CloudBTC

CloudBTC is worlds first autonomous and fully decentralized mining system which facilitates crypto mining using cloud services. This introduces an alternative Proof-of-Stake (PoS) model, making users benefit from mining without the use of conventional and enormously expensive gear. Rather than using conventional mining, however, the platform enables staking through smart contracts to allow users to make rewards while ensuring continuous network operation.

Project Goals and Objectives

CloudBTC is missioned to make cryptocurrency mining open to common people, even who has much knowledge in technology. The purpose is to abstract the complexity of staking and facilitate a low barrier entry where users can earn rewards while still using their beautiful seamless UI. CloudBTC aims to provide a safe environmental-friendly but also independent manner to mine digital currencies by utilizing blockchain technology.

Tokenomics

Tokenomics of CloudBTC is designed to support an ecosystem that can remain healthy through all phases. The network employs a staking system that incentivizes users to stake their token rewards based on the quantity of tokens they own, the length in which they stake their holdings and how long after a contribution is initiated. With this system, there is no need for the traditional mining hardware and energy usage that has generated a significant amount of concern about the environmental impact of earning cryptocurrency.

ICO Information

CloudBTC is selling tokens in their ICO (Initial Coin Offering) to most of the early investors that will be used to stake and get rewards. The ICO is designed to be equally appealing to expert investors and new investors by providing attractive pricing along with long-term incentives. The ICO will be scheduled and pricing details can be found on the official website​.

Technology Features

CloudBTC is built on next-gen blockchain technology which works for transparency and security also decentralized. It supports the use of smart contracts to automate staking processes and reward distributions. This removes the intricacies of mining and leads to rapid transactions with less computational intensive-power.

Team and Leadership

The team is made up of blockchain experts, experienced cryptographers and business leaders who lend their knowledge and expertise to the project. Together, they work towards developing a sustainable proof-of-work model that solves these problems with mining cryptocurrencies. The leadership team is a vision of bringing digital mining in a easy, secured and environmentally friendly way.

Roadmap

CloudBTC has a detailed roadmap that breaks down planned accomplishments for developing and expanding the service. In terms of future goals, they want to focus on the first two, improvement in user experience and more staking cryptocurrencies trading but security is always at the top on every deployment. It includes a discussion of further plans for community engagement and more partnerships that will help get us there.