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.

1. Epics DAO
Incentive Revolution for Open Source Development

2. Agenda
1. Team
2. Open Software Revolution
3. Challenges of Open Source Software Development
4. What is Epics?

3. 1. Team
● Members
● History

4. Members
1. Team
Fumitake Kawasaki
Co-founder
・Smart Contract
・Cloud Infrastructure
・Back-end
Shota Kishi
Co-founder
・Software Design
・UI & UX Design
・Front-end
James Neve Yasui
Technical Advisor
・Machine Learning (Ph.D.)
・Back-end
・Front-end

5. History
1. Team
Established ELSOUL, INC, an IT solution and application development company
2012.4
2017.5 Amazon Web Services Official Partner
2017.8 Google Cloud Official Partner
2018.1
2018.4
2020.9
Alibaba Cloud Official Partner
Established offshore development companies in India and Vietnam (withdrew
in 2019)
2021.4
Established a software laboratory (ELSOUL LABO B.V.) in Amsterdam, the
Netherlands
2022.9
The serverless application framework "SOULs" has been certified as an advanced research and
development (WBSO) by the Dutch government.
Epics Wins 5th Place at Solana Summer Camp Hackathon
※WBSO: https://www.rvo.nl/subsidies-financiering/wbso
2022.10
Epics Platform has been certified as an advanced research and Development
(WBSO) by the Dutch Government

6. 2. Open Source Software
Revolution
● Usage
● Purpose of Use
● Economic Effects

7. 2. Open Source Software Revolution
“You can’t develop software
anymore these days without
doing open source. ”
Wolfgang Gehring, FOSS Ambassador
// Mercedes Benz Tech Innovation
※ Octoverse 2022: The state of open source software - https://octoverse.github.com/
Today, we live in a very different world.
Ten years ago, Docker and Kubernetes hadn't even been released.
They are now an integral part of application development.

8. Usage
2. Open Source Software Revolution
97%
78%
of codebases
contained
Open Source
of code in
codebases was
Open Source
※ 2022 OPEN SOURCE SECURITY AND RISK ANALYSIS REPORT
https://www.synopsys.com/software-integrity/resources/analyst
-reports/open-source-security-risk-analysis.html
94M 90%
developers are on GitHub of companies use
Open Source
413M
90%+
Open Source
Contributions in 2022
of Fortune 100
companies use GitHub
10y ago:
2.8M
27% YoY
※ Octoverse 2022: The state of open source software - https://octoverse.github.com/
※ State of Open: The UK in 2021 Phase Three The Values of Open (October 2021) -
https://openuk.uk/wp-content/uploads/2021/10/openuk-state-of-open_final-version.pdf
30%+
※ Why more companies are investing in open source program offices (2022)
- https://github.blog/2022-11-09-why-companies-are-starting-ospos
of Fortune 100 companies
have OSPOs
(Open Source Program Office)

9. Purpose of Use
2. Open Source Software Revolution
1. 62% IT infrastructure modernization
Top uses for enterprise open source
2. 54% Digital transformation
3. 52% Application Development
4. 48% Application Modernization
※ The State of Enterprise Open Source: A Red Hat report (2022)
- https://www.redhat.com/en/resources/state-of-enterprise-open-source-report-2022
“Open source helps companies
increase project engagement and
visibility”
● Attract (and potentially hire) more talented developers to
work on your project and improve it
● Increase visibility and usage of projects and technologies
● Developing the project community and building trust within
the wider developer community
※ Octoverse 2022: How companies are investing in open sourcet -
https://octoverse.github.com/2022/how-companies-invest-in-open-source

10. Economic Effects
2. Open Source Software Revolution
※ The impact of Open Source Software and Hardware on technological independence,
competitiveness and innovation in the EU economy (2021) -
https://digital-strategy.ec.europa.eu/en/library/study-about-impact-open-source-softwar
e-and-hardware-technological-independence-competitiveness-and
€65~95B
Economic Contribution of Open Source in EU (2018)
※ State of Open: The UK in 2021 Phase Three The Values of Open
(October 2021) -
https://openuk.uk/wp-content/uploads/2021/10/openuk-state-of-open
_final-version.pdf
€1B
Investment for Open Source in EU (2018)
30M commits
1 : 10
Cost-Benefit ratio of open source investment (2018)
260,000members
(8% of the almost 3.1 million EU employees in
the computer programming sector)
After considering hardware and other
capital costs for EU contributors
1 : 4
The contribution of OSS to
EU GDP (cumulative basis)
£46.5B
Economic value of Open Source in UK (2020)
£4.87~5.65B
Investment for Open Source in UK (2021)
※ State of Open: The UK in 2022 Phase One: The Open Source Journey
7 July 2022 -
https://openuk.uk/wp-content/uploads/2022/10/OpenUK-report_phas
e-03_FINALMASTER_V6.pdf
*29 to 34 times the UK government's digital infrastructure
investment (£164 million)

