Acorn Collective | A Blockchain Approach To Crowdfunding

Raising funds for a business has always been a problem most investors and intending business owners have to contend with. With the high interest rates that come with obtaining loans, investors often have a hectic time funding businesses and most times, they end up discarding these businesses entirely.
The evolution of the Internet had revolutionized this and provided an alternative way of raising funds for your desired business. The outcome was the concept called Crowdfunding.
Crowdfunding lets you raise the funds you need for your business. Crowdfunding lets you raise these funds from people, especially through the Internet. It is on record that about $34 billion US Dollars was raised through the Crowdfunding platform. The avenue had helped many investors raise funds that facilitated the growth of their businesses.
Despite what I consider the success recorded on the Crowdfunding platform, there have been some factors that limit the positive outcome of the venture. The biggest limitation the Crowdfunding platform is faced with is its protectionism. Every typical Crowdfunding platform has maximum protection which has served a more negative purpose than the positive outcome that was expected.
Some Crowdfunding platforms reject projects that they don’t seem to find good enough and by this action, most businesses were not able to see the light of the day. More worrisome is the fact that start-up businesses and some other less economically developed countries are not allowed to access the platform. On the other hand, projects that are accepted on the platform often lack sufficient support and are charged a high rate for the service rendered to them.
These problems hampering the growth of Crowdfunding platforms has to be stopped and there’s no better to do this than seeking for an alternative platform that will give you what you want.

Introducing Acorn Collective

Arriving at the choice of a better Crowdfunding platform might be a great task for you but I‘m pleased to let you know that there is actually a better platform out there.
I introduce to you Acorn Collective. I consider Acorn Collective the best Crowdfunding platform; way better than Indiegogo and Kickstarter. Acorn Collective seems the best alternative to Crowdfunding because of its Block Chain model that eases the process.
Acorn Collective is out to lend their full support to emerging businesses and according to them, they “want to accept and support rather than reject and ignore”. This will be a plausible encouragement to emerging businesses and the investors alike. Acorn Collective integrated both the Block chain technology and ICO to facilitate the smooth run of the platform. The Block chain technology was meant to reduce the Ethereum network fees and with ICO, Acorn Collective tends to raise funds from investors and in the long run, eradicate the 5% transaction fees that are common in other Crowdfunding platforms.
Acorn Collective was essentially developed to provide a free and easy to use Crowdfunding platform. It aims to allow legal projects have listings on their platform and also allow ease access to funding.
The Problem at a Glance
There are many problems bedeviling some Crowdfunding platforms and these were some of the things Acorn Collective took into account before initiating this process. There was the problem of restricted access and high transaction fees which in no small measure, scared away investors from using some of these Crowdfunding platforms.
Also, some backers and financers of these Crowdfunding platforms had some doubts about the project. Some of them thought the project to be a pipe-dream and were skeptical to make financial commitments. Most times, the campaigns set on the platform fail to reach their desired target; giving rise to controversies and allegations of embezzlement.
In another scenario, developing countries don’t get much out of these platforms. Only about 2% of raised funds are allotted to them.
These problems have got compounded and led to the distrust of the Crowdfunding platform. These are few key points of Crowdfunding problems. We’re now seeking for a solution.
That Solution is Acorn Collective

I strongly believe that Acorn Collective has a viable solution to the problems we find in some Crowdfunding platforms. Acorn Collective allows you have easy access to their platform as opposed to the restriction you get on the others. Also, they charge you zero fees for your crowdfund. Their funding structure ensures that founders do not require much seed capital; accelerators will introduce and mentor projects themselves.
Also, the Block chain technology on Acorn Collective allows you have transaction transparency. Transactions on the platform are through the OAK and Ethereum token; so you are sure of having a trustworthy transaction.

Acorn Collective also came up with the Acorn Marketplace initiative that provides campaign services from both Acorn and other third parties. Finally, there is the OAK Tokenomics that is used for transactions on Acorn Collective. The ERC-20 standard token called OAK allows you have smooth transactions and with the Acorn Local mobile payment app, you can easily purchase good s and services and initiate point-of-sale transactions using the OAK token.
Acorn Collective offers the following services:
• Legal assistance
• Marketing
• Sourcing and manufacturing
• Technical help such as mobile and block chain application development
From all indications, Acorn Collective will make tremendous contributions that will lead to positive improvements in Crowdfunding.

The Token And Tokensale Details

Token Name: OAK
Token Price: 1 OAK equals 1.4 USD
Platform: Ethereum(ERC-20)
Accepting: ETH
Soft Cap: 7,000,000 OAK
Hard Cap: 25,000,000 OAK

The Acorn Collective Team
I’m pleased to introduce the team of developers that brought up the concept that will improve Crowdfunding; the concept that is now known as Acorn Collective.