Adel ▲ White Paper ▲ An Incubator for Blockchain Technology

▲ Foundation Series

By:   Gabriel Dusil, Co-founder & Board Member, Adel
By:   Michal Vavrek, Founder & Board Member, Adel

Adel Ecosystem

This paper provides an overview of Adel and its ecosystem. It outlines how the community will interact with Adel’s staff and the activities surrounding project submissions, approvals, and operations.

Projects

Adel structures its projects into two main pillars: a) projects introduced by Adel’s Research & Development team (Adel R&D), and b) submissions from community members, called “innovators”. Our goal is to find new market niches that possess unique competitive advantages in selected target markets, as well as global potential for high returns.

  • Technology ▲ These projects will cross a wide spectrum of industries such as banking, insurance, healthcare, manufacturing, and numerous others, all with an emphasis on streamlined business strategies.
  • Innovation ▲ IT projects will represent applications from a number of fields including, but not limited to: big data analytics, blockchain, business intelligence, IT security, cloud-based services, and other innovative technologies within these Information and Communications Technology (ICT) Projects will preferably be of global character while reaching for, and consisting of, a broad range of innovative solutions.

Projects can assume different forms based on whether the submitters want to keep the idea to themselves during the developmental stage, or release the idea to the community before the community votes on the proposal. This ensures that innovative projects continue to be launched, while minimizing the threat of competitors copying the idea.

Every project is submitted to the community, which then decides whether to agree or disagree on funding the project with community funds.

  • Community Projects ▲ Community projects will be developed by Adel’s R&D team and will contain the relevant documentation necessary to develop the idea into a business. If a project is approved, then funding will be provided by communally-available funds from the various stages of the ICO. Once the project is operational, funding from the success of the project will also be available to other projects, provided they are approved by the community. The sale of the project, as well as its returns, will be distributed to all members of the community according to the level of their participation and the amount of Adelphoi they hold.
  • Group Projects ▲ These are projects that have not received enough votes. If this should happen, then a community minority that supports a given project can still green-light it. This way, community members don’t have to agree on every single project in order to receive a portion of the rewards. However, if a select number of community members have higher confidence in a project’s success, then they can become funders and receive a bigger portion of the rewards. The interested community minority will be required to use their own Adelphoi for these projects.
  • Innovator Projects ▲ These are projects introduced by members of the community[1] and submitted to the Project Review Committee for review. Innovator projects come from community members who want to propose their own ideas and have them funded. Innovator projects can be funded by a majority of the community (thus becoming a Community Innovator Project), or by a minority of the community (thus becoming a Group Innovator Project).

adel-white-paper-2-an-incubator-for-blockchain-technology-projectsCommunity vs. Group vs. Innovator Projects

As per the above illustration, community and group projects are segmented into four distinct categories, depending on how the community votes:

  • Community Projects ▲ Innovation comes from Adel’s R&D team ▲ These projects have been approved by a majority of the community.

▲ Funding ▲ 100% community funded
▲ Rewards ▲ 100% to the community

  • Community InnovatorProjects ▲ Innovation comes from a community member who wants their idea to be kept secret. For projects like these, the community member is designated the “innovator”. These projects have been approved by a community majority.

▲ Funding ▲ 100% community funded
▲ Rewards ▲ 25% to the innovator ▲ 75% to the community

  • Group Projects ▲ Idea comes from Adel’s R&D team. These projects have been declined by a majority of the community, but approved by a minority of the community.

▲ Funding ▲ 100% group funded
▲ Rewards ▲ 25% to the community ▲ 75% to the group

  • Group Innovator Projects ▲ Idea comes from an innovator (community member) who wants their idea to remain a secret. These projects have been declined by the community majority but approved by a community minority.

▲ Funding ▲ 100% group funded
▲ Rewards ▲ 25% to the innovator ▲ 50% to the group ▲ 25% to the community

Redistribution

Once all three rounds of the ICO have been completed, and in order to keep the community funded, rewards from successful projects will be relocated back to the community or distributed directly to community members.

Use of ICO funds will be distributed as follows:

  • A minimum of 70% will be used to fund projects launched on Adel.
  • A maximum of 30% will be allocated for Adel operations, management, and staff expansion to grow the community as deemed necessary.

