[ANN][POW/POS] BAKD | Crypto Crowdfunding & Professional Networking | BAKD.io

[bakd]

Crypto Crowdfunding & Professional Networking

Official BAKD Jobs Thread: https://bitcointalk.org/index.php?topic=5034062
Official BAKD Bounty Thread: https://bitcointalk.org/index.php?topic=5041646

BAKD is an online crowdfunding community for cryptocurrency projects. Entrepreneurs who work a full time job already (or maybe not!) can list vetted, or non-vetted instant campaigns. Applying to be, and getting vetted prior to starting a campaign gives projects an instant level of credibility that anonymous, non vetted projects will not have. Whether a campaign is pre-vetted or not, all campaigns are given access to a personal dashboard as well as access to the BAKD community, allowing them to find BAK'ers, mentors, advisors, or other developers for said project -- all under one roof.

Project owners need to setup their disbursement schedules before ever starting their campaigns. These disbursements will be handled automatically by the BAKD Platform's Disbursement System, never needing any human intervention. This is key to avoid having developers and project owners end up with massive, multi-million dollar lump sums, and zero initiative left to continue on building what they set out for, in turn fostering motivation and innovation. Various contests between project owners will also foster a sense of competition between projects, hopefully intensifying the innovation and motivation.

This allows someone who isn't 100% sure they are ready to leave their current day job (like myself), a way to test the water and see if they can't reach their goal of 1, 2, 3, 6, or 12 months of runway time to get a functioning beta out the door.

All of this will be made possible using the BAKD Coin. This will give investors the ability to participate in BAKD campaigns, and it will be the currency in which all disbursements are made to project owners during the life of their BAKD campaign. Disbursements will ONLY continue on if pre-defined milestones are met.

If a project begins to lose traction, developers drop off, or the project turns out to just be a plain old scam -- whatever investor funds are left that have not been disbursed WILL BE RETURNED!

Project owners will NOT have access to the entire sum of invested funds, at ANY time, until the project has reached its final pre-defined milestone. Disbursements can be made on a weekly or monthly basis, but as noted, always in pre-defined amounts. Project milestones will need to continue to be met in order for the disbursements to continue or the platform will automatically discontinue disbursements and enter the project into a "danger zone." If the project owners do not rectify the situation fast enough the campaign is terminated, and the remaining investor funds are returned.

Votes may be called by the projects BAK'ers at any time to rescind all remaining funds for any reason. On the flip side of this, project owners may call a vote to increase their monthly/weekly disbursements, or to request lump sums for specific unexpected costs.

All of this and more is outlined in our onepager, and upcoming whitepaper. Documents and more information can be found on our information portal, BAKD.io. Alpha/Proof of Concept Web Platform progress can be viewed on  BAKD.me.

Official BAKD Onepager (Alpha Version 0.0.1a) has been released!
View Text Version | Graphic Version Coming Soon

Updated Text Version of the BAKD Roadmap (Version 1.0.4) has been released!
View Text Version 1.0.4 | View Graphic Version 0.0.2a

• The BAKD Information Portal (BAKD.io)
  During the early stages of the project, all of our documents, team info, and other misc info will be available here. Essentially an extension of the onepager. When we move to the mainnet stage, BAKD.io will most likely become just another vanity url available to our community members.
  
  
• The BAKD Crowdfunding & Professional Networking Platform (BAKD.me)
  Here is where projects, investors, and community members alike will come together to build, fund, and support new crypto projects. Projects will be listed, funded, and groomed for success by the community. On the flip side, investors will be able to find quality, early stage projects to invest in, or find a new exciting project to get involved in.
  
  - View the Platform Features Doc (v1.0.3)
  
  
• The BAKD Network Protocol & Block Explorer Website (BAKD.network)
  Future home of our protocol. Here you will be able to find network status, check transactions, create a wallet, etc.
  
