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The First Completely Free and Open-Access
Blockchain Crowdfunding Platform
Latest Update: 18 January 2018
Visit Our Website
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Acorn Collective Whitepaper / Abstract ii
The Acorn Collective wants to make crowdfunding free.
» We’re building a blockchain-based crowdfunding platform that is free-to-use and
allows almost any legal project from almost any country to be listed on our platform.
» We want to promote social enterprise and democratize access to funding, as
crowdfunding has already done successfully in developed countries.
» However, this is much less the case in developing and emerging economies, which
is something we wish to change.
» Our ecosystem will comprise of
• a crowdfunding hub;
• a secondary marketplace to sell post-crowdfunding goods & services;
• a point-of-sale payments app;
• the Acorn token (“OAK”), facilitating the use of all transactions in our ecosystem
and connecting backers, founders and consumers through a single token.
» Traditional crowdfunding platforms are funded traditionally. Outside investors buy
equity and expect a return from platform profits.
» We aim to use an ICO for funding, meaning returns for token holders are no longer
from equity or profit-sharing, but simply from growth of the ecosystem and OAK.
» Our proposed funding model and the use of blockchain for transactions means we
can offer crowdfunding for free.
In short – we’re changing the crowdfunding industry, by crowdfunding it.
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Acorn Collective Whitepaper / Disclaimer iii
This White Paper has been issued by Acorn Collective Limited on 18 Dec 2017 and should be read in conjunction with
the Company’s ICO terms and conditions (the “Terms”).
The purpose of this White Paper is to provide prospective purchasers with the information on Acorn Collective Limited
to allow the prospective purchasers to make their own decision as to whether or not it wishes to proceed to purchase an
OAK token. This White Paper does not constitute an offer or invitation, or any other sale or purchase of shares, securities,
or any of the assets of the Company.
The Board of Directors of Acorn Collective Limited have taken reasonable care to ensure that, as at the date of this White
Paper, the information contained herein is accurate to the best of their knowledge and there are no other facts, the
omission of which, would make misleading any statement in this White Paper. No representation, warranty, assurance
or undertaking is made as to its continued accuracy after such date. The information contained in this White Paper may
be subject to modification, supplementation and amendment at any time and from time to time.
This White Paper describes the Acorn Collective Limited’s business objectives and the issue by Acorn Collective Limited
of OAK tokens. It has not been reviewed, verified, approved or authorized by any regulatory or supervisory authority.
The publication of this White Paper and the offering of OAK tokens may be restricted in certain jurisdictions. It is the
responsibility of any person in possession of this White Paper and any persons wishing to make an application for OAK
tokens (pursuant to the Terms) to inform themselves of, and to observe, any and all laws and regulations that may be
applicable to them.
This White Paper does not constitute an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation
is not lawful or in which the person making such offer or solicitation is not qualified to do so.
Prospective purchasers of OAK tokens should inform themselves as to the legal requirements and consequences of
purchasing, holding and disposing of OAK tokens and any applicable exchange control regulations and taxes in the
countries of their respective citizenship, residence and/or domicile.
Prospective purchasers of OAK tokens are wholly responsible for ensuring that all aspects of this White Paper and the
Terms are acceptable to them. The purchase of OAK tokens may involve special risks that could lead to a loss of all or
a substantial portion of the purchase amount. The purchase of OAK tokens is considered speculative in nature and it
involves a high degree of risk. Acorn Collective Limited does not represent, warrant, undertake or assure that the OAK
tokens are defect/virus free or will meet any specific requirements of a prospective purchaser. You should only purchase
OAK tokens if you can afford a complete loss. Unless you fully understand and accept the nature of and the potential
risks inherent in the purchase of OAK tokens you should not purchase OAK tokens.
The purchase of OAK tokens is only possible after the prospective purchaser has read, understood and accepted the
Terms. Each prospective purchaser will be required to acknowledge that it made an independent decision to purchase
the OAK tokens and that it is not relying, in any manner whatsoever, on Acorn Collective Limited, its Board of Directors
or any other person or entity (other than such purchaser’s own advisers). Prospective purchasers are urged to consult
their own legal, tax or other advisor before purchasing OAK tokens.
Acorn Collective Limited and its Board of Directors do not provide any advice or recommendations with respect to the
OAK tokens, nor do they endorse such tokens, nor do they accept any responsibility or liability for any use of this White
Paper by any person which is in breach of any local regulatory requirements with regard to the distribution of this White
Paper or any applicable rules pertaining to the offer of OAK tokens.
Statements made in this White Paper are based on the law and practice currently in force in Gibraltar and are subject
to changes in those laws.
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Acorn Collective Whitepaper / Contents iv
1.0 INTRODUCTION 1
2.0 THE ACORN COLLECTIVE 5
3.0 THE OAK TOKEN 9
4.0 TOKEN GROWTH & STABILITY MECHANISMS 16
5.0 REVENUE GENERATION MECHANISMS 19
6.0 PLATFORM SECURITY & DEVELOPMENT 23
7.0 TEAM & ADVISORS 24
8.0 REGULATIONS, COMPLIANCE & JURISDICTION 27
9.0 ROADMAP 28
10.0 RISKS 29
Acorn Collective Acorn Collective Limited, a company limited by shares incorporated in Gibraltar,
that is responsible for the development of the products outlined in this whitepaper.
Backers Users of the Acorn Collective’s platforms that pledge OAK tokens in support of a
Founders Users of the Acorn Collective’s platforms that create and list their project as a
crowdfunding campaign for backers to support.
Project A venture that is created and listed on the Acorn Collective’s platforms for
Acorn token or OAK An Ethereum blockchain, ERC-20 digital token that is used for most transactions
between different users within the Acorn Collective’s platforms.