Project rewards or exits will be redistributed to community members as follows:

  • A minimum of 70% will be distributed to Adel community members.
  • A maximum of 30% will be reallocated to the Adel community for project funding, operations and management.

Project rewards or exits for the purpose of reallocation to other projects will be done as follows:

  • A minimum of 70% will be used for community projects as agreed upon by a community vote.
  • A maximum of 30% will be allocated for Adel operations, management and staff expansion to grow the community as deemed necessary.

An exit from any project will be agreed upon by a community vote. This may include, but would not be limited to, an acquisition or sale by an external party or discontinuation of the specific project.

Interaction

Projects will have various outreach channels throughout Adel’s community:

  • Website (public) ▲ Each project will have its own web page outlining the top-level details of the project. This will include an overview of the project, its unique value proposition, associated market research, the competitive landscape, and launch plans.
  • Community Portal (community members only) ▲ This portal will include a page with guidelines regarding the structure of project submissions. This ensures consistency of quality and will be structured so that projects can be effectively reviewed by the Project Review Committee. Only community members who hold more than the minimum amount of Adelphoi will have access to the Community Portal. This will minimize submission spam as only serious submitters will take the time to follow the submission guidelines. Submissions that do not adhere to the guidelines will be returned in order to solicit further details. The submitter’s idea will remain confidential, under non-disclosure guidelines, ensuring that innovative ideas will have the opportunity to be evaluated without fear of a competitor copying the idea early in the project’s development stage. If approved by the Project Review Committee, then the project will be submitted to the community for approval.
  • Voting Module (community members only) ▲ A voting module will be established for all members of the community to facilitate voting on projects and other key community decisions. The influence of each vote will be based on the weight of Adelphoi coins held by a given member on the date and time of the voting deadline.
  • Forum Module (community members only) ▲ This module will be established for forum discussions, blogs and message boards. Community members will agree to forum guidelines. Community-selected forum administrators will monitor the forum to prevent trolling and other modes of forum abuse.
  • Project Module (community members only) ▲ This module will be set up so that each project will have a page to update the community on its status. This will include, but will not be limited to: operational activities, financial statements, and management assessment.

Approvals

Business plans for each project will first be submitted to the Project Review Committee for evaluation. This committee will then decide whether the project is suitable for a community vote.

  • Submission & Review ▲ The Project Review Committee will consist of selected Adel staff, venture capital funding experts, internal advisors, and community representatives. This step will include a question and answer stage with the submitter, as well as any necessary requests for further project details to facilitate making a final decision. A formal presentation of the project via video conference may also be requested. This step is important in order to eliminate projects that could potentially damage the Adel brand, as well as the values that both the Adel community and Adel philosophy represent.
  • Approve & Improve ▲ Once a project is approved by the Project Review Committee, it will be released to the community for approval. The community will then vote to either green-light the project or not. If the project is declined by the majority of the community, it will then be voted on as a Group Project. This means that the community will still have an opportunity to support the project and, in this way, get a larger portion of the benefits. If the project does not garner enough support, it will be rejected. The Forum Module will be available for comments, suggestions, and improvements to the projects.
  • Opportunity & Expertise▲ When a Group Project is approved by the community, specialized positions will be offered internally to community members before soliciting outside specialists. A community member may present their relevant skills to the project at this time and will undergo an interview process and candidate evaluation stage. If approved, then they would be hired and paid for their work. Opportunities to participate will be available to all community members who want to be involved. Other members may stay anonymous if they wish.
  • Launch & Operations ▲ Once a project and its business plan have been approved, the execution plan for each project will be created jointly by the submitter of the project and the Project Review Committee. Budgets, milestones, timelines and deadlines, and progress and achievement markers will be reported to the entire community in the Project Module. In special cases, the community may decide to start or further fund a large-scale project by using traditional institutional financing alongside Adel funds. Project plans will be created and updated on an ongoing basis depending on project evolution, cash flow availability, and project operations.
  • Rewards ▲ Once a project is successful and reaches its targets, or if the project is sold, then the distribution of funds will be divided among all shareholders according to the proportion of their Adelphoi balance. These rewards may be distributed using BTC, NXT, USDT, or any other token that would be deemed appropriate for distribution.

