What is Epics?
Epics is a decentralized crowdsourcing platform for incentivizing open source software development.
Clients can set up a GitHub issue as a Quest (Smart Contract).
Developers can receive token prizes by solving GitHub issues (Quests).
This ecosystem makes developers focus on problems in their expertise. Also, clients will be able to solve more advanced problems.
The more token prizes, the more attention to be solved issues. As a result, open-source software grows faster in quality.
Epics solves resource imbalances in software development.
About 10 years after it was said that "every job becomes a program". Computer performance improvement has become the basis of all evolution in the world, and in the last 10 years, every company is essentially becoming a software company. AI and big data have a great influence on thinking and problem-solving approaches, and are producing revolutionary results every day.
Open source software is now the mainstream of commercial software development and the engine of innovation. In "The 2021 State of Enterprise Open Source: A Red Hat Report" published by Redhat, digital transformation has become one of the top use cases for open source software. It has also been pointed out that the reasons for using open source software are more innovation drivers and security than cost, and the reason for using open source software in all industries is migrating from low cost to the driving force of innovation.
Neither Apple nor Google can innovate without open source software, because Xcode LLVM and Android are used in many software developments. Excellent security is also an important merit of open source software, and open source software is the most important for successful software development, not only for general enterprises.
Open source software development may be led by companies such as Google and Meta and have their own open source software development teams, but it is often developed by communities and organized by volunteers. Most developers devote their leisure time to open source development while working for a company. With considerable sacrifice and altruistic spirit, their source code is open to the public, free for anyone to use, and free to modify and redistribute.
Maintenance is essential for software. Also, as it is used everywhere, the response to edge cases (such as bugs that occur in some cases) is increasing, and the complexity of the code continues to increase. Developers are struggling to solve issues every day, but they are overwhelmingly lacking resources for ever-increasing problems.
Legacy corporate development
There are stages in the services provided by companies. Innovative development work is possible at the stage from service launch to release, and when it enters the maintenance stage after that, it is difficult to make major innovations for various reasons. After the release, stability is often required, so it is necessary to work with a different idea from innovation.
The liquidity of a company's development resources is not that high. Even developers with innovative work rarely change their workplace with each release of a service. Development resource mismatches occur here.
Even though the world is seeking innovation, companies are wasting their innovation resources at some stages as they mismanage their development resources. Imposing unwilling recruitment, schedule management, and chores on valuable people with high skills who can improve open source software has led to global losses.
And now that innovation is happening on open source software, we need to free this unwillingly wasted, high-tech developers and allow them to focus on innovative code.
Ambitious developers should focus on innovation. As we have seen and felt, there seems to be no limit to what even a single developer can do. Simply, in order to innovate more, more developers need to focus on their areas of expertise in the best possible environment.
Developers have a wide variety of skills, and each person has a different field of performance. Open source development works with developers around the world, so you can join your favorite timezone and community. It is possible to thoroughly pursue each technology that developers are interested in.
By realizing "a world where you can become financially independent by contributing to open source" in this way, the efficiency of software development resources in the world will dramatically improve.
Workstyle as a developer of new era
What We Create
Epics is a decentralized crowdsourcing platform for open source software development. Clients can set token prizes for GitHub issues as quests (Smart Contract). Developers can receive token prizes by solving issues (Quests).
Benefits as a developer
Developers can get token prizes by participating in and clearing their favorite quests from among the prize quests. This means that you will be able to invest 24 hours in sharp technology.
In the business of an existing company, it is necessary to be involved in a wide range of services to be provided, so developers with a wide range of general-purpose technologies are easier to handle and have a great advantage in nurturing, so the environment is specialized.
As a decentralized crowdsourcing platform, Epics can contribute to the development of various projects while optimizing developer resources so that each developer can concentrate on his or her favorite and strong fields. We will create a world where we can make a living from the token prizes.
Clients (individuals to businesses, DAOs, open source software communities, etc.) can partially get the help of highly skilled developers around the world. We sometimes encounter difficult problems in service development, but in many cases it is related to the library (open source software) we are using, and it is often impossible for the team to do anything about it.
As mentioned above, the existence of open source software has become indispensable in software development. It is no exaggeration to say that we are now creating software with a combination of open source software. When using such a lot of open source software, problems occur, such as a slight mismatch with a use case or a bug in the part being used. Developers have to make the choice to fix the source software or stop using it and look for other solutions (this kind of modification is very annoying due to the wide scope of source code).
If you find a bug in open source software, you can publicize it as a GitHub Issue and ask for help. However, due to the nature of donations and good intentions, it is difficult to raise the priority of your own issues, and if you can not solve it yourself, what you can do is wait for an influential person to be troubled by the same problem and solve it.
As such, many developers have been forced to engage in very annoying refurbishments. This represents a lack of funding for the importance of open source software. Promoting Issue resolution as a bounty instead of refurbishment costs will result in lower maintenance costs. In addition to that, the promotion of issue resolution improves the quality of open source software, so a virtuous cycle that also improves the quality of all software that uses it will occur all over the world, and all users including clients will be able to do so. We all will enjoy the benefits.
Benefits as a client
Markets We Create
It has changed so that it can be built on top of open source software projects. Improvements in open source software projects lead to improvements in all related software. As a result, companies are increasingly taking the lead in investing money, creating project foundations, and devoting more resources to the development of open source software, but the reality is that there is still not enough.
With global technical debt, what we can do to address it is to consolidate the challenges and develop and disseminate open source software to solve them. Technical debt often stems from reinventing the wheel, where no one knows how to maintain it. Open source software also helps to standardize routine tasks and contributes to improving the liquidity of developers.
