[ICO] CROWD MACHINE

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#4593

09 Jan 2018, 21:54

Here is the next ICO on which I think I invest some coins

Crowd Machine


Crowd Machine — A Distributed Network for Faster, Simpler App Development
BLOG : If blockchain technology is to underpin the architecture of the new decentralized internet, how many apps must be built to replace the ones in use today ?

Even with the steady flow of hype and hyperbole about anything crypto-related right now, it’s hard to overemphasise the effect that blockchain technology will have on almost every part of the internet.

Instead of getting wrapped up in the headlines though, it’s worth considering whether the industry is really on an unstoppable growth curve. Because, from the inside, it seems like there’s a lot of talk about potential but a lack of awareness of some major gaps that could derail our journey to this future state.

Developer skills do not match demand
If blockchain technology is to underpin the architecture of the new decentralized internet as is expected, just think how many apps will need to be built to replace the ones in use today. And that doesn’t even take into account the raft of potential new ones.

The current pool of highly skilled developers able to develop apps that take advantage of distributed ledger technologies is far too small to service demand.

The US government predicts that the software development workforce will grow by 22% over the next ten years. However that is unlikely to be enough to serve the range of complementary technologies that are emerging at the moment.

A report from VisionMobile estimates that the 300,000 developers contributing to the area of Internet of Thing (IoT) apps in 2014 needs to grow to nearly 4.5 million developers by 2020. When you consider this pressure alongside the parallel demand from Blockchain and Artificial Intelligence (AI), the problem could grow to epic proportions.

Either a huge number of highly skilled developers need to be trained up to deal with it or solutions that make it easier to create and manage apps need to be widely adopted soon.

Compute power is underutilised
While there aren’t enough skilled app developers to go around, there’s plenty of underutilized processing capacity. The problem here is that it isn’t unified.

The largest cloud providers can make their existing services available because of their massive infrastructure. However, it is essentially siloed, centralized data storage with limited deployment in markets that do not provide a healthy return on investment.

A network that could connect underutilized capacity, while also providing device owners with an opportunity to be paid for their involvement, could form the sort of decentralized cloud that is needed to fuel app development.

A decentralised app execution engine
Crowd Machine is the only distributed network technology that enables the creation and management of apps. It tackles the twin problems of app development shortages and the underutilisation of surplus device processor capacity.

Not only will it accelerate the creation of apps and the adoption of blockchain networks, it will also reward developers’ code contributions and usher in market ready applications that can disrupt the dominance of centralized infrastructure companies.

Crowd Machine is blockchain agnostic, so app developers are not constrained by the functional limits of a particular chain. Instead, they’ll be able to create an app using the Crowd Machine platform and deploy it to any chain they choose, as well as integrating with and adding to existing smart contracts if desired.

Crowd Machine’s key components
The Crowd Machine platform consists of three key components, which can be utilised by everyone from startups to large enterprises wanting to quickly and easily launch apps.

Crowd Machine’s App Studio makes it significantly faster and cheaper to build traditional and blockchain apps for anyone that understands logic and rule-based processes. We have seen how low code and no code solutions have gained traction in Cloud markets and App Studio can be used in the same way by non-technical staff, without writing code. Furthermore, onboarding and training can happen quickly and lead to an explosion in new apps.

Crowd Computer is a powerful peer-to-peer computational network that leverages underutilized device memory and processor capacity to power apps. It works with the Crowd App Studio to make it possible for anyone to create decentralized apps up to 45x faster than traditional methods. Device owners can join the network of Crowd Virtual Machines (CVM) and be compensated for the use of surplus processing power.

Crowd Share is a Git-hub like code repository that allows developers to contribute code that developers and App Studio users can use in their own apps. It provides an opportunity for them to monetize their Intellectual Property on an ongoing basis and will help accelerate the creation of apps.

Monetisation based on app execution
We will make the App Studio and Crowd Share free to access to help build the Crowd Machine Community (CMC) and keep the emphasis of monetization on app execution. Payments are made for the compute resource required to execute apps, providing an incentive for device owners to join the CVM and make surplus processing power available.