Signatories

The Adel Board consists of three board members. All transactions from cold storage to the hot wallet will need to be approved by the Adel Board as signatories. All three are required to be in agreement in order to approve transactions. The Adel Community Portal contains a queue that collects three signed signatory approvals which are verified by each of the signatory’s public keys. Once three approvals have been received in the workflow queue, the transaction will be approved and funds will be released.

  • Signatory Replacement ▲ In the event of resignation, serious illness, or the death of a signatory, the Adel Board shall appoint a new signatory.

Project, operation, and finance managers will collectively approve transactions from the hot wallet. Separation of duties, IT security measures, and a secure workflow procedure will be implemented to ensure hot wallet transaction integrity.

Voting

Community members will participate in voting on major decisions that affect the community, the approval of projects, and additional funds required for an approved project. Community members also have the option to offer their skills in the operation or execution of a project and be rewarded for it in BTC or any other token the community member desires and the project manager is willing to use.

  • Voting Weight ▲ The weight of community votes will be directly proportionate to the amount of Adelphoi members have in their account at the end of the voting deadline.
  • Voting Statistics ▲ The board will exercise management oversight by having visibility into voting statistics during active voting. This oversight will include (but not be limited to) voters who have the highest percentage of voting influence. Statistics will also show the percentage of voters compared to the total member count and will be displayed on a time graph. This will serve to monitor voter distribution and the overall democratic influence on the voting decision.
  • Voting Majority ▲ Adel will calculate how many Adelphoi are in the hands of each stakeholder in order to establish their voting weight. The voting tally is based on the percentage of total voters weighed against the Adelphoi tokens they hold and not on the number of voters. Therefore, a voter with one hundred Adelphoi will possess 50x more influence on a vote compared to a voter with two Adelphoi. If the voting threshold is not established, then the vote will be open for another 24 hours, giving the remainder of the community a chance to vote. After this time, regardless of the number of votes, the result will be tallied from those who’ve voted.
  • Voting Results ▲ The final tally will not be visible until voting is completed. All votes will be added to Adel’s voting blockchain in a batch process at the end of the vote. This will prevent any potential attackers from trying to manipulate the outcome.

About Adel

Adel is a technology incubator for blockchain innovation.

  • Adel is a global cryptocurrency community that is self-regulated, self-sustained, and offers its own economic ecosystem with the Adelphoi token. Our community focuses on creating, developing, and implementing use cases involving blockchain technology that covers a wide range of digital and physical industries. Projects are chosen by the community and successful ventures are either re-invested in for further growth or issued as rewards to Adel’s stakeholders.

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 the University of McMaster 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, and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/

Michal Vavrek

Michal is an entrepreneur with international experience specializing in global business development and project management. He graduated from Indiana University’s Kelley School of Business with a degree in Finance and International Business and worked in various capacities in New York, Zurich and Prague. Michal is an active cryptocurrency entrepreneur with an extensive background in Forex algorithmic trading strategies and is always seeking new opportunities that maximize blockchain technologies.

  • [1] Conflict of Interest Provisions ▲ To avoid conflict of interest, Adel R&D team members cannot take the route of an Innovator Project.

Adel ▲ White Paper ▲ Building a Decentralized Ecosystem

White Paper ▲ Foundation Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
&:  Michael Vavrek, Founder & Board Member, Adel

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Creating the Foundation

Adel is a new cryptocurrency system and community that is global, self-regulated, self-sustaining, and operates within its own macroeconomic ecosystem. This ecosystem will maintain its fiat independence through the use of Adelphoi[1]. It will also have the ability to trade with other economies.

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In this white paper, we will discuss the phased rollout of the Adel ecosystem. These three phases represent the launch of Adel. Phase one will build the community portion of the ecosystem by creating the Account Module of the community portal and includes the first initial coin offering (ICO) round. Phase two will begin after the first ICO round and will focus on developing the community portal: Forum, Voting, Project dashboard, and Trading modules. Phase three will focus on operating and managing the projects and converting them into successful solutions that will benefit the entire community.

