Crowd Machine Aims to Facilitate Creation of Decentralized Apps
The project aims to disrupt the multi-million dollar industry of decentralized apps by creating a platform for fast and easy blockchain apps deployment.
Blockchain, artificial intelligence (AI), and the Internet of Things (IoT) are undermining the current centralized business models, according to Maverick Research. It means that the market is in need of decentralized apps. VisionMobile forecasts that approximately 4.5 million developers will be contributing to IoT app development by 2020, which is 15 times as many as in 2014.
However, we still face one critical problem: the limited availability of skilled developers capable of delivering products and services that meet the ever-growing demands of the blockchain and cryptocurrency industry.
Crowd Machine's App Studio offers a way out by speeding up the process of building traditional and blockchain apps. The project aims to unify the world's surplus device processor capacity to create a highly capable decentralized cloud.
How Crowd Machine works
The concept revolves around the ‘Cloud Computer’. This is a decentralized peer-to-peer network distributed to the mobile devices of the Crowd Machine community.
The Cloud Computer is equipped with the Crowd App Studio - an efficient blockchain-based app builder technology. It is a user-friendly and functional solution for creating decentralized apps and blockchain smart contracts.
Crowd App Studio users will have access to Crowd Share, which is an extensive library of source codes created by the community. Thus, experienced developers can earn rewards when their codes run on the network, while non-developers will be able to speed up the process of building high-quality decentralized apps.
Craig Sproule, founder and CEO of Crowd Machine, comments:
"Embedded within this decentralized cloud is a revolutionary software app creation technology which enables developers and non-developers alike to create blockchain and decentralized apps at up to 45x the speed of conventional development approaches. The technology is blockchain agnostic. It allows apps to integrate with existing smart contracts and extend the functionality of those contracts to deliver contract robustness superior to that currently supported by existing technologies."
Crowd Machine ICO details
The public sale of CMCT, an ERC20 standard token, will run for a total of 417 days, including a seven-day no-sale break. The sale opens on April 1, 2018, and closes on April 20, 2018. After the scheduled seven-day break, it will re-open on April 28, 2018, and run until May 22, 2019. CMCT will have a fixed supply of two billion tokens.