What it takes to build an ICO

After the incredible success of our pre-sale, we’ve been working on creating a sustainable and transparent platform while creating a huge buzz for the upcoming ICO.

Just as Rome wasn’t built in a day, a global crowdfunding platform takes time and dedicated, strategic planning to take off.

We want to make sure that we get everything EXACTLY RIGHT to ensure not only that our main ICO is a success, but that we create a platform that is sustainable in the long term. We learnt a lot from our pre-sale, and we’re implementing this knowledge into the next stage of funding.

Here’s a breakdown of what we’ve been up to, to make sure that our ICO sells out:

Hype, Hype, and More Hype!

We know that HYPE IS ESSENTIAL if we want to hit our cap early, and launch on exchanges at a good price.
It’s a downfall of many ICOs that although they have a strong product, their lack of hype means that they underperform on launch. We know that our product is not only marketable but is globally necessary — now we need the rest of the world to know that.

Build a Visual Prototype

We recognise how important it is for our supporters to see something visual and tangible when it comes to our platform, and how it's going to work. Our developers are already hard at work to produce and present you a prototype of the platform in the near future.

Bringing Huge Advocates on Board

We are already in discussion with some big names in the crypto and crowdfunding world who will be creating a huge buzz about Acorn over the next few months.

Attending Events Worldwide

The team have been flying all over the globe in the lead up to the ICO spreading Acorn’s name far and wide. The team just got back from the World Blockchain Summit in Nairobi where COO Ed Lobbett spoke on the benefits of bringing blockchain to crowdfunding. Before that, we’d been to the Vietnam Blockchain week, and Fintech Week Tel Aviv, where ICO advisor Simon Minton will give a keynote speech about Acorn.

April will see us fly to several more continents, speaking and exhibiting at Blockchain and Fintech conferences, as well as meeting with accelerators and investor groups. Events we’re looking at in the coming months include the world Blockchain Summit in Moscow, and the APAC Blockchain Summit in Melbourne.

Getting Listed on Exchanges

This is a vital part of the ICO process, so we’re investing a lot of time, money and due diligence to make sure that we’re listed on the best exchanges after the ICO. We’re engaging ICO listing consultants to help us with this process.

Refining our KYC Processes

We’ll put our hands up and admit the first 12 hours of our Pre-Sale were not ideal in terms of our KYC processes. In advance of our main sale launch, we’re further streamlining our KYC processes to save time for contributors and the team. For the main ICO, we’ll be processing KYC before the main sale meaning that you’ll be able to contribute automatically without having to wait for identity verification. Sign up to be first to hear about the KYC applications. http://bit.ly/2IFPo4V

Ensuring Sustainability

We want to make sure that our token and platform has longevity to serve its purpose as a global crowdfunding platform. To do this we need to build our team, implement solid processes, and continue building relationships with accelerators worldwide who can connect us with the individuals and startups that need our platform most.

So? Watch this space!

There'll be lots of updates coming next week on our Telegram page http://bit.ly/AcornTelegramChannel