Fog Coin ICO Review: Decentralized Cloud Computing

What is Fog Coin?

fogcoin ico reviewFog Coin is a decentralized platform where users can get paid for sharing their processing power. Users are rewarded with Fog Coin, which is used to help pay for computer power or can be traded on an exchange.

This project appeals to those who are attempting to utilize their computer. For instance, people who mine cryptocurrency will see the appeal of this ICO as it allows them to get paid for participating in the network.

Aspects

Here are a few aspects about this project that you should know:

  • Earning and Benefits: You can rent processing power on your devices when you’re done using them. You can benefit from the reliability and speed of a distributed network.
  • The computer is connected with services that need it: currency and c between the network members instead of relying on hosting providers.

Blockchain technology has made it easier for users to clear their transactions without having a centralized payment system. When using Fog Coin, the team helps users benefit from the resilience and speed of a decentralized network.

As a result, the workstations, laptops, phones, data center, and servers aren’t just depreciating assets. They have the ability to give users income and will play an important role in providing computer power for the exciting technology of the future.

What Issue Does it Solve?

The main problem that occurs within the computer industry occurs into how the computing power is transferred. There is a multitude of centralized centers that can store data, but it’s not beneficial to the user.

Fog Coin works with Active Aether in order to decentralize the computing industry by leveraging power from devices in our network. It then allows users to host software services while processing data.

When using the Fog Coin utility, users can turn their untapped computing power into a marketplace where they are rewarded for sharing their power. Thus, it’s a powerful project that can benefit you if your computer is strong enough to provide the necessary power for other users within the platform.

Token Sale Information

  • Website: View
  • Whitepaper: Read
  • Accepted Payment: ETH
  • Token Sale Date: TBA

Do you have any questions about this ICO?

Tell us in the comments below.

Disclaimer: Invest in any ICO at your own risk. Everything on this post is for informational purposes only.

Positives
  • Data Usage: With Fog Coin you can have the ability to protect your processing power through blockchain technology.
  • User Incentive: Users can obtain Fog Coin once they interact with each other on the platform and share power with each other.

Negatives
  • Token Sale Economics: We wish that the ICO had more information on Fog Coin’s usage and dates on which the sale actually occurs.

Fog Coin
3.5

Summary

To conclude, we can see Fog Coin being a more useful ICO in the future. If its team can work and follow its roadmap, it might be able to change the entire computing industry. But, it will have to further explain its purpose and goals in its whitepapers before any investors start to take it seriously.

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Adam Cole has been a crypto enthusiast for years. First getting involved in Bitcoin mining in late 2010, he has now diversified his portfolio and dug deeper into the alternative coins of the space. As new and exciting ideas arise in cryptocurrency, Jeremy is always looking for the next big thing and a coin which not only appreciates in value but also has a steady increase in use and demand. Jeremy has seen the rise of coins such as Ethereum and by studying the technical and fundamental side of ETH, he has learnt how to find similar coins that are likely to have a bright future.

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