Ellcrys (ELL)1 ELL = 0.08-0.1$
Ellcrys is a new blockchain that allows software developers and designers build software products and services together. Unlike centralized git hosting services like Github, objects (source code, images etc) are stored in a decentralized fashion allowing for censorship-resistant and trust-less collaboration. Open source contributors are compensated with new coins when they contribute to projects and they also earn revenue from projects they contribute to.
Current web service providers limit organization accounts to only support single owner/admin who is granted unlimited access to add and remove users and manage the account resources. We see this in services like Github, Stripe, Heroku and thousands more. This kind of account structure cannot work for future decentralized organization where there is no single owner, no leader, no trust and no headquarters. Just people from all over the world working together in an open, trustless, democratic organization structure building centrally or decentrally executed software products.
WHAT IS ELLCRYS?
Ellcrys |el-kris| is a blockchain network that will allow anyone in the world start, join or contribute to open source software products and receive compensation for their contributions. Users will be able to create decentralized Git repositories that are censorship resistant, highly available and can be truly owned by multiple persons. Repositories can include all kinds of codes for different purposes such as web services, smart contracts, mobile apps libraries/packages, frameworks etc.