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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] [BOUNTY] FLORACHAIN: Linking the Global Floral Supply Chain on: April 19, 2018, 04:46:45 PM
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2  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [ICO] [BOUNTY] FLORACHAIN: Linking the Global Floral Supply Chain on: April 18, 2018, 08:34:55 PM
FloraChain(FLORA)
Linking the Floral World


FloraChain is altering the trajectory of the floral industry through blockchain technology and the IoT. By designing a radically transparent floral supply chain, FloraChain harnesses grower and factory data to create the Blockchain of Flowers – an unprecedented floral supply network that maps the flower supply journey from grower to consumer.

With an annual market of over $105 billion, this antiquated industry is ripe for disruption.

FLORACHAIN ECOSYSTEM:

Propagators:

Irrefutable evidence of patents and patent applications stored on blockchain
Ability to easily track and collect due royalties

Grower:

Reduction in good product being thrown away or left in the field
Higher per stem revenue selling directly to buyers around the world
Access to additional infrastructure to move their supply
Reduction in last minute cancellations from unreliable sources
Reduce cost to receive funds

Florist:

Lower per stem costs on fresh goods purchased
Lower hard goods costs with factory direct options
Easier and cheaper to send/receive orders locally and internationally
Fulfilling orders through existing networks are now economically viable due to reduction in fresh and hard goods costing
Access to BloomHouse infrastructure to open new sales channels
Sourcing from reliable and verified vendors around the world
Reduce cost to send and receive payments

Floral Community:

Potential source of income by engaging in their passion of floral arrangements
Ability to easily enter the floral market through a shared bloomhouse
Interaction and networking with like minded florists
Local and regional industry meetings and trade show sponsorships

Consumer:

Lower priced flowers without sacrificing quality or seller margins
Access to larger varieties as the global supply is opened up
More ways to purchase flowers via different sales channels
Know what you are buying and who you are buying from
Help good businesses grow with reviews and rewards








TRACTION:

Over 1.2 million consumer flower orders processed to date in North America
Over $128M USD in floral transactions processed since 2010 in US and Canada
Live API interface with over 6,000 floral retailers to exchange flower orders
Over $3,000,000 USD in wholesale flower purchases to date
Access to over 5,000 boxes of live flower inventory daily on the platform
A open source WordPress/Woo Commerce platform with crypto support
A native iOS mobile app for consumers in North America
A beta web-based F2F (florist-to-florist) order transmission system using FLORA tokens
Blind consolidation buying trial resulted in cost reductions of 40-60%  


TOKEN ALLOCATION:

FloraChain will be executing a token sale to raise funds for the continued deployment and commercialization of the FloraChain network and ecosystem. There will be a soft cap of 10 million and a hard cap of $30 million USD for the initial token sale. Total supply of FLORA
tokens will be 500 million.


 




Public Sale: 40%
Tokens are sold to the public and FLORA tokens are integral to using the FloraChain ecosystem.
Reserve: 15%
This will be reserved by FloraChain for use in future strategic partnerships.

Advisors and Partners: 10%
FloraChain is a global project that has drawn experts from around the globe to help make it the most efficient and cost-effective platform for the floral industry. Advisors will be subject to a 50% lock-in period for the duration of a year.

Initial Investors: 8%
FloraChain has been very lucky to have captured the interests of various early investors in the project. A portion of the investment has been converted into tokens.

Flora Laguna: 7%
To jump start the Flora Laguna liquidity pool, we will allocate these tokens here to guarantee payments to vendors should there be pricing volatility.

Bounty: 5%
We cannot spread the word solely and we need community involvement to let people know about this project.

Founders: 15%
Many sleepless nights and incalculable amount of hours have been poured into the project from the team that spans three continents and three different time zones. Founders’ tokens will be split into the following categories:

40% subject to meeting various milestones noted
30% lock-in period of two years
30% distributed over the course of two years








USE OF PROCEEDS:


FLORACHAIN BOUNTY PROGRAM

General Rules:
Sheets will be updated weekly every Monday
The price of FLORA token during any sales period will be pegged at $0.15USD.
For all questions regarding the bounty program please go our bounty telegram channel at https://t.me/FloraChainBounty


Twitter Campaign: 100,000 FLORA Tokens or ~$15,000

Follow official FloraChain twitter account here: https://twitter.com/FloraChain

Compensation:
Follow official Twitter account: 2 stakes/week
Retweet of official account: 1 stake

Rules:
Only one twitter account per person
You must have a minimum of 200 followers to qualify
If you have over 500 followers +10% stake
If you have over 1000 followers +20% stake
If you have over 2000 followers +30% stake
If you have over 4000 followers +50% stake
Account must be active for over 6 months
You must retweet our official account @FloraChain
Duplicate accounts will have all stakes negated

Apply using this form:   https://docs.google.com/forms/d/e/1FAIpQLScDnHNXjB7jebUuk1w-4ig4vSFGFLwnM7PxMrIWm0_SSTqYYQ/viewform


Stake calculation:
If at the end of the bounty program we receive 20,000 stakes then each stake is worth 100,000/20,000 = 5 FLORA. All bounties will be given out at the end of our token sale.

