Adel ▲ Opinion ▲ From Blockchain Innovation to Ownership

▲ Incubator Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
Jessica Allen, Blockchain Enthusiast & Social Media Expert

From Blockchain Innovation to Ownership

Blockchain is arguably the most transformative technology since the invention of the Internet. Initially, the cryptocurrency use case with Bitcoin was fuelled by talented developers who were passionate about its stateless ideology. In the Blockchain Adoption Curve (Figure #1), these innovators represented talented technical minds who believed that blockchain could revolutionize the financial world with Bitcoin as its first use case. Although it took some time to gain momentum, this application established confidence that a currency born from code could be viable, powerful and profitable. It took several years for a new group of early adopters to realize its potential beyond a monetary system.Figure #1: Blockchain Adoption Curve

Since the introduction of Satoshi Nakamoto’s white paper in 2008, several other blockchain platforms attempted to establish themselves. However, some of these shut down due to devastating hacking attacks such as the one on the DAO[1], scams such as Coin.mx[2], or due to legal reasons[3]. Meanwhile, governments continue to play catch-up by implementing new regulations to address the growing popularity of cryptocurrencies, and mitigating the security risks of anonymity.

By 2013, a wider audience from many industries began to take notice. These new supporters began to investigate how blockchain could improve society, science, medicine, government and many others.

Despite all this attention, a powerful blockchain startup incubator had yet to be established to help drive innovation in this industry. Even with over 10,000 projects on GitHub[4], blockchain innovation needed a structured environment – not for development, but for all other aspects of launching a successful business.

A Brand that Fuels Innovation

Adel launched in December 2016 to offer such a platform; a home where innovators, investors, and experts can actively participate in a community environment to build viable blockchain solutions. Adel recognized that to build such an ecosystem, necessary legal steps had to be taken to secure their platform. This includes launching a Know Your Customer (KYC), Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF) compliant ICO which began on May 1st, 2017 and continues until May 31st. Their crowdfunding initiative is to sell their Adelphoi (ADL) coin as a cryptocurrency to transact within an exclusive community of like-minded participants.

Some may argue their vision is in opposition to blockchain liberalists who value anonymity, complete freedom, and a stateless society. But Adel believes that a platform that follows regulatory compliance is necessary to legitimize blockchain and move this technology into the mainstream. Adel is poised to create a powerful blockchain ecosystem by establishing six main pillars:

  • A Philosophy for Blockchain Integrity ▲ This is a commitment to their community to uphold the ethical, moral and legal requirements of every member and project in the ecosystem.
  • A Collaborative Blockchain Incubator ▲ Their intention is to serve as the curators of the community. Their goal is to maximize participation and capitalize on the expertise of its members, while providing the freedom and liquidity to exit at any time.
  • Blockchain Diversity and Passion ▲ This ensures that the democratic voting process and project approvals have the depth and range of cultural, political, regional, and economic perspectives.
  • Blockchain Startup Expertise ▲ This is essential to creating business plans that turn ideas into projects and projects into sustainable and successful businesses.
  • Blockchain Portfolio Diversification ▲ The intention is to build a diverse portfolio that spans a variety of industries, creating investments sustained in a strong risk management strategy. Projects that cross several vertical markets ensure stability and sustainability.
  • Blockchain Incubation to Employment ▲ This is Adel’s unsung asset to their powerful ecosystem. Members play an active role in developing projects until they are executed. A member’s role can continue as an expert advisor or employee within the project management team and by demonstrating skills that the project requires.

Adel co-founder and General Manager, Gabriel Dusil, stated, “No technology since the Internet has garnered so much attention. Blockchain is viewed with high potential in helping society to streamline processes; but it’s not a silver bullet, and some proof of concepts will not survive. The proof of concepts that emerge will change computing forever. We want Adel to be a central resource to accelerate ideas to projects. We want to be the leading global brand for blockchain incubation.”

About the Authors

Gabriel Dusil

Gabriel is a seasoned sales and marketing expert with over twenty years of experience in senior level positions at companies such as Motorola, VeriSign (part of Symantec), and SecureWorks (part of Dell). His strengths lie in international business development and strategic partnerships, as well as the unique ability to translate complex ideas and technologies into language that decision makers can easily understand. Gabriel has a Bachelor’s degree in Engineering Physics from McMaster University in Canada and possesses expert knowledge in cloud computing, IT security, and video streaming technologies (Over the Top Content, OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/.

