The new ICO program Unchainted is going to compete with the giants like Google and Amazon on the Cloud Hosting. Unchainet is launching the Cloud Hosting services on Blockchain technology with unique idea.
How does Unchainet actually work?
Clients can purchase computing resources in the same way as with current cloud platforms. No superpowers needed.
The typical offerings allow:
- Reserved long-term bookings
- Per-minute pricing
- Spot (preemptible) instances
Basically, all you need for website hosting, recurring workloads, high capacity research, AI training and a lot more.
In the first phase of development, Unchainet will focus on spot instances. It’s an auction-based platform where clients bid to buy resources, which they can use until a higher bidder comes in.
Other options will become available, but we need enough data about provider quality first so we can guarantee industry standard service availability.
What differentiates UNCHAINET from its competitors (centralized and decentralized)?
Centralized - AWS, Azure, GCP - large companies dominating the industry have pioneered the public cloud as a way to save money for clients. These days they have high profit margins and too large market penetration creating a threat to existing small and medium size businesses. This is the major problem UNCHAINET solves.
Decentralized - Our major difference is that other competitors create a proprietary platform which is hard to use for existing cloud clients. UNCHAINET eliminates the friction associated with the staff training by using open source technology and bridging interfaces to allow simple migration from existing platforms. Our first niche market is a spot pricing infrastructure, which is increasingly popular between existing cloud clients and where we are the first to market and the only so far.
I think the Unchainet is going to bring a great change in the Cloud Hosting industry.
You can join their Telegram Group with this link : http://bit.ly/2LLDHtX