Over many decades now, there has been the establishment of various business corporations. Corporation is a business entity which comprises of various officers and directors who all acquire shares in the company and also see to the growth and expansion of the business. They also share the profit in the ratio of the shares bought by each individual.
It is a good business system in that the whole responsibilities of a business will not be on just an individual, and there will be quick gathering of resources for effective and profitable business.
However, the existing ecosystem of this type is been affected by problems like lack of trust and transparency, high cost of incorporation, etc. The solution to these have called for the inception of EINC platform.
INTRODUCING EINC?
Einc is a platform designed to introduce blockchain into the ecosystem of corporate businesses in order to solve the challenges been faced in the system. It is a blockchain based organization backed by Ethereum.
The system of corporate organization, though incentive, is having a lot of problems which many times have drawn back many individuals from engaging in it. Some of these problems are:
⏩Complication in joining or leaving a corporate body: Individuals wanting to partner in the business will have to go through the stress of legal documentation process and compliance with regulations which usually take a long time.
It is either the individual go through the stress or forget about being a partner. This has led to the stunted growth of the ecosystem. Also there are times in which a disagreement occur in the system, this usually lead to the backing out of at least one of the stakeholders, thereby leaving the growth of the business in jeopardy.
⏩High cost of incorporation: the system usually involve high cost for starting up, payment of prohibitive legal fees, and some other exorbitant charges.
⏩High cost of upgrading, safeguarding and managing the organization's finance and development.
⏩Lack of trust and transparency
EINC SOLUTION
Einc will give solution to these problems by incorporating the blockchain technology into the corporate system. This will make the system decentralized and democratic with high level of trust and resilience. Stakeholders will now have seamless access to their shares and resources.
WHY USERS SHOULD UTILIZE THE EINC PLATFORM
The platform contain vast dAPP for effective and efficient business activities. These applications will be available to all investors on the platform. Every of the operations will be smart contract based, giving high level of security. Also, every of the activities on the platform will be proposal based.
ADVANTAGES OF INVESTING
⏩Intending investors will not have to go through much stress before been able to become a member.
⏩Einc supports organizations in starting up with a reduced cost compare to the traditional method.
⏩Investors will all have access to the history of how the funding of the business is carried out. Every of the company's activity will be on a distributed ledger accessible for all stakeholders with high level of immutability.
The ETI COIN
The ETI coin is used for transactions on the platform. The platform gives opportunity to miners to carry out mining activities with the coin.
COINSALE
Coin Name: EhterInc Coin
Coin Symbol: ETI
Blockchain: EtherInc
Total Coin Supply: 99,75,28,142 ETI
Total Coins in Coinsale: 45,00,00,000
Price of ETI: $0.10
Soft Cap: $10,00,000
Hard Cap: $2,20,00,000
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
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%
TO LEARN MORE ABOUT EINC KINDLY VISIT THE FOLLOWING CHANNELS
Website : https://einc.io/
Whitepaper : https://einc.io/#docs
Telegram : http://t.me/eincHQ
Twitter : https://twitter.com/eIncHQ
Medium : https://medium.com/einc
Reddit : https://www.reddit.com/r/eincofficial/
Author Information:
Bitcointalk Username: seblbj
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2022050;sa=summary