Introduction
Having an idea, and starting a company are two very different things. Startups around the world are acutely aware of the intricacies involved in starting a company. And, the cycle of innovation begins with the first day at work. Many countries are promoting schemes for the startups to start in their region for growth and employment. Ideas can't be suppressed. Most of the startups fail, and that is a sad truth which no one talks about.
The product market fit model never suits the market and business run out of cash. The reasons which can be cited behind failures of so many startups are as follows; different country-specific compliance and regulations create friction, heavy incorporation cost, prohibitive legal fees, high transaction charges, the difficult procedure of conflict resolution, complicated process of partner inclusion or exclusion, and High cost involved in upgrading and managing company finances.
There is a need for creating a global framework for startups where they can work without the limitations of the geographical boundaries. Do you think it is possible to create such framework for the startups?
Solution Offered
ETHERINC is building solutions for the decentralized startups. The concept of borderless, trustless, permissionless and transparent organization based on the cryptographic proof is being put forward by the team. The decentralized app created by the team is based on the ethereum blockchain. Smart contract protocol is utilized on the platform for execution of the tasks.
Proposal based execution of tasks are carried out on the platform. 17 different kinds of proposals are available on the platform which is divided into two categories; voting based proposals and grade based proposals. There are inbuilt protocols for the cross-organization communications.
What is EtherInc
EtherInc or eCinc is designed to create decentralized applications and unique protocols for creating, managing and running organizations. The intention of this blockchain solution is to strengthen entrepreneurs around the globe to build and operate decentralized companies from the constraints of cost and distance. This collaborative approach will help add more value to the product and increase the company's trust and flexibility. EtherInc aims to be accessible worldwide to entrepreneurs wherever they need this essential service.
How Does EtherInc Ethereum Crypto Blokzinciri Fork Work
EtherInc has been able to build what can be termed a comprehensive abstract base layer that contains a blockbinary network with an internal programming language. This means that everyone in the ecosystem can create intelligent contracts and other decentralized applications where they can set their own rules of property, state transit functions and transaction patterns. This platform will be particularly useful for making decentralized applications where users are looking for a fast development process and when different application capabilities interact efficiently.
ICO INFORMATION AND TEAM
997,528,142 ETI Tokens are created for the project. 450,000,000 ETI Tokens are up for the sale. The token sale will start on the 25th June 2018 and continue until 25th July 2018. The pre-ICO will start on 7th June 2018 and continue on 15th June 2018. 40% of the funds will be used for the development of the platform while 20% of the funds will be used for the team. The team is experienced in the blockchain technology and business development.
Conclusion
Today, large corporations are funding the ideas, which they think will change the future of the technology and world at large. The process of forming a company is getting complex and people are finding it difficult to manage the multiple factors required to sustain a business. The future of organizations is on the blockchain. They have tried to create a blockchain with a built-in Turing complete programming language.
Startups working in the different fields can utilize the platform for the growth and development of their business. The future of the blockchain technology will be determined by the applications created on them. As we can see in the present market, there has been an upsurge in the applications based on the blockchain technology. People are going to adapt to the modern technology as it makes their life easier. What do you think about the services offered by the platform? Are we ready for the decentralized world of business and applications?
for more information EtherInc
Website : https://einc.io/
Whitepaper : https://cdn.einc.io/assets/files/einc_whitepaper.pdf
Twitter : https://twitter.com/eIncHQ
Facebook : https://facebook.com/eincofficial
Youtube : https://www.youtube.com/channel/UCuXo10jvemdXWeROA1lc9Uw
Medium : https://medium.com/einc
Telegram : http://t.me/eincHQ
Author :https://bitcointalk.org/index.php?action=profile;u=1801543