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Topic: [ANN][ICO] Grain.io • The Backbone Of Modern Work Agreements - page 51. (Read 31002 times)

jr. member
Activity: 224
Merit: 1
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.
newbie
Activity: 126
Merit: 0


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.
full member
Activity: 406
Merit: 109
Okay something with a Real User Case.
Exactly the type of Project I was trying to find.
Team & Community also looks good  Cool
member
Activity: 420
Merit: 10
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.

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?
member
Activity: 238
Merit: 10
For Dutch people interested in Grain.io, here's the Dutch Onepager with the important information about Grain.io: https://www.dropbox.com/s/onpkr8zmettpfmo/Grain%20Onepagera.pdf?dl=0
newbie
Activity: 126
Merit: 0
Grain.io working prototype / blockchain work agreement
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https://youtu.be/X-0m2BGhkFg
sr. member
Activity: 630
Merit: 250
Introducing Grain - The Backbone of Modern Work Agreements. https://www.youtube.com/watch?v=Vm4vYO56-ZY

Grain introduces a better way to process work agreements and pay workers. Grain is a back-office solution that can be integrated by job portals, labor management systems and staffing agencies to process work agreements. These transaction partners create an ecosystem that will spread the benefits of Grain to employers and workers around the world.
newbie
Activity: 126
Merit: 0
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

member
Activity: 238
Merit: 15
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?
As for the exchangers-this is not your personal requirement? They set their own rules, don't they? nobody for example never will ask KYC on decentralized exchanges. But this does not mean that you will not work with decentralized exchanges and those exchanges that do not require me to pass KYC. As an employer or as a hired worker - will I be able to remain anonymous-using your system?


GRAIN's KYC is for the ICO only. Whatever exchange you sign up to use may have KYC to use their exchange.
newbie
Activity: 126
Merit: 0
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.
newbie
Activity: 1
Merit: 0
What happens when, over time, the liquidity insurance wallet's balance drops below the minimum to cover 150% of the required FIAT?
newbie
Activity: 126
Merit: 0
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.
member
Activity: 422
Merit: 11
The Grain presale participation guidelines

As the presale of our GRAIN token is almost off to a start, we’re happy to announce the necessary steps to participate. We’ve been getting a lot of questions from the community on how to participate, so this post should contain all the answers you’re looking for.

https://medium.com/grain-foundation/the-grain-presale-participation-guidelines-7191a7079dde
member
Activity: 238
Merit: 15
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?
newbie
Activity: 126
Merit: 0
newbie
Activity: 126
Merit: 0
US allowed?

It is closed to the US.
If you are an accredited investor you can email [email protected]
full member
Activity: 862
Merit: 100
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.


Thank you for your kind response, I strongly support this project to run successfully in accordance with what is being reviewed
newbie
Activity: 126
Merit: 0
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?
hero member
Activity: 1302
Merit: 508
Leading Crypto Sports Betting & Casino Platform
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?
full member
Activity: 862
Merit: 100
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
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