ETHEARNAL

- Februari 15, 2018

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Introducing the Ethearnal Project - Official Bounty Program

What is Ethearnal?

Ethearnal is a peer-to-peer (P2P) freelance system, in which employers and freelancers meet, enter into trustless smart contracts with reputation and money in escrow, and take advantage of a decentralized system of moderators if needed. We collide reputation and economic initiatives into one by tokenizing reputation and giving it value. All parties, moderators included, have strong and aligned initiatives to act honestly, since everyone has something of value at stake and something to gain if the desired outcome is achieved.

Investors control how and IF we spend money!

Only 10% of the funds collected are released to us upon completion of the ICO. Remaining money and founder tokens remain locked in smart contracts. Once we run out of the initial 10%, we start smart contracts, based on the voting process. We are informing the community of what we have done so far and for what we need the next 10% fund raising.

Each token holder can choose proportionally with his or her token if we need to get another round of funding. If 51% of the votes do not, we do not get the money and keep working until investors are happy enough to vote yes when we start the voting process.

Each token holder can start the refund process!

At any time, anyone holding at least 1 ERT token can perform the refund voting process. If 65% of tokens choose a refund, the project will be terminated, and all remaining funds will be refunded proportionally. So, at any time, we only have 10% of the funds and if we stop fulfilling our promise, you can return the rest of your investment.

Refund process:

Also, the company gives right to each and every investor who is having at least 1 token to initiate the refund process at any point in time. If 65% of the investors are in favor of the refund process, the project would be stopped and the rest of the money would be refunded back to the investors. This ensures that there is an added layer of security for the investors as well. Also, if the investors think that the company is diversifying too much or as moving away from its goal of creating a freelancing platform, the investors would be able to easily get a refund.

ICO hourly cap

The company is aiming to give equal chances to all the investors during the ICO period. Instead of opening the entire ICO amount in a single goal, the company would increase the hourly ICO limit on a regular basis. This would ensure that you would be able to get the coins which you need during the duration of the ICO. It would not entirely be on a first-come 1^st serve basis because some of the tokens would always be opened up in the next few hours. This would ensure that you would be able to easily invest in the ICO in later half of the ICO period as well. This is one of the unique advantages of this ICO. It does not mean that you have to login in order to participate in the ICO the moment it starts. You can participate at your own convenience which would help you in successfully investing in the ICO.

Conclusion

Owing to the practical nature of the platform which would connect the freelancers with the clients as well as the investor-friendly measures which the company has taken, this is one of the best ICOs which you can invest in. Moreover, the investors would have complete control regarding how the money is spent on whether more money should be awarded to the company or not. This ensures that you are able to correctly monitor the progress of the company. When you combine all of these reasons, you would realize that there are quite a few advantages of investing in Ethearnal ICO.

Close the clock ICO dynamically

Dynamic hat investments are increasing every hour! $ 1,000 worth of ether closes on the first hour and then rises by $ 1000 every next hour. (Close $ 2000 per unique sender at 2, $ 3000 hours 3rd and so on) This makes it inefficient to have a large gas cost to make your transactions run first and out putting smaller investors. You have a new opportunity to participate every hour! That way, the whale must compete with thousands of regular investors every hour, leveling the playing field as much as possible (not bulletproof though), without an invasive and bureaucratic inboarding process.

ICO 2.0
You control how and IF we spend your investment!
Tokenized reputation
Reputable reputation with actual money value.
Unbelievable: All deals are in the smart contract of Ethereum, where the code is legal!
Token Utility: A token that is really useful in a variety of ways!
Decentralized arbitration: All moderators around the world with a strong initiative to act honestly.
Affordable: The world's lowest cost! 0% to 1%. Zero profit for developers!
Refundable investment: You can actually get your investment back if the majority of investors decide.
Closed dynamic ICO
Makes it harder for whales, and makes it easier for smaller investors!
Token Distribution