With a strong use case and ability to emerge as a leading player in a multi-million dollar market, Buddy is a promising ICO which in all probabilities could become a hot favorite of developers and experts across the globe. With already over 7000 clients worldwide including some big names like INC magazine and Docplanner, experienced industry experts leading a performance driven team, and meticulous planning and presentation, this ICO gets full marks on credibility, roadmap, and team. Buddy ICO is already popular with most ICO review sites and forums giving it an absolute positive review for all the right reasons. You might be thinking why I’m going gaga with Buddy? Well, before making any further estimations as I might be on the verge of sounding overwhelmingly favorable about Buddy let’s get into our critical and analytical Buddy ICO Review and analysis where we will see why and how investor-friendly is Buddy ICO.

Buddy ICO review

What is Buddy ICO all about?

In a nutshell, Buddy is a “Decentralized Development Automation Platform”. However, that’s a tad bit heavier on the technical side. Let’s make it simpler. Buddy is basically a decentralized platform for developers through which they help them with building and deploying software and apps. They make it easier for developers by making the entire process automated with a host of features that are developer friendly including 80 carefully crafted automation actions that help users develop and deploy software.

Case study

This helps the businesses in working more efficiently allowing developers to develop and upgrade custom apps with greater ease and making it scalable. Buddy platform also aims at creating a decentralized software development and operations marketplace further benefiting developers and businesses. Moreover as decentralized apps using blockchain technology are getting increasingly popular with businesses and developers Buddy platform also offers automation steps dedicated to blockchain apps. So, Buddy is a platform which is all about effectively facilitating development and deployment of apps.

Buddy ICO project is developing an open DevOps marketplace

While Buddy already has around 80 defined actions that help automate the app development and deployment process the platform is also creating a marketplace where everyone can submit their own “actions” to the Buddy’s DevOps Marketplace. “Buddy will help third-party developers make a profit by charging for their solutions submitted to the DevOps Marketplace, at the same time allowing them to publish plugins for free. It will require that the authors who want to participate in the marketplace allow free usage of their apps by non-commercial open-source projects, thus helping the whole Blockchain technology ecosystem grow.” They are also strict with the published content as only original entries will be posted after a careful vetting. The marketplace will definitely enhance the functionality of the Buddy platform as well as it allows for a steady and scalable revenues stream.

Buddy ICO: Tokens issued by an already profit making company

Buddy platform is developed by a team that got together way back in 2007 while bootstrapping Springloops, a subversion hosting platform with deployment tools for web developers. Thereafter the idea for creating a platform like Buddy that allows developers to apply automation into application development process took an organizational shape in 2015. By 2016 Buddy had already partnered with popular industry names like Google, Github, and Microsoft. The platform is already getting traction and generating revenue.

The Buddy Team

Buddy has a very experienced and strong team led by CEO, Product Manager & Co-Founder, Simon Szczepankowski, a SaaS entrepreneur with over 15 years 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). Team’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.

Buddy ICO Token Sale Details

With ICO token sale starting 1 August 2018, the total amount of BUD token (Buddy token) to be generated is 670 million and a minimum of 500 million tokens. The price of each BUD token is fixed at 0.0002 Ethereum’s Ether tokens. The tokens are developed on top of Ethereum’s Blockchain with ERC20 protocol.

As the project reaches the maximum hard cap of 670 million BUD tokens no further tokens will be generated. The hard cap amount which will be sold in the crowdsale is 60,000 ETH.

60% of BUD created during the ICO is allocated to the contributors who bought the token via our booking platform, 20% of BUD is allocated to the Buddy Team, and 15% of BUD is reserved for new contributors, partnerships & community initiatives. While 4% goes towards Legal, Advisory and Bounty, 1% tokens will be distributed through airdrop to promote the project. 5,000,000 BUD will be airdropped to currently paying Buddy customers.

Advantages Buddy ICO:

A very strong team of industry experts with an already up and running platform generating profits.

Great for Developers and Experts as the platform actually makes their tasks easier.

Huge Market estimated to be 113 billion annually and hence immense growth potential.

Clear roadmap and very detailed planning.

Multiple defined revenue streams which are realistic and scalable.

BUD tokens have investor friendly use case on the platform and as it is already functional and profiting enterprise chances are that it sees a steady rise in value over time.

Concerns:

Marketing plans for further client acquisition need more detailed and refined focus.

Strategic analysis of competitors would help earn more confidence of investors and will also be benefitting to the project.

Participation through Ethereum’s Ether tokens provides investors with limited option.

Verdict

While most ICOs are about Blockchain projects under development and the funds are primarily raised against a mere idea or ideas coupled with planning, Buddy ICO stands out of that crowd. This is a fully functional mechanism already popular and being used by top brands like INC magazine. Adding to the proven expertise of the performance-driven technical team is the fact that they have already been acknowledged as partners by reputed names like Google and Microsoft. The project’s marketplace allows the project to expand in all dimensions. The ICO is indeed investor friendly as the tokens have diverse and defined utility on the Buddy platform as well as the chance of an escalation in prices of the tokens are high for a number of reasons and the most prominent being that it is an already functional project that has demonstrated its potentials. Buddy ICO is definitely a premium ICO that should attract both enthusiasts and seasoned crypto investors.

Stay tuned for a more in depth Buddy ICO analysis which will be presented very soon!

Visit the official website of Buddy: https://token.buddy.works/