Jessica Allen

Jessica is a blockchain enthusiast and social media community expert with over 25 years of technology and 15 years of digital marketing experience.  As a mother of two, Jess is passionate about blockchain’s potential to innovate industries, unite communities and create a sustainable global economy.  She brings the ability to create conversations with anyone, at any level, about blockchain use cases and potential.  Jess is active on social media @TheJessAllen and volunteers her time with the Isha Foundation to help share the benefits of yoga and meditation as fundamental tools for human transformation.

References

[1] http://www.coindesk.com/understanding-dao-hack-journalists/

[2] https://bitconnect.co/bitcoin-news/404/coin-mx-bitcoin-exchange-fraud-mastermind-pleads-guilty-faces-lengthy-prison-sentence

[3] https://bravenewcoin.com/news/36-bitcoin-exchanges-that-are-no-longer-with-us/

[4] https://news.bitcoin.com/bitcoin-projects-github-surpass-10000/

Adel ▲ Opinion ▲ Blockchain Diversity & Passion

▲ Incubator Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
Jessica Allen, Blockchain Enthusiast & Social Media Expert

Blockchain Diversity & Passion

A strong blockchain should look beyond finance and computing to reach the mainstream. To get there, the platform needs a diverse talent pool that is passionate about ideas. A decentralized collaboration tool has its challenges, but one aspect is certain: individuals from all walks of life can participate in the development and implementation of blockchain technologies in industries where they have the desire and experience.

A diverse community allows members to interact with a variety of ideas and combine them into something greater than the sum of its parts. Individually, those ideas may not be viable, but combined they may turn into a competitive value proposition. Projects developed in isolation don’t have such a luxury. An idea may originate from diametrically opposed industries, with conflicting cultural dynamics, corporate bureaucracy, and political agendas. Bringing people together from completely different disciplines can result in new approaches to solving problems and help to overcome obstacles that would not have been tackled otherwise. Furthermore, a decentralized community flattens the traditional corporate structure. For example, a brick and mortar environment has several layers of hierarchy – “a chain of command” as they say in the military. Many managers would not interface with levels of management much lower than themselves due to ego, power, or personal agenda. In a decentralized community, everyone is essentially treated equally.

A decentralized platform that incubates ideas also has the benefit of streamlining people, processes, and technology. A 10,000-meter view of ideas, business plans, and projects allow for efficiencies that is unprecedented in normal startup initiatives. Those responsible for the idea funnel can combine features from a different idea to make it a better idea. The business team can streamline their process from months to weeks. Likewise, project teams can collaborate on best practices, operational efficiencies, and market intelligence. The ecosystem strengthens as the project portfolio grows and diversifies.

The Internet may have removed international borders of communication, but for startup incubation these barriers still exist. Those in the crypto community are still in relative isolation to the rest of the world in terms of business collaboration. Bringing people together, with a common purpose and investment interests, is a good formula for sustainability and profitability.

 

Figure #1: Success from Diversity

Diversity comes from regional, cultural, vertical, horizontal, and occupational backgrounds (Figure #1). Adel co-founder, Gabriel Dusil says: “We want a diverse community to maintain a spectrum of talent that loves to create and complete projects. The ecosystem benefits when we have hundreds of members representing a diverse talent pool. We realize that not all will actively participate. As with most forums, you have those that observe and those that participate. Our goal is to build a sizable membership pool and incentivize participation. Adel is about bringing the best practices of investment strategies and venture capital expertise to the crypto community.”

About the Authors

Gabriel Dusil

Gabriel is a seasoned sales and marketing expert with over twenty years of experience in senior level positions at companies such as Motorola, VeriSign (part of Symantec), and SecureWorks (part of Dell). His strengths lie in international business development and strategic partnerships, as well as the unique ability to translate complex ideas and technologies into language that decision makers can easily understand. Gabriel has a Bachelor’s degree in Engineering Physics from McMaster University in Canada and possesses expert knowledge in cloud computing, IT security, and video streaming technologies (Over the Top Content, OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/.

