THE FUTURE OF ORGANISATIONS IS ON THE BLOCKCHAIN

• Decentralised • Democratised • Dis-intermediated

first LIVE DAO platform

THE PROBLEM

Setting up and running classic organisations is needlessly complicated - lengthy paperwork, legal complexities, bank visits, compliances, intermediaries that impose artificial restrictions.

Classic organisations are prone to corruption and dictatorship of the centralised authority.

GitHub spearheaded the open source revolution and lead to contributors from all over the world to collaborate on open-source software projects.

But when it comes to building sustainable business models with collaborators from around the world, we have nothing to show for. Trust between collaborators hits an all time low when money is involved.

ICOs too tried to democratise fundraising, but are slowly losing investor confidence due to the increase in ICO scams.

THE SOLUTION

EtherInc (eInc) is a blockchain project to create and run decentralised digital organisations based on cryptographic proof instead of trust or intermediaries.

eInc organisations can operate borderless, permission-less, democratically and transparently with the consensus of its shareholders, without the need of trusted third parties and/or costly intermediaries.

The first live blockchain platform to setup and run DAOs

THE LAYERS

Forked Ethereum

WHAT’S LIVE

Block time from 15s to 6s

eInc Protocol eInc Organization

Web Wallet eIncMeta (similar to Metamask)

Community Portal

EtherInc Testnet for developers

eInc Explorer

Meta CommunityEtherInc Testnet Wallet

#1 USE CASE

Trusted, resilient and democratic virtual organisations on the blockchain

• unique eInc names • proposals • voting and consensus • transparency • currency • external contractors

• Reserve a name and quickly register your blockchain based DAO as an eInc.

• The day to day decisions of the organisation are made through Proposals. Proposals can be used to create roles, add members, assign roles and associate grade to build a robust organisational structure that ensures key people can instantly execute certain actions.

• Issue and assign stock with different vesting schedules and voting power of the shares to the team. This helps distribute the ownership and bring different stakeholders into an organisation.

• Easily pay salaries to employees or make payments to third party contractors based on accepted proposals.

• ETI (EtherInc) coins are used to power the eInc DAO ecosystem on the eInc blockchain.

• ETI can be used for payments, external investments, and finally building the assets within the organisation.

#2 USE CASE

Faster and inexpensive dApps (than Ethereum)

einc is created as a fork of Ethereum blockchain with replay protection and hence, has all the capabilities of the Ethereum blockchain with some of our added enhancements. Fork of Ethereum on Block 5078585 on Tue, 13 Feb 2018 16:21:28+0000

• We decided to take a different path than Ethereum by: - reducing block time from 15s to 6s, which improved - network transactions per sec by 2.5x - transaction confirmation speed by 2.5x - miner reward by 2.5x - removing uncle reward- implementing finite supply for mineable coins

• This makes the eInc blockchain faster than Ethereum and allows for better scaling while preserving decentralisation.

• Unlike Ethereum, the GAS prices aren’t as high on the eInc blockchain and hence, dApps can run inexpensively.

#3 USE CASE

Securing elections with blockchainVotes are • secure • transparent • impossible to forge

• Members of a democracy are allowed to vote democratically on budget, implementation, and ideas from the community.

• Members create proposals to define how certain actions are decided and triggered and put them to vote.

• Members must reach a consensus based on the democracy’s Quorum voting percentage. They may be of different opinions, but ultimately have to agree on a consensus to determine the state of the blockchain.

• Proposals can be used to create roles, add members, assign roles and associate grade to build a robust governance structure that ensures key people can instantly execute certain actions in a democracy.

• Autonomy is implemented via eInc Blockchain and its mechanism with no central administrative body.

• By capturing all aspects and processes on the blockchain, transparency is ensured and manipulation is made impossible, at least in theory.

ICO SUMMARY

Timeline ETI mined as Reward Reward per Block0 yrs 4,73,04,000 33 yrs 2,36,52,000 1.56 yrs 1,18,26,000 0.759 yrs 59,13,000 0.37512 yrs 29,56,500 0.187515 yrs 14,78,250 0.0937518 yrs 7,39,125 0.04687521 yrs 3,69,563 0.023437524 yrs 0Total Mineable Coins ~ 9,42,38,438

Coin symbol: ETI Coin sale: 15 July - 25 July 2018 Initial Coin Supply: 997,528,142 ETI Mineable Coins: ~ 94,238,438 ETI Coins for Sale: 450,000,000 ETI

Blockchain: EtherInc BlockchainBlock Time: 6 seconds Reward per Block: 3 ETI

1 ETI = $0.1 USD Soft-cap: $1M USD Hard-cap: $22M USD

Start of Mining Rewards: Tue, 13 Feb 2018 16:21:28+0000End of Mining Rewards: Fri, 07 Feb 2042 16:21:28+0000

Currencies Accepted: BTC, ETH, LTC

How the circulation of mineable coins happens? Starting with 3 ETI as reward per block, supply is cut down by 50% every 3 years.

After 24 years, no more rewards will be distributed and miners will only make revenue through transaction charges.

If we reach the hard-cap before selling the coins, the later stages of the coin sale will be cancelled and the unsold coins will be burnt.

