Grain (GRAIN)

Grain (GRAIN) widget

ICO date: 16.04.2018 - 07.05.2018
Product Type: Ecosystem
Industry: Business Services & Consulting
Description:

Grain is an infrastructure solution that allows companies to process work agreements on the blockchain, with an instant payment mechanism.

Features:

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).

Founded: Switzerland, 2017
Website: grain.io
Whitepaper: Whitepaper
Onepager: Onepager

Rating Review and Analytics

Investment rating
Stable+ Expire date: 07.08.2018
Hype score
Medium 2.3 / 5.0
Risk score
Medium

Post-ICO

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Post-ICO Rating


1
Upvote 0
Grain Rating Review
20.02.2018
The ICORating Agency rates the Grain project at Stable+.

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