 | Grain (GRAIN)ICO Grain is an infrastructure solution that allows companies to process work agreements on the blockchain, with an instant payment mechanism. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Grain
An amount of GRAIN tokens, determined by the contract, will be transferred to the wallet of the worker. After the resolution of the contract the funds will immediately be at the disposal of the worker.
The GRAIN wallet and partner ecosystems automatically perform the required conversions when a transaction is created and when consensus has been reached on performed work.
The smart contract checks the value of the GRAIN available in escrow and adds or subtracts the required GRAIN to reach the agreed-upon value, based on the current exchange rate.
The GRAIN foundation will return any profit of the escrow insurance to the ecosystem for all participants (employers and workers).
GRAIN companies only need to pay the necessary costs related to work agreements (thereby eliminating the need for payroll and other services).
DetailsPre-sales: Feb 01, 2018 - Feb 28, 2018Public sales: Apr 16, 2018 - May 07, 2018 Token supply: 3600000000 Soft cap: 4,000ETH Hard cap: 15,048,000 USD(fiat) Raised: 11,303,218 USD LegalRegistration country: SwitzerlandRegistration year: 2017 BountyBounty: 1%Translation: 11% Social media: 14% Bitcoin talk signature campaign: 40 % Other: 35 | Token infoTicker: GRAINType: Utility-token Token standard: ERC-20 Token price in USD: 1 GRAIN = 0.01893549 USD Token price in ETH: 1 Token = 0.000037 ETH Accepted currencies: ETH Bonus program: Pre-ICO: 20% Token distribution: 5% - Founding Team 15% - Advisors, Partnerships 25% - Escrow Fund 30% - Public Sale 1% - Bounty 24% - Foundation Funds allocation: 7% - Operations 1% - Token Sale cost 35% - Development 2% - Legal and Security 20% - Reserves 35% - Marketing |
Grain Roadmap
Start of Flexentral with an 500K EUR seed investment.
Development of proof of concept solution.
Release of first public version of the whitepaper.
Pre-ICO and initiation of Grain Foundation.
Public whitelisting and token sale of Grain tokens.
First distribution of developer funds.
First public beta of Grain API set.
Listing on first exchanges. Public release Flexentral.
Project team
Advisors
Social media
