Crowd Machine: The Engine to Drive the Future

in #blockchain7 years ago (edited)

CROWD MACHINE

Crowd Machine is a platform that is formed by three main components - Crowd Computer, Crowd App Studio and Crowd Share. Crowd Machine aims to replace existing cloud computing services by utilizing the transparent and efficient aspects of the blockchain. It will replace services such as AWS and Azure. Crowd Machine is a built product in late beta stages.

Firstly, the cloud in whatever context has always being a foreign concept to many talk less of cloud computing. As a result i will like to define the key terms;


In simple terms cloud computing is using remote servers hosted on the internet to store and process data. Still keeping it simple, the crowd machine is creating a Cloud Computer which will be hosted on the internet via user participation or through a collective network of users of the Crowd Virtual Machines (when it comes to the cloud, its majorly virtual). This CVM relies on the processing power of the individuals in the network to run for which they get rewarded. Cool right?


Now for those of us who are used to faucets, this might be an all too familiar offer but i tell you it is not. While there are similarities in both MO's they are different in their results. I for one have been on a dozen of faucets which i must say i never understood but joined the bandwagon of quick money searchers and wasted my time and energy. This is a sure promise and if you are all about making some extra bulk in the crypto space, this is your ride. A revolution in the world of cloud computing i must say because am not done detailing its benefits.




App Creation


Embedded within the Crowd Computer is a comprehensive app development technology that allows anyone, from seasoned developers to novice with no coding experience, to develop blockchain and decentralized apps at rates that far exceed current approaches.

According to a publication the number of developers needs to exceed 4 million by 2020, a number we can obviously note we are not anywhere near. This concept makes it easy and relatively less stressful for both developers and non developers to create decentralized apps and develop block chain. With the daily birthing of ICOs and increasing demand for developers, we can say an intervention is in order.


Crowd Machines App studio makes it significantly faster and cheaper to build traditional and blockchain apps for those that understand logic and rule-based processes.

Earning Power


I have always being a fan of decentralized financial systems where the earning power is based on individual merits not some age-long set up system. In the Crowd Machine, this is where the Crowd Share repository comes in because the system democratize the decentralized app creation by allowing anyone to create and share apps thereby creating financial value for their work. While this is a welcome development, it will encourage more individuals to participate and contribute to the community.




Cash Flow


The currency of the Crowd Machine for now is the Crowd Machine Compute Tokens CMCT. individuals pay or get paid CMCTs based on their role in the Crowd Machine network. For instance, an app owner will be charged CMCTs for having their app on the crowd computer while the node operators will earn CMCTs for contributing their computational and storage resources. further more, developers will be rewarded CMCTs by app end-users.


How to Acquire CMCTs


Should an individual want to acquire some CMCTs to enable them host their app on the Crowd computer and enable them make money from end users, they will have to purchase CMCTs token which is an ERC20 token with a fixed supply of two billion (2,000,000,000) tokens.


Who can acquire CMCTs?


To participate in Crowd Machine's public token sale, participants must meet all the following criteria: 
(a) Must make a purchase of 0.1 ETH or more; 
(b) Must not be from an Excluded Country; and 
(c) Must successfully complete all required identity checks and be assessed as being compliant with Crowd Machine's Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. 

Other informations on how to get CMCT tokens can be fount here >>> https://www.crowdmachine.com/wp-content/uploads/2018/01/Crowd-Machine-Compute-Token-CMCT-Public-Sale-Structure.pdf


i am excited about this project and i know you are also even with the 27 employees, alot has already been set in motion. Please stay tuned for more exciting information on Crowd Machine as they unravel


 https://steemit.com/blockchain/@originalworks/340-steem-40-bonuses-sponsored-writing-contest-crowd-machine 


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I've read few posts about Crowd Machine and yours surely is one of the better ones out there.

Im not sure if I understood it right. Correct me please if Im wrong.
Crowd Machine will provide developers with some sort of "templates" that can help create decentralized apps on blockchain?

Potential to use this tool in the future looks very promissing.

I know that you're taking part of @originalworks contest. Good luck to you :)

Obviously UPVOTED ! :)

Cheers, Piotr

Thank you. I appreciate

Absolutely @idisi

I really found your post about Crowd Machine very informative and this project is still blowing my mind. I've read number of posts related to that crypto and Im just wondering how possibly would it affect job market. Wont be there thousands developers and programmers losing their jobs ?

Or is demand huge enough to provide jobs for all those people. What do you think?

Are you personally a programmer/developer ? And did you try by any chance their beta version? I tried to register myself here: s://www.crowdmachine.com/beta-program/

But this program is temporaty closed and in order to receive news about future beta programs I need to subscribe. The problem I faced is that each time whenever I try to do that their website is crashing with some errors being displayed.

You mind checking if you have similar problem?

Keep up with good content. Will be following you closely. Hope to read more interesting posts about blockchain technology projects :) or crypto in general.

Cheers,
Piotr

Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game has passed the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e

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