Roba Realty
- Thread starter ohakim89
- Start date
Secured
Thank you for applying. A few questions I am asking all applicants,
- How many person-hours per week do you expect your team to devote to this ecosystem?
- How will these hours be distributed among your members?
- How will this be distributed among your ANO activities (open source project dev, proprietary project dev, protocol level technical involvement, governance involvement, marketing/promotion … )?
- Can you give a list of demonstrable metrics that the community could use say 6 months or a year from now if you are selected in this application to evaluate your ANO?
1. What pledges you are making to grow the protocol via grants (if any)?
One of the main areas we will focus on is to introduce Blockchain to the real estate industry and consumers. Specifically, we want to be one of the very first companies who will offer a very straightforward, simple, but very valuable service to purchasers and sellers at the time of closing. Using a combination of grants and our own resources, we will utilize our connections and expertise in real estate market to record some of the most important real estate settlement documents using Factom. For a minimal fee, we will offer to record property deed, deed of trust, inspection and appraisal reports, property plats to purchasers and sellers. While at this moment, existence in blockchain does not replace legal property registration, we feel that many consumers will pay a minimum fee to have their most important purchase documents be recorded using blockchain. We will utilize the settlement companies, real estate brokers and agents to offer blockchain registration as a service to clients in return for a referral fee where the real estate regulations allow it.
2. What pledges you are making to grow the protocol in general (via ANO payouts or simply by time/resource dedication)?'
In addition to the above, we will have staff dedicated to searching national and international federal grants that allow research and development in the blockchain space. We will use the grant pool process, as well as Roba's income from the factoids to fund the process of applying for national and international federal grant opportunities. We believe there are opportunities and requirements in the federal contracting world that can be fulfilled by using blockchain technology like Factom. An example we use in our proposal is to find US and international grants to aid countries like Afghanistan in tackling their serious record keeping and land registry problems. Since creating a response to proposals requires serious time and money, we would use our ANO funds to go after certain work, and in instances where we are awarded, the grant money from the award itself would be used to fulfill requirements.
1. We anticipate our staff will dedicate a combined 80-90 hours per week as a starting point.
2. Linux Admin- 15 to 20 hours per week
Systems Admin- 15-20 hours per week and will cover work during non regular hours
35-45 hours per week dedicating time to marketing, research/content development and publishing, business development/relationship development within real estate community including National Association of Realtors and Northern Virginia Association of realtors, where our CEO who is a Principle real estate broker has connections. In addition, business development on the government contracting side and pursuit of opportunities through grants and contracts.
3. Protocol level technical involvement : 30%
Governance involvement: 20%
Marketing/Promotion and Business Development: 40%
Open source development: 10%
4. Maintaining at least 99% Node uptime
Level of Exposure in the real estate community, specifically our success rate in promoting and familiarzing Factom to key players in the market such as National Association of Realtors
Number of Published articles
Number of grants applications(through Factom Grants pool) and development ideas
Social media presence and ANO updates
Number of opportunities identified and pursued through FBO.gov
Success in securing at least 1-2 informational meetings related to our focus on land records in Afghanistan
Thank you for your questions,
We don't plan on completely recreating the wheel here, our intention is to use some readily available tools with some modifications that will allow us to leverage Factom's protocol to solve some common problems in the industry. The technology has reached a point where there are API's that allow you to integrate systems and create blockchain based solutions. One of our stated goals is to present a blockchain based solution for securing our customers closing accounts, there is at least one ANO that has an API that we could use for this. Factom also has solutions that we have looked into, such as their digital vault that would allow us to secure an entire record catalog of each loan file and every document related to a closed loan. Factom also has a sandbox that allows devs to create and implement quick proof of concepts. We intend to look at options for developing some simple yet effective solutions in house, and also have technical talent we can reach out to. We intend for this to be a web based solution, at least initially, with eventual mobile compatibility for ease of use.
Thank your for applying and for providing the previous answers in this thread.
I noticed this in your application:
"Paris and Osaka each have 3 AZ’s and Roba intends to implement load balancing with several high availability zones within and across each region, so that if one instance fails, another instance will be able to handle the requests with no interruption in service."
1) Please provide a technical description on how this will be configured and deployed, and;
2) Have you tested this approach on the Testnet?
Edit:
3) How will you fund 80-90 hours a week based on the current token price of $6.7 when also paying for hosting and associated costs?
4) What is the minimum price you would be able to operate your servers at (2 servers at 50% efficiency) and using the technical setup you described in your application?
I noticed this in your application:
"Paris and Osaka each have 3 AZ’s and Roba intends to implement load balancing with several high availability zones within and across each region, so that if one instance fails, another instance will be able to handle the requests with no interruption in service."
1) Please provide a technical description on how this will be configured and deployed, and;
2) Have you tested this approach on the Testnet?
Edit:
3) How will you fund 80-90 hours a week based on the current token price of $6.7 when also paying for hosting and associated costs?
4) What is the minimum price you would be able to operate your servers at (2 servers at 50% efficiency) and using the technical setup you described in your application?
Last edited:
NK01)
Could you please respond to question 3 from quintillian with current token price of around $4.50
NK02)
How important do you find the testnet for applicants to show they got the basics of running authority nodes down?
NK03)
Could you explain why your testnet node still is running version v5.1.1-alpine at least 7 weeks after the first update has been posted and in the meantime several have followed as well in which all tesnet participants were asked to update their nodes? I count at least 3 missed versions.
Could you please respond to question 3 from quintillian with current token price of around $4.50
NK02)
How important do you find the testnet for applicants to show they got the basics of running authority nodes down?
NK03)
Could you explain why your testnet node still is running version v5.1.1-alpine at least 7 weeks after the first update has been posted and in the meantime several have followed as well in which all tesnet participants were asked to update their nodes? I count at least 3 missed versions.
As we mentioned in our application, we do have up to 50k of funds to tap into, should the situation call for it. We have been using out of pocket funds for our testnet server since February. Furthermore each member of our team understands the market conditions, we are prepared to hold of on salaries and selling factoids, as many ANOs are doing.
Currently, we have only one testnet server (Roba-test1). We upgraded the Ubuntu server to the 18.06.0-ce , and Roba-testnet1 is currently running the latest version v5.4.2-rc1. Our main system admin was out of town for several weeks, and this impacted our test net maintenance. This also ties into our delayed response, we were attempting to coordinate some answers with him that proved to be a challenge. With the addition of our 4th member and system engineer, this will not be an issue.
As mentioned in NK03, we had our main system admin out of reach for a prolonged period of time unexpectedly, coordination proved to be an issue