Today is the last day of the presaleSince this is the last day, we'd like to remind you for the last time that if you want to claim that 25% or 15% bonus, now is the time. And remember: the minimum contribution is 0.1 ETH.
Webinar #3: Cryptoinvestor.show / Advisors and PRhttps://youtu.be/ozEDm9CQKnQ
Looking for a great #bounty campaign? Check out ours: https://bitcointalk.org/index.php?topic=2779618.0 #ICO
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Are there any stats available on current sales? I can't seem to find any on the website. Do you have to apply for the presale first?
The sale got off to a slow start due to some issues with our KYC provider. That has finally been resolved. More information on funds raised, soft cap, and hard cap for presale are coming this week, as well as a hands on demo version of the MVP. So do you have an update already on the above mentioned question? Would be good to get some more insight into current sales/popularity. Also, you can see how much has been raised by going here: https://grain.io/tokensale/ |
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How do you plan to resolve disputes between a seller and the buyer? Most of the payment processors and freelancing websites end up favoring buyers as 'customer' is always their first priority and somehow sellers and freelancers fail to be in that category.
The GRAIN protocol is simply a technical infrastructure that processes work agreements and instigates payment. The transaction partners interact with the employers and employees and are therefore in the best position to devise their own rules and standards to deal with these type of situations. |
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Have you locked in your 20% bonus tokens yet?
It's almost Feb. 28th, so our presale is coming to an end shortly.
That also means that these are the final days you can get the 20% bonus. The only thing you need to do is participate right now.
So head over to your account by clicking the button below (or create one if you don't have one already), and follow the instructions on your dashboard to participate.
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Hello everyone. Just wanted to know if the GRAIN token will have other functions aside from what it's currently for, which is not really unique to the project. Upon checking the whitepaper, it seems that tokens were created primarily for funding the project since its other functions is just similar to what other coins do.
Every transaction in the ecosystem is fueled by GRAIN tokens. It is how fees are collected, the liquidity insurance is funded, the GRAIN Harvest is funded, and how workers will be compensated for their efforts (workers do have the option to have their grain converted to fiat). No other forms of payment are used for these things. |
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Now not only grain there are many companies asking for KYC procedure inorder to participate in the ICO. What is the main reason behind it to statsify the KYC process?
Same reason exchanges all demand it now, to ensure compliance. It can cause legal issues (both immediate, and down the road) if you do not do KYC now. This is why pretty much all ICO now do so. |
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Webinar #2: Project updates, transparency and tech Q&A - https://youtu.be/e1U8mAklsgM___ This week another call with Grain CEO Onno Hektor and Erik Koster.
In this webinar, we covered:
- Transparency during the token sale
- First wave of scammers
- An interesting review by Coin Bloq
https://youtu.be/e7nJkO3Jzfo
- Security and certifications by Temme Sikkema:
https://youtu.be/L6k0_wJP0Rc
- Insights from the tech teams
- And a tech Q&A
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What happens when, over time, the liquidity insurance wallet's balance drops below the minimum to cover 150% of the required FIAT?
When GRAIN transaction volumes are high, GRAIN price will be high enough to cover the insurance. When low GRAIN transactions cause a price to drop, the ESCROW reserve is still large enough to cover the required FIAT. In the unlikely scenario that volumes are high and price is low, our worst case scenario would be to use the foundation reserve to cover for the (most likely) temporary setback. |
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Hello it was very hard to understand your formula to counter volatility, but now i know how it work really thanks for detail. can i ask some questions? because I'm a little embarrassed whitelist and "know your customer", it does not reduce the flow of investment? If I then on the exchange to buy your tokens - I will need to go through KYC?
Whitelist is just registering on the site and filling in a few lines of information, KYC is more information and a proof of identity. It does reduce the number of potential investors, yes, but is needed in today's market. To buy on the exchanges you would just need to complete any KYC the exchange required. We cannot control who buys what once it goes on to exchanges. Thank you very much for the detailed answer, but I will ask you again anyway. Let's say I bought your tokens on the exchange, and then I transferred those tokens to my wallet. And in the future I will use the services of your organization - I will be obliged to pass KYC? GRAIN's KYC is for the ICO only. Whatever exchange you sign up to use may have KYC to use their exchange. |
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US allowed?
It is closed to the US. If you are an accredited investor you can email tokensale@grain.io |
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Are there any stats available on current sales? I can't seem to find any on the website. Do you have to apply for the presale first?
I same with you, because I cannot see information about sales statistics and Can anyone help us in this matter? Thank's A bit later this week, we’ll announce how much has been raised so far, plus another first big announcement. A real time ticker will be available soon. Grain is a platform which works on the blockchain technology with an instant payment mechanism. Grain helps the organization to save a substantial amount in brokerage/ trading services. Grain is not an open market to connect to employers. Grain is a back end solution where transactions take place and partners can sign for work agreements.
For every transaction, partners will get 50% of the fee and this fee is charged to the users. Partner FleXentral is used as the front end which gives solution which can be used for Grain infrastructure. Grain is flexible which allows all the types of agreements between contractor and user.
I just need some more clarity about the Grain because what are the major contract are they going to support because already we are seeing some blockchain transaction without any fee, but how can Grain overcome with those companies? Can you clarify your question? Also, can you say which blockchain project is doing payroll solutions for 0 fee right now? |
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