WHAT IS ETHEARNAL ??
Ethearnal is a decentralized freelance system that runs on blockchain that makes peer-to-peer transactions possible. The system consists of three main players or parties: Freelancers/Employers/Moderators. Blockchain smart contracts technology binds these types parties by tokenizing economic and reputation initiatives. On Ethearnal, economic and reputational initiatives are the same. As a result, all parties, have strong and aligned initiatives to act honestly, since everyone has something of value at stake, as well as something to gain if the desired outcome is achieved. Ethearnal applies game theory for dispute resolutions based on the principle that the majority is always right.
ICO 2.0 and How it Works?
The smart contract automatically gives the tokens to you and 10% of the raised funds to us on completion of the ICO. The money is used to regularly update you on the progress of the project through Twitter, email, Telegram, Reddit, and Slack. You can also track progress on Github. When the initial money runs out, we forward 0 ETH transactions with extra data to the smart contract, asking to begin the process of voting which goes for a week.
The company describes and show you on social media what has been fulfilled so far and how we will utilize the subsequent increment of 10% funding. Based on this information you choose if you want to vote in support of granting us the next 10% supplement of funding or not. A 51% vote means we do not get anything and we will continue to work till the token holders are happy enough to vote yes in the future when we open the process of voting.
TOKEN – Ethearnal reputation Token
Symbol – ERT
Timeline token
Start of token sale: - February 28th 2018 15:00 UTC
End of token sale : March 31th 2018 23:59 UTC
Token Pricing: 1 ETH =1000 ERT
Maximum/ Hard Cap: -$30M worth of the ether at the time of development of the smart- contract
Token Distribution: 75% are sold at the ICO
Conclusion:
Our world has never been this connected. With technology jobs topping the list of freelancing gigs, more is expected in the future as there will be more subsectors in the industry plus a ballooning population of global citizens and thus increased online opportunities. Ethearnal provides an easily browsable pool of talent and employers and a piece of mind through dispute resolution and escrow.