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 TOKENOMICS WAS DESIGNED TO ENSURE FAIRNESS FIRST AND FOREMOST AS WELL AS TO REWARD EARLY ADOPTERS WITH HIGHER INCENTIVES
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.
Working on enhancements to Proof-of-Coverage contracts, Rapberry Pi client, Raspberry Pi initial configuration
We are working constantly and diligently to give you increasingly better features to take full advantage of your Crankk LoRa Gateway Nodes
Crankk Token online
Crankk Token smart contract online on Mainnet of Kadena
Contract and client improvements
More security, better operational stability
Gateways start shipping
Gateway orders are live, gateways are being assembled, will start shipping in June
Continue community building
Find us on Twitter or Discord
Read our Lite Paper on Medium
Crankk.io website live
You can now read about Crankk.io, join our community and order gateways
First few LoRa Gateway nodes
First few LoRa Gateway nodes are live, performing Proof of Coverage checks
Network Smart contract online
Crankk distributed network controller smart contract online on Mainnet of Kadena
New website with ever improving content to provide information and transparency for the network
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.
Miners for other regions
Enabling multiple regions is a priority and we are striving to provide hardware options to be purchased in multiple regions
Improved Dashboard/Mobile app online
Frequently asked questions
Please read this to understand how to participate in the network
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.
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.
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.
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.