PORT Network: The first P2P dApp linking cloud computing and voluntary computing on the blockchain
With PORT Network anyone with idle CPU and/or storage can earn PORT tokens
PORT Network is a new innovative, high-performance and globally distributed system for cloud and voluntary computing based on a blockchain.
It is a viable alternative to expensive cloud services, as well as a cost-effective option compared to expensive hardware and its maintenance requirements.
Because PORT Network combines volunteer computing and cloud computing in a revolutionary system. Being the first decentralized P2P application that unites cloud computing and voluntary computing on the blockchain.
Thus, everyone can allocate their free resources (computing power and/or storage space) and obtain a reward in the form of PORT tokens.
In PORT Network, anyone with spare capacity can participate, either from home or on their own server.
So high computing power consumers can purchase services much cheaper, and quickly deploy them in their own environment using standardized technologies.
In today’s world, many companies, often in scientific fields, require a high level of computing power. Often these are only necessary for a limited period of time.
The platform developers paid attention to a large amount of availability during development, so the client software is compatible with operating systems such as Windows, Linux, and MacOS.
Other implementations, such as Android, are currently being researched and developed.
Using standardized procedures, PORT Network allows both customers and consumers to easily connect to their own system.
In addition, the platform pays special attention to factors such as data protection and security during development.
The benefits that PORT Network offers
With the PORT Network anyone with idle CPU and/or storage can earn PORT tokens, which can be redeemed for additional computing power or exchanged for other cryptocurrencies, or fiat money.
In addition, the platform is kind to the planet, because PORT uses pre-existing computing power, which is imperative in today’s eco-conscious world, rather than generating new and unnecessary energy.
Another important benefit is that high-performance computing consumers can acquire PORT tokens and implement this enhanced power on their own systems quickly and cost-effectively.
It also provides a much less expensive alternative to cumbersome existing cloud services.
The PORT Network proposal is attracting the attention of the crypto community and that is why several recognized specialized media have reviewed the arrival of this platform, such as Bitcoin.com, CoinGape, Yahoo! Finance, AMB Crypto, News BTC, among others.
This is how the platform can be used
The PORT Network software consists of two parts. The first part is for clients who want to participate in the system and are willing to make their available capacity accessible to the network to earn PORT tokens.
This software client is open source and therefore is not subject to a commercial license.
As an open source project, everyone is given an idea of the source code and at the same time the opportunity to further develop and improve it, as part of the community.
The second part is intended for consumers, that is, the firm’s clients.
This is based on established technologies and can easily be integrated into your own system if you are interested. The software will also be available on GitHub.
PORT Network will provide documentation for installation, usage, and all other questions separately at the start of the project.
In addition, it puts an online calculator for both consumers and customers. Consumers can choose configurations and specify the number of flops required during the required time.
Then a cost estimate is shown to the consumer in the form of PORT tokens. These can be reserved and used as a package. In the personal login area, you can see the statistics about the usage and the services that are still available.
Clients can also calculate their expected income in advance. Entering the compute power and any free storage space shows the daily revenue.
So that customers with a larger farm do not have to pay an unnecessary GAS fee, the customer can also set the desired payment interval in addition to their wallet settings.
Customers who have a small amount of capacity, or who are only testing the system briefly and do not meet the minimum payment, are registered by the system every 14 days and are automatically paid.
If customers cannot estimate their capacity in the form of computing power (CPU and GPU) in advance, they can test the performance of a system using a small benchmark tool they have developed.
This is to allow clients to calculate revenue as accurately as possible up front, allowing them a solid overview of the system.
The PORT token
The PORT token is the PORT Network’s native ERC20 token. Anyone can sell their unused server space on the network DApp and earn the cryptocurrency as a reward, while on the other hand, people can use this currency to buy this space from sellers.
This asset will be sold exclusively on the platform’s website.
Simply click on “BUY TOKENS PORT” at the top of the site, sign up with an email, and after confirming, you are ready to buy the first few PORTs in the initial offering (ICO).
The PORT tokenomy is based on a supply of 100,000,000 units, divided as follows :
- 50% presale.
- 25% marketing and recommendation system.
- 10% founders and team (2-year token lock).
- 10% advisers.
- 5% rewards.
The ICO in 50 phases
The PORT Network ICO is divided into 50 phases and with each phase the token becomes more expensive. So the sooner you buy, the less you pay to participate.
In the first phase, the price per PORT was $ 0.20, in the second phase it was $ 0.21, and finally, in phase 50, it will be $ 0.69. The PORT token will then trade at a price of $ 0.80.
Right now, the platform accepts as payment method Bitcoin (BTC), Ethereum (ETH), USDT / USD Tether (ERC20), DASH (DASH), Binance Coin (BNB), Litecoin (LTC), Ripple (XRP), Tron (TRX) and Bitcoin Cash (BCH).
When all 50 phases are completed, the initial offering pre-sale will end and the PORT will be listed on various decentralized and centralized exchanges. Port Network has established a maximum limit of $ 22,500,000, the deadline for this is the fourth quarter of 2021.
Should the initial offering become stagnant for a long time without further investment, the firm will let the community vote on the possibility of an early termination of the ICO.
If the community votes in that direction, the initial offering will stop immediately, the unsold PORT tokens will be destroyed and the cryptocurrency will trade at the price of the last phase.
The PORT Network ICO is totally safe thanks to the fact that it is a regulated company in Germany, under the commercial registration number HRB 91395, which leads it to comply with the highest regulatory standards. Unlike other shady LTD companies in the UK.
The referral system
With the PORT Network referral program, you can earn extra PORT tokens by inviting friends and acquaintances to the network.
As soon as one of the friends who has been invited makes a purchase, a commission of 20% will be received and the guest will have a commission of 10% of the value of the purchase in PORT tokens.
PORT Network in the future
The third quarter of 2021 already saw the launch of the sale of the platform’s PORT token , with which the cryptocurrency is available for purchase, for later use within the platform.
However, the launch of the software is planned for the fourth quarter of this year, as well as the inclusion of the PORT in DEX and CEX, which allows token holders the possibility of exchanging the currency on exchanges.
While for the first quarter of 2022, a television advertising campaign and continuous online marketing presence will begin, once the token sale is completed.
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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of CriptomonedaseICO, and should not be attributed to CriptomonedaseICO.
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