Kamis, 01 Maret 2018

ELLCRYS


Abstract

In this paper, we present Ellcrys, a network for creating and managing an open and decentralized organization composed of globally distributed collaborators who work together to build software products and services. Ellcrys offers a block network that integrates Git [1] to allow collaborators to build software collectively and from anywhere. Anyone can create or join a project, contribute and get compensation from the network with coins.

introduction

Community contracts describe entities that allow one or more collaborators to build open source organizations that offer software products and services such as websites, APIs, smart contracts, packages, frameworks etc. Collaborators push and pull code to and from the network, perform governance functions by creating, approving proposals and receiving compensation from the network.

Ellcrys is on a mission to create an ecosystem where open source collaboration goes beyond contribution during a period of time when collaborators can build an adoptive open source company, enabling them to spend more time building great products and improving openness. sources of ecosystems.

The goal of Ellcrys as a network is not to be another decentralized network with the aim of making centralization irrelevant - Ellcrys is not anti-centralization. Ellcrys utilizes blockchain technology to provide and implement transparency between collaborators, node owners and Ellcrys organizations.

The Ellcrys community needs mechanisms to reach agreement on topics or issues surrounding operations. The model employed by Ellcrys is a Voting Proposal / Approval scheme in which the contributors make a proposal and seek approval from other contributors.

Community contracts that build software products are intended to be hosted on a web hosting platform that supports buildpacks and host hosts Ellcrys.

Host Ellcrys Protocol


Researching and developing the ideas above will require money. Although the current Team has provided much time and money for Prototype research and development for various components, we need additional funding to continue. For this purpose, we will host multiple tokens sales. During Pre-Sale, tokens will be issued on our own wallet system. After the primary token sale, We will issue an ERC20 token that will be exchanged for the primary network token when it launches. This will be a 1: 1 swap. Here are details of distribution tokens, Pre-Sale and Token Sale:

Distribution


A total of Two Billion (2,000,000,000) tokens will be sold during Pre-Sale and Token Sale Events.

Pre-sale

Pre-Sale will be available to the public and will last for 8 weeks. It is targeted at early supporters of the Ellcrys project and includes a maximum 30% bonus.
Pre-Sale Launch Date: February 1, 2018
Pre-Sales Ends: April 1, 2018
Duration: 8 weeks
ELL available: 800,000,000
Price: $ 0.1 / ELL


Unsold tokens will be available for purchase at the main token sale. Here is the bonus structure for Pre-Sale.
Week 1: 30%
Week 2: 20%
Week 3: 10%
Week 4, 5, 6, 7 & 8: 5%
Token Sale (ICO)

The main token sales event will occur 6 months after Pre-Sale. Purchases will include up to 30% bonus.
Selling Token Launch Date: June 1, 2018
Pre-Sales Ends: July 1, 2018
Duration: 4 weeks
ELL available: 900,000,000
Price: $ 0.35 / ELL

The unsold token will be equally divided into the mining reward and the universal savings provide. Here is the bonus structure for Token Sale.
Week 1: 30%
Week 2: 20%
Week 3: 10%
Week 4: 5%

Budget plan budget
Te Ellcrys team plans to spend money from Token sales in the following ways
Product Development and Personnel: 60%: This allocation will be used to recruit top talents in the Silicon Valley region and around the world. Our team currently consists of talented software, mobile developers, user experience / design and personnel management. The addition of new talent will greatly strengthen the team and accelerate product delivery time
Marketing: 20%: Our marketing objective is to cultivate adoption by reaching developers, designers, makers, testers.
Security: 10%: The importance of security can not be overstated. The allocation will lead to hiring and consulting with security experts to investigate our algorithms and system algorithms have also sponsored security bugs / bounties.
Law: 10%: At a time when the legal implications of blockchain technology are unclear, this portion of the budget will be used to hire outside legal counsel to help us fgure out all legality related to Ellcrys.

Team


Kennedy Idialu
Founder & CEO


Odion Olumhense
Founder & COO


Elvis Chidera
Software developers


Usman Amusat
User Design & Experience


Dave Ozoalor
Software developers


Damilare Akinlaja
Software developers


Larry Eliemenye
Software developers



Victor Asemota
Founder and Director of PT SwiftaCorp


Ebot Tabi
Senior Technical Consultant at Andela


Chuka Ofili
Founder and Chief Enterprise Architect at Delevery Science


Emeka Okoye
Senior Web Architect Semantics in Cymantiks


Lanre Oyedotun
Founder / COE at Delivery Science Inc


More information visit the link below:

Website: https://ellcrys.co/
Whitepaper: https://storage.googleapis.com/ellcrys-docs/Ellcrys-Whitepaper.pdf

Ann Thread: https://bitcointalk.org/index.php?topic=2572024.0

Author : doy17
Profile : https://bitcointalk.org/index.php?action=profile;u=1701501
Eth : 0xB17500134c9cECBE14353a5ecb2d860fc840DF24

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