EtherInc: First LIVE DAO Platform (ICO Review)

bdcoinmarket (25)in #ethernic • 6 years ago (edited)

“EtherInc” or eInc is intended to create a unique protocol for building, maintaining and running decentralized apps and organizations. EtherInc is making DAOs a reality. eInc organizations are borderless and decentralized, just like Bitcoin, which is not restricted by geographies, intermediaries and, other such artificial limitations.

What is EtherInc?

EtherInc or eCinc is meant to make decentralized programs and exclusive methods for developing, handling and operating companies. The aim of this blockchain solution is to enhance business entrepreneurs around the world to develop and function decentralized companies from the restrictions of cost and range. This collaborative strategy will help add more value to the product and increase their believe in and adaptability. EtherInc is meant to be available globally to business 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.

As mentioned in the picture below, all the costs and complexities surrounding the initials have forced many opportunities to be missed. EINC removes all legal, operational and financial requirements to create a new beginning. All you need to do to start your company is to choose a name first, and then you can immediately set up your blockbusiness company. You can then add founding members and then assign roles to your team. It’s all that simple.

The Problems
Common roadblocks faced by these new age organizations are:

Different country-specific compliances and regulations create friction.
Heavy incorporation costs, prohibitive legal fees, high transaction charges, etc.
Costs involved in updating, managing and safeguarding company finances.
A difficult procedure for conflict resolution.
The complicated process of partner inclusion or exclusion.
Angel Investors And VC’s have become discerning, while mechanisms like Crowdfunding and ICOs have earned a bad name due to numerous scams.
The Solution
Since EtherInc (eInc) is a blockchain project which creates and run decentralized digital organizations based on cryptographic proof instead of trust or intermediaries. eInc organizations can run borderless, permissionless, democratically and transparently with the consensus of its shareholders, without the need for trusted third parties and/or expensive intermediaries.

What Makes EtherInc Unique From Others?
EtherInc is the first LIVE blockchain for decentralized organizations. We already developed eInc protocol for running decentralized organizations. Our goal is to replace traditional company with eInc organizations.

EtherInc Layers

Why Use ETI Coins

ETI coins are the fuel of EtherInc blockchain, just like Ethereum has ETH coins as a fuel in Ethereum blockchain. The crypto-fuel for the EtherInc Blockchain, ETI coins, which form the transactional backbone of the EtherInc Blockchain, can be used in many ways.

eInc Marketplace
eInc Marketplace will consist of dApps, which will provide eInc organizations a wide variety of applications to run their eInc as and how they want. One example of Marketplace dApps is the Payroll dApp which enables eInc owners to handle their employees and pay their salaries automatically, without the need of passing multiple proposals.