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EMC Protocol (EMC)

EMC Protocol is a blockchain and peer-to-peer network-based edge computing protocol that includes features such as smart contracts, decentralized storage, and consensus mechanisms for transaction validation.

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Overview

Project industryBlockchain Infrastructure
Product typeProtocol
FoundedSingapore
WhitepaperEMC Protocol White Paper Open

What is EMC Protocol

EMC Protocol aims to connect various servers, personal computers, and other devices to form a decentralized computing power network. It can serve as the infrastructure connecting decentralized computing power and dApps, providing users with more flexible, reliable, and efficient computing resources and enabling them to share computing resources and process data together.

The advantage of EMC Protocol is that it can integrate computing power and applications from different sources, enabling them to exchange and collaborate on a unified platform. It provides a computing power marketplace where users can access EMC Protocol's computing power sockets and search for suitable computing power or applications in the marketplace.

The EMC protocol and Openverse Framework are the technological foundation of the entire EMC ecosystem, while the EMC token provides the economic foundation. As an economic incentive mechanism, it encourages computing power providers to participate in the network and provide resources, while also incentivizing developers and users to participate in network construction and ecosystem development.

The EMC token is also used to pay for computing power transactions and smart contract execution fees, ensuring the operation and fairness of the entire system. The various parts of the ecosystem interact with each other, forming a closed loop, which allows the entire system to operate in a healthy manner.

Details

Pre-sale token supply: 105,000,000 EMC
Token supply: 2,100,000,000 EMC
Total tokens for sale: 315,000,000 EMC

Legal

Blockchain Platform: Internet Computer
Registration country: Singapore
Registration year: 2023
Office address: 283 Outram Road, Singapore, Singapore S169068, SG

Token info

Ticker: EMC
Type: Utility-token
Token distribution:
20% - Node Rewards
18% - Transaction Rewards
12% - Developer Rewards
15% - Treasury
5% - Advisors,Early supportors
5% - Seed/Public Sale
10% - Strategic offering
15% - Team

EMC Protocol Roadmap

1
Step1 Development of EMC protocol
  • Protocol layer development and open source
  • Algorithm for Computing Power Verification
  • Smart Router algorithm
  • Consensus algorithm
  • IC Smart Contracts for State Machine Rollup
  • Client for node service (Ubuntu, Mac, Windows)
  • Smart Contracts of Nodes Rewards
  • 13 Validators are elected and running
  • Nodes recruitment
2
Step2 Development of Computing Marketplace
  • More node networking
  • Algorithms for computing task allocation and scheduling
  • Smart Contracts for Computing Transaction
  • Transaction market for computing power
  • Application market for computing power
  • The application market for computing power
  • Reward mechanism of computing pool
  • Finance products of computing power
3
Step3 Development of Openverse
  • SDK and API
  • Sandbox testing environment
  • Samples of code
  • Developer Management Admin
  • Rules and smart contract implementation for developer rewards
4
Step4 Developer Community
  • Development of community DApp
  • Support for more AI training and development tools
  • Governance of EMC DAO

Project team

Alexis Zed
Alexis Zed
Co-founder & CEO
Alex Goh
Alex Goh
Co-Founder & Global Partner Market Development
Alex Goh linkedin
Shawn
Shawn
Technical Partner & CTO
Ping
Ping
Blockchain Architect

Advisors

Allen Foo
Allen Foo
Product & Technical Advisor
Allen Foo linkedin

Social media

EMC Protocol web-siteEMC ProtocolYouTubeEMC Protocol TelegramEMC Protocol LinkedInEMC Protocol TwitterEMC Protocol Github

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