CRANKK IS A NETWORK OF LORA GATEWAY NODES REGULATED BY KADENA’S LAYER 1 PACT SMART CONTRACTS
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.
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
CRANKK TOKENOMICS WAS DESIGNED TO ENSURE FAIRNESS FIRST AND FOREMOST AS WELL AS TO REWARD EARLY ADOPTERS WITH HIGHER INCENTIVES
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.
Easy to participate
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.
Crankk Token online
Contract and client improvements
Gateways start shipping
Continue community building
New hardware options
Miners for other regions
Milestore 400 reach
Tokenomics reward structure
Server / infrastructure scaling
More hardware options
Add a White Paper
Add Power Bar – Part of gamification
Add DIY hotspots for onboarding
Add more LoRa Gateways for onboarding
Listing on CEX
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