Idea & Token
Perlin is aiming to create a decentralized cloud computing marketplace by using underutilized compute resources from everyday devices, such as smartphones. By combining the computing power from millions of devices Perlin will get “a supercomputer in the palm of your hand”. The customers who provide spare computing power of their devices will get Perlin’s tokens called PERL. This scheme will be able to combat the current inflated pricing models and make supercomputing power affordable. In the end, the devices will collectively process complex algorithms in areas such as cancer research and artificial intelligence.
Guys in Perlin do remember that ledgers need to be fast, secure and scalable to support the development of DApps. So, they use their own native ledger – a directed-acyclic-graph (DAG) – with the Avalanche consensus protocol. This will provides the necessary scalability and throughput. The ledger will be fast (1,300 TPS), with leaderless consensus protocol, privacy-preserving, and ready for DApps.
PERL, their ERC-20 token, will be used to pay to the users who provide computing power of their devices. After the release of mainnet, the tokens will be swapped with native ones. For now, 47% of tokens were issued during the seed sale, the strategic sale, and the private sale. Information about next sale rounds will be announced later.
The team consists of 13 specialists including 4 software developers (one of them is PhD), business developers, people from finance, community management, and communications. Two co-founders are Dorjee Sun and Kenta Iwasaki. Sun is an entrepreneur, co-founded 20 companies, an advisor to a number of crypto projects, was a COO at Sentiment. Kenta Iwasaki is a software and robotics engineer, worked at Naver Corporation (famous products – Naver and LINE), won about 20 international hackathons at Stanford University, IBM, US Department of State, EOS, etc. The advisory board includes 11 professionals most of which are investors and top managers at different companies.
Instead of extremely expensive supercomputers, Perlin suggests using underutilized resources of electronic devices we use every day. While you are carrying your smartphone in your pocket, it can earn tokens for you, so why not? Perlin uses DAG as a native ledger that showed good results in projects like Nano and IOTA, and promises a comfortable infrastructure for DApps. Though the guys don’t have a product yet, the written code was highly evaluated by OpenToken’s experts. Add here good hype, and we’ve got a picture of a very strong project.
Creating an affordable cloud supercomputer by using computing power of smartphones is a logical and reasonable idea. The guys from Perlin have got everything for the implementation, but don’t have a product yet.