Building the Crowd Cloud
Cloud Token is not just any ICO. Founders Asaf Zamir and Gilad Somjen are revolutionising cloud services by building the Crowd Cloud.
Monetized by Ethereum based Cloud Tokens, the Crowd Cloud will enable anyone to donate their unused computing power and earn a continuous income. Any device that connects to the internet can be used…
Computers, laptops, and smartphones, and even IoT devices like washing machines!
By decentralising cloud services, millions of people around the world will be able to access professional cloud services at a fraction of the cost.
“The goal is to create a decentralized peer-to-peer cloud-based ecosystem that will enable millions of people globally share, operate and get the financial benefits from any cloud service and application directly between them in a trusted and efficient manner; from music to social insurance and investment services, in a wholly secure and private environment. We call it the Crowd Cloud.” – Asaf Zamir, Co Founder and CTO
This ICO is unlike any other. There’s no waiting period; tokens can be be used as soon as the ICO ends. AWS and Azure cloud services can be purchased with a 50% cost reduction. They can also be bought, sold, and exchanged for other currencies (Bitcoin, Ether, USD) within the Cloud Wallet.
Not just for the cryptocurrency community
Cloud Token is the first ICO allowing purchases with credit card and wire payments (not just Bitcoin and Ether). Tokens can’t be mined, and token amount will not increase post ICO. Any tokens owned by employees and management are locked for a 12 month period after the ICO closes, demonstrating full investment to the project.
Early buy in is recommended
The ICO ends on the August 25th, 2017, with pre order bonuses available. With an immediate 50% reduction on AWS and Azure services, tokens will be in demand after the ICO ends.
The company seeks to raise up to USD 300 million for the execution on its business plan. The use of proceeds will be predominately for the global deployment of the Grid Node global infrastructure (see Whitepaper sections “Use of Proceeds” and model shown in “Grid growth expectations”).
With Vitalik Buterin (creator of Ethereum) providing support on Twitter, this is definitely an ICO to watch. You can stay up to date with the Cloud Token journey with Asaf’s vlog, and other social media channels.