I don't like ICOs much but the project looks ok. How will the money be spent though? I don't think I saw it specificied anywhere.
Thanks
Hi kaduwall2 - our main goal is to have enough from our pre-sale to build a testnet and then v1 main net including developing the Kumo blockchain. Following that we will spend funds developing towards a goal of 1:1 platform capability to major cloud providers such as AWS or Azure.
We envision a future where applications can run, anonymously and/or autonomously if desired, on blockchain enabled networks like Kumo instead of centralized cloud providers. While there are several great "supercomputer" or p2p computing projects what we see is a disconnect between these projects (along with their stated use cases) and how full commercial applications at scale function/what the requirements of existing applications are to run at scale - with Kumo we would like to bridge that gap to have a blockchain enabled cloud to run real world applications.