Ethearnal – A New Era of Independent Work (ICO)
What problems are present?
The independent market is a global industry that has earned more than $1 billion last year. About 35% of workers in the U. S. While the independent industry has earned a lot of income, there are still some problems that need to be addressed. For example, disputes often occur between customers and freelancers (i. e. complicated design projects).
- There are limited ways to receive funds. This can be harmful in some developing economies.
- Disputes are not objective because they are only resolved through one entity.
- Your funds are not immediately released by the current freelance platforms.
- 10% – 30% of the value of the job goes to work immediately.
Ethearnal offers the following solutions to the various problems that arise in the workplace contact between superiors and freelancers:
- Use intelligent ethereum auto-execution contracts to manage both sides of the responsibility in the code.
- Provide a decentralized system of compensation moderators based on game theory to advance the required IF and provide an objective resolution on the principle that the majority is always right.
- Align the economic initiatives of all parties involved so that everyone is better off looking for the same results.
- Gives reputation rating and monetary value. We make economics and economic initiative a single thought.
TOKEN AND ICO DETAILS
Ethearnal has introduced the ERT (Ethearnal Reputation Token) which not only serves as the mode of payment, but also as a utility token for earning reputation. One can also use Ether for payment, for anything that does not involve reputation.
Pre-ICO Date : January 8, 2018
Pre-ICO Date : January 28, 2018
ICO Start Date : February 28, 2018
ICO End Date : March 31, 2018
Token : ERT
Price 1 ERT : 0.001 ETH
Bounty : Available
Platform : Ethereum
Hard cap : 30,000,000 USD
Country : Hong Kong
Votes needed to release next round of funding : 51%
% of the funds to be released after voting in our favour : 10%
Distribution of tokens :
Public Sale : 75.00%
Founders : 20.00%
Bounties : 5.00%
Ethearnal’s Solution Overview
Here is a list explaining Ethearnal’s solution to the problem that’s currently faced within the freelancing industry.
- The employer uses a smart contract that has a predetermined value on it.
- There is a pre-agreement where both employer and freelancer stakes reputation tokens on each side. Both sides must stake the same amount of tokens so that it remains balanced and both parties know what they are staking during the process.
- The timeframe that’s determined so that if both parties don’t follow through, each of their reputation tokens is self-released back to them. This stops the funds from becoming completely locked.
- Website : https://ethearnal.com/
- Ann Treads : https://bitcointalk.org/index.php?topic=2628593.0l
- Whitepaper : https://ethearnal.com/ethearnal-whitepaper.pdf
- Telegram : https://t.me/joinchat/Agtv4UQu_FjJ2qWipFTswg