AKROPOLIS: pension of the future
INTRODUCTION
If you are getting older, it is time to start investing and thinking about the future. When we are young, we can invest in riskier investments and might reap awards but when we start to get older, we sgtart to give more attention to steadier investment which can be translated in security for the future. Because of this, the cryptocurrency and blockchain industry presents very interesting option for people looking to save money for the future with the greatest investment rates of the market.
THE PROBLEM
The world's pensions are in grave danger. The societies in the world today are getting older and the system that we have set up today for pension programs is really set up for a lower and smaller population and our baby boomer population is growing so rapidly that we can't keep up with the actual demand of these pensions and the actual money that is required to pay out these pension funds to recipients. It is needless to say that the pension programs are in disarray. Pensions are deficit in many countries as people age more than they used to. Even in countries in which they are not deficit, governments generally make it harder for the people to get their pensions. Medicines are constantly evolving which ensures that the people live longer than they used to in the past. This is making the current pension system inefficient and there is a dire need to overhaul the pension system.
THE SOLUTION
Akropolis is a new blockchain company which works in the field of pensions and savings for retirement. Akropolis is building the world's first open source pension specific network to enable next generation, future proof ecosystem for the pensions sector. This is a necessary move because pension sector is the biggest provider of capital in the financial ecosystem. Akropolis is a blockchain startup with a mission to solve the problem of pensions.
Using an ethereum based blockchain and smart contracts, Akropolis's goal is to create an environment in which the users can be sure that they will really reap the benefits of saving for years for their pension. Akcropolis uses the potential of the blockchain to develop a system in which users have more control on their pensions and do not need to rely on the third parties to pay for the pension. The reliance on the third parties generally ends up badly.
AGENTS OF AKROPOLIS
There will be five parties in the platform that will interact with each other.
Individual user -- a person that uses the platform for pension savings
Pension funds -- organizations in the pension industry who have and maintain their platform.
Fund managers --organizations having the power to buy or acquire assets on behalf of users or pension funds.
Asset tokeniser - compact individual to provide the Akropolis blockchain with source of truth.
Developers -- people who work to build, upgrade the Akropolis platform for pension users.
CONCLUSION
The problem that Akropolis is aiming to solve is truly big and if solved, it would benefit a large number of people and enable then to take control of their pension funds. There is no other major competitor. The team is strong and talented. They have previously completed some successful projects like The Bee Token and Web3 Foundation. The advisors are very good and experienced. They will have a working prototype soon which ensures that it is a legitimate project. The problem of pensions is a real world problem and Akropolis is trying to solve it on a global scale. Investment in this project is recommended.
Website - https://akropolis.io/
Whitepaper - https://link.akropolis.io/whitepaper
Telegram - https://t.me/akropolis_official
ANN - https://bitcointalk.org/index.php?topic=3416631
Published By - smithjones
Profile - https://bitcointalk.org/index.php?action=profile;u=1936039
Interesting information about pensions.
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Dear @smithjones
I hope you take this comment as objectively as you possibly can and not take anything here personal, since I'm only stating facts.
This is one of the most unproductive ideas for an ICO, I've heard in a long time. The sole purpose and creation of cryptocurrency was to get away from fund and pension managers which lost people their whole life savings. Isn't Bitcoin and all of the other cryptos out there, already kinda like a pension fund and instead of greedy institutions, for a change you're in charge and responsible for your own assets? Why in the hell would someone want to give back the ball to a company, just because they released a coin and named it a pension fund coin? Can you please explain what are you actually bringing to the table and what's new?
Ok let's say my grandma gives you a $100 K, that she's been saving up her whole life. Who in the hell is managing her portfolio? What stats and knowledge do they have? What's the ROI? Where do you invest when you get the funds? How are you different from traders on Wall Street?
You're trying to reinvent the wheel. The wheel that people hate by the way. Instead of going forward you're going backwards, copying the trends that have been riping people off for decades now.
I'm saying this in good faith, but before you go out there and promote and pitch the idea to investors, think long and hard what actually is your value. There's no new technology here, nothing which is not already out there in other forms , is there? If you pitch this to someone with experience, you'll get crushed in the first 3 minutes. I always admire people with new projects that try to do something innovative through the blockchain, but this one is a total miss. Please do yourself a favor, scratch this and go back to the drawing board.
That would be my comment to whoever has created this. It's just another shit coin and I wish you wouldn't promote it since it has no value.
No offense and good luck.
Nice Concept
"Man, so many new currencies..
It's like a totally different world"