Our Mission

We are building the only truly decentralized,
heterogeneous cloud platform powered by blockchain.

We believe that cloud is the next industry ready for major disruption. Millions of computers are under-utilized because there is no infrastructure for the efficient trading of computing resources. We are building the transparent, decentralized and cost-effective cloud platform, powered by blockchain technology, enabling the next-gen decentralized applications and contracts.

There are approximately 3.6 million zombie servers in the United States; worldwide, the total could be as high as 10 million.

Tech Target

New data supports finding that 30 percent of servers are ‘Comatose’.

Partner, Anthesis Group

Overview

Unchainet Platform

The UNCHAINET platform will create a new heterogeneous cloud hosting marketplace by bringing together companies/individuals (providers) with available computing resources (servers, server blades, mining rigs, etc.) and those who need them (consumers).

Providers can join the platform easily by installing the Unchainet software which will grant them immediate access to the global market.

For consumers demanding computing resources, joining the platform means getting access to vast computing power at highly competitive prices.

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Because of the underlying technology (Kubernetes, Docker), consumers with existing containerized applications will be able to switch to Unchainet without additional costs and use existing standards. Our underlying platform with much lower pricing uses the same technology as the existing cloud computing providers they are already using.

But that’s not all. Building the extensive network of server nodes will allow us to offer other services built on top of the Unchainet platform including independent modular dApps.

Services

How can you use it?

Unchainet is global, transparent and decentralized cloud platform for running your workloads, digital products and web services.

Spot Computing

Spot Computing prices are formed purely by supply and demand. The workload can be stopped anytime if there is a higher bid. This option is the most cost-efficient way to run workloads.

On-Demand & Long-term Computing

A client can exclusively book computing resources for the predefined time.

Fast Decentralized Blockchain Platform

Unchainet PaaS allows developers to create custom solutions on top of blockchain technology.

Technology

What is under the hood?

We are building a next-gen platform with cutting-edge and open-source technologies.

Kubernetes & Docker

Open-source system for automating deployment, scaling and management of containerized applications.

QoS Chain

Unchainet monitors quality of individual nodes in the network with QoS (Quality of Service) Chain – blockchain for measuring and transparently storing node reputation data in the public distributed ledger.

UNET blockchain

Blockchain platform inspired by Tendermint blockchain, Hyperledger Fabric, and Red Belly Blockchain technologies which made great progress on on-chain transaction speed.

Proof of Beneficial Work

The consensus algorithm for the UNET blockchain is called Proof of Beneficial Work (PoBW). It's unique as providers are incentivized by running a superior service (validated by QoS chain) and not by validating transactions. This allows zero-fee transactions on UNET chain.

Use Cases

What tasks and applications can you run on Unchainet?

If your application can be containerized, you can run it on Unchainet. Moreover, dApp ecosystem will bring new possibilities and opportunities for next-gen decentralized apps.

Big Data Processing

Server Application Hosting

Website Hosting

AI Training & Machine Learning

dApp Ecosystem (Payments & Identities)

Tokens

Token Sale

UNET tokens are ERC20 standard tokens used to facilitate compute resource trading on Unchainet platform. After launching our proprietary blockchain, ERC20 tokens will be migrated in 1:1 ratio to Unchainet blockchain platform and will power fast micro-transaction payments solution.

Name

UNET

Hard Cap

18,000,000 USD

Max Supply

200,000,000 UNET

Acceptable currencies

ETH, BTC, USD

Sale Rate

1 UNET = $0.23 USD

Min Purchase

$100 = 435 UNET

Token Distribution

    Use of Funds

      Roadmap

      The Timeline

      With help from our teams, contributors and investors these are the milestones we are looking forward to achieve.

      MVP

      Unchainet Web Console

      Unchainet changes the way computing resources are traded around the world. Unchainet Console is a comprehensive administration tool to manage and launch your applications and workload with just a few clicks.

      MVP Beta Released Q2 2018

      Typical tasks you can do in Unchainet Web Console:

      • Rent & manage computing resources
      • Top up your wallet with UNET tokens
      • Billing reports
      • Price history reports
      • Providers can check usage and revenue
      Demo
      Our Team

      The Leadership Team

      The Unchainet team combines a passion for cloud, blockchain, industry expertise & proven record in finance, development & marketing.

