The Cloud token
- Based on blockchain Ethereum ERC20 protocol
- Cloud tokens can be bought, sold, exchanged, sent and received freely post ICO closing day on August 25th, 2017
- Tokens purchased, and their daily value will appear in buyers’ account at : token.cloudwith.me
- Cloud tokens can be exchanged post ICO closing day against Bitcoin (BTC), Ethereum (ETH), US Dollar (USD) and Euro at the exchange at token.cloudwith.me
- Cloud tokens can be used immediately at www.cloudwith.me and for a broad range of other uses by any party that will accept Cloud token as a payment method
Our objectives:
- To decentralize the provisioning of cloud services, migrating from a global infrastructure operated by a small group of hyperscale service providers to a blockchain-based peer-to-peer infrastructure operated by millions of small individual providers and contributors of cloud resources.
- To simplify the use of professional cloud services for all levels of web users turning such services into a commodity product universally accessible and utilized by the general public.
- To monetize the new decentralized cloud services ecosystem with a dedicated cryptocurrency governed by a smart contract enabling automated and trusted reconciliation of payments between all peer-to-peer cloud services providers. It is a market estimated to reach $195 billion in 2020 by IDC.
Token explained:
The newly issued Cloud cryptocoin will be used to automatically distribute payments to the GridNode owners and other Crowd Cloud participating parties as well as providing important Grid Admin facilitation such as entity description, performance metrics, etc. The Cloud token is a key component governing the financial ecosystem surrounding the new Crowd Cloud. The Company believes Cloud Token is expected to gain significant liquidity due to its immediate implementation in the Company’s services.
The Crowd cloud:
Anyone will be able to contribute a small part of their redundant
computer resources for the benefit of the crowd cloud (for example,
contributing part of your PC from 1am to 3am at night while it is not
in use) and get paid continuously for their contribution while the PC
is being used for global cloud services.
One can become a provider / contributor by downloading, registering
and activating a GridNode server software to their PC or other
connected device. The rest of the process is fully automated.
The DAP :
The DAP, or Decentralized Application Protocol, is a blockchain application threading layer. Based on the Ethereum infrastructure, the DAP will enable to easily design and launch decentralized peer-to-peer cloud applications such as media services (music & film), social peer-to-peer insurance, decentralized banking, financial services and other applications without limitations or central governance — all monetised by a single uniform currency — the Cloud coin. The protocol will allow seamless setup of self-governing smart contracts for unlimited range of social applications.
Roadmap :
Founders :
Cloudwith.me was founded by Asaf Zamir and Gilad Somjen
in Dublin Ireland.
Asaf started programming at six years old. As a young founder
under the age of thirty, he has dedicated his life to innovation
in technology and systems architecture. He won a Google grant
for innovation for creating a big data aggregation system. He
also built a large-scale system, which services over 5 million
Monthly Active Users (MAUs) for media companies in the
U.S., led a B2C development project for Switzerland’s largest
retailer, and built out the app infrastructure for Germany’s top
news agency.
Gilad is an online marketing expert, serial entrepreneur and
tech investor. He has over 12 years of experience in global
business development, internet ventures and online marketing.
Early funding was via bootstrap of the founders, family and
friends.
For complete information, please refer to the “Cloud ICO Whitepaper” document available for download and review
