Enkidu Offers Blockchain Based Approach To Company Formation

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Enkidu is a blockchain based enterprise that functions like a limited liability company. It is designed to handle edge cases such as dividend policies, ESOP structure and share classes. All such features, as of a limited liability company, exists on this platform, but are all controlled by blockchain technology and smart contract system.

The platform has already hundreds and thousands of users as this platform is collaborating with Truelancer which is an Asian based freelancing platform. It has been formed with the initiative to showcase how a private limited or a limited liability company can be formed and run on the basis of smart contracts and blockchain technology.

Features of Enkidu

This platform offers several features such as:

Forming a company involves long drawn and costly consultation and legal processes involving auditors and corporate lawyers who can be done away with by this smart contract based system.
It offers a combination of technology and legal solutions that can be done through smart contract and would help anyone to set up a business.
Features of this platform include technology and legal solutions for everything that are part of forming a company such as adding new members, raising funds, forming dividend policy, creating the profit sharing structure and so forth.
Enkidu also has a payment gateway that would help to split the payments as per smart contracts formed among the shareholders and other vested parties of the company.
Legal support is provided on this platform by law firms who are partnered with this framework; with a built in system to aid any entrepreneur, it follows a seamless process of following the legalities and steps required to form a company, all instructions and steps being technology oriented.
Necessary compliance standards and rules are enforced by the system to provide users a hassle free guidance and framework to build a company that follows all norms and standards as enforced by smart contract and blockchain technology.

Team of Enkidu

Varun Mayya is CEO of the platform who has also worked in the venture capital field, in his early twenties to help from an online recruitment marketplace called Jobspire. He also helped form Avalon Labs.

He is aided by Shashank Udupa who is COO of the company; he is an investment banker by profession and worked for IIFL. He holds a masters degree in International Management as well as helped to co-found Avalon Labs.

Abhinav Arora is CMO of the platform who has managed millions in ad spend for his previous job stints; he manages a team of marketing and content experts who are Hubspot certified; he has worked with companies like UrbanClap, GlobalBlockchain and others.

These are some of the many professionals who are involved in the working with this company.

Roadmap of Enkidu

The idea of this platform was formed in the third quarter of 2017; by the fourth quarter of 2017 early self funding steps were taken as well as whitepaper released. Token sale was launched in the first quarter of 2018 and product architecture was released in the second quarter of 2018 along with alpha version of the platform. Beta version is set to release along with graduation and investment system by the fourth quarter of 2018.

Token Summary

Symbol: ENK

Standard: Ethereum ERC-20

Soft Cap: $5 million

Hard Cap: $30 million

Total Supply: 1,500,000,000 ENK

Presale will have a hard cap of $5M USD.

Presale Token Terms