Buddy Token ICO Report – Decentralized Development Automation Platform
Standard ICO Report Structure:
- Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
- Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
- Part 3: Useful Links (Further Research)
Part 1: ICO Analysis
The world continues to evolve at a faster and faster pace, changing the lives of nearly everyone in the world. The internet has transformed the world and the internet itself continues to transform. With the advent of Bitcoin in 2009, the world was introduced to its first successful blockchain.
Nearly a decade later, blockchain technology has surged in popularity, much due to the technology can be implemented for many solutions beyond just finance.
The Buddy Token team wants to expand blockchain technology into the world of development, where many of the core supporters of blockchain already exist. The Buddy platform will implement an application development tool which operates on autopilot.
The team will focus on ease of use for others to build apps which are scalable while creating decentralized digital solutions. The Buddy platform will be a full-service solution which offers developers the opportunity to develop, deploy, and test apps.
With this in mind, the platform will include a sandbox testing mode and support solutions developers can access through a variety of stacks. The open system should provide a valuable ecosystem to developers around the world.
The Future of Development and Automation
The team will also take advantage of artificial intelligence, which continues to transform the world around us. Furthermore, the general population use cell phones at an increasingly significant rate. Both of these trends will drive more apps to be used and thus needed to be developed and deployed across app stores.
The Buddy Token team hopes to capitalize upon these trends to assist with seamless app development and deployment. This will allow for a future idealist to bring their apps to world with a highly versatile testing environment to use. Further, the Buddy platform will allow these developers to implement automatic solutions powered by artificial intelligence.
The platform will also allow for many different integrations which are dedicated to a variety of stacks to help provide support. These solutions will be invaluable to developers looking to share and access tools among one another.
Buddy Value Proposition
The team has worked hard to form a variety of powerful partnerships to assist with their app development solution. GitHub, Google Cloud, Azure, and Docker Store are just a few of the popular partnerships which the Buddy platform will be equipped with. Furthermore, the overall marketplace is expected to grow to a $345 billion market by 2022. With this growth the Buddy team plans to implement their Sandbox testing mode for development access.
Through this, developers will be enabled to test each and every one of their solutions prior to releasing them to the greater marketplace. Finally, the Buddy team will implement an exciting app marketplace for developers to utilize with the platform’s native token.
The native token, BUD will derive its value from the DevOps marketplace, resource manager, and client acquisition channels. The platform will include over 15 different value propositions for the BUD token to derive its value from. Even more, the DevOps marketplace will allow for developers to buy and sell their automation solutions for others to utilize within the Buddy community.
Team Overview- Members and Advisers
The Buddy platform team is led by Simon Szczepankowski as the Chief Executive Officer, Anant Singh as Strategic Partnership manager, Chen Si Yuan as the head of community engagement, Raphael Sztwiorok as CTO, Thomas Korwin-Gajkowski as a blockchain solution architect, Martin Kudal, Miahcel Hankus, Thomas PRus, Alexander Kus, and Paul Olek are also on the team, among other members.
Part 2: Crowdsale Analysis – Details & Token Supply
Total token supply: 670,000,000 Tokens
Token type: Ethereum Token
Token Distribution: The Papusha team dedicates 60% of the total tokens minted to be offered for sale in its crowdsale, another 20% to the Buddy team, 15% to the reserve fund, 4% to the ICO, advisors, legal and bounty, and finally 1% to the airdrop.
ICO Sale Phase: PreICO
Token Price: 1 ETH = 5,000 BUD
Crowdfunding Usage: The team plans to use 50% of the funds for research and development of their platform, 35% to the market, 5% for security protocols, and finally 10% for partnerships to join the platform.
Part 3: Useful Links (Further Research)
- Website: https://token.buddy.works/
- Facebook: https://www.facebook.com/gitbuddy/
- Twitter: @BuddyGit