ELLCRYS: The Blockchain Platform to Build Your Software

Introduction

Creating something takes time and resources, and to distribute it freely to everyone is a commendable job. The software owned by companies are made to generate huge profits but they cannot grow as an open source software. The community 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.

Though, a few of the problems exist in such platforms such as limited ownership in the organization accounts. This creates a centralized system giving power into the few hands. The scope of the innovation is considerably reduced in an environment like this, which is not sustainable for the future of open source software. There is a need for a platform, which not only helps developers and community but provides a collaborative environment for them with a reward.

SOLUTION OFFERED

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 key participants of the ELLCRYS ecosystem are Validators, contributors, coin holders and service providers. They are also providing an online marketplace for the developers to sell their Products to the buyers using ELL Coins.

ICO Information & Team

To develop a product which satisfies the decentralised nature of the organisational structure, they are conducting an ICO. The Private sale is currently live until 24th January 2018. The pre-sale starts from the 1st Feb 2018 while Main ICO will start from 30th March 2018.

The team of ELLCRYS comprises of software developers, management experts and entrepreneurs. They believe in the power of blockchain technology.

Conclusion

A decentralised organisation is a future of creating a great product. Providing people what they need will be the biggest success mantra of tomorrow. ELLCRYS has realised the potential of blockchain in creating a decentralised community of software and web products.

Applying multi-chain blockchain capability to thousands of transactions will create the faster transaction on the platform. They are proposing an entire framework of software cycle, where you have the capability of producing and selling your product.

Budget plan

  • Product Development and Personnel: 60%
  • Marketing: 20%
  • Security: 10%
  • Law: 10%

Pre-Sale

Te Pre-Sale will be available to the public and will last for 8 weeks. It is targeted at early backers of the Ellcrys projects and includes a maximum of 30% bonus.

  • Pre-Sale Launch Date: February 1st, 2018
  • Pre-Sale Ends: April 1st, 2018
  • Duration: 8 Weeks
  • ELL available: 800,000,000
  • Price: $0.1 / ELL

Tokens not sold will be available for purchase in the main token sale. Below is the bonus structure for the Pre-Sale.

  • Week 1: 30%
  • Week 2: 20%
  • Week 3: 10%
  • Week 4, 5, 6, 7 & 8: 5%

Token Sale (ICO)

The main token sales event will occur 6 months after Pre-Sale. Purchases will include up to 30% bonus.

  • Token Sale 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 supply offerings for universal and mining deposits. Here is the bonus structure for Token Sale.

  • Week 1: 30%
  • Week 2: 20%
  • Week 3: 10%
  • Week 4: 5%

 Ellcrys Platform Team 

 Advisory 

Website : https://ellcrys.co/

Whitepaper : https://storage.googleapis.com/ellcrys-docs/Ellcrys-Whitepaper.pdf

My BitcoinTalk Profile:https://bitcointalk.org/index.php?action=profile;u=1458157

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