Website

Openmesh Network (OPEN)

ICO

Last updated: Sep 12, 2024

Openmesh is an initiative to build an all-in-one petabyte scale decentralized open data infrastructure for web3 allowing anyone access to immutable data without any censorship.

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Overview

Project industry	Blockchain Infrastructure / Big Data & Data Storage / Web 3.0
Product type	Technology
Founded	Australia
Whitepaper	Open

Technical details

Core Innovation & Breakthroughs:- Immutable Cloud - Build trust in the design. Not into the brand. Not the people. Immutable & Decentralized Cloud as a service.- Airbnb for cloud and infrastructure. Xnode Studio allows anyone to rent their unused computers to someone anywhere in the world.

What is Openmesh Network

Openmesh is a full-stack, decentralized data cloud infrastructure built on a global network of bare metal servers. It is the largest open data lake, covering approximately 80% of the entire crypto and web3 ecosystem today.

Openmesh enables anyone to create their own decentralized data cloud, connect globally, share data securely, slash deployment costs, and automate data cloud setup. The Openmesh Network is designed to collect, store, process, stream, and provide data connectivity for anyone, anywhere, anytime, without the need for registration, licensing, or payments.

Technologies & Products:

XnodeOS: Efficiently managing Xnodes, ensuring security, resource optimization, and Web2/Web3 integration.
Openmesh Resource Aggregation Layer (ORAL): Pools and manages computational power, storage, and other network resources across Xnodes, enabling flexible, scalable, and market-driven resource provisioning
OpenAPI: Single endpoint for immutable Web3 data as a service (streaming + historical)
Xnode: Manages Openmesh network resources, including computational power and storage, across various deployment environments
Pythia: ChatGPT for web3
PythiaPro: Design, build, visualize, deploy, and store powerful data products directly in your Web3 wallet
OpenmeshConsensus - OpenmeshPoS - The Universal Data Collector (UDC)

Details

Pre-sales: Sep 20, 2024 - Sep 30, 2024
Public sales: Oct 28, 2024 - Oct 30, 2024
Soft cap: 500,000 USD
Hard cap: 1,800,000 USD

Legal

Country limitations: China, South Korea, India, United States, Canada, Russia, Saudi Arabia
Registration country: Australia
Registration year: 2020

Office address: York Street, Sydney

Token info

Ticker: OPEN
Type: Utility-token
Token price in USD: 1 OPEN = 0.21 - 0.27 USD
Accepted currencies: ETH, USDT, USDC
Token distribution:
Fundraising and Reserves - 12.0%
Ecosystem Development - 20.0%
Verified Contributors Incentive (OpenR&D) - 8.0%
Grants, Circle (Education and Training) - 4.0%
Core, Network, Security & Node Operators - 28.0%
Early Node Validators Program Rewards - 8.0%
Current & Future Team, Advisors & Supporters - 20%

Openmesh Network Roadmap

Q1/Q2 2024

Integrate Xnode with Equnix, Hivolcity, Google, Vultr, ValidationCloud, Snowflake, Aiven
Xnode Studio V.4.0 Beta
Decentralized Cloud Initiative 2024
Launched World's First Decentralized Virtual Machine (DVM)

Q3/Q4 2024

Openmesh is giving away USD100m worth of cloud credit to Web3 startups, protocols, and DAOs to jump-start the DePIN movement.
Artificial Superintelligence Alliance RFP - Large-scale AI-optimized data center in collaboration with Nvidia, The Xnode MDC (Modular Data Center).
Web3 Node Adoption Initiative with Chainlink, Fantom, Polygon, Avalanche, and 6+ more chains.
Openmesh Decentralized & Immutable Cloud: Up to 80% cheaper that incumbent web2 providers
Xnode integrations with the Solana
Xnode Studio v6 launch with 10,000+ apps
Partnership with Hackernoon to host a DePIN educational content hackathon.
Openmesh Node Sale.
Validator Nodes Rewards Beta
Openmesh Town Hall Event (Nvidia, Snowflake, Polygon, Databricks, MongoDB, Avien, Hivelocity, Google, and more)
CCIP <> Xnode Launch—Connecting On-chain to Web2 Infrastructure for devs, Web3 startups, protocols & DAOs + $5m Openmesh
Cloud Resources announcement.
Xnode Node Hardware Launch.
OpenD/I 2024 Conference in New York by Openmesh.
OpenD/I Developer Conference 2024 in Bangalore by Openmesh.
OpenAPI v6 Launch