RootProject is a crowdfunding platform for local projects. A user will download the app or go to the website to start a new project. Mobile-first design allows her to propose a new project – say, a wall garden on her street-facing building – while she’s walking home. A budget, location, before and after images and a short description will be entered. The user then either donates the project amount or makes some initial donation. If she doesn’t cover the budget herself, she then begins a traditional crowdfunding campaign. Donations are received and within thirty days the minimum threshold is reached or the funds are returned. Once the threshold is reached, the project is again reviewed and confirmed. If necessary, the project founder is notified that any permits or other legal permissions are needed from the state or appropriate parties. The total budget for the project is 87% of total donations. 3% is reserved for credit card and handling fees, 10% goes to direct purchase of ROOTS tokens on the open market, increasing token demand. 87% is a higher project spend rate than most charitable organizations are capable of delivering, and in line with major international organizations. When everything is confirmed and ready to go, RootProject assigns a project foreman – a paid employee or contractor – and a budget for materials, tools and labor, aiming to hire a team that can finish the project in one day, if reasonable. A work start date and meeting point is assigned.
Participants will choose from projects that are listed, scheduling projects in their calendar, or reserving a spot for that day. RootProject will work with city, state and nonprofit officials where appropriate in order to reduce the cost of worker recruitment.Visit website open_in_new
|Current Supply||10,000,000,000 ROOTS|
|Total Supply||2,147,483,647 ROOTS|
|24h Volume (coin)||0 ROOTS|
|24h Volume (currency)||$0|
|Last updated||2017-12-16 01:40:24|
Why use coins rating system?Working with cryptocurrencies is mostly unpredictable, risky and uncertain. While this new market is emerging, tens of new coins just like RootProject are showing up to compete for a share every single day, thus making it harder for cryptocurrency investors, traders and buyers to spot opportunities or even protect their capital. We provide different crypto market tools to help anyone in this uncertain environment, but we find the rating system very important for all crypto users as the human race learning process was developed through out the years using other people experiences' as well as other sources.
Why voting?Help others benefit from your knowledge and experience in RootProject, others will help you in other coins.
Who needs this system?In addition to RootProject investors, traders and buyers as we said before, anyone who deals with crypto coins can use it, for instance technical analysts, economists, coin miners, coins users, cryptocurrency coders, security assurance people, writers, bloggers, vloggers, websites, community members, etc...
Can i share this data?Absolutely! Feel free to use all RootProject data online or offline as you see fit. We kindly ask and trust you will credit us as a source.
How to use the system?Well it's simple, rate the aspects related to RootProject that you have experience in, you might rate all aspects, it depends on the person knowledge in a particular cryptocurrency (in this case RootProject). You also might only need the data and don't have the required information to rate, its totally up to you.
Can i change my votes?Sure, you can change your votes within 14 days of your vote date, that won't count as a new vote.
Can i revote?Ya sure, as we all know the human learning process and experience would change the way he/she looks at things, also the crypto currency market is a fast paced market and cryptocurrencies are appearing, growing and changing rapidly, to monitor coins changes properly we allow you to vote again (same coin and subcategory) after 14 days of your first vote date, and it would count for a new vote, so you can come back every two weeks or month and let's know how you experienced RootProject lately.
What coins rating categories mean?We have classified important aspects into five main categories to make things easier for you:
Cryptocurrency Technical Analysis: Using different methods in analyzing the moving of prices in charts to determine trends and speculate future movements.
- Cryptocurrency Accessibility :The ease of reach to cryptocurrencies indicated by its popularity, online and offline community, ability to mine or purchase.
- Cryptocurrency Coding & Security: The quality of a cryptocurrency code which can be determined through its developers activity, code updates and structure, the code documentation and security aspects.
- Storing Cryptocurrency: Simply, how easy its to store this coin? are there enough physical wallets (like printing and hardware) and digital wallets (like apps and websites) to store your owned coins?
- Cryptocurrency Investment: Potential of profitability in long-term and short-term timeframe investments in cryptocurrencies, the quality and diversification it adds to an investing portfolio, and its predictability which means the volatility of a coin.
We appreciate receiving your feedback, if you have any ideas for new categories, subitems or any other ideas please contact us anytime.