Jessica Allen

Jessica is a blockchain enthusiast and social media community expert with over 25 years of technology and 15 years of digital marketing experience.  As a mother of two, Jess is passionate about blockchain’s potential to innovate industries, unite communities and create a sustainable global economy.  She brings the ability to create conversations with anyone, at any level, about blockchain use cases and potential.  Jess is active on social media @TheJessAllen and volunteers her time with the Isha Foundation to help share the benefits of yoga and meditation as fundamental tools for human transformation.

Adel ▲ Opinion ▲ A Philosophy for Blockchain Integrity

▲ Incubator Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
Jessica Allen, Blockchain Enthusiast & Social Media Expert

A Philosophy for Blockchain Integrity

Given Bitcoin’s meteoric rise, some claim that its underlying technology, blockchain, is ushering in an Internet 2.0. Don Tapscott[1], bestselling author and winner of the 2017 Digital Pioneer Award, remarked, “The first generation brought us the internet of information. The second generation, powered by blockchain, is bringing us the internet of value, a new, distributed platform that can help us reshape the world of business and transform the old order of human affairs for the better.”

Even with blockchain’s potential to improve society, not everyone has its best interest in mind. With many deregulated technologies, including the internet, both the corrupt and complaint manage to find a way to profit within the same sandbox. It is for this reason that regulators have needed to play catch-up to blockchain initiatives and cryptocurrencies[2]. The intention is to close gaping holes where criminals are passing with impunity. Once laws are in full force, blockchain service providers will need to seriously consider compliance tactics. This may alienate blockchain liberalists who stubbornly oppose centralized control. But alignment to legislation will also attract mainstream investors who want the confidence and assurance that their investments will be kept safe.

Blockchain’s first application, Bitcoin, was occasionally tainted by nefarious actors who harmed its reputation. Unfortunately, the media perceived Bitcoin as harmful to communities. Now that the blockchain technology has been researched by many financial institutions, there is a common interest to redefine the blockchain brand in a positive light. Integrity in the development, release, and use of new blockchain-based software is of the utmost importance. And both the media and the public should be educated on its benefits.

To create integrity, there are three regulatory considerations for cryptocurrency services in 2017:

  1. Know Your Customer (KYC)
  2. Anti-Money Laundering (AML)
  3. Counter Terrorism Financing (CTF)

Blockchain projects till now had not been subject to such strict requirements. Nor did governments have the regulations in place to enforce these policies. As a result, projects were shut down and investors left empty handed[3] , the most notable being BitInstant[4] and Mt. Gox[5], both of whom contributed to tarnishing the blockchain brand.


Figure #1: Adel Ecosystem Limited’s Commitment to AML4 compliance

Crypto investors are quickly learning acronyms like KYC, AML and CTF. 2017 is the year of significant regulatory change. This is namely due to Directive (EU) 2015/849, informally known as the 4th Anti-Money Laundering directive (Figure #1), or AML4[6] which will be implemented on June 26, 2017[7]. To meet compliance requirements, crypto services must follow detailed auditing and compliance procedures, or risk closure due to regulatory violations.

Adel co-founder Gabriel Dusil says: “Our responsibility is to protect the blockchain brand. We think this is just as important as protecting our own. The foundation from which we built Adel is regulatory compliance and the desire to incubate long-term sustainable businesses. This legitimacy opens our doors to mainstream investors. It’s not just about legitimizing the crypto community as an investment vehicle. It’s about creating innovative projects that will change the world. This alone has the potential to solidify the integrity of the blockchain brand.”

About the Authors

Gabriel Dusil

Gabriel is a seasoned sales and marketing expert with over twenty years of experience in senior level positions at companies such as Motorola, VeriSign (part of Symantec), and SecureWorks (part of Dell). His strengths lie in international business development and strategic partnerships, as well as the unique ability to translate complex ideas and technologies into language that decision makers can easily understand. Gabriel has a Bachelor’s degree in Engineering Physics from McMaster University in Canada and possesses expert knowledge in cloud computing, IT security, and video streaming technologies (Over the Top Content, OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/.

Jessica Allen

Jessica is a blockchain enthusiast and social media community expert with over 25 years of technology and 15 years of digital marketing experience.  As a mother of two, Jess is passionate about blockchain’s potential to innovate industries, unite communities and create a sustainable global economy.  She brings the ability to create conversations with anyone, at any level, about blockchain use cases and potential.  Jess is active on social media @TheJessAllen and volunteers her time with the Isha Foundation to help share the benefits of yoga and meditation as fundamental tools for human transformation.

