Grain.io

Grain.io

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Grain is an infrastructure solution that allows companies to process work agreements on the blockchain, with an instant payment mechanism.
Public token sale
Mar, 2018
Mar, 2018
100% completed
$11 303 218
37% cap completed
Cap 30 000 000.00 USD
past
  • 1 GRAIN
    =
    0.027 USD
Presale round
Feb 1, 2018
Feb 28, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
GRAIN
Company Details
Registered Country
Switzerland
Additional Details
Platform
Ethereum
Whitelist
Yes ,
KYC
Yes
Categories
Platform, Business services

About Grain.io

Grain processes work agreements on the blockchain and has an instant payment mechanism. It helps companies save billions of euros/dollars annually in middleman services and payment processing costs. Grain is a backend solution that allows labor management systems and freelancer platforms to integrate smart contract and financial transactions on the blockchain.

Grain is not a marketplace to connect employers with workers, unlike competing projects. Grain is a back-end solution that transaction partners use to process work agreements.

Transaction partner examples: freelance platforms (like Upwork or freelancer.com), staffing or temporary work agencies, job portals, etc.

Both employers and workers are protected against possible volatility of the value of Grain. Cryptocurrencies are by default volatile, but it would be unfair if a worker’s compensation gets affected by that.

The solution: A liquidity insurance that's built into Grain. Grain lets participants of the ecosystem share in the success of the platform. When the liquidity insurance collects a profit as the value of Grain increases, this profit will be distributed amongst everyone (workers and employers).

Grain has a mechanism that allows workers to automatically build up a “piggy bank” as part of each transaction. This mechanism can be used for pension funds, 401Ks, etc. that a lot of companies already provide for their employees. If this piggy bank contains Grain, it’s an automatic investment that pays off handsomely when the value of Grain increases.

Features

The GRAIN ecosystem The GRAIN ecosystem consists of five elements:

• A labor contract: The most essential element of the blockchain to register the agreement of when, where and how work will be performed.

• A payment mechanism: Facilitating the transfer of compensation from employer to worker

• Liquidity insurance: Protecting participants from typical fluctuations in the value of cryptocurrencies

• Harvest: Allowing workers to benefit from the success of GRAIN

• Governance: Making sure GRAIN can answer all regulatory and compliance requirements

Technical Info

GRAIN has the potential to truly change the way the world works by eliminating the inefficiencies involved with work agreements. By using blockchain technology, GRAIN ensures that:

• Companies need only pay the necessary costs related to work agreements (thereby eliminating the need for payroll and other services)

• Paying for work across currencies becomes cheaper and more equal for those who deliver work

• Everyone gets paid on time, and no one runs the risk of going bankrupt from delayed payments

• Companies can now make use of the most efficient and cost-effective protocol for handling work agreements with their dynamic workforce

Grain.io Roadmap

Grain.io Team

Verified 80%

Attention. There is a risk that unverified members are not actually members of the team

André Bonvanie
Co-founder and Board Member
verified
Maurits Elzinga
Founding member
verified
Jeroen Van Megchelen
Blockchain expert
unverified
Erik Koster
Blockchain strategy / Board Member
verified
Lucas Huizinga
Marketing + Community
verified
Onno Hektor
CEO & President of the board
verified
Artem Gorev
Smart contract expert
unverified
Arjo Van Ramshorst
Founding member
verified
Steven Deurloo
Law and finance
verified
Philippe Vanderhoydo...
Marketing + PR
verified

Advisors

Verified 100%

Laurent Delaporte
Board of Advisors
verified
René Hendriks
Board of Advisors
verified
Temme Sikkema
Board of Advisors
verified
Roberto De Freitas
Board of Advisors
verified
Ralph Jacobs
Board of Advisors
verified

Grain.io Interviews

André Bonvanie
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
The idea is to really make Grain the currency of work and work with business partners to make work fair and equal for everyone.
Maurits Elzinga
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
User Experience
Erik Koster
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My role as a technical advisor is partly based around the fundamental technical design as well as being responsible for road-map execution with our team.
Lucas Huizinga
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Marketing and community
Onno Hektor
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Changing the way the world works, fundamentally
Arjo van Ramshorst
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
One of the founding members, responsible for all technical aspects of GRAIN
Steven Deurloo
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Strategic advisor with strong background in structured finance and venture capital. Grain is a very strong team with a clear vision and ability to execute.
Philippe Vanderhoydonck
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I help Grain with the marketing strategy and campaign execution.
Laurent Delaporte
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Building the infrastructure for future independant workers and bringing experience of building both large and small businesses
René Hendriks
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am one off the advisors of grain. Experience in WW channels and sales strategy. Out of the box thinking
Temme Sikkema
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am helping GRAIN attain information security and privacy certifications.
Roberto de Freitas
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Great opportunity
Ralph Jacobs
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Advisor

Grain.io Last News

N/A
5.0 7
ICO Profile Vision Activity Potential Product Team
Do not agree with our rating?
icomarks
8.1

Whitepaper
grain.io

Grain.io Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

GRAIN is an infrastructure solution that allows companies to process work agreements on block chain with instant payment mechanism.

PROS:

  • Lower cost: The organization work agreement through the platform saves millions of expenses involved in hiring the middlemen as it is able to effect transactions at a lower cost. It further reduces the cost of maintaining employees relationship
  • Efficient transaction: The platform enables instant payments without any delays in a secure and scalable manner. These payments can be  made instantly across currencies
  • Flexibility: It allows for different types of agreements
  • Transparency : Everyone on the platform is aware of all the agreements and obligations of the parties involved
  • The liquidity insurance protects the participants  from typical fluctuations in the values of crypto currencies
  • The Escrow system  which is fundamental part of the platform enables the users to receive rewards through the profit share and distribution of the individual compensation of workers
  • Security: The Grain which is an ERC-20 compatible token is used as an abstraction for work  and enables the facilitation of work in a secure manner
  • Good team: The platform comprises of  well experienced personnel led by the CEO  Onno Hektor who has managed different successful projects

CONS:

  • The token use doesn’t  permit holders  to take part in the project development
  • The project is not readily available in a  mobile  application supported by Android
  • The whitepaper is not well integrated with missing part of token pre sale and its milestone

SUGGESTIONS:

  • Generate a easily accessible mobile application supported by Android to enable users to access the project across the world
  • The platform should empower the token holders alongside giving them more incentives

 

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