ELLCRYZ.ico

Abstract

In this paper, we present Ellcrys, a network for creating and managing open, decentralized organizations comprised of globally distributed collaborators working together to build software products and services. Ellcrys offers a blockchain network that integrates Git[1] to allow collaborator build software collectively and from anywhere. Anyone can create or join a project, contribute and get compensated by the network with coins.

Introduction

A community contract describes an entity that allows one or multiple collaborators build open source organizations offering software products and services such as a website, API, smart contract, packages, frameworks etc. Collaborators push and pull code to and from the network, perform governance functions by creating, approving proposals and receive compensation from the network.

Ellcrys is on a mission to create an ecosystem where open source collaboration goes beyond offering contributions during free or leisure periods to one where collaborators can build open source enterprises that can be proftable, thus, enabling them to spend more time building great products and improving open source ecosystem

Ellcrys’ goal as a network is not to become another decentralized network with the purpose of making centralisation irrelevant — Ellcrys is not anti-centralisation. Ellcrys leverages on blockchain technology to provide and enforce transparency between collaborators, node owners and the Ellcrys organization.

Ellcrys’ communities need a mechanism to reach agreement on topics or issues surrounding operations. Te model employed by Ellcrys is a Proposal/Approval Voting scheme where contributors create proposals and solicit approvals from other contributors.

Community contracts building software products intended to be accessed from a browser or as a web service may implement and structure their project to be compiled and executed by any centralized cloud hosting platforms that support Ellcrys’ buildpacks and host protocol.

Ellcrys Host Protocol

 

 

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 kind of account or organization
structure cannot work for future
decentralized organizations where
there may not be a single owner or
leader, no trust and no headquarters.

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 centre
of all collaborative endeavours. It is an
organization. By default, it is multiowned,
meaning there is no owner, no
leader, no need for trust and no
headquarter.
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 a
revenue sharing and management
model unique to a repository.

ALTERNATIVES.

COMPETITIVE ADVANTAGES.

Users can create censorshipresistant and highly available git repositories.

Native coin reward for
collaboration when pull
requests are accepted.
Revenue generation model for
maintainers and individual
developers via paid branches,
paid issues and paid tasks.
Colony is predominantly
finance and government
centric. No way to measure
effort. Ellcrys is firstly effortcentric.
Effort is measurable
and trackable via pull
requests.

Assembly had too much control
over a project’s decisions, assets
and other processes. Ellcrys
completely democratises
ownership and governance

USE CASES.

Decentralized Git Hosting
Ellcrys can be used as a version control
system for software projects where
decentralized ownership is a requirement. In
the future, repositories of decentralized
businesses or protocols (like bitcoin,
ethereum) will be hosted on the Ellcrys
network.

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)

Te primary token sale event will occur 6 months after the Pre-Sale. Purchases will include a bonus of up to 30%.

  • Token Sale Launch Date: June 1st, 2018
  • Pre-Sale Ends: July 1st, 2018
  • Duration: 4 Weeks
  • ELL available: 900,000,000
  • Price: $0.35 / ELL

Tokens not sold will be equally shared to the mining and universal node reward supply. Below is the bonus structure for the Token Sale.

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

MORE INFORMATION:

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

My Bitcointalk Profile LINK:https://bitcointalk.org/index.php?action=profile;u=1015910

0

Publication author

offline 2 years

Jerzzz

0
Comments: 0Publics: 29Registration: 11-02-2018
Authorization
*
*
Войти с помощью: 
Registration
*
*
*
Войти с помощью: 
Password generation