Announcing ALLY’s Proprietary Incentivization Layer

Ally
ALLY Blog
Published in
2 min readMay 27, 2020

At the core of ALLY, we have designed an incentivization layer that enables rewards for community members to benefit from decentralized storage necessities on the network.

What is ALLY’s Incentivization Layer?

ALLY’s novel and proprietary incentivization layer will put users first by enabling our community’s stakeholders to participate in economic opportunities and earn token rewards as a result of their support for the network. ALLY will eventually exist as a standalone chain in order to better accommodate other projects that choose to leverage ALLY’s technology to build on top of.

Our ALY token makes all of this happen by implementing a mechanism into the network to encourage user activity and the scaling of future dApps on the network. Possible use cases for ALY token include a marketplace for decentralized storage on the network and many more practical applications.

What can ALLY’s Incentivization Layer be used for?

We’ve developed an ecosystem that delivers a unique incentivization layer that can scale to any blockchain privacy for communication as well as fast and secure financial transactions, designed on a Proof of Authority (PoA) consensus model and offer unique decentralized storage. The ALLY dApp was created because of the need to enable users to take back control of their online data and restore privacy to their digital lives.

ALLY’s incentivization layer will be instrumental in attracting new projects to the ecosystem, enabling them to scale faster and improving the overall project diversity of the network.

Ally is employing a novel approach to user identity management in blockchain services. We implement identity-based end-to-end security which extends from the blockchain client to the blockchain fabric. This approach allows for identity-based network segmentation and traffic separation, which enables multiple users to securely share the same blockchain infrastructure, reduces the risk of DDoS attacks, and enables automated regulatory compliance audits. Using Skrumble Network’s decentralized infrastructure, Ally is also able to offer users distributed storage for chats and media, sliced and spread out across the vast network.

With Ally’s incentive layer, this will enable fast and secure transactions while keeping everyone in the community in control of their data and storage. The incentive layer also empowers our community to be part of the ecosystem as Ally continues to grow.

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Ally
ALLY Blog

Decentralized crypto and communication ecosystem powered by blockchain technology. Make crypto mainstream and communicate worry-free.