Grain is an infrastructure solution that allows companies to process work agreements on the blockchain, with an instant payment mechanism.
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What 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, 2018
Public 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: Switzerland
Registration year: 2017
Social media: 14%
Bitcoin talk signature campaign: 40 %
Token infoTicker: GRAIN
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
5% - Founding Team
15% - Advisors, Partnerships
25% - Escrow Fund
30% - Public Sale
1% - Bounty
24% - Foundation
7% - Operations
1% - Token Sale cost
35% - Development
2% - Legal and Security
20% - Reserves
35% - Marketing
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.