Based in Australia, EtherInc is a Dapps (decentralized applications) development platform. It is an Ethereum fork project that enables users to create and run decentralized applications based on cryptographic proof instead of trust or intermediaries. Their goal is to replace traditional companies with the eInc organizations.
ETI coins are the fuel of EtherInc blockchain, just like Ethereum has ETH coins as a fuel in Ethereum blockchain. They can be used to deploy decentralized applications on EtherInc blockchain and to vote on proposals for EtherInc organization.
EtherInc ICO began on June 25th, 2018. The ICO token supply represents 45.11% of the total token supply, so there is a total of 450,000,000 ETI tokens available, for 0.10 USD each. The ICO funding target is 1,000,000 USD, the funding cap is 22,000,000 USD and is expected to end on July 25th, 2018 or when the funding cap is reached.
Token Reserve Split (54.89%):
The EtherInc ICO features bonuses, and the ETI token will be mineable.