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Decentralized global platform for cloud and web-based services
Price on ICO
Jan. 29, 2018
Feb. 22, 2018
$29 000 000
ICO is over
The DADI Public sale was sold out in 10 minutes.
DADI is aiming to make cloud services cheaper and more secure by implementing them on a special decentralized platform. The cloud services may include content and publishing platforms, mobile apps, always-on products, subscription services, big data, e-commerce, and many more. The project is extremely ambitious and planning to compete with such market monsters as Microsoft, Amazon, and Google.
Here’s their main features:
– Fog computing
Organized by Decentralized Autonomous Organization (DAO), this is a decentralized network of computers connected over the Internet providing the advantages listed below.
– Reducing hosting costs
DADI states that the system decentralization could save be up to 90% compared to Amazon Web Services (AWS), and if this is even partly true, the amount of saved money is tremendous.
– Network reliability
Web service providers and developers can be confident their product will work on the platform without any outages that may be caused by server malfunction or connectivity issues in the current centralized systems. All online services will be really online 24/7.
– Three classifications of miners
“Gateways” process consumer requests, authenticate them and verify responses from “Hosts”, so they re responsible for the network bandwidth.
“Stargates” are similar to “Gateways”, but they also manage domain mapping into the network.
“Hosts” are the computational power of the platform.
DADI uses a token of the same name which is an ERC-20 token running on the Ethereum network. During the ICO, the company will create 100 million tokens, and this number is fixed. They will circulate in the system in the form of consumer fees and miner rewards. To use the web services, you will spend DADI tokens as well, and the receivers of the tokens are the following (from biggest to smallest portion): “Host”, “Gateway”, “Stargate”, the DADI team.
Joseph Denne, DADI’s fonder and CEO, previously founded Airlock, a digital agency that was working with BMW, Disney, and Coke. The core team consists of 18 full-time employees many of which have solid technical background, took part in open source projects and have experience in distributed networks. At the same time we’d expect ex-employees from Microsoft, Amazon or Google in the team to bring their expertise to the new project. And we see a lack of blockchain experience in the team.
DADI is targeting a huge market of cloud services which is currently assessed at $250 billion, and this number keeps growing. The idea is pretty good, but the market is already occupied, and people usually prefer to keep things as they are if everything is working. So, the goal is extremely ambitious, and we have some doubts this team is capable of moving today’s giants from the market.
Extremely ambitious project aiming to build a decentralized platform to make online and web-based services cheaper and more secure, and to make Microsoft, Amazon, and Google step aside.
DADI is a global, decentralized cloud platform, focused on the provision of web services to help you build, scale and grow your digital products.
DADI has a decentralized and open structure enabling individual parties to interact through the use of DADI tokens within a trustless, consensus based system based on proof of stake and proof of work.
Unlike existing centralized cloud services, DADI implements a fog computing structure – a decentralized pool of devices, all of which are connected to the Internet.
With DADI there is no single authority that regulates computing resource distribution. The platform uses cost-efficient fog computing rather than a centralized cloud structure, removing the need to pay in advance for private and monopolized cloud computing platforms such as Amazon Web Services (AWS), Microsoft Azure and Google Cloud.
Consumers can access a platform that has a far greater geographical coverage and that is significantly cheaper than existing cloud services can offer. Miners can monetize their spare computational power and bandwidth through putting it to work at various levels within the DADI platform.
The migration from traditional cloud infrastructure to decentralized web services will not happen overnight: it will be a transition measured in months and years, but the result will be a radical overhaul of the ownership of core web infrastructure.
Every digital product is powered by web services. Every business using the web can already leverage DADI technology for improved efficiency and performance, but soon the DADI network will be able to support these web services at a price point unimaginable today – some 90% cheaper than traditional cloud services such as AWS. Plus, anyone with a laptop, games console, mobile phone or any connected device will be able to earn income by providing spare computation capacity for rent.
DADI represents a radical overhaul of the cloud computing sector. Its mission is to uphold the founding principles of the Web by democratizing computational power.
DADI: Decentralized Architecture for a Democratic Internet
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