BUDDY:INNOVATION AT IT'S PEAK!!!
ANALYSIS OF BODY
Previously we already did a Buddy ICO Reviewand rating detailing the particulars of their upcoming ICO, explaining what Buddy is all about and mildly analyzing the other associated features and solutions offered by the Buddy Platform. We also mentioned how Buddy is already an existing and profit-making venture and what sets it apart from other popular upcoming ICOs right now. In this comprehensive and extended Buddy ICO Analysis and review we delve deeper into research and dig into their whitepaper to thoroughly explain other aspects and features like their Dev-ops marketplace, Dappos, working mechanism and functionalities of the Buddy Platform.
Buddy: A Decentralized Development Automation Platform
Buddy is a decentralized development automation platform which is primarily for developers. They facilitate the App development process and make it easier for developers and businesses to scale their software by allowing them to get quick results without having to separately develop a dedicated infrastructure that costs both money and time. The fundamental issue that Buddy aims to resolve is how to release organizations from the chore of maintaining improving their automation metrics to boost their business? And to answer this Buddy proposes a three-tier solution that includes open Dev-Ops marketplace, Private Automation Grid, and Shared Automation Grid.
Creating a dedicated and Decentralized Dev-Ops Marketplace
This is one of the prominent solutions to help businesses improve their automation metrics. The Buddy project aims at developing an open and decentralized Dev-Ops marketplace. Buddy already has over 80 automation actions that help users develop and deploy software. Arranged into pipelines these actions are easy to use and often require just a few simple clicks. Also, as it is an open marketplace even third-party developers can contribute and add to the existing actions in the buddy ecosystem and can also use the existing actions in their own development automation pipelines. You can think of the Marketplace to work on similar lines with Android Apps on Google where all are welcome to contribute. Further, the Buddy white paper also identifies a range of action categories and explains their use cases. They also address the security concerns citing the vulnerabilities of the existing Ethereum Smart contracts.
To make their Dev-Ops marketplace more secure the project relies on Security which is a free service provided by Software Reliability Lab. It allows automated analysis of any Ethereum contract for critical security vulnerabilities and insecure coding through a website. By publishing security as a dedicated action to their Dev-Ops Marketplace the platform will allow anyone to add it to the automation pipelines and report issues as soon as they are introduced into the codebase. Thus it will not only make it secure while improving the code quality but also save time by eliminating the need for unnecessary code rewrites.
“We strongly believe in the idea of marketplaces. Buddy is already present in Github, Docker, Microsoft Azure & Google Cloud marketplaces, and with great results.”
— Simon Szczepankowski, Buddy Co-founder
Facilitating Bootstrapping Blockchain Projects and Dapps
Buddy platform offers a dedicated solution for Blockchain developers and blockchain projects in general. They identify a range of challenges facing developers involved with blockchain projects. “There are a couple of major concepts that programmers have to understand before any work can start: the Blockchain itself, EVM, solidity, Geth, and dApps, to name just a few. There are also many myths around Blockchain development, which can create challenges to the adoption of Blockchain technology & the development of smart contracts or DApps.”
Moreover, the lack of tools for blockchain development adds to the difficulties that blockchain developers face. It this space the Buddy aims to capture by pioneering development automation of Blockchain-based projects. Buddy is also developing their dedicated Blockchain ops marketplace working on similar lines with the Dev-Ops marketplace. The idea is to allow Blockchain developers to use the service to design automation pipelines with ready-to-go actions: from compiling and tests, to deployments, custom scripts, and dApps monitoring.
Introducing Dappos: An innovative Buddy exclusive ready-to-use development ecosystem
Buddy is also creating ready-to-use development environments called Dappos. Making use of Docker-based sandboxes along with native Linux containers Buddy’s Dappos can fairly revolutionize the development process of blockchain based projects like Decentralized Apps(Dapps). The Dappos can be run on buddy’s cloud network which will allow users to work from anywhere irrespective of their geographical location. Also, with the on-premises version of the Buddy platform, users can run dAppOS on their private network and experience a near-local performance. Moreover, “Dappos make Blockchain development education much easier since programmers can focus on actual training and not on installing & configuring dozens of dependences and stacks trying to prepare their environment.”
Buddy ICO: Background to the Buddy Platform
As we already detailed in our previous article how Buddy is an up running enterprise offering their services to some popular names including Inc.com and Docplanner. However, not all of it happened in a day and over the years the platform has been developed and acknowledged by industry experts. The team spearheading the Buddy platform have long been together since it was founded in the year 2007 while bootstrapping Springloops, a popular Subversion hosting platform with deployment tools for web developers. Thereafter in 2015, the team took to establishing the Buddy platform. It was only after thorough testing it was released in 2016. They also partnered with major players like Microsoft, Github and Google to make it easy for developers. The project became almost an instant hit amongst developers and since 2017 the team has been making regular updates.
