BaaS

Blockchain as a Service

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About BaaS
BaaS， a smart services platform based on blockchain technology.
We are committed to building a smart services platform based on blockchain technology to make this technology easier to use. The accessing needs for enterprises can be met by connecting to various professional service resources (storage, computing, memory, devices and applications) in the BaaS network.
BaaS platform is an open platform. Any resources based on BaaS smart protocol can be connected to BaaS platform.
BAS is the only token of BaaS platform (network), which can activate various service resources (storage, computing, memory, devices and applications) and add them to BaaS platform. It can also buy and use the services provided on BaaS platform.

About BAS
BAS is the only token of BaaS platform (network), which can be used to activate, purchase and use various service resources. It is not cryptocurrency. Although we adopted the same technologies, they are fundamentally different.

We dont recommend regarding BAS as cryptocurrency and speculating on it, and we cannot guarantee its investment value and access to certain cryptocurrency exchange platforms, etc.

About the team
Our technical team has 10 years of experience. In the past ten years, we have provided professional platforms, search engines and middleware services to enterprises. Our PaaS platform has been adopted and developed by a number of enterprises.

We have our own budget, research and development funding as well as income from sales to maintain the operation of the team.
Most of the team members have worked in listed companies and transnational listed companies. They have more than 15 years of technology development experience and industry experience, while some members have made great contributions to other blockchain programs on the market.

Our Advantage
Funding Support
We dont need to raise funding in the community to support the operation and development of the platform. So far, we have invested more than USD $1million and the amount of investment is still increasing.

Team Support
There are more than 20 members in our technological team to develop and operate BaaS platform. We believe that our team will be continuously expended.

Technology Innovation
We have 10 years of industry and technological experience in the development and application of PaaS platform and it has been adopted by many enterprises. We have conducted almost 3 years of research in blockchain industry and some members had played important roles in other blockchain programs. Smart protocol and multichain-capable blockchain are the innovative and unique designing and technological idea of our BaaS platform.

Token Specs

___________________________________	_________________
Consensus Algorithm:	Proof-of-Stake
Block Time:	60 Seconds
Difficulty Retargeting:	Every Block
Max Token Supply (PoW Phase):	1,250,000 BAS
Max Token Supply (PoS Phase):	Infinite
Premine:	1,250,000 BAS
Masternode Collateral:	25,000 BAS

Reward Distribution
PoW Phase

_______________	__________________	_________________	__________________
Block Height	Reward Amount	Notes	Duration (Days)
1-2000	625 BAS	Initial Premine	2~3 Days

PoS Phase

________________	_____________________________________________________________
Block Height	Reward Amount
2001-Infinite	Variable based on Normal Distribution Reward Mechanism

PoS Rewards Breakdown

__________	___________________	___________	________________	________________	_______________
Phase	Block Height	Reward	Masternodes	Stakers	Developer Fee
Phase 1	2001-264800	1 BAS	65% (0.65 BAS)	15% (0.15 BAS)	20% (0.2 BAS)
Phase 2	264801-527600	2 BAS	65% (1.3 BAS)	15% (0.3 BAS)	20% (0.4 BAS)
Phase 3	527601-1053200	3 BAS	65% (1.95 BAS)	15% (0.45 BAS)	20% (0.6 BAS)
Phase 4	1053201-1578800	5 BAS	65% (3.25 BAS)	15% (0.75 BAS)	20% (1 BAS)
Phase 5	1578801-2630000	10 BAS	65% (6.5 BAS)	15% (1.5 BAS)	20% (2 BAS)
Phase 6	2630001-4206800	15 BAS	65% (9.75 BAS)	15% (2.25 BAS)	20% (3 BAS)
Phase 7	4206801-5258000	10 BAS	65% (6.5 BAS)	15% (1.5 BAS)	20% (2 BAS)
Phase 8	5258001-5783600	5 BAS	65% (3.25 BAS)	15% (0.75 BAS)	20% (1 BAS)
Phase 9	5783601-6309200	3 BAS	65% (1.95 BAS)	15% (0.45 BAS)	20% (0.6 BAS)
Phase 10	6309201-6572000	2 BAS	65% (1.3 BAS)	15% (0.3 BAS)	20% (0.4 BAS)
Phase X	6572001-Infinite	1 BAS	65% (0.65 BAS)	15% (0.15 BAS)	20% (0.2 BAS)

The recruitment of seed nodes has been started
We are recruiting up to 40 seed nodes globally to participate, govern and develop BaaS platform. If you are a team or a developer and interested in BaaS platform, please contact us at: vc@baas.io.

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