ICO Process

Adel will have three rounds of ICO to ensure a controlled deployment of funds as various projects are introduced to the community. This ensures a focus on planning rather than pure capital collection. Adel also wants to further ensure that no single person, or small group, will be able to dominate the community. A diverse set of stakeholders will guarantee a more democratic outcome, as voting will be distributed amongst a greater number of stakeholders. Moreover, this will create confidence in early ICO participants who will be supportive of the values established by Adel.

There will be a total of 100 million non-mineable Adelphoi units available in the Adel ecosystem:

  • 85 million Adelphoi will be distributed through 3 rounds of an Initial Coin Offering (ICO).
  • 15 million Adelphoi will be distributed amongst the Adel Services (consisting of staff members, partners, board members, special supporters, and other supporting 3rd parties). From this amount, 5 million Adelphoi will be released at each round of the ICO. This will ensure transparency and long-term commitment from the Adel Services.

During the first ICO round, funds in BTC will be immediately placed into Adel’s cold storage – an offline repository. ShapeShift will be used for ICO collection as they are the market leader in instant digital currency conversion. Shapeshift is used to easily convert cryptocurrencies to one another.

Phase 1 ▲ Community

Initial Coin Offering ▲ 1st Round  33,333,333 Adelphoi

Adel will build the foundation of the community during this phase. This phase includes activities up to, and including the first ICO round. This includes the website, key marketing materials, white papers, corporate branding guidelines, and a showcase of the unique features of the Adel ecosystem. Phase one will also establish the structure of the Adel Board, as well as the senior management team and staff members that will be instrumental in building Adel’s foundation. This consists of marketing specialists, blockchain developers, and cryptocurrency experts.

The first ICO round will be open for four weeks. A minimum contribution is required to become an Adel Stakeholder in this round (refer to the Adel ICO Round 1 announcement for this minimum). The ICO will be open to most of the available cryptocurrencies. The cryptocurrencies collected will be instantly exchanged for Bitcoin via ShapeShift. Tokens not accepted by ShapeShift will not be accepted in the ICO. After the first round of ICO, the total amount will be proportionally calculated and exchanged for 28,333,333 units of Adelphoi. Five million Adelphoi will then be allocated to the Adel Services. The remaining Adelphoi will be distributed to each Adel stakeholder.

There will be four stages for stakeholders to earn different bonus percentages for their BTC and tokens converted by ShapeShift. This bonus refers to the amount of Adelphoi the stakeholder will receive, and is directly proportional to their voting power within the community:

  • First week: 15% bonus
  • Second week: 10% bonus
  • Third week: 5% bonus
  • Fourth week: 0% bonus

Stakeholders will be able to keep their bonus should they decide to increase their contribution within the following weeks of the ICO. For example, if a stakeholder contributes during the first week, they will continue to receive a 15% bonus even if they increased their contribution during the fourth week.

Additionally, stakeholders who contribute a certain minimum amount of BTC [please refer to thresholds on Adel’s home page], which will be determined as the ICO draws near, will receive a special bonus of 15% no matter when the contribution is made. This also applies to stakeholders who surpass this minimum by the end of the ICO period.

Adel will establish a total minimum amount of funds received by contributors of the ICO. This amount may fluctuate by the end of the ICO due to BTC price volatility. In the event that this minimum contribution from all stakeholders is not been reached, there will be a vote conducted amongst the community members as to whether or not Adel will continue.

The following materials and applications will be released during this phase:

  • The website, which will introduce Adel to the cryptocurrency community and the world at large. It will also outline Adel’s core values. Our home page will showcase the initial round of green-lit projects, showing a top-level overview, along with their unique technical and business solutions. A series of white papers, including this one, will describe our unique approach to community-based projects. Other white papers will describe our policies, procedures and underlying technologies that fuel our platform.
  • The Adel Community Portal, which will be the extranet portal used to view all of the community’s confidential activities. It will include detailed guidelines for project submissions, as well as a landing page. Furthermore, the status of each community member’s participation will be displayed in real time in the Account Module.

Phase 2 ▲ Projects

Initial Coin Offering ▲ 2nd Round ▲ 33,333,333 Adelphoi

In the second and third round of the ICO, Adelphoi units will be sold in a manner that does not disrupt the price of Adelphoi at the time of the ICO. A method will be decided a few months before the second round and announced accordingly. First round ICO participants may be offered preferred conditions when purchasing Adelphoi in subsequent rounds. Each ICO round will also be announced with innovative projects.

