INNERCORE: AN OVERVIEW OF THE ECOSYSTEM

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Innercore is a blockchain based application infrastructure designed for decentralized hosting of applications. Innercore offers developers access to decentralized computing resources powered by a collective of independent and unrelated devices located throughout the world. Each device is owned by an independent individual, and the total number of device owners within the collective is roughly equal to the number of devices. The individuals who own the devices are willing to power custom decentralized applications on behalf of developers in exchange for compensation. We refer to these individuals as providers and they are the backbone of the decentralized internet.

COMPONENTS OF INNERCORE ECOSYSTEM
• DEVELOPERS: Developers are responsible for creation of decentralized applications on the innercore ecosystem; requesting for decentralized computing resources as well as compensating providers.

• PROVIDERS: These are humans who provide decentralized computing resources to developers. Providers install and run developers’ applications on their personal devices. Providers are compensated by developers for their services. Providers in the innercore system can be likened to Miners in bitcoin blockchain, however providers power many use cases beyond cryptocurrency. This extends to sharing of decentralized file, decentralized live streaming, decentralized futures markets, decentralized databases, and many more.

• INNERCORE: Innercore forms and maintains relationships with developers and relationships with providers, implicitly serving as an intermediary between the two and invariably connecting the two via the Gateway. Innercore makes developers’ applications available to providers, helps monitor computing activity, and authorizes payment to providers from developers upon successful execution of computing services

TOKEN
The tokens used on Innercore ecosystem are known as CORES. They are utility tokens based on the ERC20 smart contract. CORES serves as a means of purchasing decentralized computing resources from providers, and providers in turn receive CORES as payment for their services. One of the ways by which the public gets access to innercore token (CORES) is during the public sale. CORE public token sales begins on 15th of August 2018 and ends on 31st August 2018.

STEPS AND REQUIREMENTS IN PURCHASING TOKENS
• Buyers are required to have an ERC20 compatible wallets such as MyEtherWallet, IMtoken e.t.c
• Send ETH to the following smart contract address: 0x25DF2EdC10A16f05E579d127A902Cac6FdFf940E
• Gas fee of 200,000 should be included for the transaction to be successful.
• Minimum Purchase: 10,000 CORES (0.1 ETH)
• Maximum Purchase: 2,500,000 (25 ETH)
• Buyers must not be residents of United states or China
• After token purchase, it is mandatory to complete a KYC procedure

For more information about INNERCORE, kindly visit:
Website: https://innercore.network/
Token sale link: https://innercore.network/sale.html
Whitepaper: https://do1hfiyolscl1.cloudfront.net/innercore_whitepaper_08.pdf
Facebook: https://www.facebook.com/innercore.protocols/
Telegram: https://t.me/innercore_protocols
Twitter: https://twitter.com/innercore_
ANN Thread: https://bitcointalk.org/index.php?topic=4470413.0;all
Writer’s Email address: [email protected]

INNERCORE: AN OVERVIEW OF THE ECOSYSTEM | Ecency