DBGrow: Initial Pledges

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ORIGINAL PLEDGES START
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Other

DBGrow will maintain 50% efficiency through the first year.

Through Q2, DBGrow shall liquidate only the FCT needed to cover tax liabilities.

DBGrow will submit support staff entries to the Factom Mainnet every 3 hours.

For managing two nodes at 50% efficiency
  • At a FCT price of $15.29 we will scale down operations.
  • At a FCT price of $8.64 we will scale down to only staff in server support roles.
  • At a FCT price of $5.55 we will scale down to a single server support employee that will respond when server issues appear.
For managing a singly node at 50% efficiency
  • At a FCT price of $29.1 we will scale down operations.
  • At a FCT price of $15.8 we will scale down to only staff in server support roles.
  • At a FCT price of $9.64 we will scale down to a single server support employee that will respond when server issues appear.
DBGrow will be capitalized by a $50,000 fund to maintain the operation of M3 nodes in severe market conditions.

Development

Tentative Development Plan:
  • Overhaul DBGrow.com to reflect Factom operations
  • Full Support System Application
  • Factom Quickstart AMI’s for AWS, Azure, and Digital Ocean
  • Point in time snapshots of testnet and mainnet
  • Alpha Factom Dapps library
  • Alpha Factom ObjectDB library
  • POC Factom HPLC/MS interface
  • Alpha Factom MongoDB library
  • Exploration of Factom in scientific applications
  • Continue development of most promising projects toward production ready release
Future interests:
  • Factom Wiki
  • Scientific Applications of Factom
  • Public Key Infrastructures
Marketing

Tentative Marketing Plan:
  • Pursue new avenues to promote Factom online and at SIlicon Valley events
  • Begin developer relations campaign
Testnet

Maintain 1 node per mainnet node

Give same level of support

Willing to run additional nodes upon request
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ORIGINAL PLEDGES END
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