11. 3. Challenges of Open Source
Software Development
● Problems Increasing
● Lack of Resources
● Lack of Platforms to
Encourage Development

12. Problems Increasing
3. Challenges of Open Source Software Development
※2022 OPEN SOURCE SECURITY AND RISK ANALYSIS REPORT -
https://www.synopsys.com/software-integrity/resources/analyst-reports/open-source-sec
urity-risk-analysis.html
Despite improvements, the overall percentage of codebases
containing vulnerabilities remains embarrassingly high.
OPERATIONAL RISK IS CONCERNING
88%
of code bases contained
components that had
no new development in the
past two years and were
behind on user updates
“When no feature upgrades, code
improvements, or security remediation
activity occurs for 24 months, it’s likely that a
project is no longer being maintained at all.”

13. Rack of Resources
3. Challenges of Open Source Software Development
※ Octoverse 2022: Bringing greater financial sustainability to open source communities
- https://github.blog/2022-11-09-financial-sustainability-in-open-source/
“Crucial parts of the open source
infrastructure are maintained by a few
underpaid, overworked individuals that
often do it for free. And that isn't right.”
Wolfgang Gehring, FOSS Ambassador
// Mercedes Benz Tech Innovation

14. Lack of Platforms to Encourage Development
3. Challenges of Open Source Software Development
“Companies tell me they are excited to support the
software they rely on. After all, what happens if a
maintainer of an open source project that’s critical
to them decides to stop working? But many
companies are still learning how best to support
these key dependencies—whether indirectly
through foundations or conferences or directly by
giving money to those projects. ”
※ Octoverse 2022: Bringing greater financial sustainability to open source communities
- https://github.blog/2022-11-09-financial-sustainability-in-open-source/
※ The impact of Open Source Software and Hardware on technological
independence, competitiveness and innovation in the EU economy (2021)
-
https://digital-strategy.ec.europa.eu/en/library/study-about-impact-op
en-source-software-and-hardware-technological-independence-comp
etitiveness-and
“- It is recommended to launch financing
instruments, like focused Venture Capital
funds, that help newly funded OSSH-based
start-ups to team up with established
companies.
- It is recommended to fully exploit the
potential synergies between pre-commercial
procurement and OSSH in a more strategic
and systemic way. ”

15. 4. What is Epics?
● Mechanism
● Token Economy
● Roadmap

16. Mechanism - Decentralized Crowdsourcing Platform
4. What is Epics?
* Decentralized platform? : It is a platform that replaces the intermediary (for example it's a bank for money transaction) that has been
necessary for safe transactions with a program called smart contract, enabling direct transactions between individuals without fraud.

17. Token Economy
4. What is Epics?
GENESIS Presale ($0.005 / EPCT, raise $250,000)
20% at GENESIS Presale, 60 months linear schedule with 6 months cliff
5%
6% Presale for IDO ($0.01 / EPCT, raise $600,000)
20% at Presale for IDO, 60 months linear schedule with 2 months cliff
7.5% IEO ($0.01 / EPCT, raise $600,000)
100% at IEO
20%
10%
10%
Core Team
40% at TGE, 60 months linear schedule with 6 months cliff
Project Contributors
64 months linear schedule with 2 months cliff
35%
Liquidity Fund
10% at TGE, 64 months linear schedule with 2 months cliff
6.5%
Build to Earn (Community incentive)
63 months linear schedule with 3 months cliff
Future Stakeholders (Burn if unnecessary)
60 months linear schedule with 6 months cliff
※ You can get 1 EPCD (Governance token) with locking 1000 EPCT.
You will get Epics fee discounts and participate in Epics Governance with EPCD.

18. Roadmap
4. What is Epics?
Epics GENESIS presale ($0.005 / EPCT, raise $250,000)
2022.7
2022.9 Epics Alpha launch, Solana Summer Camp Hackathon 5th prize
2022.10 Presale for IDO ($0.01 / EPCT, raise $600,000)
2022.11
2023.1
2023.3
Solana Breakpoint, GitHub issue Data Oracle Collaborative Development (DIA)
IDO ($0.015 / EPCT), GitHub Account Name Service Collaborative Development (Switchboard)
2023.4
Epics Beta launch, DEX for EPCD launch
2023.6
IEO ($0.02 / EPCT, raise $1,500,000)
Epics v1 major release
2023.7 Epics multi-chain integrated development start (Aptos, Sui, etc. will be used in Move language)

19. Thank you! 🎉
https://discord.gg/GmHYfyRamx
https://twitter.com/EpicsDAO2
https://alpha.epics.dev/
https://epics.dev/ Web
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