Distributed Fund - EOS BP: Statement of Values, Roadmap, Finance

in #eos6 years ago

Hi all. We want to add some points to our previous post (https://steemit.com/eos/@distributedfund1/distributed-fund-eos-bp-block-producer-candidacy) on EOS Block Producer Candidacy.

Community Benefit Projects Roadmap

Community Benefit ProjectObjectiveCompleted by
Developer Meetups in MoscowCoordinate and help blockchain team build dApps and cross-blockchain appsRegular, 1 times per month
HackathonAttract Russian developers to build applications on EOS platformQ3 2018
EOS Fund + IncubatorLaunch EOS applications funding activities in our venture fundQ3 2018
Educational programTeach developers and students to build dApps on EOS blockchainQ3 2018
Supporting the implementation of Ethereum-EOS BridgeTransfer the value from Ethereum ecosystem to EOSQ3 2018

Technical Roadmap

Distributed fund is affiliated with software development company SecretLab LLC and shares all the needed resources. Companies have the same management teams. SecretLab works with high load web services, mobile apps, and complex infrastructure systems since 2011. The team consists of 12 IT professionals. The main development focus is media services, banking applications, logistics and business automation. At the moment SecretLab is involved in the development of modular cryptocurrency wallet and secure hardware crypto storage. So we fully staffed to maintain EOS Block Producer.

Some additional information about our team you can find in presentation: https://www.dropbox.com/s/7g2wq6ilplu2uqb/Distributed%20Fund%20-%20EOS%20BP.pdf?dl=0

May 2018

  • Testing servers and EOS Node (already running)
  • Install backup node

June 2018

  • Implement security audit.
  • Implementing 24/7 support service for BP nodes.
  • Analysing network activity and publishing scaling plan for EOS BP.

Q3 2018

  • Launch backup nodes in South America
  • Begin scaling server operations.
  • Hiring additional team members

Q4 2018

  • Building highload infrastructure (with loader balancer and so on)

Transparency, Finance and positions on dividends

There is a big uncertainty about the allocation of expenditures. It will depend on the inflation rate, real transaction volume and growth rate of transactions. Our plan is to do regular monthly report describing all expenditures for the previous month.
Current estimation of our expenditures you can see in the table below:

ExpendituresObjective
Operational Costs30%
Investments in infrastructure20%
Taxes and Legal20%
Supporting dApps development20%
Meetups & Other community projects10%

Distributed Fund - EOS BP as a Block Producer will always abid all aspects of the EOS constitution including never paying voters for support. We promise to be honest and transparent with EOS community.

Testnet

We’re currently producing blocks on EOS Jungle Testnet.
Testnet node: Mongoose.

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