Here is an overview of the Project
einc is a fork of Ethereum to power the future of organizations – a decentralized blockchain project for creating a digital organization based on cryptographic proof instead of trust, that can operate borderless, permissionless, democratically and transparently with the consensus of its shareholders, without the need of a trusted third party or costly intermediaries.
This collaborative approach will help generate more value in the product and also increase the confidence and resilience of the company. EtherInc intends to be available worldwide for entrepreneurs wherever they need this essential service.
Decentralized disintermediated organisations powered by blockchain and smart contracts are more efficient than centralized organisations. So they’ll be able to create better products or services at lower rates for users, thus, leading to mass usage. However, They need to make the current system of incorporation of an organisation completely decentralized and standardized.
How does the EtherInc Ethereum Crypto Blockchain Fork work?
ETHERINC is building solutions for the decentralized startups. The concept of borderless, trustless, permissionless and transparent organization based on the cryptographic proof is being put forward by the team. The decentralized app created by the team is based on the ethereum blockchain. Smart contract protocol is utilized on the platform for execution of the tasks.
Proposal based execution of tasks are carried out on the platform. 17 different kinds of proposals are available on the platform which is divided into two categories; voting based proposals and grade based proposals. There are inbuilt protocols for the cross-organization communications.
People from all over the world can be part of the organization. Decentralized Automatic organizations are the future of the workspace, and this platform provides tools for the development of such applications. The decentralized application marketplace present on the platform is utilized by the startups for marketing of their applications. They have already launched their main net and Ropsten Network.ETI Token is the backbone of the platform which is utilized for multiple applications, such as paying salaries & making payments, create EINC proposals and vote on EINC proposals. There are different layers of the EINC platform, such as ETHERINC Blockchain, ETHERINC Protocol, and Web3.js. Overall, the development of a Dapp is made smooth with the help of the platform.
On account of collaboration, EtherInc offers a voting stage in which entrepreneurs can make an organization proposition for voting. The voting procedure is completed in an extremely safe manner, which can not be falsified. The got offers would then be able to be gone into smart contracts, with installments activated simply after all conditions in the agreement have been met. Another notable way that EtherInc expects to fortify business to develop on its stage is to give another convention to crowdfinding. Utilizing smart token contracts, you can raise stores for the advancement of your organization from anyplace on the planet.
ETI Tokens ICO ETI Retail
ICO sales pre commenced: 05/07/18
ICO sale pre ends: 05/15/18
ICO sales start: 05/25/18
ICO sale ends: 06/25/18
Coin symbol: ETI
Total supply of coins: 997,528,142 ETI
Number of coins in coinsale: 450,000,000 ETI
Price of ETI $0.10
Soft cap $ 1,000,000
Hard cap $ 22,000,000
EtherInc Coin Distribution
97,528,142 ETI will be distributed to Ethereum holders who had ETH in their wallet balance at the time of the fork in the ratio 1:1.
100,000,000 ETI coins have been set aside for EtherInc Startup Fund to support startups that register their organization on einc.io
450,000,000 ETI coins will be available for sale in the eInc Coinsale.
100,000,000 ETI coins have be allocated for Strategic Partnerships such as
partnership with other Wallet partners to include ETI and for partnerships that help further build and foster the ETI ecosystem.
Only 150,000,000 ETI coins have been allocated for eInc Community. These coins will be used to reward the founders, team members, advisors, and fund the product development, marketing, promotion, awareness, airdrop, bounty and referral campaigns for the EtherInc platform, (30,000,000 ETI) will be company reserve for miscellaneous operations.
100,000,000 ETI coins will be assigned for EtherInc future development and will be vested for 5 years (33.33% released in Year 3, 4 and 5).
60,000,000 ETI coins will be available for development of EtherInc.
37,500,000 ETI coins will be available for Team (will be vested for 6 months post crowdsale).
30,000,000 ETI will be company reserve for miscellaneous operations.
15,000,000 ETI coins will be available for marketing, bounty and airdrops.
7,500,000 ETI coins will be available for advisors.
Meet The Amazing EtherInc Team
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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