Overview

Ankr provides a computation-resource-efficient blockchain and an integrated data feed system leveraging both cryptographic primitives and trusted hardware.

Project stage

Only a whitepaper

Detailed description

Cloud Computing is projected to be a trillion dollar market, yet it is monopolized by some of the largest tech conglomerates in the world. Only these giants can afford the high human capital cost and upfront server costs, but this only results in a higher margin for customers.

Current Cloud Computing platforms lack incentives model for people to contribute their resources.

Ankr's innovations include:

  • Proof of Useful Work (PoUW) Consensus Protocol
  • Distributed Cloud Computing (DCC) Platform
  • Seamless interface of oracle service
  • Multi-chain structure supporting consortiums

Ankr Network proposes a novel blockchain solution that addresses the current barrier to mass business adoption:

  • Resource-efficient mining scheme based on Proof of Useful Work
  • Scalable Blockchain framework through Plasma sidechains and sharding
  • Native oracle service connecting real-world data of existing Internet solutions to on-chain entities.

With this piece of technology, Ankr is able to bridge the gap between the real world and the blockchain. The Ankr's permissionless blockchain framework can support an ecosystem of decentralized autonomous applications. We envision that these applications include global P2P payment system, personal credit system, and most importantly, tokenization of real-world assets that were once illiquid (sublease rental contract, real estate ownership, art piece, wine, etc.).

Problem

Cloud Computing is projected to be a trillion dollar market, yet it is monopolized by some of the largest tech conglomerates in the world. Only these giants can afford the high human capital cost and upfront server costs, but this only results in a higher margin for customers.

Current Cloud Computing platforms lack incentives model for people to contribute their resources.

Solution

Ankr Blockchain is a revolutionary multi-chain and useful-work based blockchain with native authenticated data feed. Ankr Blockchain provides an innovative solution to the following problems:

  • Proof of Useful Work (PoUW) allows for a self-sustainable blockchain framework with the potential to unlock idle computing power around the world, forming a decentralized super-CPU
  • Native authenticated data feed with standardized API enables simple real-world business adoption
  • Multi-chain Plasma implementation allows different applications to handle application-specific smart contracts on individual child chains, preventing transactions from overloading the PoUW-based main chain

Features

Ankr will unlock new potentials with the following innovations:

  • Standardized APIs for connecting to existing business-ready Internet solutions
  • Speed and scalability from a novel blockchain architecture
  • Security and confidentiality enabled by trusted hardware
  • Environmentally efficient mining and sharing of computing resources
  • Reliable native oracle service
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : ANKR
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 15,950,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :10,000,000,000 ANKR
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open(Start Jul 30, 2018)
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA
      • Token Distribution

          Vesting notes

          • Team and Advisors: Monthly vesting will start 7 months after the listing date and will span three years

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Second Pre-sale Tranche — Ended
    Start Soon
    0.0055 USD No - Uncapped Uncapped
    Public sale — Soon
    Start Soon
    0.0066 USD No - Uncapped 3,300,000 USD
    First Pre-sale Tranche — Ended
    Start Soon
    0.0044 USD 50% - Uncapped 14,500,000 USD
    Second Pre-sale Tranche

    Discounted 0.0044 USD per token for investors who agreed to a 6-month lock up period.

    First Pre-sale Tranche

    First Pre-Sale tranche

    • Amount: 0.5 Billion Ankr Tokens (representing 5% total Ankr Token Supply)
    • Price: $0.0044 per token; $0.0033 per token, for investors who agree to a six month lockup period

    Second Pre-Sale tranche

    • Amount: 2.5 Billion Ankr Tokens (representing 25% total Ankr Token Supply)
    • Price: $0.0055 per token; $0.0044 per token, for investors who agree to a six month lockup period

    Locked/Unlocked Token in Private Pre-Sale

    • 0% unlocked (~110 investors across the globe subscribed to unlocked tokens)
    • 40% locked for 6 month (~70 strategic partners across the globe subscribed to 6-month locked tokens)
    • ~150 total investors
    • ~40 investors ONLY subscribed to locked tokens
    • *Note: in Private Pre-Sale, one could subscribe to both locked token and unlocked token
    Read more about vesting and bonus
    • Team

      • Chandler Song photo
        Chandler Song
        Co-founder & CEO
      • Stanley Wu photo
        Stanley Wu
        Co-founder & CTO
      • Ryan Fang photo
        Ryan Fang
        Co-founder & COO
      • Song Liu photo
        Song Liu
        Chief Security Engineer
      • Yan Xiu photo
        Yan Xiu
        System Architect
      • Quanlai Li photo
        Quanlai Li
        Blockchain Engineer
      • "PEERCHEMIST" photo
        "PEERCHEMIST"
        Blockchain Researcher
      • Akash Khosla photo
        Akash Khosla
        Blockchain Researcher
      • Stephen Liu photo
        Stephen Liu
        Blockchain Researcher
      • Rahim Noorani photo
        Rahim Noorani
        Business Development
      • Michael Cheng photo
        Michael Cheng
        Software Engineer Intern
      • Yige Liu photo
        Yige Liu
        UI Designer
    • Advisors

      • David P. Anderson
        Technical Advisor
      • Ramsey Hanna
        Legal Advisor
      • JZ Zhang
        Technical Advisor
      • Christel Quek
        Marketing Advisor

    Roadmap

    • Q4 2017 - Q1 2018

      Project Research

    • Apr 2018

      Proof of Concept

    • May 2018

      Private sale

    • Jun 2018

      Whitepaper Release

    • Jul 2018

      Prototype Release

    Activity

    Social