Developers will also be compensated when their code, which has been made available in the Crowd Share repository, is utilised in production.

Roadmap and token sale
The Crowd Machine platform has already seen early adoption from Fortune 500 companies, with a roadmap of development scheduled for throughout 2018. Our aim is to release the App Studio, Crowd Share and Crown Virtual Machine to public beta in January 2018, with the Crowd Computer public beta release taking place in May.



White Paper


Interview of CEO : Craig SPROULE



So if you can give me your opinion on this project.
Thank you in advance.


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#6128

13 Jan 2018, 21:51

Nobody is interested in this project.
You think he is not good ?
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#6156

13 Jan 2018, 22:39

I have a vague understanding of the concept but the whole idea is very jargon heavy, at least to me, someone brand new to some of these terms. I do grasp the problems you described and what I envisioned was a similar implementation to what's been done in the manufacturing industry. We built machines to build products for us to meet demand. In that same spirit, (I may be speaking quite ignorantly here) couldn't we combine the concept of blockchain technology with the concept of algorithms to "mass produce" and automate app development? I mean, if apps are created entirely by code and code correlates directly to specific features or functionality, then cant all the necessary code be passed piece by piece through a peer to peer network that explores various outcomes (app creation) based on patterns of current demand? I'm sure the peer to peer network could have a set of rules coded in that guide this mechanism. Well, actually I don't really know anything except that the concept solves the issue in my head.

This may be what your crowd machine actually does already and if so then I apologized that your description was over my head.
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#6968

17 Jan 2018, 15:00

Crowd Machine Compute Token (“CMCT”) Sale Summary
Token Sale Particulars

San Jose, United States — 14 January 2018

The CMCT Sale Opens on 1 April 2018 and Closes on 22 May 2019.

Pre-Sale Period
All CMCT (125 million) allocated for the Pre-Sale Period will be distributed pro rata based on a participant’s contribution to the total ETH paid-in by all participants (private and public).

For example, John contributes 1 ETH. The Total paid-in amount received from all private and public participants is 10 ETH. John receives 12.5 million CMCTs (125m x 1 ETH /10 ETH).

The market will therefore determine the price for CMCT, which equals the total ETH received by all participants divided by the total tokens allocated for the Pre-Sales Period. Public Sale participants that contribute between 1 and 10 April 2018 (inclusive) get 0.5 free tokens per CMCT purchased (or 50% bonus). No bonus tokens will be distributed for subsequent sale periods.

Pre-Sale KYC/AML and Audit Period
There will be no sales from 21 April to 27 April 2018 in order to manage KYC/AML and an AS4400 audit of proceeds. Tokens will be released to Pre-Sales Period participants during this audit period.

Daily Public Sale Periods
There are 390 daily Public Sale Periods of 20 hours starting at 00:00 UTC each day.

Tokens allocated for each daily period are distributed pro rata and are based on a participant’s contribution to the total ETH paid-in by all participants during that period.

Pre-Sale Bonus tokens not claimed are divided equally and added to each daily Public Sale Period.

Participants that have successfully completed their KYC and AML compliance check before the start of a daily Public Sale Period in which they contributed will receive their CMCTs within 4 hours of the close of that period. All other participants must allow up to 7 days to go through the KYC and AML process and receive CMCTs.

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«Je m'appelle Jordan Belfort. L'année de mes 26 ans je me suis fait 49 millions de dollars.
Ce qui m'a carrément fait chier c'est qu'à 3 millions près, ça aurait fait 1 million par semaine.»

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#28046

14 Mar 2018, 13:42

More support for this beautiful project

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«Je m'appelle Jordan Belfort. L'année de mes 26 ans je me suis fait 49 millions de dollars.
Ce qui m'a carrément fait chier c'est qu'à 3 millions près, ça aurait fait 1 million par semaine.»

Le Loup de Wall Street.
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#34382

31 Mar 2018, 17:50

wow thats looking good .. thanks for sharing .. kep it up .:)

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