Topic: [ANN][ICO] Grain.io • The Backbone Of Modern Work Agreements - page 40. (Read 31000 times)
I hope that all employers will want to work on this scheme, otherwise it will not make sense, if the part will do so, and the other part will not.
How are you going to control the volatility of the exchange rate?
Grain has liquidity insurance. This means that if the chosen payment options are Escrow or Currency Option, the volatility factor is removed. In the Escrow option, if when the time for payment has come and the value of GRAIN has decreased, GRAIN from the insurance wallet would be added to the escrow to bring the total amount needing to be paid. If the value has increased, then the extra GRAIN in the escrow is removed and added to the insurance wallet to that the amount paid is still the agreed upon amount. So say you were to be paid 50 grain which at the time was say $1 per grain for a total of $50 but when payment time came and the 50 GRAIN was $0.50 per grain, that would only be $25 so another 50 GRAIN would be subtracted from the insurance wallet and added to the escrow to equal the original $50. However, if say the value of the GRAIN at the time of payment due was $2 per grain, then 25 GRAIN would be subtracted and added to the insurance wallet making the payment 25 grain still equaling $50.
In the Currency option, the employer buys the grain to pay you with after at the time of payment but locks in the exchange rate when the contract is made. When the value of GRAIN has increased then the employer buys the GRAIN from the insurance wallet at the lower rate they locked in at. When the value decreases, the employer just buys the GRAIN at the lower rate with the premium the employer paid to lock the rate in going to the insurance wallet.
How are you going to control the volatility of the exchange rate?
Grain has liquidity insurance. This means that if the chosen payment options are Escrow or Currency Option, the volatility factor is removed. In the Escrow option, if when the time for payment has come and the value of GRAIN has decreased, GRAIN from the insurance wallet would be added to the escrow to bring the total amount needing to be paid. If the value has increased, then the extra GRAIN in the escrow is removed and added to the insurance wallet to that the amount paid is still the agreed upon amount. So say you were to be paid 50 grain which at the time was say $1 per grain for a total of $50 but when payment time came and the 50 GRAIN was $0.50 per grain, that would only be $25 so another 50 GRAIN would be subtracted from the insurance wallet and added to the escrow to equal the original $50. However, if say the value of the GRAIN at the time of payment due was $2 per grain, then 25 GRAIN would be subtracted and added to the insurance wallet making the payment 25 grain still equaling $50.
In the Currency option, the employer buys the grain to pay you with after at the time of payment but locks in the exchange rate when the contract is made. When the value of GRAIN has increased then the employer buys the GRAIN from the insurance wallet at the lower rate they locked in at. When the value decreases, the employer just buys the GRAIN at the lower rate with the premium the employer paid to lock the rate in going to the insurance wallet.
How are you going to control the volatility of the exchange rate?
The volatility of the exchange rate cant be controlled. Because trading on the stock exchange is a constant. Will the data stored in the blockchain have legal force? Will they serve as evidence of an action?
I'm not sure that right away. In addition, need to finalize the system so that no one can delete and change this data. I think everything will be fine, but not immediately Will the data stored in the blockchain have legal force? Will they serve as evidence of an action?
Well, it was made for this. So that in case of an unpleasant situation, you could see who and when did something.
Will the data stored in the blockchain have legal force? Will they serve as evidence of an action?
How are you going to control the volatility of the exchange rate?
I think information about the transaction will be stored in the blockchain, and the difference in the course will be compiledHow are you going to control the volatility of the exchange rate?
I think information about the transaction will be stored in the blockchain, and the difference in the course will be compiledHow are you going to control the volatility of the exchange rate?
I think information about the transaction will be stored in the blockchain, and the difference in the course will be compiledHow are you going to control the volatility of the exchange rate?
I think information about the transaction will be stored in the blockchain, and the difference in the course will be compiled
How are you going to control the volatility of the exchange rate?
Check out the full Grain.io rating report by ICORating:
https://icorating.com/upload/rating/iy74qaveEwbq4g4pMXMmZONlk1tm60EjBzyaaZON.pdf
https://icorating.com/upload/rating/iy74qaveEwbq4g4pMXMmZONlk1tm60EjBzyaaZON.pdf
And why is the date of sales still unknown? Do you have any problems?
Maybe they are doing some preparatory work? And they can't start selling yet?The main reason for postponing the ICO is because right now the marker is in big fluctuation and they are getting very less compared to previous prices of ETH and BTC. May within 2 weeks the price of coins will start recovering.
None of the above. As stated at the time it happened, regulations changed on ICO in the host country, during the pre-sale. This was explained in a blog post Feb 27 here: https://medium.com/@grain_io/ico-postponed-to-comply-with-regulations-e9fb49990cee
There is a new post today on this very subject, as well:
https://medium.com/@grain_io/the-aftermath-of-postponing-our-ico-51b47a9a3c75
There is a new post today on this very subject, as well:
https://medium.com/@grain_io/the-aftermath-of-postponing-our-ico-51b47a9a3c75
And why is the date of sales still unknown? Do you have any problems?
Maybe they are doing some preparatory work? And they can't start selling yet?The main reason for postponing the ICO is because right now the marker is in big fluctuation and they are getting very less compared to previous prices of ETH and BTC. May within 2 weeks the price of coins will start recovering.
At what point is a soft cap installed?
ICO soft cap - 4000 ETHICO hard cap - 40000 ETH
A soft cap hasnt been collected yet, but I think they will collect it on a public sale. But I'm not sure about the hard cap.
At what point is a soft cap installed?
ICO soft cap - 4000 ETHICO hard cap - 40000 ETH
A soft cap hasnt been collected yet, but I think they will collect it on a public sale. But I'm not sure about the hard cap.
At what point is a soft cap installed?
And why is the date of sales still unknown? Do you have any problems?
Maybe they are doing some preparatory work? And they can't start selling yet?None of the above. As stated at the time it happened, regulations changed on ICO in the host country, during the pre-sale. This was explained in a blog post Feb 27 here: https://medium.com/@grain_io/ico-postponed-to-comply-with-regulations-e9fb49990cee
There is a new post today on this very subject, as well:
https://medium.com/@grain_io/the-aftermath-of-postponing-our-ico-51b47a9a3c75
IP and financial responsibility is being taken care of by GRAIN Holding, a Dutch incorporation.
-Chamber of commerce number is KvK 65624661.
After the ICO is complete, GRAIN holding will transfer the IP of Grain to a public foundation (GRAIN Foundation) in Switzerland and will transfer the commercial and development operation to a Swiss incorporation, GRAIN AG.
And why is the date of sales still unknown? Do you have any problems?
Maybe they are doing some preparatory work? And they can't start selling yet?None of the above. As stated at the time it happened, regulations changed on ICO in the host country, during the pre-sale. This was explained in a blog post Feb 27 here: https://medium.com/@grain_io/ico-postponed-to-comply-with-regulations-e9fb49990cee
There is a new post today on this very subject, as well:
https://medium.com/@grain_io/the-aftermath-of-postponing-our-ico-51b47a9a3c75
IP and financial responsibility is being taken care of by GRAIN Holding, a Dutch incorporation.
-Chamber of commerce number is KvK 65624661.
After the ICO is complete, GRAIN holding will transfer the IP of Grain to a public foundation (GRAIN Foundation) in Switzerland and will transfer the commercial and development operation to a Swiss incorporation, GRAIN AG.
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