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Ammut Network (XAMM) ICO

ICO
Past
Mar 01, 2019 – Jun 01, 2019

The AMMUT Ecosystem is built, designed and equipped to solve tasks that require high computing power such as deep learning, mining, scientific calculations, CGI rendering, 3d rendering and it’s made of several components: AmCU (Ammut Computing Unit), a low-cost hardware platform, specialized in the execution of tasks that require high computing power and designed to specifically and significantly improve on all pre-existing models in terms of profitability and longevity and the Ammut network, made up of all the AmCU devices connected to the network. AmCU takes tasks from the network, based on the earning coefficient that was initially set by the user, sends the results to the Ammut Network, and then it receives the reward based on the earning coefficient and the time spent to solve the task.

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Ammut Network (XAMM) ICO ratings

ICObench.com Ammut Network (XAMM) icobench 3 / 5
ICOmarks.com Ammut Network (XAMM) icomarks 8.3 / 10
TrackICO.io Ammut Network (XAMM) trackico 4.4 / 5
ICOholder.com Ammut Network (XAMM) icoholder 4 / 5
Our rating
7.8
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Overview

Project industry Data Analytics
Product type Ecosystem
Founded United Kingdom

What is Ammut Network

Before its great popularity, the HPC was used by geologists, meteorologists and medical researchers to create complex algorithms to solve scientific problems. HPCs are now accepted by small businesses, entrepreneurs and inventors. Some have called it “the key to future innovation”.

Automakers, for example, use high-performance computing to perform virtual crash tests on their vehicles. The $ 60,000 safety test at Ford Motor Company 20 years ago costs around $ 10 today.

The AMMUT solution being pushed out by the platform is designed to provide a holistic model that answers to a wide range of technologies. Specifically, this means the AMMUT platform can be used to solve more problems that require high computing power.

Access to the wallet is made through a web interface that can also monitor the following statistics:

  • Consumed power for a certain period (day, week, month, etc.)
  • Total operation hours of the device
  • Load history for a certain period (day, week, month, etc.)
  • Current operational temperatures inside the device
  • Display of XAMM tokens earned
  • Display of XAMM tokens owned
  • Furthermore, the AmCU user interface makes it easy for users to monitor and control the device, both from a PC and a smartphone. The tremendous functionality of the software allows users to monitor graphically represented the overall process of operation with incredible accuracy. With a single press of a button, you will be offered a variety of options to change or correct operational modes of the device, for example, from energy saving mode to high-performance mode. In the case of breakage or malfunction, a problem can be solved remotely as the system will identify and display the problem to the user. All software upgrades of the device will be done easily and remotely just like updating software on your smartphone.

    Details

    Public sales: Mar 01, 2019 - Jun 01, 2019
    Token supply: 300,000,000 XAMM
    Total tokens for sale: 180,000,000 XAMM
    Hard cap: 180,000 ETH
    Raised: 4,000,000 USD

    Legal

    Blockchain Platform: Ethereum
    Country limitations: Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Cote dIvoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Mainland China, Malaysia, Myanmar (Burma), North Korea, Republic of Macedonia (FYROM), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine, United States of America (USA), Venezuela, Yemen, Zimbabwe
    Registration country: United Kingdom
    Registration year: 2019

    Token info

    Ticker: XAMM
    Type: Utility-token
    Token standard: ERC20
    Token price in ETH: 1 XAMM = 0.001 ETH
    Accepted currencies: ETH
    Bonus program:
    First stage, 60.000.000 XAMM - 1000 XAMM/ETH with 10% bonus Second stage: 60.000.000 XAMM - 1000 XAMM/ETH with 5% bonus Third Stage: 60.000.000 XAMM - 1000 XAMM/ETH with no bonus
    Token distribution:
    60% - Public sale
    10% - Private sale
    20% - Team
    5% - Advisors
    5% - Reward programs
    Funds allocation:
    30% - Research and Development
    30%- Logistics
    20%- Marketing
    20% - Employees

    Ammut Network Roadmap

    1
    Q3 2019

    Exchange listing
    Token burn

    2
    Q4 2019

    Buying a warehouse and the needed equipment
    Estabilishing business partnerships with suppliers
    Expanding the team and hiring personnel

    3
    Q1 2020

    Research and development
    Testing and improving AmCU
    Testnet launching using in-house AmCU devices
    5% tokens buyback and burn

    4
    Q2 2020

    Launching Mainnet and beta software for feedback
    Start of production of AmCU devices
    The launch of mobile app used to monitor and control AmCU

    5
    Q3 2020

    Producing AmCU for users
    Releasing the first version of the software.

    6
    Q1 2021

    5% buyback and burn

    Project team

    Charlie Blake
    Charlie Blake
    Project Manager at Ammut Network
    linkedin
    Melissa Alexander
    Melissa Alexander
    Software Developer at Ammut Network
    linkedin
    Brian Ferguson
    Brian Ferguson
    Hardware Architect at Ammut Network
    linkedin

    Advisors

    Frederik Lund
    Frederik Lund
    Legal Advisor for Ammut Network
    linkedin
    Andy Veiss
    Andy Veiss
    ICO Advisor for Ammut Network
    linkedin

    Social media

    Web-site Reddit: Ammut Network (XAMM) Medium: Ammut Network (XAMM) YouTube: Ammut Network (XAMM) Telegram: Ammut Network (XAMM) BTCTalk: Ammut Network (XAMM) LinkedIn: Ammut Network (XAMM) Twitter: Ammut Network (XAMM) Facebook: Ammut Network (XAMM) Github: Ammut Network (XAMM)

    User rating:

    5/5 ( 1 )

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