Website

DeepCloud AI (DEEP)

ICO

Published: Jul 23, 2018

DeepCloud AI is building an AI-driven decentralized cloud computing platform for running decentralized applications — IoT and Web 3.0 dApps.

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Overview

Project industry	Big Data & Data Storage
Product type	Platform
Whitepaper	Open

What is DeepCloud AI

DeepCloud AI is an AI-driven cloud computing platform designed for decentralized applications, namely, IoT and Web 3.0 dApps. The platform will offer a marketplace for computing and storage resources. This marketplace is supposed to enable companies and individuals to share their excess capacity. The solution envisages a Matching Engine that will automatically find suitable resources for application developers.

The team is issuing an ERC20 DEEP token that will be used for all transactions and incentives on the platform. Resource providers and application marketplace providers will get rewarded with DEEP tokens.

Details

Token supply: 80,000,000
Soft cap: 8,000,000USD (fiat)
Hard cap: 15,000,000 USD(fiat)

Legal

Blockchain Platform: Ethereum

Token info

Ticker: DEEP
Type: Utility-token
Token price in USD: 1 DEEP = 0.25 USD
Accepted currencies: ETH
Token distribution:
40% - Crowdsale Platform
20% - Reserves
15% - Bootstrap Initiatives
15% - Development Team
5% - Advisors
5% - Marketing Expenses
Funds allocation:
55% - Research & Product Development
12% - Marketing Communication
10% - Indirect Expenses
10% - Operations
10% - Contingency
3% - Contractors