CRANKK

7wx6...SnM4

13 Feb 2024

Crankk is a distributed network built on Kadena’s Proof of Work Network, greatly enhancing the existing ecosystem’s utility into IoT applications while building on it’s proven reliability, speed and resiliency.
Network gateway node operators earn the Crankk Token for their continuous and maintained contributio to providing LoRaWAN network coverage. Consensus results and participant incentives are determine and regulated by Kadena Pact Smart Contracts safeguarding against manipulation while maintaining accuracy and fairness. 80% of the tokens is allocated for the miners.
Token: CRKK
Current Price: $0.186
Estimated Monthly Earnings: $36.27
Cost to Invest: $245 ($5 Licence Discount)
Link: https://bit.ly/get-crankk ($5 off a licence)

A FULL IOT PROOF-OF-NETWORK-PARTICIPATION (PONP) CRYPTO NETWORK, PROUDLY BUILT ON KADENA

CRANKK IS A NETWORK OF LORA GATEWAY
NODES REGULATED BY KADENA’S LAYER 1 PACT SMART CONTRACTS

Built on Kadena

Enabling integration of real-world events into Smart contracts and Blockchain technology. Crankk's goal is to build and operate a LoRaWAN network providing coverage for IoT devices, such as smart meters, GPS trackers, etc.
Crankk is also the name of the token facilitating the Crankk network ecosystem. Node operators earn tokens by participating in the network and periodically proving their existing coverage area. Crankk is a distributed network built on Kadena's Proof of Work Network, greatly enhancing the existing ecosystem's utility into IoT applications while building on it's proven reliability, speed and resiliency.

Built on proven resiliency

Kadena is a true Layer 1 PoW distributed network leading in speed, security and reliability.

Crankk builds on all of these features while greatly enhancing its utility.

Proving LoRaWAN
Coverage

Crankk LoRaWAN gateway nodes are based on the Raspberry Pi coupled with a LoRaWAN gateway module. The Crankk wallet runs on the Raspberry Pi, communicates with the LoRaWAN network as well as the Kadena blockchain.

The blockchain, in the form of Kadena Pact Smart Contracts, orchestrates the PoC checks. It determines and checks regularity, directs the radio module to send a ping when appropriate, reports to the blockchain when a radio ping is received.

Kadena Pact Smart Contracts

Crankk makes it a reality for Smart Contracts to learn about and react to real-world events.

Elevating them from ledgers or voting machines to true living entities with agency.

CRANKK TOKENOMICS WAS DESIGNED TO ENSURE FAIRNESS FIRST AND FOREMOST AS WELL AS TO REWARD EARLY ADOPTERS WITH HIGHER INCENTIVES

Tokenomics

80% of the tokens is allocated for the miners. The project will take just 8% of tokens to ensure and finance continued development of the network.Tokens will be distributed evenly over 10 years. Curious to learn more about the Tokenomics? Dive into the details right over here!

Easy to participate

The Crankk Token is being distributed / awarded based on network participation and work done for the network. Since the underlying protocol is already secured by a PoW network, participation in Crankk does not require further investing in specialized hardware or building up high stakes with high balances.

The earlier you join the more you earn. Raspberry Pi based nodes run the Crankk wallet with moderate to low hardware requirements with a web browser based user interface.

Be a part of distributed network

Network gateway node operators earn the Crankk Token for their continuous and maintained contribution to providing LoRaWAN network coverage.

Consensus results and participant incentives are determined and regulated by Kadena Pact Smart Contracts safeguarding against manipulation while maintaining accuracy and fairness.