      Roman Mandryk
      Roman
      Mandryk
      Founder, CEO
      team

      Roman Mandryk

      Founder, CEO

      Business and technology professional in software development, cloud and blockchain fields with more than 10 years of experience. Roman is on the mission to revolutionize the cloud industry.

      team
      David
      Kvas
      Founder, CTO
      team

      David Kvas

      Founder, CTO

      Experienced solution architect and team leader working on multiple projects for startups and corporate organizations. He is a passionate technologist, who wants to change public cloud industry by harnessing the power of blockchain technology. Founder of Node Vision. Start-up advisor & investor.

      team
      Martin
      Jones
      Blockchain Lead Developer
      team

      Martin Jones

      Blochain Lead Developer

      Experienced enterprise software developer, trouble shooter and a blockchain geek with 15+ years of experience. Founder of hybris intellij integration project.

      Joey Jones
      Joey
      Jones
      Chief Revenue Officer
      Joey Jones

      Joey Jones

      Chief Growth Officer

      Many years of sales and business management experience building sales teams and companies. Former Registered Investment Adviser with 37 agents geographically dispersed and built business from $0 - $50m+ portfolio. Working in computing space for the last 10 years and blockchain since 2016. Joey connects quickly with any target market and communicates well with all parties and publicly..

      Marko Haulis
      Marko
      Haulis
      Business Consultant
      team
      Martin
      Torok
      React Lead Developer
      Martin Torok

      Martin Torok

      React Lead Developer

      Martin is a professional in the field of software development with a strong full-stack development background. He has a high level of expertise in working with various technology stacks, system integration, data integration, public cloud and web services.

      During his career, Martin worked in both public and private sector as a developer, lead developer or as a consultant. Among his clients, there are companies like National Prescribing Service, Genesis Care, The MAC Group, Cancer Council Australia, Citibank, and others.

      Currently focusing on React.js and React Native.

      Robert Luong
      Robert
      Luong
      UI/UX Designer
      Robert Luong

      Robert Luong

      UI/UX Designer

      UX/UI Designer that have extensive experience in User Centric Design Methodology. Had worked in startups, software and corporate organizations with a passion to make better interaction between user and interface.

      Stepan Hilbert
      Stepan
      Hilbert
      System Engineer
      Matt Fuchs
      Matt
      Fuchs
      Chief Growth Officer
      Justin Chevalier
      Justin
      Chevalier
      Community & Business Manager
      Andrey Mikhaylov
      Andrey
      Mikhaylov
      Full Stack Developer

      The Advisory board

      Omar Hannoun
      Omar
      Hannoun
      ICO Strategy Advisor
      Omar Hannoun

      Omar Hannoun

      ICO Strategy Advisor

      Seasoned professional, driven by passion is crypto and blockchain, from when they were a trivial matter back in 2010, to their recent development and more mainstream adoption. This field has opened new doors and presented us with opportunities to enhance efficiency and transparency. Been interested in the space from mining in 2011, trading in 2014 and investing (helping launch) ICO's as of 2017.

      Zennon Kapron
      Zennon
      Kapron
      Business Development Advisor
      Zennon Kapron

      Zennon Kapron

      Business Development Advisor

      Zennon is a recognised thought leader on fintech in Asia and a regular speaker at financial conferences globally including: Money 20/20, TradeTech, Sibos, SIFMA, Innovate Finance, Future of Fintech in Asia, APFIC and many others. He has testified in front of the U.S. Congress on matters of China Fintech and is regularly quoted in the press and television appearances including CNBC, Bloomberg, The Economist, Wall Street Journal, New York Times, Financial Times to name a few. Zennon is the author of 'Chomping at the Bitcoin: The Past, Present and Future of Bitcoin in China' published by Penguin as well as countless reports and commentaries on the state of financial technology in Asia.

      Mo Hamdouna
      Mo
      Hamdouna
      Marketing & PR Advisor
      Mo Hamdouna

      Mo Hamdouna

      Marketing & PR Advisory

      Mo Works is a full-service creative agency delivering strategy, media and communication design across all digital and traditional platforms. Melbourne based with a global outlook, they have their hands wrapped around the world.

      With his team, they have contributed to over $35mil in funds raised from the public to their clients and partners in the crypto and ICO space.

