FAQ: Projects

What projects are in the pipeline?

We have several projects in pipeline, here are the most popular:

▲ Adelpoint (anonymous, encrypted and decentralized file transfer app sharing service)

▲ Siesta Cloud (online travel and accommodation platform)

▲ EPiC (picture distribution)

Can I participate in projects even if I’m not a member?

No, only Founders can participate. To become a Founder you need to have at least 32K ADL

What benefits do I get as a project participant?

▲ Profit participation in projects you choose

▲ Profit participation in different stages of project

▲ Participating in projects´financial structuring (exclusive, discount, pre-sale, etc.)

▲ Receive project specific profit participation token

What are the steps for submitting a project, compared to when it is open for voting?

▲ The first step in submitting a project is for an Innovator (submitter of the project) to submit their idea to the collaboration module. The idea will first be reviewed by the Project Review Committee for consistency to the Adel Philosophy. The Innovator can be more than one person. The role of the Board is to filter projects that go against the Adel Philosophy. For example, if someone proposes an idea that is illegal, immoral or unethical, then it will not pass Board approval.

▲ If the Board approves the project, then the Project Review Committee (PRC) will work with the Innovator and the community members to improve on the idea. This is when Idea Incubation or the I2 stage begins. For example, the PRC will work with the Innovator to address unclear or missing aspects of the idea.

▲ When ready, the idea will graduate to the project planning phase (P2), and will now be designated a “project”. The P2 stage will continue a similar collaborative process to develop the project through the creation of its business plan.

▲ At some stage in the final creation of the project plan, the PRC will assess when the project is ready for a community vote based on the complexity of feedback from the community, and execution of the project plan. The PRC will provide a window where members will vote on the project plan (this will be done on the Voting Module). Acceptance of a project is done by the community.

▲ After the community vote the project moves into the enterprise execution or E2 stage. In this third stage the project team is assembled (based on the project plan), and the project is officially launched.