Technological developments are leading to the advancement of services and systems to maximize performance and profitability. Digitalization encourages every activity to involve technology to be fully utilized. It also led to the implementation of a decentralized system that supports crypto. One of the techniques applied in digitizing to realize a decentralized system is Blockchain. A distributed book will provide transaction security and transparency. The application of Blockchain technology also supports the implementation of the Intelligent Contract system for transaction settlement to be accompanied by a cryptocurrency as a form of agreement. After the introduction of Blockchain technology then began to emerge platforms with the decentralized system to provide ease and convenience of transactions.
One platform that implements blockchain to give everyone the opportunity to build software products openly is Ellcrys. The platform is built to create a product with the ownership of a community and a democratic Internet organization. The universal concept will make it an opportunity for anyone who possesses the skills for the Ellcrys organization. Everyone can participate in decision-making that will determine the sustainability of the system. Besides everyone can also receive awards for the contributions provided by the network. In addition to grants, reputation can also be a reason for someone to get an award. The system will accept anyone who wants to contribute to the ecosystem and earn some appreciation for the contribution given.
Some issues are included in the restrictions of web services for organizational account support. One of the problems that arise is that sole proprietors use unrestricted access to manage ecosystems. The sole owner can usually make additions and removal of users freely by the will. Besides, exclusive proprietors are independent of the authority to regulate accounts and their entire sources. The ecosystem structure with a single proprietary concept would be incompatible with future organizations. That is because the next system will use decentralized ideas that will allow the absence of a sole owner or leader. The system that will run in the future will also not use a large headquarters. Various problems should be resolved before the use of a decentralized system. All the centric endeavours in Internet organizations are the most likely thing to do.
One solution applied by Ellcrys is the existence of a git store. The warehouse is used as the centre of all collaborative efforts within the organization. By default, the system will have multi-ownership which means no owner and leader. The system will be run in the absence of trust and headquarters. It will make the system stand-alone and managed by its users. Everyone will have the opportunity to take the contents of the platform, contribute, verify and select the pull of requests and other proposals related to the ecosystem. Contributions can be compared to currencies to improve platform performance, creative ideas, or anything else that can be used for ecosystem sustainability.
The platform will provide a repository capable of making payments and accepting it as one of the services offered or donated. Thus the catalogue will act as a medium for the run of the ecosystem. Furthermore, the role of contributors is crucial to provide decisions collectively about revenue sharing. The model management for the repository will also be presented uniquely based on the conclusion of the contributors. An open platform will be created in the form of an organization granting authority to the assembly to permit community building. Ecosystems will have software products designed by their own will. The control service will be a simplified version for developers. When you want complete information on platform development, then you can join the Ellcrys community.
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The General Concept Of Developing Ellcrys Platform
As the first platform with the concept of trust to users, Ellcrys was founded by providing an opportunity for profit earned for all parties. Platforms made with Blockchain technology is great for software development with a digital ecosystem. The system will make it easy for anyone to join and create a comfortable organization to your liking without a single owner. Contributors will also do decision-making, and everyone has the same opportunity to become a contributor. Users can create a sensor that will be available in the git repository. Besides, the original coin prize will also be awarded to a fascinating collaboration when the request is received.
The platform will apply generational and revenue concepts to managers and individuals. It will make services available through paid branches and paid issues and paid assignments. In the Ellcrys ecosystem, the assembly will have too much control over the project decisions made. It will also include assets and the whole process. Ellcrys will be run democratically from leadership and governance. The financial system and centric government will be done with the colony so no way can be done to measure the effort. Ellcrys will be the first platform to use centric as a scalable effort and can be tracked through pull queries.
Ecosystems will enforce decentralized git hosting. It is intended that Ellcrys can be used as a control of the system version for software control. It will also provide ownership of a decentralized system as a necessity. The decentralized repository will be used as a business and protocol in the future and will be hosted on the Ellcrys network. In addition to implementing decentralized git hosting, the platform also embraces autonomous decentralization. It allows the community to undertake a decentralized development of business ventilation around the git warehouse. Organizations are designed to work on mobile apps, service apps or the web. The ecosystem will also involve contracts of ceras, libraries, and other services that can be used to support the sustainability of the ecosystem.
In decision-making, Ellcrys will draw up a proposal and a voting mechanism for approval. Software outsourcing is also possible within the ecosystem of the project owner openly. Implementation of software outsourcing can be done by sourced from millions of independent developers who can maintain ownership of the repository. Making and distributing tasks will also be done as well as efforts in preserving satisfaction in pricing. Developers and individuals can complete a mission to get an award. Maintenance of open source products can also be created in branches for pricing to be paid. Anyone who fetches the branch will make payments. The developer and individual developer may obtain a coin reward for any settlement of any settled software issues.
The Ellcrys Ecosystem For The Future Organization Structure
Ellcrys will be an ecosystem with a mission to create a new kind of organizational structure. That's what lets software without trust, without a collaboration leader but, Ellcrys will be an opportunity for open platform establishment for communities with real, honest, business-in-reality solutions to real-world problems. Organizations are created to compete with ongoing businesses to be centrally managed to improve the efficiency, scalability, and impact of their use. That goal can be achieved when ecosystems are relied upon to rise and provide support for network growth. Several categories are needed to maintain the ecosystem and ensure growth such as validators, contributors, stakeholders and coin dealers, and business service providers.
Validator becomes one of the categories needed in community sustainability. That is because the validator is included in the network node that has a contribution to the computing resources. The resources required to power and secure the network. Instead, everyone will be rewarded with a new coin. On the other hand, contributors also have a role to do the making, managing, and donating work to the warehouse. Another important category is the coin sculptor and coin who will provide coins to form the liquidity needed for contributors and end users. Participation in the Ellcrys platform will give the need for token purchases from pedants to gain access to the network.
Service providers are also included in important categories because they have a role in providing specialized services for the Ellcyrs organization. Service providers are also responsible for giving exchange for coins like services on cloud hosting and databases, domain purchasing and management, marketing and sales etc. Ellcrys Network will require digital assets like Etherum. Assets will be used as a medium of exchange while providing security within the network. The cryptocurrency representation will be seen from the presence of digital assets. Digital assets used are named ELL with eight decimal places. As stated in the whitepaper, the total supply for the ecosystem is 10 billion with a limit of 0.00000001 units aka chakra. The algorithm used for mining is StackMint. Utilities obtained from coins are P2P transactions, push fees, cost-taking for paid branches only, network consensus, and market transactions.
Be a contributor to the ELL token sales event that is in pre-sale stage until March 1st, 2018. The token sales stages consist of 3, namely Private sale, pre-sale, and ICO. When you skip pre-sale, do not worry because there is still an ICO with the acquisition of bonuses. The price applied to pre-sale is USD 0.08 and at ICO of USD 0.1. ICO will begin on 30 March to 30 April 2018. Your contribution will affect the ongoing development of the Ellcrys project. Register on a web page to participate in token sales.
Ann Thread: https://bitcointalk.org/index.php?topic=2603585.0
Website: https://ellcrys.co/
White Paper: https://storage.googleapis.com/ellcrys-docs/Ellcrys-Whitepaper.pdf
Posted by : kurniawan05