ETHERINC COINOMICSeInc Coinomics

10%

9.78%

10.02%

10.02%

15.04%

45.11%

eInc Coinsale eInc CommunityeInc Startups Strategic PartnershipsEthereum Holders Future Development Fund

Highlights:

• 450 Million ETI coins will be available for sale in the eInc Coin sale.

• 97,528,142 ETI equal to Ethereum’s Initial Supply have been allocated for distribution to Ethereum Holders in 1:1 ratio.

• 100 Million ETI coins have been set aside for EtherInc Startup Fund to support startups that register their organisations on einc.io

• 100 Million ETI coins have be allocated for Strategic Partnerships such as partnership with other Wallet partners to include ETI and other partnerships that help further build and foster the ETI ecosystem.

• A supply of 100 Million ETI coins has been set aside as Future Development Fund of eInc which are locked for the first 2 years and shall be released in equal proportions (33.33% each year) in the years 3, 4 and 5.

• 150 Million ETI coins have been allocated for eInc Community.

ETHERINC COMMUNITY SPLIT COINOMICS

eInc Community Split

20.00%

10.00%

40.00%

5.00%

25.00%

eInc Team eInc AdvisoryeInc Development eInc MarketingeInc Reserve

Highlights:

• A total of 150 Million ETI coins have been allocated for eInc Community.

• 60 Million ETI coins will be used for eInc Product Development.

• 15 Million ETI coins will be used for Marketing and Promotion campaigns such as airdrop, bounty, referral and other campaigns.

• 37.5 Million ETI coins will be used to reward the eInc Team including founders and team members.

• 7.5 Million ETI coins have been set aside to reward the eInc Advisors.

• 30 Million ETI coins have been allocated as eInc Reserve to be used for miscellaneous operations.

eInc Product Development ($10M USD) • EtherInc Blockchain • eInc Marketplace • eInc HR dApp • eInc Payroll dApp • eInc Name Service • UI & UX enhancement for the existing eInc dApp • EtherInc Utility softwares & other developments

FUND ALLOCATION

eInc Research ($4M USD) • Research on DAO and consensus for future

protocol changes • Case studies and market feedback to understand

the future development needs for the platform • Research on different use cases possible with eInc

and publishing the frameworks which organizations can adopt for their implementation

eInc Maintenance/Support ($4M USD) • eInc applications and Marketplace Support • Blockchain maintenance • Servers maintenance and running costs • eInc mining support • Office staff • Compliance team

eInc Marketing ($4M USD) • Online Marketing • Community management • Seminars • Sponsorships for conventions • Educational series in different languages • Continuous media outreach

How we intend to use the funds we raise in Coin sale?

WHY ETI COINS

PARTNERS

AS SEEN ON

ETHERINC FOUNDERS

Anant Mendiratta, CMO

Anant is an entrepreneur and digital marketing pro who has helped companies like Accenture, Saint-Gobain, Vidooly, Ridlr (acquired by Ola), TargetingMantra (acquired by Snapdeal) to grow their digital presence. He started WorkoutTrends.com that went from 0 to 100k users in organic search traffic within 5 months of launch. Recently, he has helped popular crypto startups like VeriME, Budbo and more raise $30M+ through ICOs at JacobiPartners.

Suryansh, a geek at heart, dropped out of college to pursue entrepreneurship. He founded Piplity - one of India's earliest social network which got featured in top national newspapers of India. His other popular products include Pipcity (India's Yelp which grew to a 100+ people team), OBTrack (~ a chrome extension doing 1.5M impressions per month) and Codepanel (a cloud OS for developers) which got the attention of Ycombinator. He is a popular blockchain coder who has helped build the tech behind many blockchain projects.

Suryansh Kumar, CTO

Tarun, a graduate from Melbourne Business School, is a serial entrepreneur who is qualified and highly sought after expert in business strategy and implementing ICT in solving real world problems. He has worked with PwC, SwissRe, Johnson & Johnson, BioGen and other multi-national organizations and startups. Tarun has been exploring the best ways to enable businesses to work together using decentralized ledger systems. Indeed, his entrepreneurship and vision will lead eInc to another level.

Tarun Malik, CEO

ETHERINC ADVISORS

Nikolay ShkilevTop #10 on ICOBench

Tyler SanfordTop #20 on ICOBench

Jatin MalwalForbes 30 under 30

Mofassair HossainTop #20 on ICOBench

Rumen SlavchovTop #20 on ICOBench

MadisonDirector at New Dawn

Fund

Vladimir NikitinTop #1 on ICOBench

Sandeep AmarEx CEO - Indian Express

Digital

API: https://etherinc.github.io/api/

Ropsten Network:

Ropsten Network Stats: https://ropstennetwork.einc.io Ropsten Blockchain Explorer: https://ropstenexplorer.einc.io/home Ropsten EtherInc Organization Explorer: https://ropsten.etherinc.org/

Mainnet:

Mainnet Stats: https://network.einc.ioMainnet Blockchain Explorer: https://explorer.einc.io/home Mainnet EtherInc Organization Explorer: https://etherinc.org/

IMPORTANT LINKS

https://www.facebook.com/eincofficial/

https://twitter.com/eIncHQ

http://t.me/eincHQ

https://www.reddit.com/r/eincofficial/

https://medium.com/einc

https://bitcointalk.org/index.php?topic=3084491

https://community.einc.io

GET IN TOUCH

info@einc.io