Akropolis is a rather interesting project that combines elements of a non-government pension fund and a blockchain. Few people know that more than 40% of people, having reached retirement age, do not receive pension payments. The reasons for this are of course quite a lot - it is the unreliability of public and private pension funds, partial or total absence of proper pension contributions, financial or political instability of states, aging of the population ... Enumeration of causes can be carried out indefinitely.
The global pension deficit in the world is 70 trillion US dollars in 2015 and by 2050 will be 400 trillion US dollars. According to analysts of 20 OECD countries have 190% of unsecured pension liabilities. Already now it can be said that traditional pension systems are doomed to destruction.
Akropolis will try to solve these problems by creating fundamentally new approaches to the formation and functioning of the pension system, which will be based on intellectual contracts for savings and investment. Akropolis will generate a sub-market by issuing its token. The owners of the token will be able to make internal crypto-currency transactions. Akropolis will also invest in the real sector of the economy or in the crypto-currency markets due to attracted funds from the issue of tokens. The owners of the token will be able to save their tokens, form their pension fund in the internal token due to accruals of Akropolis, to invest accruals and crypto currency in various projects and investment projects. The whole system is built on blockchain. Storage of information on pension savings, investment, cryptocurrency ...
As can be seen from all of the above, the project combines many functions - instruments of mutual investment, accumulation, the domestic market of mutual settlements, crypto currency exchange operations, etc. We can say that this is the first blockchain project of this kind, which introduces the US funded pension system. The ideal combination of blockchain - security, reliability, prospects.
How it works
Akropolis offers decentralized formations pensions funds and pensions. What does it mean? Having formed the fund of accruals of pension payments, you independently establish the moment when you want to pay your pensions. Akropolis has yet to detail the procedure and terms of payment. Such payments will be made in an internal token, which can be exchanged for other crypto-currencies or be exchange into real money.
All user functionality in Akropolis will be concentrated in personal profiles, access to which is protected from unauthorized access, theft or distortion of data on pension accruals, and investments, the status of tranzactions.
We beleive, this system will be in demand among potential users. If the declared Akropolis balance, transparency and efficiency, will be met. this crypto-currency and the project as a whole, can become a fairly successful example of a stable and reliable instrument for accumulating and multiplying pensions.
ICO and tokens
So, Akropolis plans to issue 90,000,000 tokens. The sale will receive 40% or 36 000 000 tokens. The announced nominal rate will be $ 0.069 \ 1 ETH. Due to the sale of the token, it is planned to raise $ 25,000,000.
It should be noted that a relatively small volume of issue of tokens for sale is claimed. Therefore, the internal market of blockchain of the Akropolis pension fund is created for a relatively small number of people. Sure, you need to have time to invest in such an interesting and unusual project.
Akropolis is currently only start to development the interior crypto currency market. In the 2-3 quarter of 2018 Akropolis plans to implement the ICO. At the moment, Akropolis are at the very beginning of his activity.
Team and partners
The top management of the company is amazing: graduates of Oxford University, Kings College London, LSE, etc. All have extensive experience in Lehman Brothers, Vanguard Asset Management, Weil Gotshal & Manges, Kirkland & Ellis
The partners of the project are ISOLAS, Kenetic Capital, King & Wood MalleSons, Sigma Prime, Prime Block Capital.