      Wayne Jasek
      Wayne
      Jasek
      Business Development & Strategy
      David Havrlant
      David
      Havrlant
      Crypto-economy Advisor
      Petr Safranek
      Petr
      Safranek
      Financial & Tax Advisor
      Giovanni Casagrande
      Giovanni
      Casagrande
      ICO Advisor
      Iurii Znak
      Iurii
      Znak
      B2B Marketing Advisor
      Nicholas McDowell
      Nicholas
      McDowell
      Blockchain Tech Advisor
      Denis Mikhalkin
      Denis
      Mikhalkin
      Cloud Tech Advisor
      Faqs

      Frequently Asked Questions

      Below we’ve provided a bit of STO, STO Token, cryptocurrencies, and few others. If you have any other questions, please get in touch using the contact form below.

      Why is UNCHAINET using blockchain instead of a centralized database?

      Using blockchain technology (QoS chain and UNET chain) brings trust and transparency between clients and providers and fast peer-to-peer contracts and transactions.
      It's a backbone technology for platform users, but very important for the community to see the network size, volumes of contracts and tamper-proof quality of provider nodes.

      What differentiates UNCHAINET from its competitors (centralized and decentralized)?

      Centralized - AWS, Azure, GCP - large companies dominating the industry have pioneered the public cloud as a way to save money for clients. These days they have high profit margins and over-sized market penetration creating a challenge to existing small and medium size businesses. This is the major problem UNCHAINET solves.
      Decentralized -Our major difference in the blockchain/crypto space is that our competitors create a proprietary platform which is hard to use for existing cloud clients. UNCHAINET eliminates the friction associated with the staff training by using open source technology and bridging interfaces to allow simple migration from existing platforms. Our first niche market is a spot pricing infrastructure, which is increasingly popular between existing cloud clients and where we are the first to market and the only company with this strategy so far.

      Does heterogeneous versus homogeneous really matter?

      Homogeneous - AWS, Azure, GCP – the large companies that dominate the cloud computing space are all based on a homogeneous network. This means that all of their servers are the exact same and all clients pay the same price. This keeps pricing simple for the providers but doesn’t give clients any options.
      Heterogeneous - The Unchainet network is built on a Quality of Service (QoS) blockchain. QoS monitors all nodes on the network and ‘grades’ the nodes based on a proprietary monitoring system. Poorly graded nodes will be removed from the network and others graded in levels. Offering differing quality nodes or a heterogeneous network gives clients the ability to choose the level of service they require and no higher reducing costs by up to 90%.

      What's the technology behind Unchainet blockchain and the Proof of Beneficial Work?

      We plan to base our blockchain on existing and proven blockchain technology - Tendermint blockchain. This brings great elements of modularity and speed but we will swap their Proof of stake algorithm for our Proof of beneficial work. PoBW is a new way to guarantee decentralization not only on the algorithm level, but also on the actual geo-distribution level. (So there is never a large concentration of voting power in one country or region). Unchainets blockchain will be the first blockchain powered by an underlying crypto-economy and is planned to enable zero-fee transactions.

      Can anyone become a provider/miner/validator?

      Yes, anyone with server grade computing power and an internet connection can become a provider. Becoming a blockchain voter (validator/decider) is a privilege which can be earned by providing a high quality service (high availability, high internet speed, compliant voting…) for a period of time.

      Could you explain more about the technology behind Unchainet blockchain and Proof of Beneficial Work (PoBW)?

      We plan to base our blockchain on existing and proven blockchain technology - Tendermint blockchain. This will bring great elements of modularity and speed but we will swap their Proof of stake algorithm for our Proof of beneficial work. PoBW is a new way to guarantee decentralization not only on the algorithm level, but also on the actual geo-distribution level. (So there is never a large concentration of voting power in one country or region). Unchainet’s blockchain is planned to be the first blockchain powered by an underlying crypto-economy which will enable zero-fee transactions.

      When will the platform be released? What is the timeline?

      Beta (MVP) was released in Q2 2018 and the Production model is planned for Q2 2019.

      As a consumer, how can I buy server/computing resources on the UNCHAINET platform?

      First create an account on console-demo.unchainet.com. Then follow the in-app tour to launch your workload.

      How does bidding for computing resources work?

      UNCHAINET launches with a bidding platform using a Vickrey auction system where bidders secretly bid the maximum value they are willing to pay for computing resources and then pay the price of the second-highest bid. When a higher bidder comes in, the running workload is paused until the higher bidder finishes or the initial bidder raises the max price they are willing to pay. This system is increasingly popular on other centralized cloud platforms as a way to save on computing.