References

[1] http://dontapscott.com/

[2] http://www.bvdinfo.com/en-gb/blog/compliance-and-due-diligence/what-you-need-to-know-about-aml4, http://www.telegraph.co.uk/business/2017/04/16/regulating-bitcoin-new-frameworks-could-catalyst-cryptocurrencies/ https://coinlexit.wordpress.com/2016/07/06/bitcoin-aml-proposal-of-the-european-commission/

[3] http://www.coindesk.com/70-bitcoin-scams-shut-new-york-law-enforcement/

[4] http://www.businessinsider.com/report-ceo-of-major-bitcoin-exchange-arrested-2014-1?international=true&r=US&IR=T

[5] https://en.wikipedia.org/wiki/Mt._Gox

[6] https://www.bvdinfo.com/en-gb/blog/compliance-and-due-diligence/what-you-need-to-know-about-aml4

[7] http://www.bvdinfo.com/en-gb/blog/compliance-and-due-diligence/what-you-need-to-know-about-aml4

Adel ▲ Opinion ▲ Blockchain Incubation to Employment

▲ Incubator Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
Jessica Allen, Blockchain Enthusiast & Social Media Expert

Blockchain Incubation to Employment

Building a strong ecosystem for startup incubation starts with a foundation of integrity, diversity and collaboration. A philosophy of integrity satisfies the authorities while attracting mainstream players with the capital to bootstrap project development. A collaborative environment is formed to attract talented individuals who are motivated to work together and create viable products. This framework retains talent and rewards their expertise.

The computing age and the internet have enabled new technologies thanks to the passion and commitment of volunteers. Linux has been a big success in the open-source arena with a 66% market share in web-based servers and 99.79% in supercomputers[1]. The SourceForge[2] repository showcases over 430,000 open source projects. Decentralized development has fuelled many of these projects, including blockchain technology.

Decentralized code development provides the framework for fast and efficient project execution. Traditional approaches to project management and leadership still need to be maintained. Hard-working developers have the motivation to succeed, while at the same time enjoy flexibility in their schedule and workspace. When an ecosystem has a whole community that works together, each participant has a devoted motivation for their project to grow from infancy to maturity and ideally sustainability.

Blockchain incubator, Adel Ecosystem, Ltd. is revolutionizing the blockchain incubation process by offering employment opportunities to community members. By having members participate in idea development through to project execution, each participant has a vested interest in ensuring success. They have a personal and financial interest in that growth. The unsung benefit becomes the vast employment opportunities for members across multiple projects. In addition, knowledge and lessons learned on one project can then be utilized in future initiatives. Systematic business planning creates its own efficiencies.

A collaborative environment for blockchain incubation offers its members a central platform from which to incubate ideas. Funding options need flexibility to accommodate both a wider consensus and a narrow one. There needs to be a pool of experts who know how to build businesses, mitigate weaknesses, and maximize revenue potential. Furthermore, the open nature of blockchain requires transparency in various activities of the community, such as voting, key performance metrics (KPIs) of projects, and collaboration.


Figure #1: Passion + Expertise + Capital = Success

Adel co-founder, Gabriel Dusil comments, “We think that employment is a unique benefit of our ecosystem. The members have a vested interest in wanting their projects to be successful. It’s their baby. They invested their hearts, minds and money into the initiative. We feel this is the magic formula behind what we are creating.”

About the Authors

Gabriel Dusil

Gabriel is a seasoned sales and marketing expert with over twenty years of experience in senior level positions at companies such as Motorola, VeriSign (part of Symantec), and SecureWorks (part of Dell). His strengths lie in international business development and strategic partnerships, as well as the unique ability to translate complex ideas and technologies into language that decision makers can easily understand. Gabriel has a Bachelor’s degree in Engineering Physics from McMaster University in Canada and possesses expert knowledge in cloud computing, IT security, and video streaming technologies (Over the Top Content, OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/.

Jessica Allen

Jessica is a blockchain enthusiast and social media community expert with over 25 years of technology and 15 years of digital marketing experience.  As a mother of two, Jess is passionate about blockchain’s potential to innovate industries, unite communities and create a sustainable global economy.  She brings the ability to create conversations with anyone, at any level, about blockchain use cases and potential.  Jess is active on social media @TheJessAllen and volunteers her time with the Isha Foundation to help share the benefits of yoga and meditation as fundamental tools for human transformation.

