The team behind the GRAIN ICO is building a platform that processes labor contracts and provides an instant payment mechanism for compensating workers. GRAIN reinvents the way we work, and lets workers share in the success of the platform.
Elapsed Time :
Raised Funds : 12,000,000 USD
ICO Score : 6.5 Out of 10
Hard Cap: 14,800,000 USD
Soft Cap: -
Accepted Currencies: ETH
The team behind the GRAIN ICO is building The GRAIN blockchain, a blockchain that 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 worker.
To provide a viable solution for work agreements around the world, GRAIN will be flexible enough to comply with any regulations related to labor. To protect both sides of the transaction, GRAIN’s protocol also contains a special mechanism for handling the potential volatility of cryptocurrency.
Using the GRAIN blockchain opens up possibilities for staffing agencies, payrollers, HR system developers, accounting software and many others. It allows organizations to utilize objectively measurable and transparent labor contracts while substantially lowering overhead costs of work agreements.