The idea is to use the blockchain technology to remove intermediaries like banks and payment providers. This solves major issues of the existing crowdfunding services: it will allow startups from any country to take part and will cut transaction wait time from weeks to minutes. Boomstarter.Network will also engage the wider audiences to take part. It will provide an easy tool to generate popular virtual currencies with home computers. The users then can contribute the cryptocurrency they mined to the startups of their choice. This scheme will help startups to develop very motivated and active communities, regardless of geography or income level.
Boomstarter.network — a blockchain-based crowdfunding platform with smart-contracts and crowdmining technology. Within the framework of the created ecosystem we can identify the following participants, which influence the result of the system operation.
Project Creator (Author) - Creates a project to raise funds to implement their idea.
Sponsor (Backer) - The sponsor can support projects just like in the classic crowdfunding model, but now it can be done with cryptocurrency.
Miner - Miner contributes the computing power of their equipment (for example, an ordinary personal computer) into a common project support pool.
Also it is recommended to read our White paper
Token sale has several key purposes:
1. Obtaining additional funds for development Boomstarter platforms.network.
2. Getting the necessary investment for creation and promotion perfect technological tool of smart crowdfunding based on blockchain technology Ethereum and smart contracts.
3. To introduce people with our solutions and attract supporters to the development of the ecosystem smart crowdfunding.
Token sale will be finished at the end of October
Token price is fixed, it is 2 usd for 1 BC
During the main stage: ETH, BTC, LTC. And also fiat currencies: Visa/Mastercard will be accepted.
Minimum amount is $50.
The value of the token is in using it on the platform. About monetization on the exchanges we can not say the information, it will be after tokensale.
We cannot disclosure any information about exchanges for now, but they are included in the budget
You can use any ERC20 compaitable wallet to store it. You can use it with metamask too.
We have a referral program. Invite your friends to this chat using the referral link that @littleboomybot generates and get free BC tokens! This referral program will be live till the end of the tokensale!
Our team has solid experience in crowdfunding, blockchain technology and ICOs. Boomstarter.Network founders have successful experience in the blockchain space. In Q1 2018 they raised $25,000,000 during an ICO for a global cryptocurrency-based global marketplace. Other core team members include crowdfunding experts working for Boomstarter since 2012 and a dedicated team of blockchain developers.
We have a prototype - a working classic crowdfunding platform launched in 2012. Our engineers are currently developing a framework for an MVP to be released in Q1 2019.
You will be required to pass KYC after the token sale before the assessment.
Those under 18 and the residents of THE UNITED STATES OF AMERICA, PEOPLE'S REPUBLIC OF AFGHANISTAN, BURUNDI, BALKAN (FORMER YUGOSLAV REPUBLIC OF MACEDONIA, SOUTHERN SERBIA, FEDERAL REPUBLIC OF YUGOSLAVIA, BOSNIA, KOSOVO), CANADA, MYANMAR, COTE D’IVOIRE, CUBA, DEMOCRATIC REPUBLIC OF CONGO, DEMOCRATIC PEOPLES’ REPUBLIC OF KOREA, NEW ZEALAND, ICELAND, IRAN, IRAQ, LIBERIA, LEBANON, LIBYA, RWANDA, SIERRA LEONE, SINGAPORE, SOMALIA, SUDAN, SYRIA, THAILAND, TANZANIA, UGANDA, UNITED STATES OF AMERICA, ZAIRE, ZIMBAWE AND COUNTRIES OR TERRITORIES OR INDIVIDUALS UNDER THE SANCTIONS OF THE UNITED NATIONS OR THE EUROPEAN UNION OR COUNTRIES WHERE CRYPTOCURRENCY IS PROHIBITED
Singapore at 176 JOO CHIAT ROAD, #02-02427447
Blockchain technology is able to replace intermediaries in crowdfunding and automate operations with guarantees for all participating parties: the startups and their buyers. All transactions are publicly available, and now no-one can distort the real data, even if they want to
Press ADD TOKEN Insert
1 - Smart contract address: 0x2Acb0BB95063756d66f67D0c9624b12CAc529fB3
2 - Token name: BC
3 - decimals: 18
You can use BC tokens to support the project on the platform, place the project with premium functions and get an access to the possibilities of higher cashback in crypto of your power contribution in the project.
BC - 0x2Acb0BB95063756d66f67D0c9624b12CAc529fB3
You cannot mine BC tokens, we will issue them all at once, so consequently there is no consensus algorithm. But you can mine other currencies on our platform to support the projects! Bitcoin, Eth, Monero, BitcoinCash, Litecoin, Dash
Bitcoin, ETH, Monero, BitcoinCash, Litecoin, Dash
You will be able to set up a certain percent of power to be used.
a) You can help a specific project with mining
b) You can earn for yourself if you will contribute the most hashrate for the project: then your income will be 5% of all the mined crypto.
This option will be available in a fully functional version when it will be released in May 2019
Yes, there will be an option.
MVP will be in operation in January 2019, the final version (with miners ans smart contracts) in May 2019.
Any project within the law.
Not more than 60 days. According to statistics, the longer project term is, the less % of success it has.
It is up to every author to decide when backers will get their rewards. Miners will get their rewards immediately.
Blockchain will provide us with the opportunity to track the transactions within the platform. Of course, you cannot track crypto once it was converted into fiat. But for now crowdfunding is not transparent at all, so that is the best solution in the modern conditions. Once crypto is recognized all over the world, we'll be able to track all the funds spending.
We collect all the documents from authors and check if they have an MVP of the project. And, to be honest, Boomstarter has never had any fraud cases due to our checking system and moderators who follow the project from the start til the end.
Eventually both platforms will be united. We will accept fiat, convert it into BC and use it within the platform.
The funds contributed to the project from mining by miners and miners Pro are transferred to the project creator in the amount of 80% of their total volume (minus the N amount). N means the amount of cryptocurrency that the miner mined for themselves within the limits set by the project creator with a minimum of 10% and a maximum of 50%.
25% of the Boomstarter.Network commission (or 5% of the total volume of the project’s mined cryptocurrency) is transferred to Top Miner (Miner Pro with the maximum hashrate contribution to the total project mining pool).
All projects’ fundraising, as well as payments to authors, miners and refunds to sponsors in the event of a project failure, occur only in BoomstarterCoin (BC). At the same time, platform users will always have the opportunity to exchange BC for other cryptocurrencies or fiat money through the API of partner crypto-exchanges.
Standard placement, costs 1 BC (BoomstarterCoin) / month: possibility of using standard platform functionality.
Premium placement, costs 15 BC (BoomstarterCoin) / month: ensures additional project views, access to advanced analytical tools of the platform, project support by platform resources (inclusion in the mailing list)
Professional placement, costs 30 BC (BoomstarterCoin) / month: in addition to being included in Premium placement, this option provides a unique opportunity of personal support by professional Boomstarter.