Stamp-it 3rd 2019 quarterly report

Previous Updates
Secured
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ORIGINAL PLEDGES START
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-DEVELOPMENT

--Integrate Factom into existing software
------Factomize data from partner’s ”Day-to-day life and life after death” platform

--Develop and operate a publicly available cloud service, callable using developer-friendly API

--Target existing clients and contacts to quickly start projects using Factom protocol

-MARKETING

Initially, we will use our existing channels to promote the integration of Factom where it could be needed.

--Promote the integration of Factom through institutional clients
----Smart Cities
----Government
----Entertainment
----Defense and security

As our commercial revenues are increasing, we plan to contribute to the marketing of Factom on a larger scale by

--Contribute to the marketing of Factom by organizing hackathons
--Contribute to a blog and participate in commercial shows
----Crypto-conference
----Blockchain Summit

-TESTNET

--Two Testnet nodes

-OTHER

-- Upon the creation of our corporate entity, 50 000$ will be invested to maintain the Authority servers, bootstrap the development and avoid liquidating the Factoids at the start.
-- We will hire developers as soon as possible, when it is sustainable to do so.

- PLEDGED EFFICIENCY

2 nodes: 50%
1 node: 50%
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ORIGINAL PLEDGES END
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Secured
Here is the roundup of our original pledges.

Marketing:

We approached one potential partner which showed great interest in adding factom support in its application. We are currently working on a formal agreement with him.

Development:

We plan to start integrating factom support in our partner platform as soon as a formal agreement is made. We are in the closing stage.

Testnet:

We have two testnet nodes running, one in the authority set and one follower for brainswaps and maintenance.

Other:

Part of our initial investment allowed us to buy hardware and pay for the operating fees up to now. We have not hired anyone beyond the 3 founders at this time because it would not be sustainable to do so. We haven't sold 1 Factoid yet (1 month worth)

Pledged efficiency:

We are running two nodes on the mainnet at 50% efficiency.

Feel free to ask any questions, we'll be glad to answer them as best we can.
Current Update: Stamp-it 3rd 2019 quarterly report