References

[1] https://en.wikipedia.org/wiki/Usage_share_of_operating_systems

[2] https://en.wikipedia.org/wiki/SourceForge

Adel ▲ Opinion ▲ Blockchain Portfolio Diversification

▲ Incubator Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
Jessica Allen, Blockchain Enthusiast & Social Media Expert

Blockchain Portfolio Diversification

For a blockchain ecosystem to thrive, it must create a sustainable platform to develop, market and deploy projects across a variety of industries. Investment portfolios have their ups and downs. All industries experience the same cycle, and not all projects will enjoy the same level of success. It benefits an organization to incubate a diverse set of revenue-generating projects. This strategy is adopted from tried and true fund management. Sustainability is when there is a positive return on the collective portfolio.

Success is also maximized when participants of the business plan, as well as their project execution, are diversified in experience. Each contributor provides unique expertise during business planning and project execution. Expertise conflict is replaced with collaboration because there is no shortage of experience needed to create a diverse and profitable portfolio. Steady returns are better managed when there is a variety of industries with revenue-generating assets and products.

In the early days of blockchain, development teams focused on one product. When key members left that project, the entire initiative was in jeopardy. In a volunteer-based “future benefit” culture, loyalty is not in salary, it’s in ideology. In the fast-growing world of blockchain, loyalty can now be remunerated with money. This leaves single focused projects vulnerable to the same HR challenges of churn and shortage of qualified mission-aligned talent. When a blockchain ecosystem intentionally creates a diversified portfolio, it mitigates and manages around market cycles and HR challenges.

Blockchain incubator, Adel Ecosystems, Ltd., is banking on the power of a diversified portfolio (Figure #1). They intend to create an environment which leverages business resources across a diversity of projects, while building a structure to attract and retain top talent by offering participation and ownership in a variety of projects. This offers a unique advantage of keeping a qualified team busy in an environment with an assortment of talent and a mixture of backgrounds.


Figure #1: Blockchain Projects Portfolio Diversification

As blockchain expands into different verticals, the potential impact and productivity savings is significant. Before a project can be successful, a solid business plan is needed to construct its foundations. Even before the business planning stage, ideas need to be discussed, debated, and refined. These efforts are ineffective in isolation and resource heavy for projects developed in silos.

A blockchain ecosystem with a diverse portfolio improves its productivity throughout the roller coaster of project life cycles. Knowledge and experience carries forward to each new project and creates an opportunity to repurpose new ideas by contributing to already launched projects, improves the overall portfolio Return on Investment (ROI), and increases the number of technology use cases for faster feedback and improvement. For example, if a team creates the world’s greatest login protocol, it’s used only for that one purpose. In a collaborative diversified ecosystem, that protocol can be integrated into every project, providing a compounding ROI over time. Cross-selling and upselling projects throughout the community needs to be part of the core strategy, or competitors will realize its potential and do the same.

The co-founders of Adel recognized the need for a blockchain incubator to bring collaboration to a very disparate blockchain community. Adel has set out to create a strong platform that fuels a diverse set of ideas, retains talent and attracts venture capitalists interested in cutting-edge technology.

Adel has created a unique platform to attract and retain those with the expertise to create business plans and turn them into viable projects. Processes in Adel’s ecosystem have been established to submit ideas for review and community discussion. A voting and collaboration module will help refine ideas and develop business plans. Their community portal will also have a project module to showcase bi-weekly updates, including Key Performance Indicators (KPIs). The basis of this ecosystem creates synergy between people, process and technology. The liquidity of the Adelphoi coin on external exchanges also enables new members to join the community and bring new perspectives and insights.

Adel co-founder, Gabriel Dusil says: “There is an exploding interest in blockchain technology. Thousands of proof-of-concepts span multiple industries. Blockchain is being tested in government, fintech, healthcare, Internet of things, and ICT (Information Communication Technology. The next few years will determine where blockchain is most practical. We want Adel to be viewed as the go-to brand that accelerates ideas into successful projects.”

About the Authors

Gabriel Dusil

Gabriel is a seasoned sales and marketing expert with over twenty years of experience in senior level positions at companies such as Motorola, VeriSign (part of Symantec), and SecureWorks (part of Dell). His strengths lie in international business development and strategic partnerships, as well as the unique ability to translate complex ideas and technologies into language that decision makers can easily understand. Gabriel has a Bachelor’s degree in Engineering Physics from McMaster University in Canada and possesses expert knowledge in cloud computing, IT security, and video streaming technologies (Over the Top Content, OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/.