Medium Campaign: 70,000 FLORA Tokens or ~$10,500

Follow official Medium channel here:

Compensation:
Follow us 5 stakes per week
Recommend 5 posts: 10 stakes
Recommend 10 posts 25 stakes

Apply using this form:   https://docs.google.com/forms/d/e/1FAIpQLSf-XfClGfXKC1DdQzIz5ApoXwX-mSUxfQrkPrgixT9mobUz2w/viewform

Telegram Campaign: 70,000 FLORA Tokens or ~$10,500

Join official Telegram channel here: https://t.me/FloraChain

Compensation:
Join official Telegram channel: 10 stakes/week
Community Moderators: 70 stakes/week (Limited availability!)

Rules:
No foul language, crude posts or posting other ICO related links and self promotion. Any such infractions will automatically forfeit participation.
Join and remain in channel throughout the entire sales period
Be active and helpful to other members, inactive users will receive up to 50% less in stakes count.
Duplicate accounts will have all stakes negated

Community Moderators:
We will accept applications or promote members if they consistently promote discussions and post meaningful content.
Potential full-time opening for outstanding individuals.

Apply using this form:  https://docs.google.com/forms/d/e/1FAIpQLSfp8QMZbZLD9l9a-4zUCq9tg5SeY0rWu6ppcf0hAbDN8VLObg/viewform


Linkedin Campaign: 50,000 FLORA Tokens or ~$7,500

Compensation:
Follow FloraChain: 2 stakes
Follow Founders: 2 stakes each
Liking a post: 5 stakes
Constructive commenting on a post: 20 stakes

Follow FloraChain company profile at: https://www.linkedin.com/company/florachain/
Follow Founders profile at: www.linkedin.com/in/tbkanda
Follow Founders profile at: www.linkedin.com/in/alex-frost-b15b5b3/

Rules:
Be constructive in engaging in conversation through comments
No foul language
Account must be active and have over 200 connections minimum to be eligible

Apply using this form:  https://docs.google.com/forms/d/e/1FAIpQLSclQeN_Bcj2Fpn3vgM7AVQ-ZZ2CLYJEC_KK9Wjyl2mGaZGd_Q/viewform

Bitcointalk Campaign: 70,000 FLORA Tokens or ~$10,500

Compensation:
Jr. Member: 0.50 stake per week
Member: 0.75 stake per week
Full Member: 1 stake per week (+0.25 stake for avatar)
Senior Member: 1.5 stakes per week (+0.25 stake for avatar)
Hero Member: 2 stakes per week (+0.25 stake for avatar)
Legendary: 2.25 stakes per week (+0.25 stake for avatar)

Rules:
Must make a minimum of 10 constructive posts per week (max 2 posts per day) with the appropriate signature. Post must have a minimum of 60 characters not including spaces and overused punctuations (…,???,!?!?!, etc)
Signature must be held until the end of the campaign. If you remove or modify the signature in the middle of the campaign you are disqualified and will not be reimbursed.
If your post count does not reach 10 by Sunday you do not qualify for that week.
Posts must be in English only.
This program is for Jr. Members and up only.
Posts must be in the ALTCOIN section
Only good quality posts and posts relevant to the thread will be counted. Banned users will automatically be disqualified.
You are required to post in this thread your current post count every week on Sunday. The spreadsheet will be updated the following Monday.
Deleted posts will not be paid.
The campaign will run until end of the token sale.
No negative trust
Duplicate accounts will have all stakes negated.

Apply using this form: https://docs.google.com/forms/d/e/1FAIpQLSedxz9yVzw0uuymbU_qOTwU_HBfHyB7x-VYJl5coT4pO89E3g/viewform

Translation Campaign: 100,000 FLORA Tokens or ~$15,000

Compensation:
Whitepaper translation: 70 stakes
ANN thread translation: 10 stakes
ANN thread moderation: 1-15 stakes/week

Rules:
Translate ANN *Announcement* thread and WP.
Using Google Translate only will result in all stakes being negated.
Moderate and update your local language ANN thread with our news and updates
4 days period for translation of WP to receive stake.
ANN Thread moderation stakes will depend on frequency of activity.
Members or above only

Languages Needed:
Arabic
Dutch
French
German
Indian
Indonesian
Italian
Japanese
Portuguese
Russian
Spanish
Tagalog (Philippines)
Turkish
Vietnamese

Apply using this form:https://docs.google.com/forms/d/e/1FAIpQLSecAD5VA_gWMzu9_djV4UPGMRJAIeTEDSoSOS10Tbqcflihrw/viewform

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