Reading: Distributed Cloud Computing Platform Announces Cryptocurrency Crowdsale

Press releases Distributed Cloud Computing Platform Announces Cryptocurrency Crowdsale

Bitcoin PR Buzz | Mar 30, 2017 | 12:00

Press releases Distributed Cloud Computing Platform Announces Cryptocurrency Crowdsale

Bitcoin PR Buzz | Mar 30, 2017 | 12:00

Share, the distributed cloud computing platform has announced the dates for its upcoming crowdsale. The platform that has been on a crusade to change the future of computing will start offering the RLC tokens during the month-long ICO scheduled to start on April 12, 2017, at 1300 GMT.

The team behind has been working on a groundbreaking initiative that will allow individuals and enterprises to tap into the power of distributed cloud computing, better known as desktop grid computing. As it strives to break the dominion of academia over such facilities, the development team will fund its venture from the proceeds of the upcoming crowdsale. has set the crowdsale target to $2 million, which will go towards supporting the creation and launch of distributed cloud environment to meet the increasing need for computationally intense and decentralized business practices.

The crowdsale is open for cryptocurrency community members and investors. They can buy into the project by purchasing RLC crypto-tokens — the native currency of ecosystem with Bitcoin or Ether. The team is looking forward to launching the platform sometime later this year, complete with off-chain computation and DApps capabilities.

CEO, and Co-founder of Gilles Fedak

While announcing the launch of the crowdsale and the need for a distributed cloud computing system, the CEO and Co-founder of, Gilles Fedak was quoted in the platform’s press release saying:

The simple truth is that centralized cloud services are falling behind current demand for computing resources. The team knows this through our work at the leading edge of distributed and cloud computing. With blockchain we see how a new paradigm of cloud computing is not just possible but absolutely essential, to meet the current needs of cloud SaaS, PaaS and IaaS markets, and to meet the needs of the next wave of innovation such as High Performance Computing, Artificial Intelligence, Internet of Things, Blockchain Computing and other forms of distributed business. distributed cloud computing platform makes use of the powerful Ethereum blockchain and its smart contracts capabilities to manage the network. The smart contracts ensure that all participants in the network are well-compensated for their contributions in the form of rewards. It also automates payment transactions for the “give and take” of services on the network. Crowdsale

The team of renowned experts in the field of computing is working on making’s vision a reality. Creators of the open access platform include Gilles Fedak (Ph.D.) and Haiwu He (Ph.D.) known for their work on distributed computing, HPC and cloud systems design.

The platform will be free for anyone to join, with revenue models kicking in for a range of premium services availed by enterprise users. The platform further simplifies the smart contracting feature with ready-made contract templates that is set for release soon.

The platform already has a Proof of Concept in place, which has been successfully demonstrated. Gilles Fedak has been presenting the platform at various international events and conferences, the latest one being BlockchainUA conference in Kiev on March 17, 2017.  The next presentation will be at the Berlin Blockchain Expo scheduled for June 1 and 2, 2017.

Investors intending to be part of the blockchain-based computing revolution can find more information about the upcoming ICO here. Early bird investors also stand to gain 20% bonus, making the investment an exciting affair for them.

Images courtesy of, Shutterstock

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