  - View the Protocol Features Doc (v1.0.3)
  
  

                                                                                               

Coin Specifications
Coin Codebase: Fork of ROICoin
Max Coin Supply: 5,000,000,000
Algorithm: 1 GB AES Pattern Search
Block Size: 1 MB
Max Transaction Size: 250 KB
Block Confirmations Required: 150
Block Timing: 2 Minutes
Block POW Mining Reward;
   - Blocks 2 - 99,999 0 BAKD Coins
   - Blocks 100,000 onwards 100 BAKD Coins
Mining: CPU Only, Solo Mining available From The Wallet With One Mouse Click
Pre-Mine: 10% (500,000,000)

Fixed Staking Terms
Standard POS Reward: Approximately 10% APR
Standard Term Staking Rewards: (7 days up to 360 days)
7 Days Fixed Staking Term 0.25% (13% APR)
14 Days Fixed Staking Term 0.6% (15.6% APR)
30 Days Fixed Staking Term 1.4% (16.8% APR)
90 Days Fixed Staking Term 4.5% (18% APR)
180 Days Fixed Staking Term 11% (22% APR)
360 Days Fixed Staking Term 25%

	Matthew Rankin Co-Founder & CEO matt@bakd.io	Thomas Grenier Co-Founder & CTO Lead Developer tom@bakd.io	Eugene Chernyshov Lead Project Manager eugene@bakd.io
	Timo Güntner Marketing Manager timo@bakd.io	Suyoga Purwana Lead Designer suyoga@bakd.io	Franklin Calles Infographics franklin@bakd.io
	Casey Gardiner Blockchain Developer casey@bakd.io	Gutenberg B. Social Media Manager gb@bakd.io

DEDICATED BAKD DEV JOBS THREAD: https://bitcointalk.org/index.php?topic=5034062

Phase one of the BAKD Bounty Board soft launch is officially live!
Check out the main thread!




Official BAKD Bounty Thread: https://bitcointalk.org/index.php?topic=5041646

DONATIONS ARE 100% ABSOLUTELY NOT NECESSARY, BUT APPRECIATED!
BTC: 14j1QULjScr3mQJ5LLTZxr47htaMyJkDR7
ETH: 0x7f7586a178a26d0fAa607e499FAFEC0Fac5b0F68

Crypto Crowdfunding & Professional Networking Platform

support@bakd.io | developers@bakd.io | marketing@bakd.io | investors@bakd.io

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[bakd]

Here's a few of the logo entries from the contest... help us decide!

Contest Link:
https://www.freelancer.com/contest/Need-a-new-logo-for-startup-project-1399925.html

Small portion of the entries... ton's more great ones

, , , , , , ,

Winning designer will have the chance to sign a long term contract with us if they decide they'd like to!

Every designer who enters will be getting 1,000 BAKD tokens for their time when we go live. Wish we could pick 4 or 5 of these!

[bakd]

Leaning towards this variation of the last image in the first list:



Would look beautiful animated I think. Not sure if it's too dark though, any thoughts?

[Apula]

Seems like an interesting idea, let me go through whitepaper and I'll come back with some questions

[Kirata]

Hi! Do you have plans to put your token on exchangers?

[bakd]

Seems like an interesting idea, let me go through whitepaper and I'll come back with some questions

Thanks Apula! Will keep you posted. Whitepaper is on its way.

[bakd]

Hi! Do you have plans to put your token on exchangers?

Absolutely. However, we don't plan to worry about where quite yet.

Main concern right this second is finalizing the whitepaper, roadmap, etc. Next would be finishing an alpha and testnet.

But, don't get me wrong, we do plan to try and get listed at as many exchanges as possible when the time is right.

-Tom

[bakd]

We've had a handful of people ask about if, when, and where we've listed our project -- as far as ICOs go.

Just to be clear, at this point in time, there are no plans to have an ICO for BAKD.

We feel that having an ICO for BAKD would be hypocritical, seeing that we're building our platform based on the fact that we believe the ICO model is flawed.

Opportunities will still exist for early stage investors interested in becoming a part of BAKD -- just not in the form of an ICO.

Who knows. Maybe we'll run the first BAKD campaign for BAKD itself once we finish the alpha, as a proof of concept.

We're still ironing out details, so if you have any thoughts and want to have a hand in shaping the future of BAKD, join the conversation!