This phase will further establish the foundation for Adel project submission, approval, marketing, and ongoing operations. Projects involving technological innovation will have either a global or regional reach. They may participate in, but would not be limited to, Business to Business (B2B), Business to Consumer (B2C), or even Business to Government (B2G) environments. Projects will be funded with the funds raised through three rounds of ICO, as well as from future project success or exits.

The following materials and applications will be released shortly after the first ICO:

  • The members of the Project Review Committee who will evaluate and approve projects, as well as participate on forums to discuss these projects with the community.
  • The Forum Module will be the social media platform using services such as RocketChat, where community members can discuss projects and direct their questions to the project managers and the Project Review Committee.
  • The Voting Module will be created for community members to vote on projects and other key decisions.
  • The Transaction Module will only be available to Adel Board members. This module will be used to pay project capital costs and other required expenses. It will also have dashboard visibility and oversight of all payments executed (pending approval), as well as all associated management summaries necessary to effectively manage the community and its projects.
  • The Project Module will also be released during this phase and will contain detailed information on the operations of each project. Postings and overall content will be owned by the project managers. Adel will redistribute success back to community members. Each community member will be able to see the status of any payments they receive via their Account Module.
  • The initial deployment of the Trading Module will allow community members to easily trade their Adelphoi with other community members. Future versions of the Trading Module will connect to available external payment gateways, fiat monetary platforms, and other cryptocurrency exchanges for community members. This will further ensure that each community member has sufficient freedom which will be represented by the liquidity of their resources.

Phase 3 ▲ Execution

Initial Coin Offering ▲ 3rd Round ▲ 33,333,333 Adelphoi

Adel will focus on expansion and other improvements that are in line with Adel’s core values during this phase. Thus, Adel will evaluate the opening of offices in new regions around the globe with due diligence and a justified business case. Adel will select the most qualified representatives and management from its community members for regional offices and projects in those regions.

Bitcoin Repository

Bitcoin used for funding projects will be held in two repositories:

  • Cold storage ▲ This is an offline repository where the bulk of the funds will reside. Funds from the cold storage will be transferred to the hot wallet following the approval of three Adel Signatories. The cold storage will reside in a secret and physically secure location.
  • Hot wallet ▲ This will be the account where bitcoins will be used for funding the initial launch of projects (e.g. capital and initial operating costs). The hot wallet will be also the active account where salaries, expenses and operating costs of Adel will be paid. This repository will consist of a designated maximum amount of BTC for security reasons, dependent on the operational activities of Adel projects and how they weigh against security risks.

ICO Example

adel-white-paper-1-ico-round-1-scenario-v1-0

Legend

  • ADL = Adelphoi
  • BTC = bitcoins
  • Stakeholder = any entity holding any amount of Adelphoi

Summary

  • 33,333,333 tokens will trade based on a starting value of USD 0.948 per Adelphoi (ADL).
  • Stakeholder A.2 (in the example above) with 40 bitcoins contributed receives a 15% voting influence bonus, which means a 15% increase in ADL.
  • At the end of the 1st ICO, the A.2 (in the example above) stakeholder’s voting influence is calculated at 0.055%
  • Stakeholder A.2’s ICO round one amount of ADL in their account will be 31,221.132 ADL.

Notes

  • The Adelphoi value will be established at the end of the first ICO round.
  • 28,333,333 tokens will be issued to stakeholders. 5,000,000 will be reserved for Adel Services.
  • Those who have contributed a minimum BTC equivalent in Adelphoi will be invited to the community. This is to prevent the creation of multiple accounts, as well as to provide a clearer voice for those who have a significant stake in the ecosystem. Those who wish to become Community Members after the ICO will need to acquire a higher equivalent of ADL, compared to the participates of the 1st ICO (refer to the Adel ICO Round 1 announcement for this minimum).

About Adel

Adel is a technology incubator for blockchain innovation.

  • Adel is a global cryptocurrency community that is self-regulated, self-sustained, and offers its own economic ecosystem with the Adelphoi token. Our community focuses on creating, developing, and implementing use cases involving blockchain technology that covers a wide range of digital and physical industries. Projects are chosen by the community and successful ventures are either re-invested in for further growth or issued as rewards to Adel’s stakeholders.

