Ankr Network ICO

Ankr Network Hot Whitelist

Distributed Cloud Computing on Trusted Hardware

ICO Details

Status
Past
Starting date
September 16th, 2018
Ending date
September 30th, 2018
Whitelist
Yes
Token Sale Hard Cap
TBD
Token Sale Soft Cap
TBD
Token Symbol
ANKR
Token Type
ERC-20
Token Distribution
Mining, Community and Marketing, 45%
Private Presale, 30%
Team and advisor, 20%
Public sale, 5%
Initial Token Price
$0.0066
KYC
Yes
Participation Restrictions
China, USA
Features

The Proof of Useful Work (PoUW) consensus enables a self-sustainable blockchain framework. Instead of wasting electricity and computing power on hashes like Bitcoin does, PoUW uses these resources towards useful work tasks provided by enterprises and consumers.

The protocol runs on SGX-enabled CPUs with remote attestation to ensure security and confidentiality.

The novel PoUW approach unlocks the massive potential of idle computing power around the world by providing enough incentives: in this scheme, every computation contributor gets compensated, and some will get the extra reward for generating the blocks.

In the future, this mining scheme can promote Universal Basic Income (UBI).

Core Team


Chandler Song
CEO


Stanley Wu
CTO


Ryan Fang
COO


Song Liu
Network Security Expert

Advisory Team


David P. Anderson


Ramsey Hanna


JZ Zhang


Christel Quek