Perlin

No category
A decentralized cloud computing marketplace that leverages underutilized computer power

Review for Perlin ICO

Idea & Token

Perlin is aiming to create a decentralized cloud computing marketplace by using underutilized compute resources from everyday devices, such as smartphones. By combining the computing power from millions of devices Perlin will get “a supercomputer in the palm of your hand”. The customers who provide spare computing power of their devices will get Perlin’s tokens called PERL. This scheme will be able to combat the current inflated pricing models and make supercomputing power affordable. In the end, the devices will collectively process complex algorithms in areas such as cancer research and artificial intelligence.
Guys in Perlin do remember that ledgers need to be fast, secure and scalable to support the development of DApps. So, they use their own native ledger – a directed-acyclic-graph (DAG) – with the Avalanche consensus protocol. This will provides the necessary scalability and throughput. The ledger will be fast (1,300 TPS), with leaderless consensus protocol, privacy-preserving, and ready for DApps.
PERL, their ERC-20 token, will be used to pay to the users who provide computing power of their devices. After the release of mainnet, the tokens will be swapped with native ones. For now, 47% of tokens were issued during the seed sale, the strategic sale, and the private sale. Information about next sale rounds will be announced later.

Team

The team consists of 13 specialists including 4 software developers (one of them is PhD), business developers, people from finance, community management, and communications. Two co-founders are Dorjee Sun and Kenta Iwasaki. Sun is an entrepreneur, co-founded 20 companies, an advisor to a number of crypto projects, was a COO at Sentiment. Kenta Iwasaki is a software and robotics engineer, worked at Naver Corporation (famous products – Naver and LINE), won about 20 international hackathons at Stanford University, IBM, US Department of State, EOS, etc. The advisory board includes 11 professionals most of which are investors and top managers at different companies.

Summary

Instead of extremely expensive supercomputers, Perlin suggests using underutilized resources of electronic devices we use every day. While you are carrying your smartphone in your pocket, it can earn tokens for you, so why not? Perlin uses DAG as a native ledger that showed good results in projects like Nano and IOTA, and promises a comfortable infrastructure for DApps. Though the guys don’t have a product yet, the written code was highly evaluated by OpenToken’s experts. Add here good hype, and we’ve got a picture of a very strong project.

Creating an affordable cloud supercomputer by using computing power of smartphones is a logical and reasonable idea. The guys from Perlin have got everything for the implementation, but don’t have a product yet.

Average rates for the project

4.8 / 5
Rating
5
Team
5
Vision
4
Product
5
Hype
-
-
-
3.5 / 5
Rating
5
Team
5
Vision
5
Product
-
-
-
-
-
-
-
-
-
-
-
-
High
Rating
-
-
-
-
-
-
-
6.4 / 10
Rating
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3.9 / 5
Rating
5
Team
5
Vision
4.5
Product
5
Hype
-
-
-

GitHub activity

Perlin ICO datesexport to calend


Whitelist
12.11.2018
12.11.2018
KYC
12.11.2018
12.11.2018
PreICO
12.11.2018
12.11.2018
PreSALE
12.11.2018
12.11.2018
ICO
12.11.2018
12.11.2018
12.11.2018
12.11.2018
12.11.2018

Funding

Token
PERL

About Perlin

Perlin is a directed-acyclic-graph (DAG)-based distributed ledger bootstrapping on top of the Avalanche consensus protocol, a Byzantine fault tolerant protocol built on a metastable mechanism to achieve high throughput and scalability. Natively, Perlin is armed with a decentralized compute layer, supplying it with a high-throughput engine that horizontally scales parallel computations. Perlin’s novel consensus mechanism and native general-compute engine makes it the fundamental protocol for powering thу global decentralized economy.