TheOoL Network: The Easiest Way To Make Your Own Cloud Computing And Hosting Company!

The Oracle of Liberty
3 min readFeb 24, 2021

The Key Benefits of Operating within TheOoL for Cloud Service Providers:

  • A cloud service owner no longer needs to incur marketing and selling expenses!! All they have to is connect their servers to TheOoL network and ensure their reliable and stable operation. TheOoL team will take care of customer- and traffic acquisition within the network. TheOoL automatically distributes the workload and cash flows between servers and their owners.
  • You automatically collect payments for the use of your resources, at a competitive price;
  • We offer access to the open market of computing resources with comprehensive analytics and price change trends, which enables you to easily plan your business;
  • We technically guarantee protection to server owners from legal liability for the storage and processing of ‘improper’ content. Within TheOoL you do not store or process a single full (sufficient to identify its contents) unit of information on your hardware. Your servers store and process encrypted pieces of data;
  • The barrier to entry is reduced to several thousand US dollars or at least by the order of 3.
  • We offer a simple tool to niche- and small-sized cloud companies for consolidation of their resources and extension of their range of services, which enables small cloud players to successfully compete with the industry giants.

Why Are We So Confident About Our Product?

  • We managed to significantly enhance data security thanks to our distributed data storage applying the ‘everywhere and nowhere’ principle, as well as the application of double encryption and our embedded data acquisition blocking system;
  • Physical nodes have no independent meaning; they are identical according to our ecosystem’s perception. And it is impossible to identify the point of attack;
  • Users are the only ones to manage access to their information on our master blockchain;
  • No node stores holistic information or its decrypted chunks. On the one hand, this means the data owner’s peace of mind and, on the other hand, the data storage owner is protected from legal implications of publication of the data on their hardware resources;
  • Intellectual property rights transfer and payments are governed by our ecosystem’s master and financial blockchain. IP data copying and data transfer to any third parties is made technically impossible without the data owner’s permission.
  • Cloud service providers can dispense with marketing cost: Payments for computing resources are automatically processed via our embedded payment system that is directly linked to our network’s controlling blockchain.

How Much Does It Cost?

Setup Fee: $0

To get started all you have to do is install our service and allocate the capacity you require.

Cost of Transactions within Our Network: Free of Charge

There are no transaction fees within TheOoL network. If you need to purchase additional capacity and services you pay fair prices with no intermediaries and exaggerated fees.

Fund Withdrawal Fee: 20%

TheOoL receives 20% from the funds withdrawn. You only pay when you exchange our ecosystem’s tokens (TU) for fiat currencies.

The fee we charge enables us to operate the network, as well as guarantee liquidity of our tokens, so you can withdraw your funds at any time.

Join TheOoL Network and Become Our Partner!

For more information please contact us: https://theool.net

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