The Buddy Team
Buddy boasts of an impressive and diverse team. With dedicated and experienced industry experts with a specific area of expertise, Buddy is a well-organized lot with a proven track record. Their CEO, Product Manager & Co-Founder, Simon Szczepankowski, is a SaaS entrepreneur with over 15 years of experience in IT. Simon has previously bootstrapped springloops.com, a Subversion hosting service for web developers that attracted over 5000 paying customers from 120 countries and has managed IT projects for reputed names like Dutch Air Force, KLM, Mercedes Benz NL, Ford NL and Merck PL divisions. He is also one of the few Google AdSense Premium partners in Poland and author of the youngest Polish IT book debut (Windows XP Optimization, 2003). Buddy’s technical head Raphael Sztwiorok has a very strong technical background and has managed large GIS & Big Data projects for the Polish Army & Norwegian Defence Procurement Division via Techmex SA. Participated in the design and development of large mapping and geo services used by NATO for COWI (Danish Consulting Group). He has also offered his services as Senior IT manager in the Multinational Geospatial Co-production Program. Thomas Korwin-Gajkowski, offering his services as Blockchain Solution Architect is an experienced blockchain application developer and has been associated with several successful blockchain specific projects. Martin Kudla, Sofware Architect and co-Founder has his expertise in Release management & data migration with +20 years of experience in IT.
Buddy ICO Token Sale Details
Buddy ICO is scheduled to launch from 1 August 2018. The total number of BUD token (Buddy token) to be generated is capped at 670 million. A minimum of 500 million tokens are to be generated. Each BUD token will be sold for 0.0002 Ethereum’s Ether tokens. Buddy’s BUD tokens are a utility token based on Ethereum’s ERC 20 protocol and it aims at creating a community-driven, decentralized economy in Buddy facilitating the functioning of this unique development automation platform made for developers by developers.
No more than a total of 670 million BUD will be generated and once the total amount to be procured from the sale and proceed of tokens from crowdsale will not exceed 60,000 Eth.
The allocation of tokens created is pretty simple and straightforward. 60% of BUD created is to be allocated to the contributors who bought the token via the booking platform, 20% of BUD is allocated to the Buddy Team, and 15% of BUD is reserved for new contributors, partnerships & community initiatives. Further, 4% of the tokens generated goes towards Legal, Advisory and Bounty, and 1% tokens is to be distributed through airdrop to promote the project. 5,000,000 BUD tokens in total will be airdropped to the currently paying Buddy customers.
Why you shouldn’t be missing Buddy ICO!
Let’s have a quick look at the key highlights that indicate why Buddy is an ICO that should interest any crypto investor, developer or anyone with a keen interest in blockchain technology.
- Buddy is providing tangible solutions to a complex problem. This makes for the strong use case of the Buddy platform in a range of businesses. Decoding it for investors, this means that buddy tokens in all probabilities will have a positive and increasing value because of the need-based services that the platform offers.
- Buddy is already a functional enterprise and has partnered with top names in the industry including Google and Microsoft. That adds to the credibility of their solutions.
- Their list of existing clients and testimonial include popular names like INC and Docplanner.
- Dedicated solutions for blockchain development keeps them ahead of the competitors for being innovative in their approach and pioneering a rather unexplored but growing market with immense potentials.
- The open and decentralized marketplace has also the potentials to make Buddy platform an instant favorite of developers all across the globe.
What you should be knowing before participating in Buddy ICO
- You can participate in their ICO only with Ethereum’s Ether tokens.
- If you are to invest over $100k in BUD tokens through their booking platform you should know that they are locked for 3 months which means you will not be able to exchange the tokens or transfer ownership for the first 3 months from the date of purchase.
The Verdict
Looking at the trail of successful ICOs it is clear that the execution of the ideas is more important than mere ideation. With Buddy, one of the biggest advantages is that it is an already functioning platform with reputed partners and clients. The ICO is more about raising funds to enhance the functionality of the Buddy platform and make a proven and tested idea a much bigger success. Not to mention the fact that it is truly helping developers and businesses including the blockchain community on the whole with its streamlined features dedicated to Blockchain development and Dapps in particular. So if credibility and stability is your top priority while making any investment decisions related to ICOs this is the one you should be looking at. Also, the innovative idea of driving their open decentralized marketplace coupled with the fact that there is an already existing and big and growing market that the platform caters to makes it worth considering.
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