THE BLOCKCHAIN FOR RELIABLE AND OPEN SOURCE SOFTWARE PRODUCTS
ELLCRYS PROJECT
We all know that the software owned by companies are made to generate huge profits but they cannot grow as an open source software. The community as a whole brings a diverse range of capability to the product which is not possible in the proprietary software. Community-based platforms have found immense popularity among people, and developers who are able to design their own thoughts using open source software. But major problems such as limited ownership in the organization accounts tends to creates a centralized system giving power into the few hands. Its more like service providers providing all the benefits to a single owner only. They are granted all the powers and unlimited access to manage the resources as well as to add and subtract the individuals who are part of the network.
ELLCRYS has managed to develop a platform where everyone is a leader and can work independently within a team. It allows a trust- less and leaderless software collaboration. Everyone can contribute and fetch information from the repository. The platform can be utilised for a variety of purposes, such as decentralised git hosting and software outsourcing.The scope of the innovation is considerably reduced in an environment like this, which is not sustainable for the future of open source software.
Features of this project
- Decentralized Hosting Git: This platform can be used as a system to manage software versions. At the same time, decentralised management must be present in it. In the future, the company plans to host a repository of decentralized companies and protocols, such as ether or bitcoin, on its platform.
2.Outsourcing software: On this platform, software developers will be able to present their software to the public. At the same time with open source. This will allow millions of developers from all over the world to participate in the drafting of the project. But, at the same time, the creator of this miracle has the right to retain the copyright of his software. In addition, in the future they will be able to set a price for it. In addition, some developers will be able to perform certain tasks and receive payments for it.
Decentralised autonomous organisations: Communities can create decentralized organizations throughout the Git repository. These organizations will be able to work with mobile applications, web versions, smart contracts, libraries, etc. Decisions will be made as follows: the draft is initially proposed, and then voting continues. And it is in this vote that a decision will be taken.
Product paid with open source: By promoting their offspring with open source. Developers can set prices for it, which people will have to pay for using this product. In addition, developers can receive rewards for their work on software improvements.
About Token sale and distribution
Token Name: Ell
Symbol: ELL
Decimal: 8
Tokens available for sale: 2 000 000 000 000 (2 Billion)
Token Type: ERC20 (to be replaced by the main net equivalent)
SALE
(Round 1): The first round is the private sale. Only early supporters are allowed. Admission is on a case-by-case basis. The tokens purchased during this round will have a 12-month period starting immediately after the first trading list of ELL tokens.
Available cards: 300,000,000,000 -
Price: $ 0,05
Starter bonus: 10%.
Start date: 24 December 2017
End date: 24 January 2018
Tokens not sold in this round will be added to the ICO supply. The minimum contribution is 0.2 ETH or 0.007 BTC.
Presale (Round 2): We consider that presale is equivalent to a round of seeds. The purpose of this round is to provide us with the resources to better structure Ellcrys as a Public Benefit Corporation, hire additional talent, continue development, cultivate relationships with major exchanges in preparation for the distribution of tokens after ICO and enter into partnership with relevant supporters around the world.
Available cards:
800,000,000 — Price: $ 0.01
Starter bonus: 30%.
Start date: 1 February 2018
End date: 1 April 2018
Distribution date: 2 weeks after ICOICO (Round 3): At this point, we hope to be close to launching a beta client version of Ellcrys. We will expand the equipment to help build a cloud-based hosting service for source-level CAD. Massive marketing and sponsorship campaigns will be launched with other measures to launch and encourage the Ellcrys ecosystem.
Available chips: 900,000,000,000[+ any unsold tokens in the previous round]
Price: $ 0.35
Start date: 1 June 2018 — End date: 1 July 2018
Distribution date: 2 weeks after ICO! There is a registration bonus! Go Sign up now!
To know more about this project, visit:
Website: https://ellcrys.co/
Whitepaper: https://storage.googleapis.com/ellcrys-docs/Ellcrys-Whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=2572024.0
Facebook: https://www.facebook.com/EllcrysHQ
Twitter: https://twitter.com/EllcrysHQ
Telegram: https://twitter.com/EllcrysHQ
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1048662