Jessica Allen

Jessica is a blockchain enthusiast and social media community expert with over 25 years of technology and 15 years of digital marketing experience.  As a mother of two, Jess is passionate about blockchain’s potential to innovate industries, unite communities and create a sustainable global economy.  She brings the ability to create conversations with anyone, at any level, about blockchain use cases and potential.  Jess is active on social media @TheJessAllen and volunteers her time with the Isha Foundation to help share the benefits of yoga and meditation as fundamental tools for human transformation.

Adel ▲ Opinion ▲ Blockchain Startup Expertise

▲ Incubator Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
Jessica Allen, Blockchain Enthusiast & Social Media Expert

Blockchain Startup Expertise

With most new technologies, it’s rare that mainstream investors dive in and take risks with the unfamiliar and untested. Organized crime, on the other hand, will invest in cutting-edge technologies to drive their initiatives, just like any legitimate business. Criminals use the internet, mobile phones[1], encryption technology, instant messaging, and social media. But none of these technologies have sustained a bad reputation like Bitcoin.

From its launch in 2009, bad press has littered headlines involving Bitcoin, partially due to the Silk Road marketplace[2], the Darknet[3], and other platforms that maintain their anonymity, finance terrorism, traffic drugs and allow them to launder money. During this period, investment capital in blockchain was a mere 93 Million US$ in blockchain investments[4] according to CB Insights[5].

From 2014 to early 2016, VC funding increased tenfold to over 993 million US$. A report by FinTech Global[6] shows 2016 alone closing with half a billion US$ in funding. Within this figure, non-finance related blockchain projects increased by 325% compared to 2015, confirming that blockchain is more than just a FinTech phenomenon. Despite healthy growth, Bitcoin continues to have a negative reputation to some. What is needed to grow venture capital funding to $5 billion, $50 billion and beyond? One approach led by the blockchain incubator, Adel Ecosystem, Ltd.[7], has been to establish standard business practices to attract mainstream investors and business experts. Their vision is to develop projects with a commitment to a philosophy of integrity and regulatory compliance.

Despite bad press, Bitcoin has established a niche success. Creating this market presence was inspired by a vision of a stateless and decentralized currency. Similar to how Skype disrupted international calling revenue and Facebook and Twitter uprooted journalism the notion of decentralizing money hadn’t been considered until Satoshi Nakamoto’s white paper in 2008. Until this point money was considered authoritarian, not to be challenged. Bitcoin continues to be a contentious issue for governments and banks. But those same institutions recognize the value of blockchain as a technology.

However, blockchain is far from a mainstream success. Its relative newness, combined with scams, hacks, anonymity and legalities, prevent blockchain and cryptocurrencies from becoming a “household” technology. Angel and VC funding communities currently view blockchain as too complex and volatile to be considered a viable investment vehicle.

To pull blockchain out of the Darknet stigma, an era of integrity is required. According to Market and Markets[8], blockchain technology will be worth 2.3 billion US$ by 2021, and is expected to grow at a Compounded Annual Growth Rate (CAGR) of 61.5 percent. It is the collective responsibility of Adel to change the perception of blockchain and cryptocurrency and to legitimize this technology by creating ethical, moral, and legal platforms. Ethics and compliance will fuel a wave of mainstream investors entering the crypto industry and establish confidence with serious investors. Besides regulatory oversight, this responsibility lies in equal measure with blockchain service providers. Sustainable and profitable services, in the long term, establish confidence with the mainstream investment community.

Figure #1: Idea to Business Plan to Projects – Life Cycle

 

Co-founder and board member, Gabriel Dusil added, “At Adel, we set out to create a powerful blockchain ecosystem with a spirit of integrity. Our aim is to have passionate and talented members who have a collective goal to be successful. Our approach to achieve this goal is through a platform that incentivises the contribution of ideas, converts those ideas into business plans, and launches profitable projects.”

