The 4th Pillar is a platform that offers free choice and has complete control over the financial crypto savings to people, by passing through the phase of intermediary costs. But at the same time solving the problem of workers’ digital identity and distribution of personal documentation (ie employment contracts, paychecks, attachments, work history, medical reports, performance reports, employment history reports). The 4th Pillar platform will enable organizations to transfer digital values directly, cutting intermediate costs.
The 4th Pillar revenue model:
The business concept of Pillar 4 is based on the following revenue channels:
- The 4th Pillar Organization obtains gas costs from FOUR Token blockchain transactions
- The 4th Pillar Organization sells FOUR Tokens to organizations for employee rewards and gas money
- The 4th Pillar Organization sells platform subscriptions to organizations, recruiters and Human Resources agents.
Long-term token value
The 4th Pillar is a very interesting and built-in description to provide a safe environment for the management and saving of personal data. FOUR (4th Pill utility token) will be made at a price of 0.1 €. The total number of outgoing FOURs will be set in a smart contract that is created and can not be replaced, therefore inflation can not occur. FOUR tokens are an important part of the platform, Because the platform will scale and expand, the token utility will become increasingly important;
- when performing platform transactions, FOUR is required for gas money
- when transferring tokens to employees, and
- when charging pro subscription to recruiters required as many tokens.
Bank Pillar 4th
The 4th Pillar Bank will receive 152,000,000 FOUR tokens when the token-making event will take place. The 4th Pillar Bank will be the site of the fourth Pillar ecosystem, valuable and necessary for system operation, capable of performing local or international crypto payments.
The main functions of the bank are:
- Valuable and required for system operation, can make local or international crypto payments then organize and balance FOUR economic tokens.
- B to B FOUR token sales (market price). Since most of our clients are ordinary companies that are not knowledgeable and active in the crypto world, it is important that we have the possibility of selling FOUR tokens directly within EURO, naturally at market prices.
- FOUR global token B & C community loyalty stimulation program management.
- FOUR global token B & C user community new management program
- The 4th pillar of management reserves cryptococcal management
- To provide cheaper loans with FOUR tokens in the future
- To provide financing for the organization if needed.
4th Pillar bank specification:
- Capital: 152.000.000 FOUR
- Region: International
- Legal entity: The 4th Pillar ltd
- Management: bank CEO and management board will be selected after TGE process.
Benefits for individuals are:
- The system of payment of prizes and savings in various places quickly, safely,
- Have full control over their FOUR funds, wallets, and professional identity
- Decentralization is likely to be a long-term savings
- Possible trade
- Save storage and controls for job related documents such as pay slips, education and training certificates
- Possible to be recruited or hunted by other HR agents or employers in the future due to non-discriminatory work performance.
The benefits to the organization are:
- Fast, secure, and equitable reward system for four pillars for employees
- Significant cost reductions when it comes to transboundary fund transfers
- Automatically verified non-discriminatory evaluation system with the possibility to check employee performance over the years, which became a key tool for Management (the basis for annual bonus bonuses)
- Recruitment of employees
TOKEN DETAILS
TGE event: CROWDSALE start day
Token name: FOURTH PILLAR UTILITY TOKEN
Token symbol: FOUR
Blockchain: Ethereum
Maximum number of FOUR tokens issued: 400.000.000 (100%)
FOUR tokens distributed in public sale: 152.000.000 (38%)
Decimals: 18
Initial value: 0.10 €
Token standard: ERC-20.
PUBLIC SALE DETAILS
EARLY CONTRIBUTION start date 20.1.2018 (minimum contribution per KYC 20 ETH, maximum contribution per KYC 100 ETH) — whitelist approach with 50% bonus.
PRE-SALE contribution start date March 2018 (minimum contribution per KYC 5 ETH, maximum contribution per KYC 100 ETH) — whitelist approach with 30% bonus.
CROWDSALE event April 2018 whitelist approach
Token distribution: start on CROWDSALE April 2018 and continuously during CROWDSALE phase.
ETH/EUR exchange rate will be locked as per crowdsale start day at 14:00 (UTC+1).
Preferred wallet and ETH address: My Ether Wallet.
SOFT CAP: 2.000.000 € (If SOFT or higher CAP is reached, complete plan will be executed on the SE European market).
HARD CAP: 12.000.000 € (If HARD CAP is reached, complete plan will be executed on the European market).
For more information, please visit:
Website: https://www.the4thpillar.io/
Whitepaper : http://the4thpillar.io/documents/whitepaper.pdf
Facebook : https://www.facebook.com/The4thPillarLtd/
Twitter : https://twitter.com/the4thpillarltd
Telegram : https://t.me/joinchat/Hv2QVBEi2yIsGK62l9szpw
Bounty : https://bountyhive.io/join/4th%20Pillar
Author: JigaMola
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143