Abstract
In this paper, we present Ellcrys, a network for creating and managing an open and decentralized organization composed of globally distributed collaborators working together to build software products and services. Ellcrys offers a block network that integrates Git [1] to allow collaborators to build software collectively and from anywhere. Anyone can create or join a project, contribute and get compensation from the network with coins.
introduction
Community contracts describe entities that allow one or more collaborators to build open source organizations that offer software products and services such as websites, APIs, smart contracts, packages, frameworks etc. Collaborators push and pull codes to and from the network, performing governance functions by creating, approving proposals and receiving compensation from the network.
Ellcrys is on a mission to create an ecosystem where open source collaboration goes beyond contribution during a free period or leisure time where collaborators can build an adoptive open source company, enabling them to spend more time building great products and improving openness.
sources of ecosystems
The goal of Ellcrys as a network is not to become another decentralized network with the aim of making centralization irrelevant - Ellcrys is not anti-centralization. Ellcrys utilizes blockchain technology to provide and implement transparency between collaborators, node owners and Ellcrys organizations.
The Ellcrys community needs mechanisms to reach agreement on topics or issues surrounding operations. The model employed by Ellcrys is the Voting Proposal / Approval scheme in which the contributors make a proposal and seek approval from other contributors.
Community contracts that build software products intended to be accessed from browsers or web services can implement and structure their projects to be compiled and run by a centralized cloud hosting platform that supports buildpacks and host hosts Ellcrys.
How Ellcrys Works
Community contracts describe entities that allow one or more collaborators to build open source organizations that offer software products and services such as websites, APIs, smart contracts, packages, frameworks etc. Collaborators push and pull codes to and from the network, performing governance functions by creating, approving proposals and receiving compensation from the network. Community contracts can be deployed to a centralized cloud hosting platform if the web / service application or is compiled and loaded on the network as a smart contract to process transactions.
The importance of Ellcrys
Ellcrys' mission is to create an ecosystem where open source collaboration goes beyond contributions during a free period or leisure time where collaborators can build an adoptive open source company, enabling them to spend more time building great products and improving openness. ecosystem resources We believe that collaborators should be able to work on open source projects in full time, earn and live comfortably. To accomplish this, we offer a platform that contributes to nominally valued open resources and contributory models to enable open source contributors to create revenue-generating and sustainable projects. Ecosystems where open sources are acceptable to contributors will ultimately improve the quality of contributions and products.
Host Ellcrys Protocol
With the understanding that organizing community contracts may not be free, Ellcrys Host Protocol provides mechanisms for cloud providers to impose community contracts with the consent of contract collaborators. This protocol will also support subscription based payments. It builds on a collaborative agreement mechanism that allows members to create and approve a type of proposal known as HostProposal.
Contribution Models
There are several ways Ellcrys contribute to working on community contracts. Some
this type of contribution can result in some compensation.
- Branch Contributions
- Contribution of Duties
- Issue Contribution
- Branch Paid Contributions
- Pending Branch Donations
- Network
There are several ways Ellcrys to distribute Token network.
- The ledger is distributed
- Sharding
- Consensus Method
- 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 details of Token
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.
Here is the 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
The unsold token will be equally divided into the mining reward and the universal savings provide.
Here is the bonus structure for Token Sale:
- Week 1: 30%
- Week 2: 20%
- Week 3: 10%
- Week 4: 5%
- Budget plan
The Ellcrys team plans to raise funds from Token sales in the following ways:
Product Development and Staffing 60%: This allocation will be used to recruit top talents in the Silicon Valley region and around the world. Our team currently consists of talented software, mobile developers, user experience / design and personnel management. The addition of new talent will greatly strengthen the team and accelerate product delivery time.
Marketing 20%: Our marketing objective is to cultivate adoption by reaching developers, designers, makers, testers.
Security 10%: The importance of security can not be overstated. The allocation will lead to hiring and consulting with security experts to investigate our algorithms and system algorithms have also sponsored security bugs / bounties.
The 10% Law: At a time when the legal implications of blockchain technology are unclear, this portion of the budget will be used to hire outside legal counsel to help us figure out all legality related to Ellcrys.
more info:
Website: https: //ellcrys.co/
Whitepaper: https: //storage.googleapis.com/ellcrys-docs/Ellcrys-Whitepaper.pdf
Facebook: https: //facebook.com/EllcrysHQ
Telegram: https: //t.me/EllcrysHQ
Twitter: https: //twitter.com/EllcrysHQ
Author: culun86
https://bitcointalk.org/index.php?action=profile;u=1096996
ETH: 0xbc37A4d7f960f4d1Dda9153Fb1a1Df7a81278263
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