      Are the funding funds and new token funds locked up? For how long?

      Funding funds are not locked up, however there is a strict plan in place for how to use them (see Whitepaper - cost & revenue model). If you are an investor buying tokens outside of the US there will be a 40 day lockup period per SEC guidelines. If you are an accredited investor within the US then the tokens will be locked up for 1 year also per SEC guidelines. Team tokens are locked for 30 months with a gradual release every 6 months.

      What is the governance structure for new development updates?

      Similar to Ethereum governance structure. Software is open source and everyone can contribute while the steering committee of senior developers and business leaders accepts contributions. Providers can accept or refuse new versions of the software. Consumers will directly or indirectly drive new features.

      Do you really need a new token for this? Why not use BTC, ETH, LTC, etc.

      We need a new blockchain which doesn’t limit our network by high fees, slow speeds and not enough modularity which requires a new token.

      If UNETs are stolen, can they be retrieved or are they lost forever?

      The main UNET chain will be immutable and there won’t be any forks – there will be no way to retrieve funds.
      Unchainets modular blockchain technology will allow developers to program custom blockchain dApps with custom rules making it possible to create new tokens with various features common in centralized payment systems.

      If the token will have its own blockchain, how will it incentivize miners/validators to mine/validate transactions?

      Mining/validating is decoupled from the incentive. The incentive is to provide resources for cloud consumers. Providers are incentivised with higher returns by running their computers with high availability, internet speed and compliant voting for a period of time.

      How easy is it for users to install the wallet? Does UNCHAINET even have a wallet?

      UNET starts as an ERC20 token and multiple wallets are currently available. We plan to release mobile, desktop and web based easy to use wallets after the main chain is released. Wallets are planned to be light (no local copy of blockchain) with auto discovery of the nearest node.

      How easy is it for developers to develop on the open source? How does UNCHAINET plan to make it easier?

      Using familiar tools like github for source code versioning and issue tracking and providing test networks and helper tools for developers.

      How is this token protected against a DDoS, Sybil, 51%, etc attack?

      Assuming Unchainet blockchain has at some point 10,000 participating high-quality providers and it runs 500 voting nodes (1/20 ratio) and it takes about 1 month of high-quality service to become a participating node, an attacker would have to connect at least 5,000 nodes to the network in several geographical locations for a period of more than 1 month to put the network in danger. (⅓ of byzantine nodes - 5000/15000). That’s too high a cost to be profitable for Sybil attack or to DDoS the network.

      If the token relies on another blockchain (i.e. Ethereum, Omni, NEO) how will the token grow if the underlying chain fails, is attacked, spammed, or vulnerable/slow/expensive in some way?

      N/A (We will migrate ASAP to our custom blockchain)

      UNCHAINET is using a new consensus protocol, how can we be sure that it is safe?

      Unchainet blockchain will consist partially from proven and tested technologies like Tendermint for the BFT consensus. Partially it will introduce new technology like QoS chain and geographical distribution of consensus nodes. These technologies will be thoroughly audited before the main net launch and high bounty bug finding rewards will be written up.

      HHow private are transactions?

      Unchainet modular blockchain will allow for selecting different privacy methods for specific blockchain applications. Main UNET chain will make amounts of transactions publicly visible but will anonymize provider and client identities.

      How will you make sure that there is enough liquidity for clients to purchase UNET tokens?

      UNET tokens are planned to be available on several exchanges (centralized and decentralized) and the Unchainet console is planned to integrate with exchanges so clients can buy resources directly from the console interface. Unchainet will keep 15% of tokens as a liquidity reserve.

      How will UNCHAINET scale once people are actually using it? What will fees look like?

      UNCHAINET blockchain is created with a goal of geographical decentralization and 10k transactions per second which is more than enough for resource trading (primary use case) and can also be used for general microtransactions. The unique incentive mechanism which rewards for providing high quality resources for the benefit of consumers decouples incentive and transaction fees. Therefore, we can allow zero-fee transactions on our blockchain.

      What is the maximum number of users that can use the coin in any given 1-hour window?

      Theoretical throughput estimation when fully implemented: 10,000 Tx/second * 3,600 seconds = 36,000,000 Tx/hour

      Contact

      Get In Touch

      Do you want to give us a feedback, ask about partnership or token sale? Leave us a message!

      Any question? Reach out to us and we’ll get back to you shortly.