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Blockchain allows a way of compensating individuals for giving their computation power to the decentralized cloud.
In Dublin, Ireland, on July 25, 2017, Cloudwith.me launched the ICO of Ethereum based cryptocurrency, Cloud Token.
Throughout the ICO pre-sale, early investors were able to buy tokens at discount rates. The ICO pre-sale has now closed, but Cloud Tokens can still be purchased before they are scheduled to hit multiple cryptocurrency exchange sites – September 21, 2017.
The overwhelming interest in Cloud Token is due (in part) to the immediate liquidity. Investors can already use tokens to buy AWS and Microsoft Azure cloud services with a 50% discount through Cloud With Me.
Cloud With Me was founded in 2015 by Gilad Somjen and Asaf Zamir, to provide SMEs with a simplified onboarding solution for cloud server installation, removing the need for technical expertise. The Cloud Token crowdsale funds will be used for the global deployment of a GridNode infrastructure – The framework for building the decentralized “Crowd Cloud”.
Millions of devices worldwide will be able to contribute redundant computing power to the cloud, including laptops, phones, computers, and even Internet of Things (IoT) connected devices, such as washing machines. Anyone who undertakes the operation of a GridNode and contributes to the Crowd Cloud will receive a continuous income.
The decentralized structure will create a commoditized environment, reducing the cost of cloud services, the risk of network outages, and providing a higher level of data security and privacy.
“We’re driving meaningful evolution that enables millions of people to access the power of professional cloud services at a fraction of the cost and in undeveloped countries. 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.”
Asaf Zamir, co-founder and Chief Technology Officer.
Important Cloud Token Info
• Initial token price: 1 Cloud = 10 USD
• Buy Cloud Tokens With Credit Card!
• Buy AWS and Microsoft Azure cloud services with a 50% discount through Cloud With Me
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