CloudStack CLSK — ERC20 token with cloud split functionality. The project communicates with the cloud management server (using the STAKGEN algorithm), which helps to validate transactions and provide you with a token. It has great potential for future ecosystem use and a well-planned program that brings great benefits.
Contents:
- Brief description of dapp CloudStack CLSK
- Ethereum project capabilities
- Additionally about the blockchain resource
Brief description of dapp CloudStack CLSK
The CloudStack token (CLSK) was developed on the ERC20 standard, set by the ETHEREUM cryptocurrency community. CLSKs have been designed with breakdown capabilities on specific criteria. Thus, everyone who owns at least 600 CLSK in their COINBASE cryptocurrency wallet, will receive a reward through the generated token at the end of the bet period.
Characteristics:
| Interest rate | CloudStack CLSK token with cloud hosting up to 8% will be calculated and generated, based on the minimum HODL token. The more you hold the CLSK token in your wallet, the more you will receive. |
| Safe | No one can move or withdraw your earned CloudStack CLSK token from your wallet. You are in control of your own wallet. You personally own your private keys. |
CloudStaking — the process of your wallet, interacting with the cloud storage management server (using the STAKGEN algorithm), which helps to validate transactions and reward you with tokens. When your wallet places bets, the management server will validate the transactions to ensure that everyone who sends the tokens actually owns the tokens and has the authority to transfer them.
Ethereum project capabilities
CloudStack can help to save money. It is like some kind of fixed deposit, where the functionality of the hosting cloud will be considered as a mechanism for obtaining "interest", as an additional token. You can send a CLSK token to anyone with a verified standard ERC20 wallet with a simple step. You only need an ERC20 certified recipient address.
There are many decentralized exchanges that support ERC20 based token. To make your search easier, you can use:
- LEDGERDEX;
- BAMBOORELAY;
- TokenJar;
- FORKDELTA.
You can purchase a CloudStack token for as little as 1 CLSK, but in order to be eligible for the CLSK cloud bet, you need to have at least 600 CLSK in your COINBASE wallet. As soon as it is below the minimum, the betting function will not be available.
Additionally about the blockchain resource
At the moment, White Paper and RoadMap are not available on the site. However, the developers provide a section with answers to questions, as well as a description of the functions. If you want to stay up to date with all innovations, subscribe to the community in the telegram channel. You can leave your e-mail address on the site to receive newsletters with the project's news, as well as to stay in touch with the developers. The smart contract has not been audited.