Greetings to all and investors and amateurs of crypto currency, wherever you are, whether you guys are always healthy. This time I will explain the new Ellcrys tablet, released by Prushahan.
About Ellcryz
Ellcryz present a network for creating and managing open, decentralized organizations comprised of globally distributed collaborators working together to build software products and services. Ellcryz offers a blockchain network that integrates Git.
We refer to this organization as a community contract. A community contract is composed of an address for sending and receiving payments and transactions, a git repository for version control and collaboration, a proposal and voting system for approving predefined actions put forward by collaborators and a task-based system for distributing work and receiving contributions.
Ellcrys aims to allow the use of modern languages such as Javascript, Go, Ruby & Python for writing smart contracts. Contracts are executed in an isolated environment with a capped execution time — This means contracts are expected to produce an output before the execution time elapses or risk forced termination.
Ellcrys goal as a network is not to become another decentralized network with the purpose of making centralisation irrelevant — Ellcrys is not anti-centralisation. Ellcrys leverages on blockchain technology to provide and enforce transparency between collaborators, node owners and the Ellcrys organization. Contributors can collaborate to build products meant for centralized systems or ones meant to be executed decentrally.
How Ellcrys Works
What is a community contract?
Community contracts describe organizations that allow one or more employees to create open source organizations that offer software products and services, such as websites, APIs, intellectual contracts, packages, frameworks, and so on. Collaborators cause and output codes to and from the network, performing management functions, creating, approving offers and receiving compensation from the network. Community contracts can be deployed on a centralized cloud hosting platform if the web services application is either compiled and downloaded on the network as a smart contract for transaction processing.
Roadmap
Token Sale & Budget Plan
Researching and developing the ideas above will require money. To this project, we will be hosting several token sale rounds. During the Pre-Sale, tokens will be issued on our own wallet system. After the main token sale, We will issue ERC20 tokens which will be swapped for the main network tokens when it is launched. This will be a 1:1 swap.
Budget plan
- Product Development and Personnel: 60%
- Marketing: 20%
- Security: 10%
- Law: 10%
Pre-Sale
Te Pre-Sale will be available to the public and will last for 8 weeks. It is targeted at early backers of the Ellcrys projects and includes a maximum of 30% bonus.
- Pre-Sale Launch Date: February 1st, 2018
- Pre-Sale Ends: April 1st, 2018
- Duration: 8 Weeks
- ELL available: 800,000,000
- Price: $0.1 / ELL
Tokens not sold will be available for purchase in the main token sale. Below is the bonus structure for the 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.
- Token Sale Launch Date: June 1, 2018
- Pre-Sales Ends: July 1, 2018
- Duration: 4 weeks
- ELL available: 900,000,000
- Price: $ 0.35 / ELL
Unsold tokens will be equally divided into supply offerings for universal and mining deposits. Here is the bonus structure for Token Sale.
- Week 1: 30%
- Week 2: 20%
- Week 3: 10%
- Week 4: 5%
Detail Information :
WEBSITE : https://ellcrys.co/
WHITEPAPER: https://storage.googleapis.com/ellcrys-docs/Ellcrys-Whitepaper.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=2572024.0
TELEGRAM : https://t.me/EllcrysHQ
FACEBOOK : https://www.facebook.com/EllcrysHQ
TWITTER : https://twitter.com/EllcrysHQ
BITCOINTALK PROFILE : https://bitcointalk.org/index.php?action=profile;u=1640802