in a way to uphold the dignity of every Human Being through Crowdfunding and giving employment to the most Vulnerable in our communities. You see most people who are at the bottom of the social ladder don’t want hand outs, they want to work and feel valuable and useful both for themselves and within their families/communities.
Ending homelessness and poverty have been on both the activist and political agenda for a long time now but not enough has been done to alleviate these problems. In comes a dynamic Team of Experts from a variety of fields who have come up with a unique idea to connect people from all walks of life to this end.
THE BENEFITS TO ALL HUMANKIND
How Everyone Benefits:
1. Investors will benefit by purchasing ROOTS TOKEN in the Pre ICO/ICO and from exchanges as the value of ROOTS TOKEN appreciates over time. Venture Capital and Blockchain meet to ignite a formula that will power punch poverty into Oblivion where it belongs. Poverty and Suffering on the magnitude we know today doesn’t belong to a ‘civilized world’.
2. DONORS from every level will not only benefit from the fact that they are doing good but they will also benefit by getting tax breaks/deductions because ROOTS PROJECT will be run as a NON PROFIT ORGANISATION, making their donations tax deductible.
3. Homeless and Impoverished Individuals will at last gain access to the world they reside in by being given tasks and jobs to do, lifting them out of the cycle of poverty into a life of dignity and self worth. They will also be eligible to earn from the pension fund set up in ROOTS TOKEN once they have qualified for this great asset appreciating long term income generator.
4. Humanity as a whole benefits greatly as the gap between the Wealthy and the Poor begins to recede and the disconnect between these groups has been finally broken.
5. World problems stemming from unemployment and poverty will slowly and indirectly be solved, such as refugee and migration issues that have been caused by conflicts and impoverished lifestyles.
ROOT PROJECT: HOW IT WILL WORK
Using a double faceted app, The ROOT PROJECT Interface will execute it’s vision to enable poverty reduction in it’s Eco system.
1. Visionaries and Project Initiators may download the application or log into the website to upload their ideas they want crowdfunded with images and text detailing what they wish donations for. It could be a run down school, a litter collecting exercise, a communal garden landscaping, anything basically that will increase community awareness and betterment of both the Environment and living Entities of the Planet.
2. These Visionaries will either donate all or a portion of what is needed to fund their prospective projects. If it is partially funded by them, then it is left to other good people in the community, ranging from Venture Capitalists, Philanthropists and Bitcoin/Altcoin Whales to your local Grandma who might just want a better future for her Grand kids to donate the rest. If the minimum threshold for funds needed is collected then the project goes ahead, if not all funds are reimbursed to donors and the project is aborted.
3. 87% of the proceeds collected for the project go to the project itself while 3% is used for transfer and credit card/handling costs and 10% is used to buy ROOTS Token off the exchanges which will make the token more valuable as there will be less for sale on the open market. Assigned to each project will be a foreman or project manager and workers from impoverished/homeless back rounds will be chosen to complete the work. They will be paid a minimum wage in USD and half of the value of their wages will be purchased in ROOTS token and placed in a pension fund which they will benefit from once they have completed certain tasks and reached certain criteria.
ROOT PROJECT ICO AND PRE ICO
There will be two phases to the initial investment ICO.
Firstly there will be a short PRE ICO whereby any investor who participates will be able to collect a 50% BONUS of ROOTS TOKEN. In the main ICO Investors can collect a 10% bonus for the first 5 days duration of the crowdsale. You can join the ICO Here: ROOTPROJECT.CO
PRE ICO Date: 10th July 09:00 AM EST – 17th July
Max to raise hard cap: $300k hard cap.
Pre-ICO price : 0.00006(6) ETH per ROOTS
ICO Date: 7th August – 7th September
Max to raise Hardcap: $50 million.
ICO price: 0.0001 ETH per ROOTS
ROOTS PROJECT BOUNTIES
If you have marketing or development skills and want to help in the promotion and marketing of the project, there are awards in ROOTS TOKEN for all those that wish to participate and spread the word to their friends and social media followers and fans!
You can click on the bounty link below for more details on how you can participate. All participants of the bounty campaigns must join the slack room and be active in order to engage in the projects at hand. Whether an Investor or Bounty Hunter, please check all the links below for a more in depth look at ROOTS PROJECT and how it is poised to take initiatives to integrate marginalized members of our society back to where they belong, in an abundant and civilized world where Investors, Philanthropists and the Impoverished can work side by side to create a more pleasant world to live in.
More news and a time line about ROOTS PROJECT will follow in my next post so stay tuned!