About Ammut Network

The AMMUT solution being pushed out by the platform is designed to provide a holistic model that answers to a wide range of technologies. Specifically, this means the AMMUT platform can be used to solve more problems that require high computing power such as deep learning, mining, scientific calculations, CGI rendering, 3d rendering.

The AMMUT Ecosystem is built, designed and equipped to solve tasks that require high computing power such as deep learning, mining, scientific calculations, CGI rendering, 3d rendering and it’s made of several components:

AMMUT COMPUTING

 AmCU (Ammut Computing Unit) is a low-cost hardware platform, specialized in the execution of tasks that require high computing power. 

AMMUT NETWORK

 The Ammut network is made up of all the AmCU devices connected to the network. AmCU takes tasks from the network, based on the earning coefficient that was initially set by the user.

XAMM TOKEN

 XAMM is the native token of the AMMUT Ecosystem. It’s used to perform basic transactions within the AMMUT Community such as payments and exchange of value with fiat and other cryptos

AMMUT SOFTWARE

 The client side of the Ammut software can be used to create tasks that will be sent to the Ammut Network. The software handles the conversion of the tasks into suiting instructions that can be used inside the network.

Features

The Ammut network allows users to organize in sidechains in order to solve different tasks. For example, a team of doctors that need computing power to render a project: this team can convince a certain number of AmCU users to donate their power so that it can be used strictly for that task. Therefore, with the AmCU interface, users can temporarily direct their computing power to a pool. All of these operations can be administered through a smart contract for a seamless and secure experience.

Technical Info

The client side of the Ammut software can be used to create tasks that will be sent to the Ammut Network. When a task is created, based on the available data in the Ammut Network, and based on the task difficulty, the price to complete the task will be calculated. After the task is sent to the network, the progress can be monitored. There is the possibility to create a new sidechain that can be used for that specific task. The minimum stake required to create a sidechain is 10,000 XAMM. After the task is finished or canceled the remaining coins can be withdrawn. Access to the sidechain can be made through authentication. The software handles the conversion of the tasks into suiting instructions that can be used inside the network.

Ammut Network Roadmap

 

  • Q3 2019

  • Exchange listings (or as soon as the ICO ends) and token burn.

  • Q4 2019

  • Buying a warehouse and the needed equipment.
    Establishing business partnerships with suppliers.
    Expanding the team and hiring personnel

  • Q1 2020

  • Research and Development.
    Testing and improving AmCU.
    Launching testnet using in-house AmCU devices.
    5% Token Buyback and Burn

  • Q2 2020

  • Launching Mainnet and software beta for feedback.
    Start of production of AmCU devices.
    The launch of the mobile app used to monitor and control AmCU.

  • Q3 2020

  • Producing AmCU for users.
    Releasing a non-beta version of the software.

  • Q1 2021

  • 5% Buyback and Burn
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