Cryptoworld: ellcrys-The Blokchain for building open source software products and decentralized organizations

INTRODUCTION

Ellcrys is on a mission to create a new kind of organization structure that does not only allow for trust-less, leader-less software collaboration, but one that allows open source communities create real, honest businesses that solves real-world problems. Organizations that can compete with todays centrally administered businesses in terms of efficiency, scalability and impact. To achieve these goals, we will be relying on the ecosystem that will rise to support and grow the network. See More Here : https://bitcointalk.org/index.php?topic=2603585.0

THE PROBLEM

Current web service providers limit organization accounts to only support a single owner who is granted unlimited access to add and remove users and manage the account and all resources. We see this in services like Github, Stripe, Heroku and thousands more. This kind of account or organization structure cannot work for future decentralized organizations where there may not be a single owner or leader, no trust and no headquarters.

This is a fundamental issue that needs to be solved before decentralized, effortcentric internet organization is possible.

THE SOLUTION

On Ellcrys, a git repository is the centre of all collaborative endeavours. It is an organization. By default, it is multiowned, meaning there is no owner, no leader, no need for trust and no headquarter. Anyone can fetch its content, push contributions, verify and vote for pull requests and other proposals. A repository can receive payment for service offered or a donation. Contributors can collectively decide a revenue sharing and management model unique to a repository. The most popular version control service for developers. A platform for open organizations Assembly allowed people build community-owned software products. Shutdown in 2015. ALTER

WHAT IS ELLCRYS ???

Ellcrys is a blockchain that allows people around the world to build open, community-owned software products and democratic internet organizations. People from anywhere can offer their skills to an Ellcrys organization, participate in decision making processes, receive rewards for their contributions and gain reputation within the network.

ALTERNATIVES

COMPETITIVE ADVANTAGES

USE CASES

Decentralized Git Hosting

Ellcrys can be used as a version control system for software projects where decentralized ownership is a requirement. In the future, repositories of decentralized businesses or protocols (like bitcoin, ethereum) will be hosted on the Ellcrys network.

Decentralized Autonomous Organizations

Communities can build decentralized, effort-centric organisations around a git repository. These organizations can work on mobile applications, web apps/services, smart contracts, libraries etc. Decisions are made through a proposal and approval voting mechanism.

Software Outsourcing

Project owners can outsource their open source projects to millions of independent developers and be able to retain ownership of their repositories, create and distribute tasks and retain power to set price. Individual developers can complete tasks and earn rewards.

Paid Open Source Product

Maintainers of open source products can create branches and set a price to be paid by people who fetch the branches. Maintainer and individual developers can also earn coin reward for fixing paid software issues.

COIN

The Ellcrys network, like Ethereum requires a digital asset to work as a medium of exchange and to secure the network. This section describes our native cryptocurrency.

MARKETPLACE

Ellcrys marketplace is where service providers showcase and sell their products and services to Ellcrys organizations.

Although, Ellcrys organizations are decentralized, they are still able to purchase services through purchase proposals that gets approved by members.

All transactions will be paid using the native coin.

Some of the services to be available include but not limited to:

Web Hosting
Managed Database
Managed Marketing & Sales
Business Registration
Human Resource Management.

TOKEN SALE

To support continuous development of the Ellcrys project, we are having several token sale events designed for private and public investors. Below is information about the rounds of token sale.