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Author Topic: [ANN][RLC] iEx.ec blockchain-based distributed cloud announces its Crowdsale  (Read 183835 times)
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gf_iexec (OP)
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January 10, 2017, 11:04:59 AM
Last edit: April 18, 2017, 09:13:37 PM by gf_iexec
 #1




iEx.ec: The Distributed Cloud


iEx.ec is proud to introduce RLC, the token that will power the iEx.ec network.

RLC will be available through a crowdsale open to the community.


The crowdsale will start on April, 19th 2017 01:00 PM UTC.

It will end on May, 19th 2017 01:00 PM UTC.


With the platform, iEx.ec aims to provide blockchain based distributed applications a scalable, secure and easy access to the computing resources required for their execution. It uses the blockchain to organize a market network where everyone can monetize their servers, applications, and data-sets. This technology extends the Ethereum smart contracts allowing the creation of virtual Cloud infrastructure that provides High-Performance Computing (HPC) services on-demand.






Our whitepaper:


iEx.ec has released the very first version of its whitepaper showcasing the future of Internet. The document offers a detailed description of iEx.ec’s vision, the market, development roadmap and the upcoming crowd sale of its tokens.

iEx.ec which stands for “I Execute” is a French/Chinese company headquartered in Lyon, France with an office provided by Tsinghua University X-elerator. The platform was first introduced at the Ethereum Devcon2 conference held in Shanghai, China in September 2016. The team also successfully showcased a demo of the platform at the Super Computing Exhibition 2016 held in Salt Lake City, USA. We recently got featured in a TechCrunch article.


iEx.ec leverages a set of research technologies that have been developed at the INRIA and CNRS research institutes in the field of Distributed and Parallel computing. iEx.ec relies on XtremWeb-HEP, a mature, solid, and open-source software which implements all the needed features viz. fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, and more.


The new Proof-of-Contribution protocol being developed by iEx.ec allows off-chain consensus. With the Proof-of-Contribution protocol, external resource providers can have their resource usage certified directly on the Blockchain. iEx.ec aims to deploy a scalable, high-performance, secure and manageable infrastructure sidechain that will promote a new form of distributed governance, implying key HPC, Big Data, and Cloud industry leaders.


The team believes in a future of decentralized infrastructure and market network, where Big Data, HPC, IoT, and AI applications, highly valued data-sets, and computing resources (storage, CPU, GPU etc.) will be monetized on the Blockchain with the highest level of transparency, resiliency, and security. iEx.ec will be the key platform powering this future.


Developers, crypto enthusiasts, come and discuss the project with us:




Our crowdsale website:



The crowdsale will start on April, 12 2017 01:00 PM UTC. It will end on May, 12 2017 01:00 PM UTC.

  • Price of RLC without bonus: 5.000 RLC/BTC
  • Bonus: 20% bonus the first 10 days/10% bonus the next 10 days/0% after that
  • Minimum objective: 2.000BTC
  • Maximum amount: 10.000 BTC
  • Max RLC total supply: 87.000.000 RLC
  • Max RLC sold by crowdsale: 60.000.000 RLC
  • Min RLC total supply: 15.400.000 RLC
  • Min RLC sold by crowdsale: 12.000.000 RLC
  • Website : EN / CN




Bitcoin Talk Signature Campaign:

If you’re a Bitcoin Talk Member (or above), you can participate in our signature campaign that is running right now until the end of the crowdsale:

https://bitcointalk.org/index.php?topic=1830011.new#new



Frequently Asked Question:

What iEx.ec is building and how?

iEx.ec is a blockchain-based distributed cloud computing platform.  Developers can rent computing power, servers and data centers and make their unused resources available through a unique marketplace on the Ethereum blockchain.

Who uses iEx.ec and why?

There is a growing demand for computing power from industries and scientific communities to run large applications and process huge volumes of data. All sorts of applications can be hosted on the iEx.ec cloud and for different reasons.

