Blockchain and cryptocurrency has been the tech buzzword of the past 2 years now and is showing no sign of slowing down. What started as a digital currency and asset has slowly begun to seep into almost every kind of internet application out there from previous buzz fields like Cloud computing, big data, Articifical Intellegence, Machine Learning, IOT and more.
All these break out technologies are still in their infancy and we're gradually starting to reap the benefits of its value generation properties. Yet in these experimental times some companies are looking to take even bigger risks combining concpets from various new fields and creating something new. One of these projects is IAGON!
A brief introduction to IAGON
Accessablity for all
As mentioned before projects that involve big data, IOT, AI and machine learning will be huge value generators for various industries but for every company to want to set up their own environment requires plenty of resources. Resources that are now being duplicated and going to waste in an essense as everyone tries to reinvent the wheel instead of leveraging off exisitng resources.
Having a global supercomputer that is accessable to all is not only a resource the world needs but a effectively a more optimized way to leverage resources. As we all have storage, bandwith and processing power left unused literally every second of everyday allowing us to lend it to the world in order to help solve problems is an admirable concept. This will allow users to pay for just the right amount of resources they need to run their projects without having to invest big on tech. This allows smaller dev houses, start ups and independent developers the opportunity to create tech that can be scaled easily and effectively lead to more break throughs in data and technology more often. Pushing various industries forward in the way they compete processes and analyse data.
How IAGON will work
IAGON uses blockchain and the utility token concept in order to 1 raise capital and then 2 create a functional ecosystem for users to gain access to a decentralized, open-sourced cloud computing and storage services platform. IAGON will essentially be a marketplace for computing resources by collating those who offer their unused computing power as well as storage space to create a "super-computer network that is accessable to all at a reasonable price for leasing and rewarding those who lease their resources to the network. It is essentailly a marketplace for computing resources but with a few extra bells and whistles.
My conclusion on IAGON
I think its a fairly ambitious project that may be ahead of its time in leveraging plenty of speculative technologies at this point. The project has its merits and I could definitely see the benefits of having such a powerful decentralised computing network with unrestricted access for all. However I have to be realistic when we look at the market and the competition this project is up against firstly by other niche blockchain projects like SIA, Storaj, Golem & Substratum while IA, IOT and Cloud computing projects are a dime a dousin as well as the big centralised players like Google, Amazon and Microsoft. There will be stiff competition and it won't be an easy ride for a project of IAGON to reach the scale it hopes to achieve.
More on IAGON
For more information on IAGON feel free to check out the following resources:
This is my submission for the @originalworks writing competition found here
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iagon2018
They seem to say all the right things and tick all the boxes. Let's see if they can get our right though. The proof of the pudding is in the eating.
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Totally agree with you these ICOs want us to invest just because they paint a great concept on a white paper without even putting down a line of code these days! First self fund and show me a workable MVP that we can trial out with a utility token then you can ask me for investment in scaling the project! This money for promises thing doesn’t sit well with me
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You have a minor misspelling in the following sentence:
It should be definitely instead of definately.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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This post has received a 1.01 % upvote from @booster thanks to: @chekohler.
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Interesting!
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Indeed I like the concept of collaborative resources I think it could be applied to a lot more things like green energy generation, peer to peer insurance and much more!
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You got a 3.30% upvote from @emperorofnaps courtesy of @chekohler!
Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!
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I wrote about this one awhile back too. IAGON is very interesting. Thanks for sharing. Worth an upvote and follow from me.
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Thanks for dropping in, since you know about IAGON it should be easier for you, why don't you submit a post to @originalworks competition?
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Oh, I wouldn't consider myself an expert on it by any means.
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Actually, it does look like a lot of people win. Maybe I will try! Thanks for the suggestion!
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Awesome! Glad you changed your mind! Feel free to drop your submission and your previous review Links in the comments so I can check them out
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Thanks for taking the time to read through my rant lol much appreciated
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This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
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