Eggs Datacenter ICO (EGS Token): Blockchain Security & Billing?
Eggs Datacenter is a project that has created a distributed datacenter, which offers Workspaces-as-a-Service combined with blockchain security. The aim of this project is to help cut down the expenditure on computer equipment and make internet connections for businesses and consumers cheaper.
To achieve this goal, the company has combined the best technical capabilities from engineering, blockchain, and telecommunication. During the financing of the project, they relied on the EGS tokens. These funds enabled them to start creating an ecosystem that incorporates hostess, consumers, and ISPs globally. They offered a 20 to 50% discount on all tokens during the ICO. All the funds raised went towards the modernization of existing infrastructure and offering affordable internet connections for all. This is especially important in developing economies such as Russia, India, and China.
Th EGS tokens are designed as customer applicable tokens (CATs), which make it possible for the token holders to pay for an internet connection. Besides that, these tokens will be accepted by participating data center services. This project represents a great project for investors. It is also an awesome project for small and medium-size businesses, which could cut up to 50% of all their internet connection costs. Besides that, they could also save money that would have otherwise gone towards purchasing computers for the employees.
Eggs Datacenter Blockchain Protection
This is one of the most affordable concepts out there for getting a remote workspace that is protected by the blockchain. Best of all, it works whether or not you have a GPU. The datacenters can be accessed via a laptop, tablet, or smartphones. Users of the ecosystem can also be given EGS tokens as cash back, and they can use them to pay for their internet.
The Business Model
The focus will be on the developing nations of China, India, and Russia. The reason they chose these markets is that they show the potential for high yields for investors. Besides that, their Workspace-as-a-Service industries have great potential for growth.
The Economic Context Of The Project
The cloud market has been growing quite fast with annual growth of about 25%. Right now, the market can be divided into three:
This self-service model lets users manage, monitor, and access data center infrastructure remotely. It includes access to storage, networking, and networking services like firewalls.
The model is utilized by applications and other related developments while offering cloud components for the software.
This model entails using the internet to deliver applications that are managed by third parties. The interface for these apps is accessed on the client’s side.
According to Gartner, a few major companies such as IBM, Google, and Amazon operate the public clouds. Some estimates that 20% of IaaS market has the potential for the workspace-as-a-service services.
The telecommunications sector, estimated to be worth about 1.54 trillion USD is a major driver of economic growth. According to various estimates, 60 percent of all growth in this sector will come from the developing nations of China, India, and Brazil. This is why Eggs DC is concentrating so much on these markets.