WHAT IS ELLCRYS
Ellcrys is a blockchain that allows people around the world to build open, community-owned software products and democratic internet organizations. People from anywhere can offer their skills to an Ellcrys organization, participate in decision making processes, receive rewards for their contributions and gain the network.
THE PROBLEM
Current web service providers limit organization accounts to only support a single owner who is granted unlimited access to add and remove users and manage the account and all resources. We see this in services like Github, Stripe, Heroku and Thousands more.
This is a fundamental issue that needs to be solved before decentralized, effortcentric
internet organization is possible.
THE SOLUTION
On Ellcrys, a git repository is the center of all collaborative endeavors. It is an organization. By default, it is multiowned, meaning there is no owner, no
leader, no need for trust and no headquarters.
Anyone can fetch its content, push contributions, verify and vote for pull requests and other proposals. A repository can receive payment for service offered or a donation. Contributors can collectively decide on a revenue sharing and management model unique to a repository.
Ellcrys Token Sales and Budget Plan
Researching and developing the ideas above will require money. Although, the current team has given a lot of time and money to research and develop prototypes for various components, we need additional funds to continue. For this purpose, we will host multiple tokens sales. During Pre-Sale, tokens will be issued on our own wallet system. After the primary token sale, we will issue an ERC20 token that will be exchanged for the main network token when it launches. This will be a 1: 1 swap. Here are the token details:
Distribution, Pre-Sale and Token Sale:
The Ellcrys Token Distribution of Two Billion (2,000,000,000) will be sold during Pre-Sale and Token Sale.
Pre-Sale will be available to the public and will last for 8 weeks. It is targeted at early supporters of the Ellcrys project and includes a maximum 30% bonus.
- Pre-Sale Launch Date: February 1, 2018
- Pre-Sales Ends: April 1, 2018
- Duration: 8 weeks
- ELL available: 800,000,000
- Price: $ 0.1 / ELL
Unsold tokens will be available for purchase at the main token sale. The following is bonus structure for Pre-Sale.
- Week 1: 30%
- Week 2: 20%
- Week 3: 10%
- Week 4, 5, 6, 7 and 8: 5%
Token Sale (ICO)
Primary Ellcrys Token sales will occur 6 months after Pre-Sale. Purchases will be including up to 30% bonus.
- Selling Token Launch Date: June 1, 2018
- Pre-Sales Ends: July 1, 2018
- Duration: 4 weeks
- ELL available: 900,000,000
- Price: $ 0.35 / ELL
Unsold tokens will be equally divided into the rewards of mining and universal savings provide. Here is the bonus structure for Token Sale.
- Week 1: 30%
- Week 2: 20%
- Week 3: 10%
- Week 4: 5%
For more information about this project you can see the link below:
Website: https: //ellcrys.co/
Facebook: https: //facebook.com/EllcrysHQ
Telegram: https: //t.me/EllcrysHQ
Twitter: https: //twitter.com/EllcrysHQ
AUTHOR: ALEX789
ETH: 0x5f5f506A001A179b8eE67214a7754Bfe04ffadE0
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