[bakd]

Also just fyi... the bakd.io branding and actual landing page is on its way. Try your best not to judge us by the horrendous one currently up. It's merely a (very short-term) placeholder.

We understand 100% how important the branding is and will be. in my experience, people tend to literally be afraid of poorly designed sites, as if they'll get a virus just from looking at it

That said, what's up now will not be there much longer!

[bakd]

Sorry to anyone who's message me that I have not responded to yet.

Unfortunately because of the limits imposed on new members, I can only reply to 2 messages a day.

Dusting off my BTC wallet now to sign up for a BitcoinTalk.org Copper Membership.

[bakd]

Copper membership all set, message away!

This will help with making updates as well, as you can see, they will be coming frequently over the coming weeks and months.

[dkbit98]

Can we see more information and specification about BAKD token itself ?

Total supply... website.... litepaper or whitepaper...roadmap....

[brookside]

Can we see more information and specification about BAKD token itself ?

Total supply... website.... litepaper or whitepaper...roadmap....

Excellent question, working on alpha versions of each as we speak, should be done by tomorrow night.

[bakd]

Quick update on the logo contest... after 3 days and 170+ entries, we finally have a winner -- hope you guys like it!



We're also in the process of bringing at least 2, possibly 3+ of the designers who entered the contest on board. Some part time, others full time. Pretty exciting.

Current project priorities for today are:

- Finish interviewing and bringing designers onboard
- Finish and release the first version of the roadmap
- Finish and release the first version of the onepager
- Finish and release the feature list for the main application, the social networking application, and the token itself

General priorities for the next few days:

- Finish all paperwork (most importantly the whitepaper)
- Finish all website landers
- Fully spec out all proposed applications/systems
- Onboard at least 1-2 (preferably several) more developers for the main application, networking application, and token
- Onboard at least 1 legal advisor
- Onboard at least 1 crypto/blockchain advisor
- Onboard a project manager who can deal with interviewing, paperwork, and general business tasks that I would much rather delegate.
- Start to onboard at minimum 5-10 well known, respected mentors for the alpha launch

Tons more to do, but this is a quick look into the current progress and next steps for BAKD.

[bakd]

Hey Guys,

Interviewing new team members ran a bit longer than I had hoped yesterday, but still managed to get the text versions of the roadmap and one pager complete.

Graphic versions are being finalized now, and we'll be releasing them shortly.

(Also fyi, we have zero affiliation with Bakkt, nor have we ever claimed to. Aside from the similar names -- which itself is just a coincidence -- completely different ideas and platforms.)

[bakd]

Official Text Version of the BAKD Roadmap (Alpha Version 0.0.1a) has been released!

Download it here: https://bakd.io/docs/BAKD-2018-Roadmap-v0-0-1a.pdf

[bakd]

Official BAKD Onepager (Version 0.0.1a) Released: https://bakd.io/docs/onepager-eng.pdf

[Kevala]

Hey there. At what date does the ICO of this platform start?

[bakd]

Hey there. At what date does the ICO of this platform start?

Hi Kevala,

At this point, I'm doing everything possible to try and avoid an ICO. Researching other avenues of funding, considering running BAKD as the first actual BAKD crowdfunding campaign when I get the alpha running, or even just continuing my daytime programming job until we launch.

If I can't continue to fund things on my own, or find a small investment -- a small pre-sale or ICO may be unavoidable. Who knows, we'll see.

[bakd]

Quick update on future document releases... Docs will no long contain version info in the filename itself.

Only the document type, and the language it is written in.

Version info, as well as last edit dates will be added to the front page of each official BAKD document.

For example:

for the English version of the BAKD onepager
https://bakd.io/docs/onepager-eng.pdf

likewise, for the English roadmap
https://bakd.io/docs/roadmap-eng.pdf

Only major revisions to these documents will be announced from now on. There will be minor updates coming frequently for each doc, so make sure to check back often.


Next, if anyone is interested, we need help with translating these. Will be setting up bounties for this shortly. Would like to translate all of our docs into as many languages as possible.

Thanks!
Tom @ BAKD.io