New Blockchain Service Akropolis to Launch Their ICO Program Shortly

Share this news:

New blockchain service, Akropolis is soon to launch their ICO program. The Company aims to create the largest smart contract-based pension fund infrastructure on the blockchain. Their upcoming ICO will see a sale of 360,000,000 tokens out of 900,000,000.

Akropolis, a new blockchain service, has announced to launch their ICO program soon. The Company has provided details of their token sale for their ICO which will take place in Q3 2018.

Akropolis is a transparent smart contract-based blockchain that aims to eliminate the deficiencies in world’s pension fund infrastructure.

According to the team, the pension deficit crisis has the largest negative impact on majority of people irrespective of their gender, race, age, and location. The entire system is fundamentally flawed with no solution to mend it.

This Company, therefore, wants to develop a decentralized pension fund blockchain, thereby, creating a safer financial future for humanity, built by and for the people.

“The system designed for pension fund is massively flawed and full of deficits that can create a major crisis in the future. We are aiming to make a more sustainable economic future by using the power of blockchain and tokenization,” said the company’s spokesperson.

Akropolis wants to put users in the driving seat and eliminate the dependency on third parties. With blockchain technology, they want to make the economy efficient and transparent, and reduce fee erosion. They are aiming to bring resilience among critical predictable threats and create a more sustainable future.

The Company’s forthcoming ICO is intended to help them in their cause. This ICO will have a total token supply of 900,000,000. Out of that, 40%, i.e. 360,000,000 will be up for sale at a price of $0.069/token. Akropolis has a hard cap of $25 million from this ICO.

From the remaining tokens, 10% would go towards advisors and early supporters; another 10% to marketing and ecosystem development team. 20% would be given to their team, and another 20% will go towards reserve funds and partnerships.

The hard cap of $25 million will be divided among their several departments. 50% ($12.5 million) will be assigned to technology and talent, 15% ($3.75 million) to partnerships, 10% ($2.5 million) to marketing, 12.5% ($3.125 million) to legal and regulatory, 10% ($2.5 million) to operations, and 2.5% ($625,000) to contingency.

Akropolis is currently headed by Anastasia O. Andrianova (CEO & Founder), a graduate from University of Oxford who has previously worked with Lehman Brothers and was also the Co-Founder and MD of Apiro Capital. Currently, she is also on the advisory board of the Web3 Foundation and The Bee Token.

Another Co-Founder, Kate Kurbanova has previously been an advisor at Latium, a blockchain micro-tasking platform. She is also currently a Product Advisor at Svandis and Head of Analytics at Cindicator.

Sandra Wu is the Senior Advisor to the CEO and General Counsel who is also Principal, Head of Legal & Chief Compliance Officer, at Mercer Investments (Asia).

Other core members include Peter Robertson as Pensions Lead, Aylon Morley for Business Development, Abhimanyu Dayal as Head of Strategy, Jay Mehta as Content & Community Management, and Victor Wiebe as Blockchain Developer.

Sigma Prime, a blockchain and cybersecurity company, has partnered with Akropolis and supplied the latter with few of their experienced professionals.

Adrian Manning (PhD) as Head of Blockchain R&D, Paul Hauner as Smart Contract Development and Audit, and Mehdi Zerouali as Cybersecurity Lead are the ones from Sigma Prime putting their brains in this Company.

According to the spokesperson, the beta version of the B2C product will be released to a private group during Q3/Q4 2018. Akropolis promises to change the face of pension fund infrastructure, and this ICO will aid them in achieving the same.

About the company:
Akropolis is a decentralized blockchain which wants to integrate its service with pension fund infrastructure. The Company aims to be the largest alternative to this infrastructure in the world. They also wish to make fund managers and other industry participants get benefitted from access to token-based mechanisms, reduction of regulatory overheads, etc. Akropolis is currently preparing to launch their ICO through which they want to raise a hard cap of $25 million.

Contact Info:
Name: Tony Tran
Email: Send Email
Organization: Akropolis
Address: Akropolis Decentralised Ltd.Suite 23 Portland House, Glacis Road, Gibraltar
Website: https://akropolis.io/

Release ID: 350732

CONTACT ISSUER
Name: Tony Tran
Email: Send Email
Organization: Akropolis
Address: Akropolis Decentralised Ltd.Suite 23 Portland House, Glacis Road, Gibraltar
SUBSCRIBE FOR MORE