ELLCRYS — project overview

4 min readJul 10, 2019

Good day, dear readers. Today, I will present to your attention the project ELLCRYS.

Introduction

Ellcrys is a block that allows people from different parts of the world to develop online programs with open source code that belong to society and democratic organizations. Ellcrys organizations will be able to develop their own personal abilities, take on a role in shaping the conclusions, receive incentives for their own contribution and buy weight on-line.

Literally, any two-faced businessman who subsequently started his own business does not stand up and does not have the ability to support regular work in the direction of the first 2 years and gives up, due to the fact that he is afraid to take risks, due to the fact that an agreement with most partners happens sometimes in words and occasionally documents, and they are not always and sometimes save, when it is possible to stumble upon crooks or elementary careless artists. Not enough who is interested in the development of a business of another person, but every time he will be happy to get a benefit.

And as a consequence of this, of course, in fact, almost all ideas that are promising and necessary for the world’s population do not have elementary chances to be sold, or do not receive the necessary economic assistance or not bad experts in the team who are ready to try to raise the plan each time. This problem is quite topical in real time and urgently asks for immediate conclusions for the entire market.

The problem

Organizational accounts from existing web-service providers limit access to object 1 for the host, which actually guarantees unlimited access for adding and deleting users and managing the account and all resources.
We see it in other services, such as Github, Stripe, Heroku, and hundreds more thousand. In the future, this accounting model or organizational structure will not be viable.
Decentralized organizations, in which there is not a single owner, no leader, no trust, no headquarters.

This is the basic problem that needs to be solved, before that the Online will become possible to implement in a decentralized and effort-focused manner.

Decision

Ellcrys is a sincere and cheap protocol based on the blockchain technology, which allows users and organizations to make decentralized applications, software products and offers, autonomously from their territorial location, to be their owners, benefit from, formulate their ideas and receive remuneration. ,

This ecosystem will certainly help to combine people with joint thoughts, thoughts for the implementation of fresh promising and necessary applications without all sorts of centralized intermediaries and repositories, performing all transactions with the support of wise contracts and, in this way, merits more harmonious development with a synergistic effect!

Wise contracts, in turn, solve the problem of trust between members, reduce the risk of cost of funds, time, goods and provide non-dangerous interaction from within the network for all. All data remains in absolute confidentiality, and the work of any business is colorless and disclosed.

Implementation of tokens and economical project

Ellcrys spent a lot of money on research and development of prototypes for various components. Not least, aids. In order to solve this problem, Ellcrys will hold a number of rounds of the implementation of tokens. During preparatory sales, tokens will be issued in their personal wallet system. Subsequently, the implementation of the leading tokens Ellcrys will release ERC20 tokens, which will be changed to the leading network tokens at launch.

Marketplace

Ellcrys is a space where members of the auction show and sell their own personal products and offers for Ellcrys.
Ignoring the precedent, in fact, that the Ellcrys organizations are decentralized, they still have every chance to conclude contracts for services through procurement intentions approved by the partners.
All operations are performed in the state currency unit.

Some of the low-cost services include, but are not limited to:
- Internet hosting
- Managed data base
- managed sales and marketing
- Company registration
- Human Resource Management.

Conclusion

In conclusion, I am trying to state that this Protocol is indeed capable of carrying out a revolution in the construction of literally flawless companies, where anyone has the opportunity to bring personal contribution to its development and to receive dividends from it.