About the Authors

Gabriel Dusil, Co-founder & Board Member, Adel

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 the University of McMaster 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, and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/

Michael Vavrek, Founder & Board Member, Adel

Michael is an entrepreneur with international experience specializing in global business development and project management. He graduated from Indiana University’s Kelley School of Business with a degree in Finance and International Business and worked in various capacities in New York, Zurich and Prague. Michael is an active cryptocurrency entrepreneur with an extensive background in Forex algorithmic trading strategies and is always seeking new opportunities that maximize blockchain technologies.


[1] The token for Adel is called “Adelphoi”. The word originates from Ancient Greek meaning brotherhood, or a member of the same community.

Digital Video Generation • To December 2016

In February 2013 I finally realized my dream to have my own blog. Looking back on nearly four years of posts, even I’m surprised at how much I had to say about the ICT world. This even inspired me to launch my personal blog at gabrieldusil.com, two years later.

To help navigate through my professional blog I have provided these hyperlinks to easily connect to my posts.

Enjoy!

Home - Signature, Gabriel Dusil ('12, shadow, orange)

• Motion Graphics

• Oak Case Mod™

• Digital Trends Video Opinions

• Presentations

• Digital Video Articles

▲ Adel

▲ In Nxter, Venture Beat, Fintech Finance, and more…

▲ Motion Graphics ▲ Welcome Introduction

▲ In Forbes, The Economic Times, The Paypers, and more…

▲ Creating Opportunities for Blockchain Innovation

• Consulting

• IT & Security

• OTT & Multiscreen  Seminars

• Entertainment Challenges in Today’s Digital Society

• Entertainment

Adel ▲ Press ▲ In Nxter, Venture Beat, Fintech Finance, and more…

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Adel had great coverage last week, continuing from our website launch on December 6th. Here are some highlights:

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Adel – Creating Opportunities for Blockchain Innovation

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All you need to know about ICO investment

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Before you invest in a blockchain startup, read this

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Fuelling Innovation in a Fundraising Ecosystem

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Listing – BiFabu.com 

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11 Blockchain-Focused Startup Incubators as Unconventional as the Technology

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Listing – Travin Keith, Marketing Manager at Adel

Adel ▲ Motion Graphics ▲ Introduction

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Today we released our first motion graphics video, introducing Adel to investors, partners, and future stakeholders. We are also showcasing this video on our website, adelphoi.io, in the “Why Us” section, play button. This is the first in a series of videos we plan to release, over the next three months. Stay tuned, and enjoy!

 

 

 

Home - Signature, Gabriel Dusil ('12, shadow, teal)

Gabriel Dusil
Co-Founder & Board member, Adel

 

Adel ▲ Press ▲ In Forbes, The Economic Times, The Paypers, and more…

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We had great media coverage this week, from our Adel website launch. Here are some highlights:

2016.Dec.6

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Adel Fintech Incubator Unveils Crowdfund Using Nxt’s Blockchain

2016.Dec.6

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Adel ▲ Creating Opportunities for Blockchain Innovation

2016.Dec.6

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▲ Adel announces 2017 blockchain ICO

2016.Dec.6

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▲ Adel, a technology incubator for blockchain innovation

2016.Dec.7

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▲ Adel to support blockchain projects, ICO to begin in March 2017

2016.Dec.7

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▲ Czech fintech incubator launches ICO on Nxt’s blockchain

2016.Dec.7

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▲ Adel FinTech incubator unveils crowdfund using Nxt’s blockchain

2016.Dec.8

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▲ The Adel community will support the Blockchain project, beginning in March

Adel社区将支持区块链项目,Adel ICO将于2017年3月开始

Fuelling Innovation in a Fundraising Ecosystem

Adel Launches Website

  • Adel are custodians of its ecosystem and its community members
  • Mobilizing community expertise and resources
  • Voting, collaboration, and expert participation in projects
  • Leading FinTech adviser Jan Lamser joins Adel Board

Adel, an infrastructure aimed at developing, supporting and funding innovative startups using blockchain technology, announced its plan today for a month-long ICO which will open on the 1st of March, 2017. The Adel ecosystem consists of stakeholders, registered community members, staff, the Project Review Committee, and the Adel Board. Their vision is to create an ecosystem of innovative projects where members can participate in, mentor, and improve project plans. Adel offers a decentralized alternative to traditional venture capital funding, angel investments, and other established financial sources.

