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An Ethereum Fork
The Blockchain to Power the Future of Organizations
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EINC Blockchain
Organization is a smart contract with predefined protocol (eInc protocol) and running on EtherInc blockchain, every eInc has a unique name and will be maintained by eIncNS (eInc organizations name service) smart contract. The intent of EtherInc is to create an alternative protocol for running decentralized organizations and building decentralized applications, providing a different set of trade-offs that we believe will be very useful for a large class of decentralized applications, with particular emphasis on situations where rapid development time, security for small and rarely used applications, and the ability of different applications to very efficiently interact, are important. EtherInc does this by building what is essentially the ultimate abstract foundational layer: a Blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats, and state transition functions. A bare-bones version of Namecoin can be developed by writing two lines of code, and other protocols like currencies and reputation systems can be built in under twenty. Smart contracts, cryptographic "boxes" that contain value and unlock only if certain conditions are met, can also be built on top of the platform, with more power than thatoffered by Bitcoin scripting because of the added powers of Turing-completeness, value-awareness, Blockchain-awareness, and state.
EtherInc (also referred to as eInc in short) is making DAOs a reality. eInc organizations are borderless and decentralized, just like Bitcoin, that are not limited by geographies, intermediaries and, other such artificial restrictions. The concept of distributed teams collaborating from all over the world, has gained momentum over the past few years. Working as distributed teams opens up new possibilities and avenues. The existing organizational system work reasonably when all the parties are a part of and governed by a common organizational framework which is regulated by regulatory bodies of one jurisdiction, and are located in one jurisdiction. However, this is not the direction where the future of organizations is headed. Traditional businesses are being replaced by resilient startup organizations where teams are no longer shackled by geographies and jurisdictions. According to a report published by Global Entrepreneurship Monitor, there are more than 300 million entrepreneurs launching 150 million startups globally, each year. While this 5 number may seem impressive, only a third of these startups i.e. 50 million actually materialize, and hence benefit society in one or more ways. Inspecting the reasons behind the failures of these new organizations, insufficient capital stands out as the most prominent factor. Organizations which fail, usually do not have the capital investment to sustain themselves for even six months, let alone the idea of turning into successful ventures.
ETHERINC ETI TOKEN ICO DETAILS
- ICO sale starts: 15 July 2018
- ICO sale ends: 25 July 2018
- Coin symbol: ETI
- Total coin supply: 997,528,142 ETI
- Total coins in coinsale: 450,000,000 ETI
Total Coins: 997,528,142 ETI
● 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).
Community Total Coins: 150,000,000 ETI
● 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
WALLET
eInc offers two wallet options by forking existing open-source code of MEW (MyEtherWallet) and MetaMask. We implemented EtherInc Blockchain configuration and launched a web
wallet (https://wallet.einc.io) and a chrome-based browser extension eIncMeta (https://chrome.google.com/webstore/detail/eincmeta/lghmfnfghfcjoblchpmlghkigcgakoag),
eInc chose to use the open source code of MEW and Metamask because users already know how to interact with MEW and MetaMask and they do not need to get accustomed to a new
software in order to send/receive ETI.
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Create eInc Organizations
ETI coin can be used to deploy eInc organization on EtherInc blockchain, eIncNS for registry of eInc organizations
Create Proposals
ETI coin can be used to create proposals like "Issue Shares, Appoint CEO and others" for eInc organization on EtherInc blockchain
Vote on Proposals
ETI coin can be used to vote on proposals / execute proposals for eInc organization on EtherInc blockchain
Pay Salary
ETI coin can be used to pay salary by creating "Salary/Payment" proposal and pass that proposal in order to pay salary
Creating, managing and operating an organization can be needlessly complicated with lengthy paperwork, bank visits, legal complexities, numerous fees and unnecessary intermediaries and third parties imposing artificial restrictions.
We built einc to empower teams around the globe to create, manage and operate decentralised democratic organizations that are more resilient and trusted, enabling efficient creation of value without borders, restrictions and costly intermediaries.
TEAM
Proven domain expertise meets opportunity. The EtherInc has a proven history of technical achievement and passion for technology. In past our team worked for
ADVISORS
JOIN NOW
[Create eInc]
[Create eInc]
🌐 Main site: https://einc.io
✅Wallet: https://wallet.einc.io/
✅Organisation Explorer (Mainnet): https://etherinc.org/
✅Organisation Explorer (Rosten Testnet):
✅Block Explorer (Mainnet): https://explorer.einc.io/
✅Block Explorer (Rosten Testnet):
✅Network (Mainnet): https://network.einc.io/
✅Network (Rosten Testnet): https://ropstennetwork.einc.io/
✅eIncMeta:
✅Whitepaper: https://cdn.einc.io/assets/files/einc_whitepaper.pdf
✅Github: https://github.com/etherinc
✅BitcoinTalk: https://bitcointalk.org/index.php?topic=3084491
✅Blog: https://medium.com/einc
✅Telegram: https://t.me/eIncHQ
✅Telegram Announcements 📢: https://t.me/einc_announcements
✅Github: https://github.com/etherinc
✅Twitter: https://twitter.com/eIncHQ
✅Mining Group: https://t.me/ETImining
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