In recent years, the widespread use of blockchain in various fields of human activity, the blockchain has proven itself and has given a lot of advantages to new projects that were developed on the blockchain and work with smart contracts. The use of blockchain can significantly increase efficiency and provide benefits such as transparency and high speed of operations. Thank to Blockchain Technology, there is a solution to lots of real-world problems in various industry and fields. Currently, hundreds of startups are working on different projects to solve issues of various industries by using blockchain technology. In the field of app development, a project called Buddy is aiming to become the backbone on which talented people can build world-altering apps & services and take the load off millions of developers by offloading everything that can be automated – giving them more time for being creative.
1.WHAT IS BUDDY?
Buddy is a blockchain-based software revolutionary platform created to facilitate automatic application development operations. Buddy is present as a real annoyance in the application automation industry, which continues to grow significantly over time. Buddy will make the Automation GRID and DevOps Marketplace decentralized, in the end, it will change the way developers test, build and deploy their apps.
Buddy puts application development on autopilot and makes building apps scalable, creating a decentralized DevOps Marketplace and Automation GRID that challenges how today’s developers build, test & deploy their apps.
Buddy’s platform is entering the application automation industry which has a considerable market share, currently worth $ 110 billion. From 2017 to 2022, the number of application development and software deployment demand is predicted to experience incentive growth. The industry is projected to be worth $ 346 billion by 2022. More and more sectors are using DevOps, ranging from banking, healthcare, manufacturing, insurance, and so on. There is an excellent opportunity for Buddy to grow and grow his business.
The team behind the Buddy platform was established in 2007, which until now has attracted many great partners and integration with various ecosystems. Some ecosystems that have a combination with Buddy are VULTR, Digital Ocean, amazon web service, and many more.
2.EXISTING REAL WORLD PROBLEM AND SOLUTION BY BUDDY:
Automated application development services are now a great boon to organizations around the world. However, unfortunately, to adopt this service is quite difficult because of the many challenges that exist. Problems are like lack of practice, tool integration, application complexity, too many tools, no DevOps packages, ignore test automation, legacy infrastructure, mentality, and culture.
Starting with smart contract development isn’t simple, even for experienced off-chain developers. 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. Once just dApps and smart contracts get more complex, bugs and flaws are introduced to the system—waiting to be exploited by bad actors, which may lead to the loss of millions of dollars worth of cryptocurrencies. Moreover, there aren’t any tools mature enough to assist with Blockchain-specific development tasks or build trust between project sponsors/founders & their developers.
Also, automated application development often undermines the culture and performance of the organization, due to conflicting goals and attitudes. The existing solutions are also easily obsolete, due to lack of innovation. Responding to a series of problems, Buddy is here to revolutionize the application automation industry using blockchain technology. Buddy will be a platform that connects users, experts, and developers. Its primary mission is to ease the task of developers in developing applications.
There are various innovative solutions offered by Buddy to help solve problems in the application automation industry. It consists of Automatic Pipeline, Sandbox, DevOps Market, Personal Automation and shared GRID, Integration, and BlockchainOps. Buddy provides more than 70 steps that developers are ready to use for application development automation and deployment.
3.BUDDY's ICO
BUD is introduced as the cryptocurrency token of the Buddy platform. It's an ERC20 utility token that unites Buddy users, developers and experts. It creates a community-driven, decentralized economy in Buddy, the application development automation platform made for developers by developers. It unites developers, experts and users, in their goal to ship applications safer, faster and of better quality. It’s a disruptive approach to the $110 billion market—a market which is currently rapidly growing to an estimated $330 billion5 in the next 4 years, as customers are looking to scale their development automation operations.
The Buddy team says their token has many use cases. For instance, it's a value of exchange because it allows users to trade services in the platform.
It also gives users the right to use the shared automation grid. The token creators also say it can be used as toll or as a method of collecting user fees for jobs done on the shared automatic grid.
Of the total number of premined tokens, 60% will be distributed to ICO contributors while the Buddy team takes up 20%.
Tokens allocated to the team will be vested for one year, and will have a cliff of one year.
The team says they will use half of funds generated to bolster the research and development aspects of the platform. They have also allocated a significant amount of money to fund their go-to-market strategy (35%) to make sure the project is successful.
The token is remarkably proficient, creating powerful positive feedback loops that can disturb the whole market. It has a series of objectives:
To ensure transparency and security for the system’s participants
To provide a true & powerful utility
To develop strong economic incentives
To enhance the platform with the network ownership effect
To stand as a source of governance
The Buddy team plans to create tokens until it hits the set hard cap. This means that there will be no unsold tokens as all tokens will be mined depending on the demand from investors. With this utility token being used more and more in their network, we hope to see an increase in value just from that.
4.THE TEAM
The Buddy Group consists of five co-founders, each involved in more than one role in the platform. The first co-founder was Simon Szczepankowski, an entrepreneur with 15 years of experience in the IT industry. He became the product manager and CEO of Buddy. Raphael Sztwiorok, Project Director and Project Director of Buddy.
Other co-founders are Thomas Korwin-Gajkowski, the architect. Martin Kudla is a software architect with more than 20 years of IT experience and Michael Hankus, Buddy's senior software engineer andhave over 15 years of experience in his subjects.
There are more people in the team, the white paper listed 17 team members and all of them are based in their respective areas. You can look for their profile on Linkedin
5.Roadmap
6.Partners:
The team also mentioned that their current solution have been working with industry giants like Azure, Google Cloud and Github to provide solutions for the ecosystems of the world's biggest players. Featured customers: INC. Magazine, CGI.com & ING Bank
7.Rating
The overall rating is high and everyone is looking forward to Buddy keeping their words on utilizing A.I for a wonderful platform for app development
8.Conclusion
In short, this can become a successful project. The launch of their working prototype seemed to confirm the potential of the project. The fact that Buddy is easy to integrate with existing stacks is a particularly good sign because of the interoperability that sets it up for future success. To their credit, their prototype seems to have attracted major partners, and some paid customers include Inc. Magazine. Add this to the fact that their group seems powerful enough and up to the task and you have a strong product. Finally, its safe to say that Buddy is set to succeed on the road.
For some investors, this may be just like the ideal long term project.
Links:
Whitepaper: https://files.buddy.works/ico/BuddyWhitepaper.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=3798597
Facebook: https://www.facebook.com/gitbuddy/
Twitter: https://twitter.com/buddygit
Telegram: https://t.me/buddytoken
Reddit: https://www.reddit.com/r/buddyhq/
Github: https://github.com/buddy-works
Medium: https://medium.com/@BuddyWorks
Author: Khuongcute2503
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2080664