Grain [ICO]

What is Grain?
Grain is an infrastructure solution that allows companies to process work agreements on the blockchain, with an instant payment mechanism. The GRAIN blockchain simplifies labor contracts by processing the work agreement through a smart contract. At the same time, the ecosystem introduces a compliant, prompt and fair payment mechanism, all while maintaining full security. The third and final part is the introduction of a digital savings account for workers who are being contracted through the system, which can also be used long-term or for shorter-term needs or saving. Using the GRAIN blockchain opens up possibilities for sta ng agencies, payrollers, HRsystemm developers, accounting software and many others. It allows organizations to utilize objectively measurable and transparent labor contracts while substantially lowering over- head costs of work agreements.

A study by Freelancers Union shows that there are 57.3 million people that freelance in the US (in 2016). Another study by Intuit shows that in 2020, 43% of the US workforce will be exible workers. It’s clear that in this on-demand economy, more and more people are becoming self-employed and will operate as flexible workers. As Accenture’s Liquid Workforce concept illustrates, this trend is becoming unstoppable. Companies around the world that embrace a more dynamic workforce and themselves in a more competitive position: the on-demand economy allows them to allocate capital and time more effectively. However, the antiquated rules of the “old normal,” which still apply, make it hard for companies to organize themselves around their new dynamic workforces. Opportunities are therefore lost to the complexity and unnecessary costs that arise as companies try to apply the new normal to an outdated framework.

GRAIN processes labor contracts on the blockchain, providing an instant payment mechanism for compensating workers. There are still many variables involved in work agreements that are country-, person- and situation-dependent (think of regulations, compliance, taxes. etc.). To ensure that GRAIN is a viable solution that works across the world, we will build it to serve as the basic infrastructure for transaction partners to process worker compensation agreements. GRAIN’s protocol is “the new currency of work,” and partners can leverage the flexibility of the system’s protocol to suit every possible work-agreement scenario.

Project Team:

Tokens Details:
GRAIN is an ERC20-compatible token that will be used as an abstraction of the value of work. Every transaction in the ecosystem is fueled by GRAIN tokens, making the exchange of value for work, fast, cheap and globally scalable. GRAIN Token will be used as a mean of accountancy. Based on the Ethereum blockchain, GRAIN is able to facilitate transactions for work in a safe and transparent manner. The “smart contracts” are chunks of software that are immutable pieces of “truth,” the strength of which lies in the fact that there is no way for a centralized authority or a malicious user to take advantage of the system.

Token GRAIN
Price 27000 GRAIN = 1 ETH
Platform Ethereum
Accepting ETH
Minimum investment 0.5 ETH
Soft cap 4000 ETH
Hard cap 40000 ETH
Country Switzerland
Whitelist/KY KYC & Whitelist

Verdict:
GRAIN will be marketed and sold as a component to existing solutions in the market. From the local ISV to the international temporary agency or job portals, GRAIN will pro le its service as the operating system of work. The partner model will be presented before GRAIN is launched as a commercial product. All partners receive a 50% commission from the transaction fee GRAIN charges. For many partners, this will transform a cost into revenue generation. Our partner strategy is why the release and maintenance of a broad set of APIs will be the company’s key technological objective, allowing more companies to connect to the protocol and make use of all of its benefits.

Important links:-
Website: https://grain.io
Whitepapper: https://grain.io/tokensale/#whitepaper
Telegram Group: https://t.me/GrainIO
Twitter: https://twitter.com/Grain_io
Facebook: https://www.facebook.com/grain.io/
ANN thread: https://bitcointalk.org/index.php?topic=2766557.0
Bounty thread: https://bitcointalk.org/index.php?topic=2779618