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Having investigated Etch (Website: https://etch.work/) I can say that I am comfortable to invest in their tokens. Here is a short analysis that I have done.

Social scalability: Etch's main objective is to revolutionise payroll, they are the only company that has looked to do this since the industrial revolution. Most employees in the world have an inefficient payroll, therefore Etch has a fantastic social scalability.

Competition: Etch has no competitors in Blockchain at this moment. They specialise in real time payroll and real time remittance.

Tangible progress: Etch already have a pre alpha demo of their product up and running which .

Growth: Etch are already part of the Construction Blockchain Consortium and offer benefits to the largest construction companies and other major players (https://www.constructionblockchain.org/). Their CEO Euros is in charge of the NOMAD community in London who are 800 strong. Etch already have a set plan to grow their project. I understand that Etch has also worked closely with the law firm Flag Gate to ensure the legitimacy of their token sale (bonus points here).

Although this project looks great, payroll does seem like a straightforward use of blockchain but I do wander how long it will take for this to fully integrate into the regulatory systems. Especially ones such as the US.

Wow nice! I saw a stat recently saying that a third of the people in the UK live pay check to pay check. This project looks as if it could really give people more comfort, especially in the construction industry where paycheques are unpredictable. Really excited for this project

Thank you.. The US will certainly be interesting to crack considering their sprawling tax laws and jurisdictions.

That being said we have no doubt that smart contracts can take care of payroll and tax more effectively than any current system. The fact that there are existing payroll systems which can account for this already show it is possible!

Our token sale begins on the 18th September, remember to check https://etch.work for details.

Thank you for sharing, will definitely look in to this.

Anyone know anything about the tokens

i.e. how much theyre worth, the cap etc...

Okay, all I can see now here is that Etch makes your salary "flow into your wallet". In other words, you're just getting paid in crypto. But how will Etch be any different from something like BitWage? Hasn't that and other companies for years already make it possible to get your paycheck in crypto? Or have I completely missed the mark here. The only thing I can see different is Etch makes it "accountable". Not clear exactly how, though.

This just like you are shilling to the etch but this is my first time to see about this project. But is there an announcement thread about that? I just interested to learn more.

Nice web site and nice project but less insterest.
https://etherscan.io/address/0x00BF5e0c2566Eb1878Ff0AeF458F7A39dFE92254

they only get 2 ETH for now. They didn't make any promotion to make this token sale popular.
will not join before they get some good amount of funds.

The distribution is anticipated to last for 30 days, com- mencing on September 18, 2017 at 6 PM BST, and completing on October 18, 2017 at at 6 PM BST.
ETCH will accept contributions only in Ether.                  
Hard cap of £5m, or 25,000 ETH fixed at £200.         
No min cap.
Token name is ETCH                  
Total amount of ETCH issued is 100m.
Total amount of ETCH distributed in public sale is 40M.   
20m ETCH tokens locked by Foundation for 12 months.      
1 ETH = 1,600 ETCH Tokens.

Hi,

Etch's service is built around payroll and that working relationship. Firstly Etch is a payroll system which is reducing time and cost for employers as the platform is blockchain based and can execute transactions automatically with smart contracts. Letting wages flow into your account in real-time is essentially like bringing a streaming service to wage payments.

Think how streaming movies, music and other content has changed the world. Then imagine what effect that could have when applied to something more fundamental to life like being paid. If you could be broke on Monday morning but have money in your account to buy lunch by midday. Or if your car unexpected breaks down, not needing to rely on a payday loan to make ends meet and risk that debt trap. Having the peace of mind that you are getting paid what you're due and you don't have to worry about your employer paying late / the wrong amount / going bankrupt and screwing you for what you're owed.

We will also allow for real-time remittance which will mean migrant workers can support their families instantly and at a lower cost than other remittance providers. If you need to leave your family to support them from abroad, I daresay it's because they really need the financial support, so this can only be a good thing.

Etch relies on two types of tokens to work. The first ETCH token gets consumed in using the payroll platform. The second token is an EtchPay token which is a "stable token", one that's pegged to fiat and avoids the fluctuations of other crypto's and makes being paid this way easy to work with day to day. Etch will also issue EtchPay cards that allow these wages to be spent as fiat anywhere.

