Crowd Machine Compute Tokens (CMCTs)

Crowd Machine FAQ

UPDATED: 16 January 2018 (originally issued 1 November 2017)

What does the Crowd Machine Compute Token (CMCT) do?

CMCTs are paid by app owners for the usage of their app on the Crowd Computer.

CMCTs reward node operators on the network for contributing computational and storage resources.

CMCTs also reward developers for their Patterns executed on the network by app end-users.

Why would a person want to own CMCT tokens?

Because they want to build apps with the Crowd App Studio and have end-users use their app. You can think of the CMCT token payment as analogous to the fees you would pay Amazon Web Services or Google Cloud.

Is it an ERC20 token?

The CMCT is an ERC20 token.

Is there a maximum supply of CMCTs?

CMCTs will have a fixed supply of two billion (2,000,000,000) tokens and be divisible to 8 decimal places.

For more information visit www.crowdmachine.com