DEEPCLOUD- the complete game changer in the cloud computing industry
Over the years, ever since the inception of the computer age, we’ve all been inundated by multitudes of innovations and modifications that are pouring at a much faster pace all geared to solve one human challenge or the other. One very big plus to these advancements has been the ability to adapt new tech to previously unintended purposes while bringing solutions to human lives. Another has also been the ability to combine two new technologies together or a new tech with previously existing ones to achieve something phenomenal. This was recently put to work by a team of brilliant minds over at the DEEPCLOUD headquarters who came together to brainstorm on ways to bring the blockchain and AI tech together to resolve the seemingly daunting challenges faced by humanity in trying to make use of technology.
What the DEEPCLOUD platform does is to provide a cloud computing platform that uses an AI to optimize the smooth running of all types of dAPPs as well as provide a marketplace for the right tools and resources (computational and storage) for app developers to run and deploy their app with all while taking advantage of the security, immutability, and transparency of the blockchain (amongst other things).
CURRENT PROBLEMS FACED IN DOING THIS
- Centralized platforms: most players that have attempted this are mostly centralized platform that has to make use of multitudes of data centers which makes them incompatible with iOT apps that require the computational resource to be close to the edge devices in order to be able to handle the constantly growing data being generated at the edge.
- Cost of carrying out transactions: most platforms are not convenient and cost-effective for apps such as IoT apps that need to carry out microtransactions regularly as they function.
-- High platform fees: goes without saying that with the high cost of running the centralized platforms comes the high platform fees imposed on users of such platforms.
SOLUTIONS OFFERED BY DEEPCLOUD
- An AI that matches the best network resources available to the APP developer that needs it
- Ability to run complex computations off-chain using DEEPCLOUD’s AI’s decentralized cloud resources.
- Marketplace for resource providers to meet with app developers while providing them with a global presence.
- Very competitive platform fees.
- Using Sidechains, Decentralized Acyclic Graph Layer and blockchain technology, DEEPCLOUD has the ability to effectively handle the microtransactions of apps in the most cost-effective manner possible.
LET’S TALK MONEY!
On the platform, all users get to interact and access services provided as well as exchange value between themselves by use of the platform token known as DEEP. It is used for the token sales and can also be for
- Getting paid when providing storage space or computation power as a Network Resource Provider
- Rewarding Block miners (validators) who get paid in the form of newly minted DEEP tokens.
OTHER GOODIES
The platform is to have its very own blockchain while also being ERC20 compliant (talk about easy peezy!).
TOKEN STRUCTURE
- Total DEEP tokens: 200 million
- 1 DEEP: $0.25
- Hard cap: $15 million
TOKEN DISTRIBUTION
40% - crowd sale
5% - marketing
20% - reserve
5% - advisors
15% - developer team
15% - bootstrap initiatives
USE OF FUNDS
3% - contractors
55% - research and product development
12% - marketing and communication
10% - indirect expenses
10% - operation cost
10% - contingencies
ROADMAP
Q1 2018 – Market Study + Concept formation
Q2 2018 - Public Whitepaper + Company formation
Q3 2018 – Huron Release + Private MVP, ICO, DeepTransfer
Q4 2018 – Tahoe Release + Public MVP - IoT, dApps, DeepTransfer Premium
Q1 2019 – Salton Release + Enterprise MVP, DeepChain Testnet MVP
Q2 2019 – Erie Release + Application Marketplace, DeepProperty
Q3 2019 – Yellowstone Release + Scalable Enterprise
Q4 2019 – Falcon Release + DeepChain Mainnet Developer Community, Ecosystem
Q1 2020 – Wheeler Release + Foundation Formation and DeepChain Developer Tools
Q2 2020 – Klamath Release + Global Enterprises
Q3 2020 – Beaver Release + DeepChain Analytics
Q4 2020 – Grenada Release + DeepChain Fraud Prevention Engine
FOR MORE INFO
For more info about the project and its team and to get all your questions answered check out the following sites and links:
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