PRESENTATION
The 4th Pillar is a platform that offers free choice and has complete control over the financial crypto savings to people, by passing through the phase of intermediary costs. But at the same time solving the problem of workers’ digital identity and distribution of personal documentation (ie employment contracts, paychecks, attachments, work history, medical reports, performance reports, employment history reports). The 4th Pillar platform will enable organizations to transfer digital values directly, cutting intermediate costs.
The 4th Pillar revenue model:
The business concept of Pillar 4 is based on the following revenue channels:
The 4th Pillar Organization obtains gas costs from FOUR Token blockchain transactions
The 4th Pillar Organization sells FOUR Tokens to organizations for employee rewards and gas money
The 4th Pillar Organization sells platform subscriptions to organizations, recruiters and Human Resources agents.
Long-term token value
The 4th Pillar is a very interesting and built-in description to provide a safe environment for the management and saving of personal data. FOUR (4th Pill utility token) will be made at a price of 0.1 €. The total number of outgoing FOURs will be set in a smart contract that is created and can not be replaced, therefore inflation can not occur. FOUR tokens are an important part of the platform, Because the platform will scale and expand, the token utility will become increasingly important;
when performing platform transactions, FOUR is required for gas money
when transferring tokens to employees, and
when charging pro subscription to recruiters required as many tokens.
Bank Pillar 4th
The 4th Pillar Bank will receive 152,000,000 FOUR tokens when the token-making event will take place. The 4th Pillar Bank will be the site of the fourth Pillar ecosystem, valuable and necessary for system operation, capable of performing local or international crypto payments.
The main functions of the bank are:
Valuable and required for system operation, can make local or international crypto payments then organize and balance FOUR economic tokens.
B to B FOUR token sales (market price). Since most of our clients are ordinary companies that are not knowledgeable and active in the crypto world, it is important that we have the possibility of selling FOUR tokens directly within EURO, naturally at market prices.
FOUR global token B & C community loyalty stimulation program management.
FOUR global token B & C user community new management program
The 4th pillar of management reserves cryptococcal management
To provide cheaper loans with FOUR tokens in the future
To provide financing for the organization if needed.
4th Pillar bank specification:
Capital: 152.000.000 FOUR
Region: International
Legal entity: The 4th Pillar ltd
Management: bank CEO and management board will be selected after TGE process.
Benefits for individuals are:
The system of payment of prizes and savings in various places quickly, safely,
Have full control over their FOUR funds, wallets, and professional identity
Decentralization is likely to be a long-term savings
Possible trade
Save storage and controls for job related documents such as pay slips, education and training certificates
Possible to be recruited or hunted by other HR agents or employers in the future due to non-discriminatory work performance.
The benefits to the organization are:
Fast, secure, and equitable reward system for four pillars for employees
Significant cost reductions when it comes to transboundary fund transfers
Automatically verified non-discriminatory evaluation system with the possibility to check employee performance over the years, which became a key tool for Management (the basis for annual bonus bonuses)
Recruitment of employees
TOKEN DETAILS:
TGE event: CROWDSALE start day
Token name: FOURTH PILLAR UTILITY TOKEN
Token symbol: FOUR
Blockchain: Ethereum
Maximum number of FOUR tokens issued: 400.000.000 (100%)
FOUR tokens distributed in public sale: 152.000.000 (38%)
Decimals: 18
Initial value: 0.10 €
Token standard: ERC-20.
PUBLIC SALE DETAILS:
EARLY CONTRIBUTION start date 20.1.2018 (minimum contribution per KYC 20 ETH, maximum contribution per KYC 100 ETH) — whitelist approach with 50% bonus.
PRE-SALE contribution start date March 2018 (minimum contribution per KYC 5 ETH, maximum contribution per KYC 100 ETH) — whitelist approach with 30% bonus.
CROWDSALE event April 2018 whitelist approach
Token distribution: start on CROWDSALE April 2018 and continuously during CROWDSALE phase.
ETH/EUR exchange rate will be locked as per crowdsale start day at 14:00 (UTC+1).
Preferred wallet and ETH address: My Ether Wallet.
SOFT CAP: 2.000.000 € (If SOFT or higher CAP is reached, complete plan will be executed on the SE European market).
HARD CAP: 12.000.000 € (If HARD CAP is reached, complete plan will be executed on the European market).
ROADMAP
2017 (PHASE 1 CONCEPT)
Regulatory and legal compliance research and project adaptation
2018 and Q2 (PHASE 2 CONTRIBUTION)
20th of January, start of the EARLY CONTRIBUTION
March, FOUR token PRE-SALE
2nd of April, the 4th Pillar platform BETA
April, FOUR token CROWDSALE and TGE
The end of June EXCHANGE LISTING
2018 Q3 (PHASE 3 PLATFORM)
4th Pillar DAPP platform testing
4th Pillar smart contract testing
4th Pillar Ethereum blockchain token wallets testing
2018 Q4 (PHASE 4 EMPLOYMENT)
CEO and CFO recruitment
Sales Director recruitment
The establishment of the organization
P2P IPFS work-related document distribution — platform update
2019 & 2020 Q1 and Q2 (PHASE 5 SE EUROPE)
The 4th Pillar mobile app launch
SE Europe regional marketing
SE Europe sales and 4th Pillar system integration
2018 Financial audit report
Recruiter DAPP module
Synch DAPP module
2019 Financial audit report
Blockchain database & evaluation platform update
2019 Q3 + (PHASE 6 EUROPE)
European marketing project campaign
European sales expansion
European sales and 4th Pillar system integration
European technical and sales support development
Further project development
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time...
For more information, please visit:
Website: https://www.the4thpillar.io/
Whitepaper : http://the4thpillar.io/documents/whitepaper.pdf
Facebook : https://www.facebook.com/The4thPillarLtd/
Twitter : https://twitter.com/the4thpillarltd
Telegram : https://t.me/joinchat/Hv2QVBEi2yIsGK62l9szpw
Bounty : https://bountyhive.io/join/4th%20Pillar
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.