  • Dapps (blockchain-based applications) that need off-chain computation.
  • High Performance Computing, Big Data, machine learning for product design (shorter time-to-market, better product testing, reduced design cost). This is typical for “traditional” industries, like aeronautics,  health and biomedical, oil & gaz, finance, etc…  
  • Future distributed applications that will require new form of decentralized infrastructure see Edge/Fog computing, ambient AI, IoT + Big Data, distributed deep learning, parallel stream processing etc...

What is the legal structure of iEx.ec?

iEx.ec is a company incorporated in France under the name IEXEC BLOCKCHAIN TECH (SIRET 82307092500016).

Where is iEx.ec at the moment?

Headquarters and research center are located in the city of Lyon, France. iEx.ec is a spin-off company from the INRIA research institute. iEx.ec China is located in Beijing, accelerated  by the SEM X-elerator from the prestigious Tsinghua University.

What about the team experience?

For the past decade, we have been key contributors in the area of Distributed Computing, proposing many algorithms, developing software, but also establishing real computing infrastructures that are used by many scientific worldwide. As a team we published more than 80 scientific papers, some of them in the most selective conferences, won two best paper awards, raised more than 1.2 M€ of EU grants.

Since September the team has grown to include blockchain developers, PR and marketing specialists, and business developers.

Why is your technology worth $2 million?

For the last 10 years, we have developed a large portfolio of technologies to establish the distributed Cloud.   XtremWeb-HEP is a mature, solid, and open-source software that allows to use any kind of computing resources for executing compute-intensive or data-intensive applications.  XtremWeb-HEP provides many advanced features such as: fault-tolerance, multi-applications, multi-users, hybrid public/private infrastructure, deployment of virtual images, data management, security and accountability, overlay network, VM management, sandboxing, support for HPC standards, and many more.

What is the role of RLC tokens on the iEx.ec cloud?

RLC is the native token of the iEx.ec cloud platform. In exchange of RLC tokens, users will be able to use the network for example, rent servers, data and applications to execute their distributed applications.

Why a crowdfund and not traditional funding?

We must distribute the RLC tokens for our distributed project to have a ‘market network’. We want it to be a project for the public so it is important that we start building it with you, since you will be the users and also the benefactors.

Why do you have such a high target to raise?

The technology is expensive to deploy at large scale. We know how much it has cost to commission these types of networks because we have done so in the past (see EDGI). We have to support the users, provides documentation, train the developers, convince providers etc... We also must be sure that the market network is there - by that we mean the number of tokens in circulation is enough to warrant the title ‘distributed’.

What currencies do you accept?

The crowdsale platform is designed to accept both ETH and BTC.

How can I do if I don’t have any BTC or ETH?

If you have any other crypto-currency, you can use Shapeshift (https://shapeshift.io) to switch to BTC or ETH.
If don’t have any crypto-currency, we recommend to use an exchange platforms like Kraken, Bitfinex or BTC-e.

Will RLC token be tradeable?

Once you received your tokens, you own them and can do whatever you like with them. If by ‘tradeable’ you mean ‘listed on any exchange platform’, then you can directly ask them.

Here’s a list of all major exchanges: https://www.cryptocoincharts.info/markets/info

Can I join the crowdsale without an Ethereum address?

No because you need it to receive your tokens. If you don’t have one, you can create one using MyEtherWallet or any other secured. It is important to make sure your account is properly backed up.

What will you do with the money?

It will cover the costs of developing and launching the iEx.ec Cloud. As indicated on our roadmap, we’ll release the Community Edition (production version) 6 months after the end of the crowdsale (M6).

What kind of escrow service do you use?

We use a set of Ethereum smart contracts which code will go public before the crowdsale.



Article and Press Releases:


English :

French :
  • Ethereum France : Gilles Fedak Interview here

Spanish :
  • Bitcoin News ES : here
  • Bitcoin News : here
  • Criptonoticias : here

Arabic :
  • Bitcoin News Arabia : here

Russian :

Malaysia :
  • Bitcoin News Indo : here



Follow us:




iEx.ec
►BLOCKCHAIN BASED FULLY DISTRIBUTED CLOUD COMPUTING
WHITE PAPER | CROWDSALE | SLACK | FACEBOOK | TWITTER | REDDIT | YOUTUBE | LINKEDIN | BLOG
PolyPanto
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January 10, 2017, 11:18:39 AM
 #2

Hi, something new and this is very  pleasing   Cheesy  I liked the idea - good luck!

