Type: Platform
💸 As if your biological and social problems of old age aren’t enough to frustrate you, the pension fund industry is an additional burden. While you might have slaved your life hoping for a decent retirement, underfunding and financial crisis in your retirement might be inevitable due to the traditional structure of pension funds. The pension funds are underfunded and have outdated infrastructure filled with conflict of interest and lack of transparency.
Akropolis is a blockchain platform that allows users to connect with different pension funds and experienced fund managers in a transparent and portable environment. By using blockchain and smart contracts, Akropolis is trying to create a cool decentralized global pension infrastructure to provide an alternative for the boring and confusing traditional pension fund structure.
⚙️ The Akropolis platform is a gateway for transactions between asset managers, pension funds, and users. The portfolios of assets built by fund managers are tokenized and made available on blockchain for the investors. This system provides complete on-chain portfolio pension investment transparency to the investor. Currently, the disputes between parties are supposed to be handled by Akropolis Foundation till mediator partners are incorporated. This platform allows individuals to manage all of their pensions in one place which in the traditional system is very difficult especially when people change their jobs since pensions are managed by different companies for different organizations.
Akropolis also plans to launch their tokens AKT on Ethereum with an aim to be blockchain agnostic. Users can control their pensions without any third-party involvement and can allow platform partners to access part of their private data or all of their data to receive rewards of AKT coins. These coins will be added to their pension.
🏆 Clues for:
- Akropolis has a team of highly experienced executives and employees that can overcome the complex issues of pension funds.
- Akropolis is also in discussion with large companies for the partnerships.
- With $25 million hard cap, and with increasing traction in ICOs, Akropolis has a possibility to rebound and grow.
⛔️ Clues against:
- Compliance might be trickier than Trump’s mood since Akropolis is the first ICO to try bringing pension funds in the blockchain. Pensions are typically complex and have different global regulations.
- Trusting ICO with pension requires more proof than prototype from the companies and such mistrust can affect its adoption.
- Strong competition from traditional companies such as Vanguard and Fidelity can be difficult to manage since those companies have the bandwidth to lower their fees, making it easier for the user to not try newer platforms such as Akropolis.
🤝 The case has been solved!
Akropolis is trying to solve the worldwide pension deficit problem. What is worrisome is that Akropolis is taking the - more complex than Nolan’s movies - problem in a quite bold manner to make pensions more accessible and simple for people around the world. However, with low market cap and good timing, they can grow to reach a good enough market cap and can double investors’ investments in a short time.
📊 RATING: 70/100
🌎 Website: akropolis.io
📪 Telegram: https://t.me/akropolis_official
📆 ICO starts: TBA
💰 Hard Cap: 25,000,000 USD
💯 Total tokens: 900,000,000AKT
👛 Tokens to be sold: 360,000,000 AKT
📆 Early Access Sale Start: Ongoing
📜 Whitelist: YES (Period Isn’t Set)
🚫 Private Sale / Presale / ICO: TBA
🔝 Private Sale / Presale / ICO bonus: No Data
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