BlackBox: Uplift the Organisation Performance using Blockchain
Overview:
Traditional centralized organizations are full of inefficiencies, tools they are using for the work is too expensive and inaccurate. It is a distributed application (dApp) it is aiming for the organizations to improve their workflows, and get rid of repetitive processes and to quantify the structured and unstructured data
They have created unbiased compensated protocol called Proof of value(PoV) which will fairly compensate the contributors based on their value added to the organisations.
BlackBox OS:
It is a decentralized application it is aiming to add value to the organization by aggregating the individual efforts. It is mainly focusing on the five parameters such as governance, compensation, identity, management and security
Governance:
Every organization is different from others in its operations. BBOS is aiming to provide flexible solution for organizations by encouraging young talent and providing loose structure from senior team.
Compensation:
It believes fair compensation leads high efficiency from the contributors and better quality of work, it analyses the value added by contributors.
Identity:
Identity in this platform reflects not only your name and employ id, it shows your reputation, expertise and value added by you for the organizations. It is used to compensate based on their value.
Management:
It removes the inefficiencies in the organizations each from project management to personal management by fulfilling organization goals and accomplishing the employ requirements.
Security:
BBOS is very conscious about cyber security in the organizations basically organizations have two major cyber security threats from internal and external. It takes necessary actions for the such systems or individuals by disincentivizing and its permissive blockchain stops cyber-attacks from externals
DVP (Deliverable Value Points):
It is metric points which reflects the individual value based on their skills and efforts, it is not accounted for outcome and cost, it is just considered for expected outcome.
BlackBox platform has many advantages such as transparency, all the proposals are voted in the blockchain network, which can’t be altered, all the information is stored in off-chain which ensures accuracy of the information and it has clear expectations of compensation which will be agreed at the time of proposals
Token economy:
BlackBox issues utility tokens called “BBOS” which can be used in the internal ecosystem for the services and incentivization for value added to the organizations
Token details:
Token symbol: BBOS
Total supply: 1,000,000,000
1 BBOS= $0.16
Accepted currency: ETH
Hardcap: $10,000,000
Pre-Sale 1: Ends on 25th July 2018
Pre-Sale 2: 26th July to 3rd August 2018
Team:
Jason J Sosa – Founder/CEO
He was an advisor to $20M early stage venture fund, working with startup founders and senior management. He was also the CEO of IMRSV company for four years.
Benjamin Stewart – CTO
He has 2+ years of experience in Blockchain. He worked as a software engineer in Betterment company for 1 year.
Bob Goodman – Board Member
He is an engineer and has his MBA from ST. Edward’s University. He has served the position of CEO in companies like ShapShift, RxAssurance Corporation, Basic 3C etc.
Verdict:
Pros:
• Social media hype is very good, its telegram community has 18k+ members
• Team members are experienced from reputed MNCs like Google, Apple, Disney, Nike, etc.
• Team members are having decent experience in their respective fields and core team members are experienced in blockchain technology
• Advisory team consists of six members from different fields such as cryptocurrency, blockchain, legal, etc.
• Website and whitepaper has clear explanation of the project
Cons:
• Road map is not clearly drafted
• No partnership is mentioned in the whitepaper and website
• MVP is not yet released
Links:
Website: https://token.blackboxfoundation.org/
Whitepaper: https://docsend.com/view/zn2axya
Telegram: https://t.me/blackboxtoken
Twitter: https://twitter.com/blackbox_found
Facebook: https://facebook.com/Blackbox-Foundation-350303788796658/
Medium: https://medium.com/blackboxtoken
Bitcoin talk Username -anushkamehta0902
Bitcoin talk URL: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH Address – 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a