About the Authors

Gabriel Dusil

Gabriel is a seasoned sales and marketing expert with over twenty years of experience in senior level positions at companies such as Motorola, VeriSign (part of Symantec), and SecureWorks (part of Dell). His strengths lie in international business development and strategic partnerships, as well as the unique ability to translate complex ideas and technologies into language that decision makers can easily understand. Gabriel has a Bachelor’s degree in Engineering Physics from McMaster University in Canada and possesses expert knowledge in cloud computing, IT security, and video streaming technologies (Over the Top Content, OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/.

Jessica Allen

Jessica is a blockchain enthusiast and social media community expert with over 25 years of technology and 15 years of digital marketing experience.  As a mother of two, Jess is passionate about blockchain’s potential to innovate industries, unite communities and create a sustainable global economy.  She brings the ability to create conversations with anyone, at any level, about blockchain use cases and potential.  Jess is active on social media @TheJessAllen and volunteers her time with the Isha Foundation to help share the benefits of yoga and meditation as fundamental tools for human transformation.

References

[1] https://en.wikipedia.org/wiki/Organized_crime#Pre-nineteenth_century

[2] https://en.wikipedia.org/wiki/Silk_Road_(marketplace

[3] https://en.wikipedia.org/wiki/Darknet

[4] https://www.cbinsights.com/research-blockchain-transcript

[5] https://www.cbinsights.com/

[6] http://fintech.global/blockchain-cryptocurrency-startups-hit-record-funding-in-2016

[7] www.adelphoi.io

[8] http://www.marketsandmarkets.com/Market-Reports/blockchain-technology-market-90100890.html

Adel ▲ Community ▲ Nxt Address Token Generation

▲ Walkthrough Series

ADL Coin Distribution Procedures

Due to several inquiries from stakeholders regarding their Nxt Address’s secret passphrase, we have implemented the following procedure before distributing ADL coins to everyone:

All stakeholders are required to verify that they have a valid passphrase by generating a token using their Nxt account (https://nxt.org/download/). This procedure verifies that the stakeholder is using a correct secret passphrase. Once a token is generated in the Nxt account, the stakeholder needs to copy this token into their Adel Dashboard (Note that Step 7 will be implemented before midnight tonight). Adel will then validate this token and activate the transfer of ADL coins to the stakeholder’s Nxt address. These steps ensure:

  1. The stakeholder’s Nxt Address is correct.
  2. Their secret passphrase works (because tokens can only be generated with the correct passphrase).
  3. By clicking “confirm” in the Dashboard the stakeholder confirms they have safely stored their secret passphrase.
  4. They have full access to their Nxt wallet.

PLEASE MAKE SURE YOUR NXT ADDRESS “SECRET” PASSPHRASE IS SECURED AND WORKING BY TESTING IT WITH THE NXT DESKTOP APP: https://nxt.org/download/. ONLY STAKEHOLDERS WHO HAVE CONFIRMED SAFE STORAGE OF THEIR SECRET PASSPHRASE WILL RECEIVE THEIR ADL COINS. ADEL WILL NOT REISSUE ADLs IF THE STAKEHOLDER HAS LOST THEIR SECRET PASSPHRASE.

When you enter your Nxt wallet, please check that your Nxt Address is the same as the one on your Adel account. In some instances, the Nxt Address will be different. This typically happens when the passphrase is wrong. If this occurs, we recommend starting with a new Nxt Address, or using the new address from your Nxt Account, entering it into the Adel Dashboard under “Change” and “I already have a Nxt Address”, and entering your new Nxt Address.

Step 0 – Log in to your Nxt Account: nxt.org/download

 

Log in using the    icon and enter your secret passphrase.

We recommend using a secure password vault such as Lastpass (https://www.lastpass.com/) to store your secret passphrase.

Step 1 – Confirm Nxt wallet = Adel account address

This step ensures you are creating a valid token for the correct Nxt address:

Step 2 – Click on the Settings Menu

Step 3 – Click on “Generate Token”

Step 4 – Enter “Adel” and your secret passphrase in the Passphrase field

Step 5 – Copy your token

Step 6 – Have you safely stored your passphrase?

Step 7 – Paste your token into your Adel Dashboard

Adel ▲ Opinion ▲ A Collaborative Blockchain Incubator

▲ Incubator Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
Jessica Allen, Blockchain Enthusiast & Social Media Expert

A Collaborative Blockchain Incubator

Most blockchain initiatives had a singular goal: to introduce a new blockchain platform (Ethereum, July 2015; Lisk, May 2016; Waves, January 2017). More recently, projects began to appear to focus on launching a more fintech-focused service linking blockchain to gold such as Digix Global[1], or Ether ETF, the first ever Ethereum-related Exchange Traded Product (ETP) in the United States[2].

