THE #MYROOTPROJECT CAMPAIGN
ARE YOU INTERESTED IN GETTING
$25,000 USD TO FUND A PROJECT
THAT BENEFITS YOUR COMMUNITY?
Are you interested in getting $25,000 to fund a project that benefits your community? Have you been hearing about the ballooning value of Bitcoin but don’t know how to get involved? If you answered yes to these questions you should read on and learn more about the #MyRootProject campaign.
RootProject is focused on improving communities and individuals’ lives by combining the power of cryptocurrencies, crowd funding, and a non-profit approach to get public-benefit projects implemented. We’ve already got a bunch of crowdfunding campaigns underway and we are excited to see them fulfill their goals! Even with all these initiatives, we still felt there was an opportunity for RootProject to “put our money where our mouth is” – and so we came up with the #MyRootProject campaign.
What is #MyRootProject? Quite simply, instead of crowdfunding, RootProject is going to fund one project of up to $25,000 out the funds raised by our ICO. As a sign of our appreciation, we will also give 1 Bitcoin to the person who proposes the winning project. When we put this single Bitcoin aside at the beginning of our pre-ICO we didn’t realize it would be as valuable as it is today, but we still want to give it to the winner because it was always envisioned in our budget and because we think getting feedback from our community is critical to the success of our endeavor.
RootProject will be taking proposals from members of our Telegram group and whittling them down to a final 3. Those finalists will get a chance to work with RootProject to flesh out their ideas, provide final cost estimates, and formulate a plan to implement the projects if they are chosen. Once we announce the finalists, we will turn to our community on Telegram to vote for a winner. The winning project will get funded out of the proceeds from our ICO and will get started as soon as possible after our ICO period closes.Have an exciting idea but need some help finding the funds? Can you think of a project but are not sure how to execute? Propose it as part of the #MyRootProject campaign and get help and resources to start making a difference in your community
All project submissions must be proposed via two mediums:
ROOTPROJECT TELEGRAM GROUP
Please provide your project’s name, purpose, location, an estimate of costs, and any partner organizations you might want to include in the project.
Please ensure that Shannon Kane on the RootProject team is aware of your Telegram submission by tagging her @ShannonK
ROOTPROJECT’S “PITCH A PROJECT” FORM
Fill out and submit the form on our website to close the loop.
It is a requirement that proposers join our Telegram group and share their project idea with the community there to be considered.
Proposers should tweet out the broad strokes of their projects using the hashtag #MyRootProject and explain to their networks why they are getting involved. This is also a required step to build interest and awareness in the projects being submitted.
RootProject will choose 3 finalist proposals based on these criteria:
How many people will we help and how will executing your project improve people’s lives?.
We’re always trying to encourage innovative ideas. Show us you’ve got something new and exciting in mind!
We are looking for projects that can be executed quickly – the less red tape to cut through the better
The final day of the RootProject ICO will serve as the deadline for proposals.
The winning proposal will receive funding from RootProject of up to $25,000 to be spent to execute the project.
The person who proposes the winning project will also receive 1 Bitcoin as a sign of our appreciation for working with us on this exciting campaign.