Decentralized Cloud
Initiative (DCI) 2024
November 15th - November 30th
Whitelisting Phase
November 15th - November 30th
Payment and Confirmation Phase
November 30th, 2024 - November 30th, 2025
Post-Participation and minting Phase
- Select Ticket Size and Whitelist: Choose the available ticket size and sign the transaction to whitelist yourself using the Ethereum network.
- Supported ERC20 Assets: Only USDT, USDC, DAI, and ETH are accepted for whitelisting. Payment is not made during this step. You can only participate with the amount you have whitelisted. You will receive sOPEN tokens in the same wallet used for whitelisting.
- Account Activation and KYC: Within 24-48 hours after whitelisting, you will be guided to activate your account and complete your KYC with the bare metal provider.
- Sign Side Letter Agreement: Receive and sign the side letter agreement with the bare metal provider, removing all liability from your end.
2. Payment and Confirmation Phase: November 15th - November 30th- Receive Invoice and Choose Payment Method: After completing the preparation steps, you will receive an invoice from the bare metal provider. Inform the Openmesh team of your preferred payment method (bank transfer, crypto transfer, or card).
- Complete the Transaction: Finalize your transaction. Your transaction confirmation will be displayed on dci.openmesh.network.
3. Post-Participation and minting Phase: November 30th, 2024 - November 30th, 2025- Mint sOPEN Tokens: After DCI participation completion, you will receive sOPEN vested over 12 months. You can claim all vested tokens at any time, however each claim will incur a gas fee. Any sOPEN you obtain can be converted into OPEN 1:1 after TGE.
About Decentralized Cloud Initiative 2024Openmesh launches its ambitious decentralized cloud initiative with the announcement of Xnode One in Paris on June 13th. Xnode One is a decentralized virtual machine capable of building and managing various Web2 and Web3 applications. Currently, over 60% of all Web3 infrastructure is hosted by private cloud providers, which contradicts the decentralized nature of the Web3 industry. Openmesh aims to change that.To support this transformation, Openmesh will collaborate with selected Decentralized Cloud Initiative supporters to raise $6.4 million. These funds will pay for bare metal server bills, generating an equivalent of US$100 million in public cloud resources to support and accelerate the Web3 ecosystem in 2024. Approximately 33,000 Xnodes will be distributed to the community for free, with major distributions beginning at Proof of Talk and continuing through Istanbul Blockchain Week, Eth Toronto, and Token 2049.The Decentralized Cloud Initiative 2024 aims to transform data and IT infrastructure by providing $100 million worth of public cloud equivalence over the next 12 months. This initiative supports both Web3 and Web2 by offering Xnodes deployed on high-performance decentralized virtual machines (DVMs) linked to Non Fungible Tokens (NFTs), without KYC requirements. Through community funding and partnerships with bare metal providers, Openmesh will create and distribute these decentralized virtual machines, empowering developers and organizations globally and laying the foundation for a decentralized cloud.Our main goal is to accelerate the Web3 space by democratizing access to decentralized cloud infrastructure, reducing costs, and enabling secure, scalable, and efficient data services for developers and organizations worldwide. The Decentralized Cloud Initiative 2024 aims to empower the Web3 community with the tools and resources needed to drive innovation and foster growth in a decentralized digital ecosystem.DisclaimerThis proposal is provided for informational purposes only and does not constitute an offer or solicitation for investment or financial advice. Participation in the Decentralized Cloud Initiative (DCI) 2024 as a sponsor involves significant risks. Sponsors should perform their own due diligence and fully understand the associated risks before committing any resources. This initiative is strictly a sponsorship and not an investment.Key Risks:
- Financial Risk: There is no guarantee of returns, and sponsors may experience a total loss of their contribution.
- Regulatory Risk: The legal status of decentralized projects is uncertain and may vary by jurisdiction. Sponsors are responsible for ensuring compliance with all applicable laws and regulations.
- Technical Risk: The initiative involves complex technologies that may encounter unforeseen issues, leading to potential operational failures.
Nature of Participation: This initiative is a sponsorship to support the development of decentralized cloud infrastructure and the Web3 ecosystem. It is not an investment. By sponsoring the DCI 2024, you are contributing to a community-driven effort to democratize access to decentralized cloud resources and support innovation in the Web3 space.Sponsorship Details:
- Personal Capacity: You are acting in a personal capacity and not as part of a registered entity. The DAO and its members, including Openmesh, are not registered entities and operate without formal legal recognition.
- No Guarantees: Openmesh and the DAO make no representations, warranties, or guarantees regarding the performance or future value of the sOPEN tokens or any related assets.
- Own Due Diligence: It is your responsibility to conduct thorough due diligence and seek independent advice if necessary. You should fully understand the risks involved before participating.
- Liability: Openmesh and the DAO are not responsible for any financial loss, adverse outcomes, or legal implications arising from your participation. All sponsorship activities are undertaken at your own risk.
Indemnification: By participating in this initiative, you agree to indemnify, defend, and hold harmless the DAO, its members, and Openmesh from any claims, losses, damages, liabilities, penalties, actions, proceedings, judgments, or any other costs arising out of or related to your participation in the initiative. This includes, but is not limited to, any actions taken by end users of the virtual machines.Steps to Participate in the DCI1. Visit the DCI Main Page: Go to dci.openmesh.network
2. Select Ticket Size and Whitelist (November 15th - November 30th): Choose the available ticket size and sign the transaction to whitelist yourself. You must use the Ethereum network for whitelisting.
3. Supported ERC20 Assets(November 15th - November 30th): Only the following ERC20 assets are accepted: USDT, USDC, DAI, and ETH. Payment is not made during this step. You can only participate with the amount you have whitelisted. You will receive sOPEN tokens in the same wallet used for whitelisting.
4. Account Activation and KYC (November 15th - November 30th): Within 24-48 hours after reserving your spot/whitelisting, you will be guided to activate your account and complete your KYC with the bare metal provider.
5. Sign Side Letter Agreement(November 15th - November 30th): You will receive a side letter agreement to sign with the bare metal provider, removing all liability from your end.
6. Receive Invoice and Choose Payment Method(November 15th - November 30th): After completing the above steps, you will receive an invoice from the bare metal provider. Inform the Openmesh team of your preferred payment method (bank transfer, crypto transfer, or card).
7. Initial Asset Transfer(November 15th - November 30th): When prompted to send assets, start by sending a smaller amount. Confirm with the bare metal provider to ensure the transfer is working correctly.
8. Complete the Transaction(November 15th - November 30th): Finalize your transaction. Your transaction confirmation will be displayed on dci.openmesh.network
9. Wait for DCI Participation Completion(November 15th - November 30th): Wait up to 24 hours for the completion of your DCI participation.
10. Mint sOPEN Tokens(November 30th 2024 - November 30th 2025): After DCI participation completion, you will receive sOPEN vested over 12 months. You can claim all vested tokens at any time, however each claim will incur a gas fee. Any sOPEN you obtain can be converted into OPEN 1:1 after TGE.Main stakeholders
Openmesh
Hivelocity
Vultr
Equinix8xCompatibility: Easy integration and customization with other systems.
6xCost Saving: Lowers overall expenses, no extra fees.
27xSpeed for Build: Speeds up development and deployment.
Important links- Litepaper- Website
- Docs
- Github
- Smart contracts audits
- Roadmap
Whitelist
* USD, USDT, USDC, ETH, and bank transfer accepted.** The total pool of sOPEN allocated for every ticket size.You can only reserve one ticket per address.Your ticketsYou need to connect your wallet to see your reserved tickets.Contact Information