Crowdmachine creates the Crowd Computer, a global decentralized app execution engine
Image source: bitcoinexchangeguide.com
The purpose of reviewing this ICO is because I have personally found it very innovative. It changes how apps will be developed in the future without too much worry on having the right programming code. More effort is placed on generating new ideas that will be implemented in our future apps. I know that their ICO for Phase I is coming to an end, so I hope that it is not too late to introduce to everyone about Crowd Machine, which I see a lot of potential coming out of this project.
Introduction
Once again, the only sure way to know what an ICO is about is to read its whitepaper. The more you understand the content, the more likely you will see how feasible the idea is and whether it is good for you to join in. Crowd Machine is a community for app developers, app testing, and computational resource sharing. Using Crowd Virtual Machines (CVM) shared by the community, device owners are compensated for their processing power. Blockchain network adoption is embedded into the apps that will be created, simplifying the entire app creation process.
Image source: Crowd Machine Whitepaper - Figure 4
Idea and Product
It is not easy to grasp Crowd Machine's concepts without knowing a thing or two about cloud computing and the complexity of app development. In simpler terms, Crowd Machine is automating the app creation process by up to 45x faster. Many of the functionality of apps are well-written chunks of code that is already available on the Crowd Code Repository. You can draw similarities to a game engine, where games are created and tested on a game engine platform eg. the Unreal Engine. This idea can be applied to app creation engines. The Google App Engine is a good example.See CHapter 5 of their Whitepaper for more technical details which I shall skip now.
Image source: crowdmachine.com
Team
The project is led by Craig Sproule, the CEO of Metavine, a systems integration company for 5 years. Crowd Machine hires a group 19 employees based on their Linkedin Profile. Many are app developers and overall a strong team, with experts in the blockchain and crypto-economics. This post is written by @tysler. Do not plagiarise. It is not a team of ICO 'gurus' selling ideas, but real people with technical skills and the competency
User Reviews
High ratings were given by trustworthy ICO review platforms:
- ICO Bench - 3.8/5.0 rating
- ICORating.com - "Positive" rating
- Cryptosis.io - 76% rating
- Cryptorated - 4.6/5.0 rating
Token sale
The Crowd Machine Compute Token - [CMCT] has collected 36,827 ETH. Pre-ICO is ongoing and active. There will be a fixed supply of 2 billion CMCTs. Read more about their public sale structure here: https://www.crowdmachine.com/wp-content/uploads/2018/01/Crowd-Machine-Compute-Token-CMCT-Public-Sale-Structure.pdf . Do take note of the token purchase restrictions for US residents in the snapshot below:
They are KYC and whitelisted for security purposes and I do see a good potential in their crowd app studio engine. Looking forward to their public sales!