If you plan local threads as bounties, I would like to reserve Russian translation thread. Please let me know if interested.

Thank you!
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January 10, 2017, 11:19:39 AM
 #3

discreet  Smiley
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January 10, 2017, 11:52:43 AM
 #4

4) Bounty program ?
It's being organized. Join the slack to coordinate with the developers.



Is there a Bounty program at Bitcoin Forum?
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January 10, 2017, 11:59:16 AM
 #5

@kamizama. It's considered. But not yet started.

iEx.ec
►BLOCKCHAIN BASED FULLY DISTRIBUTED CLOUD COMPUTING
WHITE PAPER | CROWDSALE | SLACK | FACEBOOK | TWITTER | REDDIT | YOUTUBE | LINKEDIN | BLOG
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January 10, 2017, 12:11:43 PM
 #6

@kamizama. It's considered. But not yet started.

gf_iexec=CEO, Co-founder?
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January 10, 2017, 12:15:42 PM
 #7

@kamizama. It's considered. But not yet started.

gf_iexec=CEO, Co-founder?

Yes, correct.

iEx.ec
►BLOCKCHAIN BASED FULLY DISTRIBUTED CLOUD COMPUTING
WHITE PAPER | CROWDSALE | SLACK | FACEBOOK | TWITTER | REDDIT | YOUTUBE | LINKEDIN | BLOG
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January 10, 2017, 12:25:01 PM
 #8

RLC , announce for ICO ?
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January 10, 2017, 12:29:49 PM
Last edit: January 10, 2017, 12:47:04 PM by ajiz138
 #9

Danish/Skandinavisk translate reserved

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January 10, 2017, 12:50:36 PM
 #10

ico start on februari right?
do you use escrow service and who?
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January 10, 2017, 12:55:19 PM
 #11

RLC , announce for ICO ?
Feb/Mar 2017
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January 10, 2017, 01:18:08 PM
 #12

chek pm sir

thanks

           
          
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BTC-BTC-BTC
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January 10, 2017, 01:41:22 PM
 #13

Escrow?
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January 10, 2017, 02:27:45 PM
 #14

reserved translaion french

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January 10, 2017, 02:32:46 PM
 #15

hi Dev,
How are ICO funds escrowed?
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January 10, 2017, 02:50:39 PM
 #16

Bookmarked, waiting for the next information Grin
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January 10, 2017, 02:52:55 PM
 #17

Threshold 3000 btc? Right?
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January 10, 2017, 02:57:21 PM
 #18

Minimum cap: 3.000BTC

That's $2.7 million at current btc prices.

Insane

99.999999999999999999999999999999999999999999999999% of all ICO's are SCAMS
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January 10, 2017, 05:08:20 PM
 #19

Happy Rooster Year !

Terms and supply will be adjusted before the crowdsale.

It's part of the FAQ.

Here's the full letter

iEx.ec
►BLOCKCHAIN BASED FULLY DISTRIBUTED CLOUD COMPUTING
WHITE PAPER | CROWDSALE | SLACK | FACEBOOK | TWITTER | REDDIT | YOUTUBE | LINKEDIN | BLOG
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January 10, 2017, 05:20:35 PM
 #20

Interesting project for sure.

One thing that jumped out at me - depending on ICO funding level, the % of tokens sold during ICO is highly variable.

There is a scenario where the minimum threshold is met and 15M RLC are distributed, out of a total 32.52M RLC. (~46%)

If the max funding is hit, 72M RLC will be distributed out of a total 100M RLC.  (72% of total)

There's a huge difference between % of RLC sold during ICO vs. total supply based on the funding level.


Is there anything published that explains how that works?  (scaling of total supply vs. amount sold during ICO)

Also is there anything published about what the remaining 28%-54% will go toward?

Answers would be much appreciated!
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