azultec, provider of an environmentally friendly concept for cloud computing, is launching an IEO (Initial Exchange Offering) today, August 26th, 2019 at 12:00 KST (05:00 CEST). With this IEO, azultec enables an additional and popular method for the distribution of tokens. The IEO will take place on Shortex, a cryptocurrency exchange that operates in Europe.
No mining, but rendering
The conventional mining of crypto-currencies is no longer lucrative, especially for the end-user. With cloud rendering, however, there is a much more efficient way to generate digital currency.
Rendering is the process by which applications generate (non-)photorealistic two- or three-dimensional images from raw data. This task is especially suitable for GPUs, thanks to their high parallel computing power. In contrast to desktop processors (CPUs), rendering tasks on the GPU are executed faster and therefore cheaper.
The need for rendering performance is enormous, and not just for big software companies or Hollywood studios: 3D animation studios and advertising agencies also require large amounts of computing power to render their productions. Therefore, anyone who can deploy computing power in a cloud network can get paid for this.
Already available: The Cube and RenderMaster workstations
azultec already offers two workstations that are optimized for rendering tasks due to their hardware equipment, which includes a total of 8 water-cooled graphics cards.
- The Cube 300 is designed for home users and recuperates up to 72 percent of its generated heat, making it a very environmentally friendly solution.
- The RenderMaster 300 in 19-inch server rack format is intended for industrial use and is also equipped with water-cooled components.
azultec IEO on Shortex
azultec’s second IEO will happen on Shortex between August 26th and October 17th, 2019. In the first round (August 26 – September 5), a bonus of 20 percent is granted on the deposit.
In the second round (September 16 – September 26) a bonus of 15 percent is granted and in the last round (October 7 – October 17) a bonus of 10 percent is granted.
Accepted coins for the IEO: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Tether (USDT).
“Shortex is an exchange that has made a name for itself, also in the European market. They are known for their high safety standards and have already executed many successful IEOs. This doesn’t just benefit us at azultec, but it also benefits our investors.”
– Andreas Rudnicki, founder and CEO of azultec
After the IEO azultec will expand the product line of rendering workstations, optimize their production and tackle the next projects on the expansive roadmap. In addition, high-security data centers will be opened in strategically important locations in Europe, which will be equipped with in-house solutions. The goal is for azultec to become the largest provider of cloud computing.