With so much innovation in blockchain, is there a market to consolidate ideas into a single platform?

  • What about an ecosystem that encourages diversity across many industries with a vision of collaborative success?
  • Similar to the crowdfunding success of Kickstarter, a startup incubator that will legalize projects and help them be successful.
  • A single platform that unifies people from various industries, disciplines and regional backgrounds to accelerate idea development and implement real-world projects.
  • A community that enables innovation and equity ownership in projects.

The incubator model[3] has proven itself effective because people bootstrap ideas into viable projects without requiring exorbitant amounts of seed capital. Combining startup incubation with collaborative workspaces[4] is a rapidly growing phenomenon. These environments provide local space for startups to form and allow users to share resources and expertise to cross-pollinate ideas. They leverage business services like human resources and effectively manage funds.

Economies of Scale Through Collaboration

These new approaches to startup incubation demonstrate the need for efficiency, cost savings, and community in order to give ideas momentum. Efficiency is created by using investment funding in an ecosystem where multiple industries work together. Sometimes the best ideas come from disparate disciplines joining together to create something new which could not have been realized in isolation. The relationship between medicine and engineering has proven this synergy for several decades[1].


Figure #1: Adel Community Modules

Merging real-world incubator initiatives with virtual collaborative workspaces is the vision of Adel Ecosystem Ltd. Adel’s global incubator will include six online modules (Figure #1) with the intention of fostering collaboration.

  • A collaboration module will be a discussion forum to fuel ideas, as well as develop business plans for ideas that the community supports.
  • A voting module will enable a democratic vote by members.
  • A project module will show a bi-weekly status of project operations and success metrics.
  • A market module will be used to sell products and services from those projects, as well as post job vacancies in the various projects. Addition modules will be introduced, including one for currency trading.
  • Wrapping up the modules are the account and trading modules which show the status of the member’s wallet and allow them to send and receive coins with other members of the community.

Adel co-founder, Gabriel Dusil, is up for the complex challenges ahead, commenting, “Our decentralized and virtual incubator has its challenges, but we will manage that. As leaders and curators, it will be our responsibility to make sure that efficiency is maintained and momentum is sustained. When we see that there is a constructive effort to move ideas forward then we have the responsibility to make sure that process continues to flow. That is one of our main responsibilities as curators of the community”.

About the Authors

Gabriel Dusil

Gabriel is a seasoned sales and marketing expert with over twenty years of experience in senior level positions at companies such as Motorola, VeriSign (part of Symantec), and SecureWorks (part of Dell). His strengths lie in international business development and strategic partnerships, as well as the unique ability to translate complex ideas and technologies into language that decision makers can easily understand. Gabriel has a Bachelor’s degree in Engineering Physics from McMaster University in Canada and possesses expert knowledge in cloud computing, IT security, and video streaming technologies (Over the Top Content, OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/.

Jessica Allen

Jessica is a blockchain enthusiast and social media community expert with over 25 years of technology and 15 years of digital marketing experience.  As a mother of two, Jess is passionate about blockchain’s potential to innovate industries, unite communities and create a sustainable global economy.  She brings the ability to create conversations with anyone, at any level, about blockchain use cases and potential.  Jess is active on social media @TheJessAllen and volunteers her time with the Isha Foundation to help share the benefits of yoga and meditation as fundamental tools for human transformation.

References

[1] https://www.asme.org/engineering-topics/articles/bioengineering/top-5-medical-technology-innovations and http://medicalfuturist.com/top-10-medical-technologies-of-2016/

[1] https://www.dgx.io

[2] http://www.zerohedge.com/news/2017-04-26/ethereum-surges-all-time-high-sec-considers-ether-based-etf

[3] https://www.inc.com/john-rampton/top-10-hot-incubators-to-join-in-silicon-valley.html and https://www.forbes.com/sites/tomiogeron/2012/04/30/top-tech-incubators-as-ranked-by-forbes-y-combinator-tops-with-7-billion-in-value/#6b70519d51f3

[4] https://hbr.org/2011/11/inventing-the-collaborative-workspace