Etch unifies payroll, payments and remittance, cutting out as many unnecessary middlemen as possible to deliver maximum value to employers and employees. This helps create a more profitable working contract for everyone involved.

Hey Adam, I'll take that as a challenge :-)

Stay tuned

How do you plan to scale your business as it, and the ethereum blockchain grow?

Also your website says that you have already started running trials with this tech, can you give any more details about that?

this would be an interesting update to watched out, what would be the answer from this would be the game changer promoting your coin and provide good advertisement inside and outside the forum is really important to gather attentions and followers, investors also looking for the support behind the project
if you can showcase the benefits and the advantage of this project of yours it will interest many of us here dev. good luck.

To the good people at ETCH,

I've noticed there is very little information regarding tokens and token distribution. All I seem to see is the value and market cap. As I am currently the second biggest investor in your tokens to date at a whopping 2.12416228 ETH I would like to know when I could expect to see the fruits of my Ether? I would be happy to invest many more of my ETH if I had a little more feedback. I'm sure there are many potential investors out there thinking the same. Also you don't seem to be listed on any upcoming ICO websites. Just a thought.

Kind regards
Anonymous ETCH investor

ETCH ? what is that ?
what is the benefits we get for invest to that ico ?

So many shills vouching for this shitcoin...

The ICO project, which makes it possible to receive wages in real time, looks tempting. ETCH tokens created during this project should be popular. However, the period of such implementation of this project into practice, most likely, will take quite a long time.

anyone know the global value of this industry? if it is a long term investment I want it to be worthwhile

It seems like an excellent project to invest! Do you now if they'll have any bounty campaign?  ::)

No full understanding of the prospects so far...however the project is really attractive one :-\

look at this Account inflation..:/
ETCH is not unique and not useful
just want to get some money
that why i almost never invest in ICO's...

not sure how certain things will work still i.e is it an app? how does the remittance work?

Token name: ETCH

The sale has a hard cap of £5m, or 25,000 ETH fixed at £200.

The total amount of ETCH issued is 100m.

The total amount of ETCH distributed during the public sale is capped at 40m.

20m ETCH tokens will be locked by the Etch foundation for 12 months.

1ETH = 1,600 ETCH tokens.

Etch is the world's first blockchain based payroll system to use smart contracts to stream wages and remittances in real-time.

Streaming services like Spotify, Netflix and YouTube have completed transformed how we consume media. Streaming wages and remittance is a much more fundamental change in how we do things. There will be no payday or payday loans, we have what we need as soon as we have earned it.

This revolutionary concept is even discussed by Ant Antonopolous. https://www.youtube.com/watch?v=gF_ZQ_eijPs&feature=youtu.be&t=1048

We're one of the only blockchain token sales who have actually done our due dilligence properly around launching this company. Here's a 27 page legal doc from the oldest law firm in London: https://app.etch.work/static/files/Etch%20ICO%20Terms%20%26%20Conditions.pdf

If we really "only wanted money" we would be aiming for £100m and spending shit loads on hype instead of asking for £5m and saying - we will build this company regardless of the fundraising outcome because the world needs it.

Hi Lemmytron,

Thank you for your support, I understand your concern.

We have been advised not to issue any tokens until post sale to avoid any accusations of insider trading or risk looking like a ponzi scheme. When tokens are released, individuals are suceptible to getting hacked or could even start trading tokens on a secondary market, undercutting our own token sale.

The implications for other ICO's distributing tokens immediately and promoting staged bonuses risk this coming back to bite them in the ass in a big way.

As for the ICO website listings... Again it's something we're moving ahead with carefully. We created self imposed hurdles in our pre-sale to only accept a small amount of money from certain investors while our legal team and other partners continued to navigate this space with caution. We have approval to broaden the scope of which counties we accept token sale contributions from. It's a level of restraint that is uncommon in this industry but one that is required to succeed long term.

