EtherInc: CREATING BUSINESS MOGULS

INTRODUCTION
Wherever you express your unemployment status to a wise man, the first advice remains ENTREPRENEURSHIP but nothing good comes easy. Entrepreneurship works better when an individual has an innovative idea to follow or when that individual plans to invest on his skills. To be an entrepreneur, you need to open and register your organization that gives you legal backings to run all transactions pertaining your business.

But If it were to be that easy, then we'll all be living our dream life for entrepreneurship has its criteria’s which restricts the easy success of any startup. Entrepreneurship as an answer also have its questions, most importantly the capital to not only start up but also maintain that business, leading an entrepreneur to either seek a sponsor or collaborate in a partnership with like minds around the world. In order to run an organization, there must be a structure and members( workers) ready to follow this structure. Therefore, the struggle begins.

THE PROBLEMS

In starting up an organization, an entrepreneur always faces these challenges:

Geographical distance between partners of an organization.
Different geographical compliances and regulations ( laws and charges)
Taxes involved in preparing paperwork's to kick start an organization.
Cost involved in managing both the organization and it workers.
Differences in business opinion or views amongst founding members of an organization.
Lack of investors to further lighten an idea of an entrepreneur or organization.
All this laid down issues can pull down Goliaths. The idea behind cryptocurrency is to have a decentralized and an autonomous means of transaction without restrictions from any one or government but yourself, therefore, bringing about a Decentralized Autonomous Organization (DAO). An organization with no geographical jurisdictions just smart contracts online that holds the rules of engagement and other vital blueprints of an organization.

THE SOLUTION WITH ETHERINC

Etherinc(EINC) is a front-running freedom fighter that integrates the Ethereum smart contracts in order to connect different individuals globally to create or fund an innovative idea of an entrepreneur or organization. It is EINC vision to create a decentralized democratic platform that transforms every traditional startup procedures, remove startups taxes, generate funds/minimize maintenance cost to support border less partnerships as a united organization based on transparency and trust. This platform helps cut out all forms of third parties normal traditional organizations need and also protect every stakeholders interest in an organization.

FEATURES OF EINC

EINC DAPPS: eInc dapps is a smart contract encoded with certain protocols of an organization blueprint to effectively run an organization,. Therefore making every organization a smart contract on the eInc blockchain.
eInc MARKETPLACE: this is where like minded individuals meet to form an organization, this marketplace enables shareholders to agree, manage and run the affairs of an organization exactly on their terms of agreement. It is also a forum where owners can raise funds, spell out workers salary structure and make payment automatically to all shareholders.
eInc NAME SERVICE (eIncNS): This is the feature that holds onto company information's and also help to uniquely identify individual organizations or entrepreneurs based on data given upon registration and creation of a smart contract.
eInc WORKFLOW: On eInc, every transaction or business is done by creating a proposal which is then graded or voted on by shareholders. The result of this vote is collated based on the hierarchy of control or grades(executive power) amongst stakeholders and the terms of agreements. This proposal is to be acted on only if the positive votes exceeds the Quorum voting percentage.
Subsidiary/Multilevel eInc: In the eInc smart contract, protocols have been put inplace to enable cross-organization communications between other eInc organizations to ensures the sharing of ideas amongst entrepreneur, organizations and stakeholders.

FORKING ETHEREUM

EtherInc is a fork of ethereum blockchain which has all the capabilities of the ethereum blockchain. Etherlnc has come to modify the services of ethereum blockchain with lots of unique inbuilt dApps. EtherInc has come to reduce the block time on the ethereum blockchain from 15seconds to 6seconds.

ETHERINC TOKEN (ETI)