PROUDLY BUILT ON KADENA

A PROOF OF COVERAGE

LORAWAN CRYPTO NETWORK

Earn the Crankk Token on the Kadena Network by operating a LoraWan Gateway node,
contributing to the backbone of the Crankk Distributed Network

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.

Growing global network

We are just getting started. Come join our distributed network of IoT Gateway Nodes

Proof of coverage checks

23312

Miners online

132

Crankk token distributed

69653.46

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

Tokenomics

Kadena's specialty is that it has 20 chains. Total Crankk Token supply is 10M per chain. 200M in total. Initial supply is virtually zero. There will be no de facto sale of Crankk Tokens. The only way to accumulate Crankk is to earn it.

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. A new chain will be opened after every 7,500 active gateway nodes to give new joiners a new opportunity to be among the early adopters or if average miner ROI goes above 6 months. Tokens will be distributed evenly over 20 years.

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

Tokenomics

Kadena's specialty is that it has 20 chains. Total Crankk Token supply is 10M per chain. 200M in total. Initial supply is virtually zero. There will be no de facto sale of Crankk Tokens. The only way to accumulate Crankk is to earn it.

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. A new chain will be opened after every 7,500 active gateway nodes to give new joiners a new opportunity to be among the early adopters or if average miner ROI goes above 6 months. Tokens will be distributed evenly over 20 years.

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.

Earn the Crankk Token

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.

NORTH AMERICA – EUROPE – AUSTRALIA

Provide coverage and start mining

$499

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.

Development Activity

Working on enhancements to Proof-of-Coverage contracts, Rapberry Pi client, Raspberry Pi initial configuration

Team
members

8

PoW
checks

2619

Last contract
enhancements

27 July

Roadmap

We are working constantly and diligently to give you increasingly better features to take full advantage of your Crankk LoRa Gateway Nodes

Q1 2022

March 2022

Crankk Token online

Crankk Token smart contract online on Mainnet of Kadena

Q2 2022

June 2022

Contract and client improvements

More security, better operational stability

June 2022

Gateways start shipping

Gateway orders are live, gateways are being assembled, will start shipping in June

May 2022

Continue community building

Find us on Twitter or Discord

May 2022

Lite Paper

Read our Lite Paper on Medium

May 2022

Crankk.io website live

You can now read about Crankk.io, join our community and order gateways

May 2022

First few LoRa Gateway nodes

First few LoRa Gateway nodes are live, performing Proof of Coverage checks

April 2022

Network Smart contract online

Crankk distributed network controller smart contract online on Mainnet of Kadena

Q3 2022

August 2022

New website

New website with ever improving content to provide information and transparency for the network

September 2022

New hardware options

Raspberry Pi based hardware should not remain the only option. We are working with multiple manufacturer devices to bring various hardware options to market.

September 2022

Miners for other regions

Enabling multiple regions is a priority and we are striving to provide hardware options to be purchased in multiple regions

Q4 2022

2022

Network map

2022

Whitepaper

2022

DeX listing

2022

Improved Dashboard/Mobile app online

Frequently asked questions

Please read this to understand how to participate in the network

How can I join the Crankk Network

To join our Proof-of-Coverage network, you need a Crankk Gateway, also referred to as a hotspot or hotspot miner. Gateways can be purchased here for your specific region.

Do I earn the Crankk Token?

Yes! Crankk Hotspot owners are rewarded with the Kadena blockchain token Crankk for providing proof of coverage. You can learn more about our tokenomics in our Litepaper.

Do I pay gas fees in Kadena then?

Yes. Kadena has one of the lowest gas fees. You should be able to operate your gateway for months having just one Kadena. We’ll also give you some included in the Gateway purchase price to get you started.

Where do I buy Kadena?

There are many ways but if you really have no idea then just search for “Where can I buy Kadena” to find a regular currency to crypto currency exchange. Find the CoinMarketCap list of markets for Kadena here.

About Crankk

How is Crankk better than Helium

We’ve been mining Helium for some time and tried to eliminate some of the apparent nuisances we encountered. We’re not saying Crankk is better. We’re striving to make it better.

Seriously, how is it different from Helium?

Crankk didn’t develop its own blockchain. It uses the Kadena blockchain with low gas fees. Crankk is a token on Kadena. This choice eliminates a lot of the complexity and lowers the requirement for the project in terms of what it needs to prove to be viable. Kadena has proven to be fast, resilient, secure and low cost. This way we were able to concentrate on features that make participating in Crankk a lot more fun and a lot less risky.

How are you going to make sure miners get their returns on their investments?

To answer this question we want to make it clear that we optimize for long term viability of the network. Choosing not to develop our own blockchain eliminated a lot of the potential future risks. From the Tokenomics point of view we chose not to have an initial sale of tokens so that everybody starts with zero. Right now the only way to get Crankk Tokens is to earn it by operating a gateway. From the initial investment point of view we chose to leverage the Raspberry Pi because it’s low cost and widely available. Unlike in the case of specialized hardware you can always reuse or resell your Raspberry Pi and the LoRa module and recover some or all of your initial investment. Early adopters will benefit more as with any other project. However we’ll open a new chain after every 10,000 gateways so that the early adoption cycle can restart and provide more people with this opportunity.

Is Crankk really "distributed"?

From the blockchain and token point of view, it is. From the LoRaWAN radio network point of view, it isn’t yet. LoRaWAN was developed with centralized controllers in mind and that makes a lot of sense due to the fact that you don’t want to congest the airwaves and frequencies, want the collected sensor data to arrive at a limited number of central servers that the actual data user is interfacing with, and many other reasons. At the same time we know that more can be done to achieve a higher level of distributedness and we are working constantly to develop in that direction.

Questions?

Connect with us on our social media platforms or for business enquiries please contact us at:

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