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Sunday, May 6, 2018

[Token Sale] AKROPOLIS - Blockchain Pensions Infrastructure

Website: https://akropolis.io/

Akropolis is helping to rid the world of flaws in pension funds with a new immutable and transparent Smart Contract-Based Pension Infrastructure. Akropolis is a technology platform designed to address deep-seated structural issues of the global pensions sector. It is designed to be a multi-jurisdictional platform for the delivery of pensions, social welfare and future benefits in a portable manner, that over time brings together individual end users and large institutional players in a new system of incentives.       

The current pensions system is based on outdated assumptions, is rife with conflicts of interest and lacks transparency and accountability. Akropolis are addressing that by designing from the ground-up solution that meets peoples’ needs. The two aspects necessarily have to be brought together in a coherent protocol in order to create a future-proof solution that takes into account how its live, work and consume.   


AKROPOLIS VISION

Akropolis vision is to solve the world's pension deficit problem. Akropolis use technology to bring about a more sustainable future and increase resilience in the face of major foreseeable risks. Akropolis harness the blockchain and tokenization to create transparency and economic efficiency with minimum fee erosion. Akropolis place control firmly in the hands and to the advantage of our users, over time removing the reliance on third parties.


AKROPOLIS - PROBLEM & SOLUTION


  • Problem

As observed by a many a sector analyst, most of the world’s state pensions systems function like glorified Ponzi schemes, diverting the savings of younger investors to support the obligations to the older demographic. But like Ponzi schemes, these pension systems can avoid collapse only if the number of people working outpaces those retiring, which is no longer the case. Moreover, these funds must return more than inflation for the beneficiaries to remain independent of state support and maintain their standard of living. With these flaws, aging populations and mismanagement, the collapse of these systems is mathematically inevitable. Akropolis can only avoid this collapse by radically redesigning how the pension systems work.

  • Solution

At the center of every major Roman town was an ‘akropolis’, a fortified hilltop structure which served as a last line of defense. In dire times, the city would secure its wealth within its walls. The akropolis ensured that once the tide of war had receded, the city would have the funds to rebuild. Akropolis creating a pensions fund infrastructure that will make pensions what they are supposed to be: a means of ensuring a safe-and-secure financial future. By design, Akropolis will show individuals how pensions are invested and guarantee that money is never used to pay other people’s debts in an unsustainable glorified Ponzi scheme.


AKROPOLIS WORKS

The over-arching objective of the protocol is to ensure that it is future-proof and that the key participants in the pensions ecosystem are incentivised to take positive actions for the benefit of both end users and the ecosystem. The blockchain enables iron-clad accountability, transparency and immutability, helping to minimise bad actor behaviour and reward good actors.



Akropolis will serve individual users via a mobile app with features that encourage easy saving. Institutional clients will easily onboard and manage their existing assets via our enterprise web app, with all of our solutions backed by the blockchain and smart contracts. Akropolis’ technical architecture platform is a combination of on-chain and off-chain architecture.


ROADMAP

Q3-Q4 2017

  • Angel funding round
  • Pre-sale softcap reached
  • Whitepaper drafted

Q1 2018

  • Strategic partnerships signed
  • Smart contract developed and audited
  • MVU deployed on testnet
  • Whitepaper published

Q2-Q3 2018

  • Token Generation Event scheduled
  • Tokens distributed
  • Institutional partnerships signed
  • Technical architecture finalised
  • MVP deployed with trial clients

Q3-Q4 2018

  • B2C Beta product is released to private group of early adopters
  • B2B product prototype has been completed

Q4 2018

  • Full-featured platform layer is integrated with front-end products on mainnet
  • B2B pilot service is ready to launch with select institutional Users
  • Onboard selected pension fund asset managers
  • Trial users participate in B2C product on a limited basis - similar to a regulatory sandbox
  • QA for Android and iOS apps nears completion

2019+

  • Full audit on library of smart contracts is completed by two independent auditors
  • Release first version of the platform
  • External API is released for third-party add-ons
  • Akropolis hardware wallets ready

TOKEN UTILITY



TOKEN SALE

  • Total supply: 900,000,000 AKT
  • Token price: $0.069
  • Hard Cap: $25,000,000


AKROPOLIS PARTNERS AND ADVISORS



USEFUL LINKS



            
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By: ekowkow
ETH Address: 0xda0f3368664670213A6f841173d7b24a08CF5E24



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