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ETCH

Ended
Ended: Oct 18, 2017
The first evolution in payroll since the Industrial
Website

etch.work

Not Verified

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ICO Details

Ticker Symbol:
ETCH
Platform

Public Crowdsale

Ended
Date Sale:
Sep 18, 2017 — Oct 18, 2017 @ 30 days

ICO Overview

Why Etch? PAYMENT disputes are a common source of construction industry conflict. Disputes can have a ripple impact — increasing costs, delaying completion and reducing profits. Etch solves this problem with "smart contract" blockchain technology and IoT beacons. Etch provides a payment infrastructure that we believe will increase construction industry ef- ficiency, reduce conflicts and increase profits for participants. We begin with a brief discussion of the construction payment process. We then describe how Etch facilitates real-time employee payments based on presence at a job-site. We next describe an industry specific "stable coin" tied to escrowed fiat currency, which allows for real-time payments but minimizes crypto-currency exchange risk. We conclude with a discussion of future plans for performance based construction contract payments.

Team

Joshua Richardson
Engineering
Ben Whyte
Community
Tomasz Mloduchowski
CTO
Denis Lukianov
Engineering
Euros Evans
CEO

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