Co-founder and Board member, Gabriel Dusil comments, “We’re lucky to have this opportunity to introduce Adel to the evolution of blockchain technology. Our research team has identified an exciting untapped market opportunity:  providing parties interested in innovation with a community-based infrastructure to participate in long-term projects. By leveraging the emergence of blockchain as a service (BaaS), we created the Adel ecosystem so that participants have a collaborative platform to initiate, develop, showcase and fund their innovations.

Adel is a global community that is self-regulated, self-sustained, and offers its own economic ecosystem using the Adelphoi cryptocurrency token.  Adel is built on Nxt, the leading decentralized blockchain as a service platform, and Ardor, which is the next evolution of Nxt’s technology. Participation in startups will be decided by the Adel community, while successful ventures will be developed and issued as rewards to Adel’s stakeholders. The community and stakeholders will have the opportunity to introduce use cases that involve blockchain technology.

Jan Lamser, Co-founder and Board member adds, “We are very excited by the prospects of blockchain technology transforming many industries. The momentum created in distributed ledger solutions is impressive. There is a lot of energy and diversity amongst entrepreneurs in the FinTech industry who are looking for ways to harness blockchains. All too often, traditional approaches to mobilizing resources miss out on the potential of startups. Adel provides a forum of like-minded parties who understand these needs.”

High levels of integrity, ethics, compliance, and security are of the utmost concern for Adel’s founders. Ultimately, it is the collective vote of Adel’s members that decide which projects are launched and supported. Served by a staff of 18 people and still growing, Adel will empower the community and its members. Their mandate is to evaluate startups and provide guidance to the community.


Adel is a technology incubator for blockchain innovation – Dedicated to delivering a resilient ecosystem for its community. Adel is an infrastructure aimed at developing, supporting and funding innovative startups using blockchain technology. The ecosystem consists of stakeholders, community members, staff, a Project Review Committee, and the Adel Board. Its aim is to support projects where members can participate, mentor, and improve their business plans. Adel will harness blockchain as a service (BaaS) to create a collaborative platform for developing, showcasing and funding innovations. Adel is built on Nxt, the leading decentralized blockchain as a service platform, and Ardor, which is the next evolution of Nxt’s technology.

Adel ▲ Creating Opportunities for Blockchain Innovation

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www.adelphoi.io

It’s astonishing what people can achieve when they believe in something.

In January 2016 my friend, Michal Vavrek had an idea to create a community-based ecosystem to fuel project innovation. So he flew to Amsterdam to meet with the Nxt Foundation, and they agreed to support the project. A few weeks later Miša approached me to co-found the company with him, and we began working on what would become Adel.

Adel is a Technology Incubator for Blockchain Innovation

Here we are, 10 months later and we have a lot to show for our efforts. Our staff has grown to eighteen, and we are a global team and completely decentralized.  It’s been a team effort throughout this journey, and each member brings their own unique expertise to make us great. The team is filled with passion to make this project a huge success.

Over the next three months we’ll introduce Adel to the world, with white papers, projects, infographics, and other materials. Our activities in the next few months will lead us to our Internet Coin Offering (ICO) on the 1st of March 2017. These are exciting times for blockchain technologies, and Adel will soon be a major player in it’s evolution and innovation. Check out our new website, and learn about the exciting things we’re planning.

Home - Signature, Gabriel Dusil ('12, shadow, teal)

Gabriel Dusil
Co-Founder & Board member, Adel

 

Gabriel Dusil • Information Technology • 3 • Oak Case Mod™

16.Jul.3 - Prague · Oak Case Mod™ (office desk, 2, smaller)

 20 minutes 5 seconds

• Creativity Inspiring Technology

  • This corporate server is the main workstation for Euro Tech Startups s.r.o. It’s mainly used to render client projects for 3D Motion Graphics. All data is completely mirrored, to ensure high -availability, and uses the motherboard’s RAID controller for improved data throughput performance. This computer is also used in photo restoration services. Restored photos are saved in uncompressed TIFF, and the process is recorded with video capture software.

