Introduction:
According to FoxBusiness report, Bill Gates once stated that bitcoin is better than the normal currency, in that someone does not have to be in a place before large transactions are made possible. As a result of this, many businesses have utilized the potential of blockchain technology because the technology serves as a savior to deliver them from the challenges that the jurisdictions pose on them. For instance, a stat shows that out of about 150 million startups that emerge every year, only 50 million of them make it through. One of the reasons why most startups businesses failed was as a result of a lack of capital. But the invention of cryptocurrency has helped many startups businesses to raise funds. However, cryptocurrency seems to be failing because the technology is now slow in transactions, and recently the technology has been faced with hacking issues which makes investors unwilling to invest in cryptocurrency, in addition to the setbacks that it causes for new start-ups businesses. But fortunately, EtherInc has come to provide a new era decentralized technology with the aim of helping the start-ups businesses.
The overview of the project:
Elnc is a platform that designs substitute policy for running decentralized organizations. This project aims to develop a wide range of applications that can be used for various sets of trade-offs which will be used and utilized by the large ecosystem of the decentralized apps. This project will create a system which allows everyone to program smart contracts and decentralized application on where they can function.
The challenges start-ups businesses face
Before the invention of the blockchain technology, the startups businesses were under government jurisdictions which usually put an embargo on the development of these businesses. The limitations faced by these businesses includes; different regulations by different countries which causes barriers in collaborations with other companies outside each country The lack of capital is also another cause of limitations and setbacks for the startups businesses.
However, since the invention of blockchain, the startups businesses were able to utilize the technology as a stepping stone but along the line, due to the congestion of population in the platform, the transactions became very slow to the point it became unbearable to the investors and this causes the investors to lose interest in cryptocurrency which in turn affect the startups businesses.
The solutions EtherInc offers:
EtherInc which is also known as elnc seeks to sponsor the new start-ups businesses around the world, by helping them to control, invent and direct substantial businesses in such a way that its will be trusted and withstand challenges. This will make the new start-up's businesses to be more substandard in terms of value and without limitations or restrictions in all of their activities. In respect to the achievement of Bitcoin in terms of payment, and will provide an alternative decentralized system that runs with the agreement of the of the investors. This project works in a peculiar way in order to attract the interests of the stakeholders and thereby increasing the investor's confidence.
EInc Token details:
The EtherInc token was created based on their fork. This token (I.e ETI tokens) can be used to pay transactions fees. The transactions system of the project is such an extra fast system which makes this project better than the existing blockchain platforms.
ICO TIMELINE:
Pre-ICO sale starts: 07 June 2018
Pre-ICO sale ends: 15 June 2018
ICO sale starts: 25 June 2018
ICO sale ends: 25 July 2018
CoinSALE:
CoinName: EhterInc Coin
CoinSymbol: ETI
Blockchain: EtherInc
Total Coin Supply: 97 528 142 ETI
Total Coins in Coinsale: 450 000 000
Price of ETI: $0.10
Soft Cap: $1 000 000
Hard Cap: $22 000 000
EtherInc Coin Distribution:
Ethereum Holders: 9.78%
Future development: 10.02%
eInc startups: 10.02%
Strategic Partnerships: 10.02%
eInc community: 15.04%
eInc coinsale: 45.11%
EtherInc coinomics
Advisory: 5%
Marketing: 10%
Reserve: 20%
Team: 25%
Development: 40%
MEET THE AMAZING TEAM AND ADVISORS
PARTNERS
Conclusion
With the amazing idea of this platform, it is a sure thing to that this platform will bring consensus across every decentralized in the blockchain system.
USEFUL LINKS :
Check out the links below to know more about this amazing project. Join on various social media.
Website : https://einc.io/
Whitepaper: https://cdn.einc.io/assets/files/einc_whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3084491
Telegram : https://t.me/eincHQ
Reddit : https://www.reddit.com/r/eincofficial/
Github: https://github.com/etherinc/
Twitter : https://twitter.com/eIncHQ
writer's bitcointalk username : deodivine1
Writer's bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1390292