Post
Topic
Board Tokens (Altcoins)
Re: 🌲[ANN] RootProject - World's First Tax-Subsidized Cryptocurrency [pre-ICO live]
by
TonTon
on 28/07/2017, 14:32:18 UTC

It looks like we have to wait for more information about this token project, in fact its roadmap is good, just we'll see if this token will be good, like the plan of this project. I will ask permission to bookmark first


Yep, bookmarking it for the September main ICO. I think that the whitepaper wrote about pilot projects in Albuquerque, New Mexico. Those projects do not use any crypto currency. Am I correct to assume that the Albuquerque program was used as an inspiration for RootProject?

Also, another thing. RootProjects claims to have found a name that alligns the interests of investors and the poor. Could your team provide other examples of concepts, that have done same thing?

Yes, correct, Albuquerque program was one of the main inspirations for the project. It's been a huge success - reduced homelessness immensely.

The program is now being replicated across different states in USA.

You can read more about the program here: https://www.cabq.gov/mayor/priorities-initiatives/initiatives/theres-a-better-way

RootProject essentially takes the idea and "puts it on steroids". ROOTS is a way to align the interests of investors and the poor, and thus those programs will be much better financed.