• Build

  • The first day was focused mainly on preparing the workspace. Then I cut the side panels and fill the router grooves from a previous HiFi project. Next was routing grooves (6mm) needed for the rails that would hold the 20x 1TB hard drives.
  • The second day focused on drilling dowel holes, sanding the case, beveling the edges, and oiling the case. A Dremel was used to carve my signature into the front panel.
  • The third day was spent mounting the components, tie wrapping the cables, and general fixes. For example, I had mistakenly mounted the power supply upside down. So that needed to be fixed. Then the PC was booted for the first time.

• Snags

  • The first attempt at booting the case ran into a macro panic attack. As I turned on the power there was a spark and a zap from the motherboard! A seminal WTF moment for an IT geek! Dread set-in as a burning plastic filled the air, and I watched as a hint of smoke left my motherboard. Sweat ran down, “WTF did I do wrong?!” I wasn’t sure what had burnt-out, but I had seen the general location of the spark around the PCI-e slots. In any case, the PC still booted successfully. But over a series of future boots the PC would POST, but it wouldn’t make it past the Windows 10 spinning dots in the OS boot process. I tried countless restore points as well as switching my operating system SSD with my backup. Nothing worked. After six hours of no success I was exhausted and decided to call it a night.
  • As many PC geeks know too well – we hate going to bed when our PC’s aren’t working. But I thought maybe some rest may clear my mind and give me some new ideas. That night I actually dreamt of a few solutions; strip the whole PC to it’s bare components; buy a new video card; or start all over again and buy a new motherboard, CPU and RAM. That last option I was hoping to avoid since it meant scrapping a perfectly good Intel 4770 processor and 32GB of Corsair RAM, unless I could source a similar Z87 motherboard.
  • As I woke the next day I had the sinking realization of unfinished business with my PC broken. Rather than going through the arduous effort of striping the whole computer, I decided to start with the easiest step: the video card. The Asus Z87 Deluxe has built in video, so I removed the nVidia card and booted the machine using it’s onboard video. Success -Wow! I then closely examined the PCI-e 90 degree 16x 2U Riser and finally saw the culprit – a burnt capacitor!  In the end a $3 component was my problem. The boot process was getting stuck because it couldn’t communicate with the video card successfully, when it was trying to draw more data as it entered a higher graphics state.

16.May.11 - Prague · PC Case Oak Mod (90° Graphics riser card, 5, smaller)

 

• Inventory

  • 1x Motherboard • Asus Z87 Deluxe
  • 2x RAM 8GB Corsair Vengeance
  • 2x RAM 8GB Corsair Dominator
  • 1x CPU Intel i7-4770K processor
  • 1x CPU closed-loop water cooler Corsair Cooling Hydro Series H100i GTX
  • 1x Graphics car•  Gigabyte Windforce nVidia GTX770
  • 1x PCI-x 16x Riser 90⁰ 2U (to turn the graphics card 90° degrees, so that it is oriented flat against the case)
  • 1x Power Supply • Corsair HX1000i
  • 4x SATA controllers HighPoint Rocket 620
  • 20x Hard Drive fans Scythe Ita Kaze
  • 1x Hard Drive Samsung 1TB 850 Evo SSD (for the operating system)
  • 1x Hard Drive Western Digital Green WD60EZRX, 6TB, 64MB Cache SATA 6.0Gb/s, 3.5″, 7200 RPM (for 3D motion graphics)
  • 19x Hard Drive Seagate 1TB, 3.5″ Internal SATA Hard Drive, 6.0Gb/s, 64MB Cache, 7200 RPM. These are refurbished drives to keep the price low and to test the overall concept of the multi-drive design goal (used for client projects, mirrored backups, and personal files)
  • 2x Wood Panels 50cm x 50cm x 4cm Oak
  • 5x Wood Brackets 42mm diameter x 18cm Indonesian Tamarind
  • 160x brass spacers 6mm diameter x 10mm (for spacing the hard drives between the wooden panels)
  • 80x brass washers 15mm diameter (between the brass spacers)

Oak Case Mod™

If you missed the first part of this project, you can find the link here:

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