Be A Part Of The Breakthrough In Cloud Services With Cloud Token


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Cloud Services is one of the biggest money spinners in the world right now. Billions of dollars are spent on these huge data centers around the world that are available for users for cloud services. While the technology has been applied in principle, the core philosophy of the technology still remains unaddressed. Instead of using distributed computing and truly decentralized approach, we are still stuck with big names and their expensive services in the form of a centralized model. Google, Amazon, Dropbox and others are just a few names that come to mind when you talk about huge data center projects.

Cloudwith.me is a new cryptocurrency-based company that aims to end the reliance on huge data centers eventually by providing cheap cloud services to people around the world. It includes areas who just cannot afford to have the costly cloud services that have become the status quo. The company is undergoing an Initial Coin Offering (ICO) right now with the biggest planned ICO offering in the history of cryptocurrencies. More than 30 million coins are being offered to the public just like an Initial Public Offering (IPO) and each cloud token currently costs $10. It is a one-time coin offering and the $300 million invested will be used to deploy the expensive infrastructure around the world to develop the cloud network.

According to CTO Asaf Zamir this project is

… … Changing the way we Internet … …

A term called GridNode is being used to describe the data points that will help enable a worldwide cloud services network. Anyone with extra storage lying around like old hard drives, external USB storage or even parts of their computer’s storage would be able to offer it to eventual buyers on the network. A percentage of the payment would be made to the Cloud Token’s parent company and all the token holders will get a share from the pool. So, it is just like investing in a regular tech company on the stock market except if there are any profits, you will automatically get your share through your Ethereum account. You can read their white paper here to have a measure of their technology.

It is a one-time coin/share offering and the $300 million invested will be used to deploy the expensive infrastructure around the world to develop the cloud network. A term called GridNodes is being used to describe the data points that will help enable a worldwide cloud storage network. Anyone with extra storage lying around like old hard drives, external USB storage or even parts of their computer’s storage would be able to offer it to eventual buyers on the network. A percentage of the payment would be made to the Cloud Token company and all the token holders will get a share from the pool. So, it is just like investing in a regular tech company on the stock market except if there are any profits, you will automatically get your share through your Ethereum account.

Currently, the way things are going, Cloud Token could become the most heavily invested cryptocurrency through crowdsourcing in history. This could be history in the making as decentralized computing is still considered a novel approach and hasn’t been applied at this level.

Once available to trade, you can trade the new Cloud Token at Crypto Coin Exchange.

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