Boomstarter.Network is the global fundraising platform based on crypto, blockchain and smart contracts. It will use blockchain technology, cryptocurrencies and offer a crypto-mining tool. This will resolve a number of issues in the crowdfunding scene. Boomstarter.Network will lift geographical restrictions on participation, typical of the existing platforms. In contrast to existing platforms, it will make money transfers instant and the fundraising process transparent.
Boomstarter.Network will offer a tool for safe and easy mining of cryptocurrencies on personal computers. Project supporters can mine crypto, earn and support favorite fundraising goals on the platform.
|Token Price||0.6 USD|
|Restricted countries||No restrictions|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
They utilize blockchain to assure in transparency and trust between Authors & Backers, while smart-contracts will provide guaranteed and fair funds allocation after the fundraising goals are achieved.
- Author places his idea on the platform in order to be backed with funds.
- Backer contributes with cryptocurrency or opens the project’s browser tab to share the power.
- Project gets all the funds and makes the world a better place.
- Sponsors get cashback for the power they shared for the project.
A multitude of computers work as a huge mining farm, producing cryptocurrency for the project by combining the computing power of each unit into a single pool.
- User opens the project’s tab or download an app to become Miner
- Miner’s computing power is added to the pool alongside others
- Miner gets 10% of the whole pool as a reward, if contributes the most power to the project.
Pays for the project placement, promotion and other premium options with BC tokens. Author packages have different values, and the Author himself can set the percentage of reward for the best miners.
Miner / Miner PRO
Uses BC tokens as payment to upgrade to Miner PRO account, gets access to premium rewards, and most importantly, an opportunity to receive 5% of the total project mining pool.
Within the framework of the created ecosystem they can identify the following participants, which influence the result of the system operation.
Creates a project to raise funds to implement their idea. It can be any idea that does not contradict the norms of morality and basic law, as well as in classic crowdfunding. Authors can implement public projects, design technological equipment, create new products, or embody their creative talent in creating songs, books or paintings. Anyone with access to the Internet can now quickly and easily become a creator of the project.
The General Ecosystem Plan
Now that we have presented all the participants of the ecosystem separately, it’s time to demonstrate the entire ecosystem in a complex. The diagram demonstrates all the mechanics of the smart
crowdfunding ecosystem, the interaction of all participants, the commissions and transactions between them.
A lot of factors influence the developing cryptocurrencies market which often leads to dramatic increases in their prices. During a few months many cryptocurrencies may lose 30-70% of the value, or grow to the same or even more significant amount. At the same time, when the creator launches their project, they must be sure that the amount collected will be enough for them to implement the project. A solution that will avoid the risks of market volatility is needed.
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