Half of all proceeds from the Initial Token Offering will go towards a “Stability Endowment” for the ClearFoundation. This is a company, which has been at the forefront of promoting, defending, and helping to build blockchain technologies in New Zealand.
The other half of the funds will go towards the creation of a Utility Platform. This platform will be accessible via ClearCenter, which is a commercialization partner. To achieve this availability, ClearCenter will utilize its ClearNODE hardware, software, and services, based on the blockchain.
ClearNODE is designed as a backbone infrastructure, marketplace, and platform for digital currencies, blockchains, and tokens, which ensure that the blockchain nodes are reliable and secure. It is a combination of the ClearOS operating system, HPE ProLiant, and the ClearCenter software and services, which are delivered via the ClearOS marketplace.
The pre-sale for the CLEAR tokens already took place. Right now, the public is running. It started on March 13 and will end on July 4, 2018. For more than a decade, the ClearFoundation has been creating a tech ecosystem.
The aim of this ecosystem is to empower individuals to manage their interests and fight the irresponsible deployment and user of tech. Over the next five years, the Chairman of the CelarFoundation says the organization intends to raise NZD 1 billion via the sale of CLEAR tokens.
How the Funds Will Be Used
Half of the proceeds from the sale of the tokens will go to an endowment that will be useful in stabilizing the utility tokens and blessing lives of people globally. The rest of the funds will be used to create a reliable and secure platform. This platform will be used to deliver products based on the blockchain, services, and application. These will be availed via the ClearOS marketplace.
When combined with the ClearOS and the power of Hewlett Packard Enterprise, the potential is astounding. This combination will provide a great opportunity for developers to create a platform that has in-built Enterprise-grade blockchain security for all users. Everyone is welcome to become an active node on CLEAR network.
Background on ClearCenter and ClearFoundation
ClearFoundation was created in 2009 in New Zealand. The main focus of the company was the management and development source code and the repository of ClearOS. This is an open source OS. In 2009, ClearCenter was created in Orem, Utah. Its focus is to commercialize the ClearOS and other open source services and applications. This is whether the company or the community develops them.
Today, ClearCenter is a major independent provider of open source IT management services and software around the world. ClearCenter has more than 430,000 deployments, and it supports over 10.3 million users globally. Today, you can access over 100 unique open source services and applications that are accessible via the ClearOS marketplace.
In June 2017, ClearCenter announced a partnership with Hewlett Packard Enterprises. This partnership would allow ClearOS to be pre-installed on the HPE ProLiant servers. In November of 2017, it announced that it had acquired a leading provider of blockchain cloud-based storage in Austria Minebox IT Services.