When we talk of the open source world, the numerous enticing advantages come along with for free. When the developers develop their OSS and take a look at their code, the whole process seems very interesting and collaborative.
Most of the times all that the different companies look for are their benefit. With OSS, nothing stays limited. Well, for the same, here is ellcrys which provides the facility to the developers and programmers to build their own software using their own thoughts.
Ellcrys believes in sharing power with everyone who is a part of the network. Contribution and working collaboratively remain the main aim whatsoever.
The good thing is that it is accessible to individuals looking to work in an incorporated way and they can put their efforts and show their skills in the upliftment of the organization. They will also have the right to pitch in their ideas and be a part of the decision making process. This will benefit them in earning more and more rewards from the platform in exchange for their contribution and to build their reputation as long as they are a part of the platform.
The Problem + The Solution
When we shift our focus to the present situation, today, the service providers provide all the benefits to a single owner only. They are granted all the powers and unlimited access to manage the resources as well as to add and subtract the individuals who are part of the network.
If this continues to happen, there is hardly any chance for these organizations to even think of getting decentralized in future because we already know that there is no head representative in a decentralized system.
The Solution that ellcrys looks to bring in is to serve as a central hub that will take care of all those who are a part of the platform. The good part is that there will be no head, no trust, no leader, no owner nothing.
Things will be flexible for one and all and anyone can fetch their contents or contribute to the network. Verification, pulling off requests becomes quite an easy job too.
Advantages
· The users will have all the power to create things that will benefit them. They can even create git repo for their work.
· After the pull requests are sent and it is accepted on the other side, they will be served with rewards for collaboration.
· The maintainers can use the different forms of revenue models with the help of which the developers can also work on their tasks and issues.
· Ellcrys does the needful and makes sure to wipe off ownership and governance. This is so because, previously, the assembly had an entire control over the decisions that are to be made in a project. With ellcrys, this problem is taken care in an efficient manner.
The Token Sale
The platform of ellcrys is more or less like the Ethereum network. It also requires a digital asset to work further as a medium of exchange and to keep the network totally secure.
The token symbol is — ell.
The pre-sale is likely to begin from 8th February 2018 and the participants will be provided with a total bonus of up to 35%. The total supply of tokens in the sale corresponds to 800,000,000 and the 1 ell will be equivalent to $0.08.
The tokens raised during the sale will be used for multiple purposes which are:
1. Peer-to-Peer Transactions
2. Push Fees
3. For paid branches, there will be Fetch Fee.
4. The Marketplace transactions
5. The Network Consensus Stake.
The Final Verdict
Getting everything at one place sounds good and ellcrys takes good care of the fact and helps the individuals with it. By providing us with a decentralized network, things become quite easy and convenient for the users who have to rely on separate branches for their needs to fulfil. Well, at the end if you are more into a contribution to open source and looking forward to work on it without any hassle, then Ellecrys is just the right place for your investment.
Important links:
Website: https://ellcrys.co/
Whitepaper: https://storage.googleapis.com/ellcrys-docs/Ellcrys-Whitepaper.pdf
Published By: Kishan748
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561