We will build Epics, a decentralized crowdsourcing platform, to provide sufficient liquidity for the human resources and funds needed to drive innovation in open source software development.
Epics - Decentralized Crowdsourcing Platform
Clients create quests and set token prizes for the GitHub issues they want to resolve. If there are other clients who want to resolve the same GitHub issue, they can also set additional token prizes for that quest. The client will stake the set token prize amount for the quest. (It will be processed as a token prize by the smart contract at the time of clearing) The minimum posting period is determined by the set token prize amount.
Developers announce their participation in quests through smart contracts. At the time of clearing (resolving the GitHub issue), the token prizes will be distributed by the smart contract to the users who adopted the pull request. In order to reduce waste such as unnecessary Commit count operations, we will completely split the numbers of the users who made the pull request merged.
For 63 months after the service is released, the reward will be paid for the staking of the prize set by the client to activate the market. (Token Economy "Buidl to Earn")
The token prize transaction has a 1% fee, but there is a fee discount for possession of the token below.
BDLC GENESIS NFT
Epics GENESIS Hodler NFT
Epics DAO Releases BDLC NFT Staking on Epics Alpha
Epics users can participate in quests as developers and clients, but quest participants can now stake BDLC NFTs into their participation quests.
By staking BDLC NFT, you can receive EPCT tokens with interest rate according to the rarity of the NFT every day.This interest will accrue during the quest period and will stop once the quest issue is resolved.The user will be able to stake her BDLC NFTs on new quests again after confirming the issue has been resolved.
Client Quest Staking is now Ready
Client quest staking has been implemented 🎉APR 20% staking reward for bounties wagered on quests💰
As long as the quest is open, that quest bounty will be eligible for staking rewards. Staking rewards stop when the first pull request for a quest is approved, and the rewards redeem period begins. So you can redeem staking rewards when problematic GitHub issues are resolved.
GENESIS Hodlers($0.005 / EPCT, raise $250,000): 5%
20% at GENESIS Presale, 60 months linear schedule with 6 months cliff
Presale for IDO($0.01 / EPCT, raise $600,000): 6%
20% at Presale for IDO, 60 months linear schedule with 3 months cliff
IEO($0.02 / EPCT, raise $1,500,000): 7.5%
100% at IEO
Core Team: 20%
40% at TGE, 60 months linear schedule with 6 months cliff
Project Contributors: 10%
64 months linear schedule with 2 months cliff
Liquidity fund (Giving liquidity to the serum DEX market): 10%
10% at TGE, 64 months linear schedule with 2 months cliff
Buidl to Earn (Ecosystem incentive): 35%
63 months linear schedule with 3 months cliff
Future Stakeholders (Burn if unnecessary): 6.5%
60 months linear schedule with 6 months cliff
You can get 1 EPCD with locking 1000 EPCT. You can get Epics fee discounts and participate in Epics Governance.
DAO directions and all important decisions regarding the exchange of money are made through online voting. Voting will be done with 1 EPCD as 1 vote. For open governance formation, anyone with a 1 EPCD can propose a proposal.
Epics Lite Paper, Token Generate Event
Epics GENESIS presale ($0.005 / EPCT, raise $250,000)
Epics White Paper
Epics Alpha launch, Solana Summer Camp Hackathon 5th prize in DAOs track
Presale for IDO ($0.01 / EPCT, raise $600,000), IDO preparation
IDO ($0.015 / EPCT), Solana Break Point, Epics devnet-alpha launch
Epics mainnet-alpha launch, DEX for EPCD open
IEO ($0.02 / EPCT, raise $1,500,000), Epics mainnet-beta launch
Epics mainnet launch
Epics DAO won 5th place at the Solana Summer Camp Hackathon🎊
Epics DAO won 5th place out of over 18,000 applicants in the DAOs track at the Solana Summer Camp Hackathon held July 11-August 16, 2022.
The Solana Foundation announced the results of the Solana Summer Camp Hackathon on September 14th. This is a global competition focused on bringing the next wave of high-impact projects to the Solana ecosystem.
He has been involved in the software business from various positions, from sales to research and development, for more than 10 years, and has developed the serverless framework "SOULs" to solve problems in the field. The project has been certified as an advanced research and development project by the Dutch government. He has strengths in cloud infrastructure and smart contract development from the back end. He is also good at improving the efficiency of development work, and he has invented many tools.
He has been engaged in software product design, development, design and marketing for 10 years. We have strengths in front-end development, and he is good at creating multi-platform compatible (PC, tablet, smartphone) apps with excellent UX due to human-centered design. Since he can participate in cloud infrastructure and smart contract development from the back end, he can design and develop Web3 applications while considering the overall balance. He is also a contributor to Solana Labs.
James Neve Yasui
He is an AI researcher with a PhD in machine learning and has published eight academic papers so far. He has been engaged in research and development of recommendation engine for marriage matching apps, and has a track record of greatly improving the matching rate between users. He has a wide range of knowledge from back-end to front-end to machine learning and can solve the challenges of the team. He can maximize the quality of his products with a multifaceted approach.
The fastest blockchain
Solana is all about speed, with 400 millisecond block times. And as hardware gets faster, so does the network. Speeding up has a positive impact on the user experience.
Low transaction costs
Solana's scalability ensures transactions remain less than $0.01 for both developers and users. Blockchain innovation needs to be low transaction costs to spread.
Decentralized and unstoppable
Not only is Solana ultra-fast and low cost, it is censorship resistant. Meaning, the network will remain open for applications to run freely and transactions will never be stopped.