FloatingPoint - The Affordable Supercomputer [Rendering/Animation/FEA]
UPDATE
Project on hold until I have more to generate more interest, slow process with just one person at it.
My plan with the website is not to pull back the curtain and show you everything, but to show you many of the venues that would be pursued, some of the competition, and basically make my pitch for you to invest. It doesn't do me any good to be anything other than direct with this. Eventually there will be some bounties, etc. But for now, the ball falls solely in my court. Feedback is encouraged on your feelings of the prospects here and confidence in investing. I will do my best to stay on replying to posts and answer questions.
Once I feel confident, I will try to lock in dates instead of months like it currently stands.
I see Elastic was possibly having some backlash for taking donations and people being some level of dissatisfied. Without them, I may as well throw in the towel now. I am going to need to hire a couple devs to make this happen, while working a full time gig already and I (like most people) am not sitting on disposable income. Your comments are welcome regarding donations...FloatingPoint is a crypto-currency driven infrastructure for decentralized computation focused on meeting the needs of problems requiring high levels of FPU computation (Rendering, Finite Element Analysis, etc.). For years I have seen the need for such a thing, but at an affordable price to the indie gamer rendering his HQ graphics sequences, the small time animated film maker needing to render a short film, to the small engineering shop aiming to compete with companies with entire departments and massive systems to do FEA analysis quickly. Currently the cost of doing some of these tasks is thousands of dollars via a private render farm. With FloatingPoint, the coins would be used for an allotted amount of time to have network access to compute such tasks at an affordable price.
By leveraging already existing 'distributed computing' tech inside of popular applications, establishing a client base of a front end app is eliminated. Instead plugins will be developed and available for free to leverage the FloatingPoint network, all within software already in place. For example, Autodesk 3dsMax is capable of using multiple renderers that are all capable of distributed computing... MSC Nastran has multiple FEA solvers capable of distributed computing, Keyshot renderings commonly used in engineering or product development has distributed computing, Solidworks has distributed computing tech, the list goes on and on... In some cases the technology already exists and is being doled out at a hefty price tag.
Algorithm/Mining
This is early in the project, but I feel strongly it ill end up (at least initially) as solely CPU mining. A lot of the instruction sets (AVX in particular) used for most of these operations lend themselves to the CPU. But like I said... Early.
Timeline (work in progress)
Website / Donations - TBD 2016
Wallet - TBD 2016
Test Network of coin - TBD 2016
Payout To Donations - TBD 2016
Release of coin [Go Live] - TBD 2016
Coin on exchange(s) - TBD 2016
Release of functional plugin(s) - TBD 2017
Donations
Like a lot of other ventures, they start out as investing in an idea you feel could be something. Ultimately, being rewarded with a large amount of that coin as a result and if it proves to be successful then you reap the rewards. I personally have not had much luck in this department with investing upfront, typically lucky to break even. I know this can be a successful, profitable, game changing project. To make it happen will require some investment upfront, also some outsourcing requiring upfront funds. I think that as these things come to fruition the lead times will shorten to going live. Once the website is up in the coming weeks, I will have a good gauge for level of interest. Post has only been up 2 days and it already has 1000+ views, so I am feeling good about the prospects.
I know my status is Junior Member, and that can be a red flag to those reading this. I am a very motivated, hard working, never give up individual with over 20 years of experience in engineering/IT/programming. Based on feedback to this brief post, I will be aiming to launch a website and begin work on a wallet for starters.
Check back often as I am working on providing more detail, refinement, and a website over the next couple weeks...