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Ratings Ellcrys

Decentralized Version Control System

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.

3.4
5 expert ratings
3.4
4.0
3.1
3.2
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Unknown
Token
ELL
PreICO Price
1 ELL = 0.08 USD
Price
1 ELL = 0.1 USD
Bonus
Available
Accepting
ETH, BTC
Minimum investment
0.1 ETH or 0.05 BTC
Country
More on ICO
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Ratings

Igor Karavaev
ico advisor and investor
Rated on Apr 27, 2018
4
1
4
8%
This rating's weight is reduced by 50% as there is no review added.
Douglas Lyons
Board Advisor- Early Adoption and Strategic Partnerships
Rated on Jan 17, 2018
3
2
1
16%

Whitepaper isn't actually a whitepaper at all. It is in fact a ppt presentation.
Platform does not become functional until Q4 2018.
Best estimate according to info $400mil usd hardcap? no chance...
too narrow of an adoption demographic for this to be a good investment.

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Kennedy IdialuICO team member replied on 17 Jan 2018
> Whitepaper isn't actually a whitepaper at all. It is in fact a ppt presentation.
Please take a look at the technical paper. https://storage.googleapis.com/ellcrys-docs/Ellcrys-Whitepaper-Technical.pdf. The ppt version is designed to give users a simple overview of the project.

> Platform does not become functional until Q4 2018.
I think it is a reasonable time to develop the first blockchain for software collaboration where we are working on a number of interesting concepts like stackmint, sharding, git decentralization, quantum token signature money, smart contracts and more. We are spending time researching, consulting, developing and testing. We will not compromise on the quality of the project and security.

> Best estimate according to info $400mil usd hardcap? no chance...
Please take a look at https://token.ellcrys.co for updated information.

> too narrow of an adoption demographic for this to be a good investment.
This is not true. Take a look at the most recent Github statistics:

- Total users: 24 million
- Total Organizations: 1.5 million
- Number of Repositories: 67 million

These numbers tells us that developers are constantly using Github to collaborate. Now, Ellcrys as a decentralized alternative will include most of the features provided by Github and will attract a good number of these users who care about openness, decentralization and governance. We also give them the ability to move beyond build software, but services. There is no where developers are able to build services while remaining leaderless and decentralized.

Demand for tokens will be driven by:
1. Developers paying transaction fees to interact with repositories.
2. Developers charging fees for access to user-facing or enterprise services.
3. Outsourcing firms paying fees for tasks completed by developers.
4. Regular p2p transactions.

An idea of possible token demand scale, Github received about 1 billion commits in 2017. Now if that were to be on Ellcrys, each commit requires a small fee which must be paid to prevent abuse. Demand is great for investors.

Furthermore, an Ellcrys organization can easily build a software/service that could attract millions of users who may be required to deposit the tokens before they gain full access. This is also demand for the native token.
Nathan Christian
Blockchain Technology Consultant
Rated on Jan 4, 2018
5
4
4
16%

Great team, Good luck guys!

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+2
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Kennedy IdialuICO team member replied on 17 Jan 2018
Thanks for your support :)
P.B. Stanton Esq.
ICO Advisor | Securities & Banking law | Former US Marine JAG Officer
Rated on Jan 4, 2018
5
5
4
13%

Outstanding! Nicely done.

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Kennedy IdialuICO team member replied on 17 Jan 2018
Thank you for your support!
Cem Goksel Ozargun, MA, PMP, CSM, PSPO
Blockchain Advisor, Blockchain Expert, ICO Investor, Product Manager, Project Manager, Trader, Lecturer, Jack of All Trades
Rated on Jun 22, 2018
3
3
4
11%

This is one of the projects most have missed but I have invested.

I actually believed in the success of the project but it disappointed me.

I'm not very sure what is going on now, as the team is not that much transparent but they are continuing the development as it seems.

I still haven't lost hope and I am sure that this project is a good alternative to Github acquired by Microsoft.

Good luck guys!

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Benchy
ICO analyzer bot
3.4
36%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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Kennedy Idialu
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