We are aiming to raise £5m and we have to be sure we get an ROI on marketing budget from our pre-sale in addition to tokens we promise to marketers post sale. Many ICO listing sites can't show a good ROI. We're obligated to use our budget responsibly. Particularly as we are committed to delivering this project regardless of the fundraising outcome.

technology ultimately facilitates more customer-centric business models. Streaming services have hugely disrupted the media industry over the past decade. Netflix, YouTube, Spotify etc. But this is just media.

Traditional financial services do not provide enough value to people. FinTech has had a decade to solve these problems and has so far failed.

Approximately ⅓ of employees in the UK and ½ of workers in the US and Canada live paycheque to paycheque. That percentage is consistently high and these are the developed nations! What about migrant workers who have to leave their family to search for opportunities abroad? If they live paycheque to paycheque, their families are surely living hand to mouth. So what happens if your car breaks down, you have an unexpected bill or school uniforms cost more than you thought? Take out a payday loan? Fall into that vicious cycle. It doesn't need to be that way! Blockchain has created new possibilities and we are committed to delivering financial security to the masses.

We will deliver wages and remittance second by second, day by day when people actually need it. In the future there won't be a "payday" and especially not a "payday loan"

Please see our official thread below for more info.

https://bitcointalk.org/index.php?topic=2145284.msg21461188#msg21461188

Thank you

We are building the world’s first blockchain payroll platform which streams wages and remittances in real-time. Using a blockchain, which is the realisation of triple-entry accounting on a shared ledger, to solve inefficiency issues in payroll makes for an obvious and straightforward use case for solving an outstanding set of business problems.

Streaming services like YouTube, Netflix and Spotify have massively disrupted their own industries by delivering on convenience and practicality. Imagine what will happen to financial services when we begin streaming wages and remittances in real-time instead of monthly blocks.

Play around with an alpha demo on our website. We've run its first pilot successfully. https://etch.work

Why are people slow to take up FinTech offers? Who really cares about switching bank providers for 0.5% interest more on their savings, if they have any.

Etch solve a payroll problem for businesses and issue EtchPay cards to every employee and their families. Capturing thousands of B2C customers for every B2B client. We bring payroll, payments and remittance under one roof in one seamless solution that eliminates the need for bank accounts, other pay cards or remittance services.

Etch tokens are available for 12.5p each. 1 ETH = 1600 ETCH

We will deliver our solution regardless of the outcome. We have much news to release and know we can.

Check out the Construction Blockchain Consortium, we're the first project to emerge out of it. Our CTO sits on the technical committee. https://constructionblockchain.org

Official thread: https://bitcointalk.org/index.php?topic=2145284.msg21461188#msg21461188

The first phase is a web interface with automated straight-through payroll processing logic built in.

Second iteration is to unveil a mobile app which employees use to manage their own finances.

Remittance facilities are set up between employee and their family to deliver low cost remittance services second by second instead of current models which require a worker get paid at the end of the month then remittance services take another week to process a transaction plus a high fee.

Thank you Argoo.

We have completed our first pilot with a second lined up.

You can play with our alpha platform on https://etch.work or just watch a video of how it works on YouTube: https://www.youtube.com/watch?v=mlEBmMrEhPU&t=2s

Using what is essentially an accounting technology to create a payroll platform is about as straightforward as blockchain projects get.

We are speaking with tax computation services and utilising our connections at the CBC to expedite our delivery. https://constructionblockchain.org

The fundraising is picking up fast, especially with the announcement of the partnership with KPMG

https://www.journalism.co.uk/press-releases/etch-ico-to-revolutionise-payroll-platform-boosted-by-kpmg-collaboration/s66/a710901/

The global value of remittance is $400 billion. I believe the payroll outsourcing sector is valued at around $17 billions a year: http://gpa-global.org/wp-content/uploads/2017/01/January-2017-Trends-2017-Global-payroll-outsourcing-growth-outpaces-rest-of-market.pdf

must much promotion
because token sale is drop now
if want continues and grow
but that just my advice

Where you can buy ETCH tokens..is there any exchange?

Excellent project,ive invested 5.ETH for the ETCN tokens and ive been holding it for while,if you still dont have the tokens grab it until you can or you will regret it hoping for its success.

...where I can grab them?