Buratino: New generation of miners
Multi-mining system for SHA-256 and SCRYPT
- Crowdsale (90%)
- Bounty (3%)
- Team (7%)
- Serial batch production (23%)
- Mask production (37%)
- Trial batch of chips (17%)
- Marketing (5%)
- Chip design (18%)
Cost of the token1 token for 0.1 $
Price without discounts
- Bitcoin Cash
- Ethereum Classic
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Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users4
From the first sight, the project seems very interesting considering technical description specified on the white paper. The Team background looks impressive as well along with the experience.
Risks and disadvantages
The white paper needs to be more detailed especially from the technical description perspective, as it currently shows figures and there is no decent basis for this. Did the team perform practical tests on the blueprint equipment? How that was measured and how this efficiency has been reached? I appreciate there are some technical details about the future solution, however, it doesn't provide me with a sufficient level of a science background to be convinced that this is more efficient than ASIC which is already a comprehensive solution and I saw the evolution of it.
An interesting project organised by the technical enthusiasts with a solid experience, however, I would expect to see a more detailed analysis with practical tests, benchmarking, etc.
The team has successful technological experience and the fact that they already created products, such as cargo tracker Pierro working on blockchain and radio electronic devices is the important advantage of this project.
Risks and disadvantages
The startup has no advisers, marketing team has not presented their plan. There is no an explicit explanation of what is investor's profit.
Probably the team should present their plan of promoting the product, maybe there is also a possibility to invite specialists with the experience of sales in this specific area.
Website is available in 4 languages: English, Spanish, Russian and Chinese. It means that the project wants to attract people from different countries. Whitepaper has 2 versions: usual one and One Pager, where the main features of the platform are outlined. One more advantage is the system of bonuses. Investors can get more tokens, if they invest at the early stage of the crowdsale. One more thing concerns accepted currencies. Besides Ethereum, people can use Bitcoin, Bitcoin Cash, Ethereum Classic, Litecoin and other ways of payment.
Risks and disadvantages
There is no information about advisors and partners on the website. Thus, nothing mentioned about alpha or demo version. In addition, Roadmap looks vague and unclear.
To my mind, there is no need to conduct ICO to run mining system. Crowdfunding is they way how such platform should operate. So, I would not recommend to take part in the following ICO.
Extra emission of BUR tokens will not be possible. ICO-participants will have guaranteed offer to get multi-miner Papa Carlo and other products at special price if bought by BUR. And one third of BUR tokens received as payments for the products will be destroyed. There is an information about competitive advantages of the product.
Risks and disadvantages
I think it would be reasonable to sign agreements in order to be sure that the product will be in demand, because there are existing similar solutions.
It is mentioned that agreements with partners selling electronics are in process, so we can hope that ready products will be sold. Still I'd say that investment is connected to a certain risk.
Why our team believes in the project success?
We have developed the world's first 3-in-1 miner, which host 3 types of logical cores. This design allows you to mine more than 14 cryptocurrencies and create different types of devices. ASIC for mining cryptocurrency employing both SHA-256 and SCRYPT algorithms, and the potential use in devices that need mathematical calculations.
Therefore, the Papa Carlo miner will be developed on the basis of a high-performance chip with a 7 nm process node. Chips manufacture will be located at Samsung capacities in South Korea. Only these chips will be delivered to Russia, but not end-user miners, which will significantly reduce the overhead customs costs and bring to Russian market a competitively cheap product. Soldering of printed circuit boards, testing, assembly of finished products and packaging will be made in Russia.
How can I learn more about the project?
You can get more information by downloading the White Paper - our project presentation. If this information is not enough for you, you can ask your questions through the email [email protected], or call the specified phone number.
What are the parameters of BUR Coin?
Buratino Coin (BUR) is an ERC20 compatible utility token that gives its owner the right to buy Papa Carlo's manner and Buratino hardware wallet at a fixed cost, below retail price. The starting price of the token is $ 0.1 per 1 BUR. The final number of issued tokens will not exceed 600 000 000. All unsold tokens will be burnt.
Is BUR Coin compatible with the ERC-20 standard?
What is the final amount to start the project (Hard Cap) and what amount of BUR will be traded on the open market?
The Hard cap is $18 000 000, 84% of the tokens will be traded on the open market.
What is the fixed price of Papa Carlo miner if purchased in BUR tokens?
The fixed cost is $ 1750 per miner Papa Carlo. In case of the growth of BUR, the price of miner is recalculated in accordance with current BUR rate.
Which stock exchanges are listing BUR?
EtherDelta, IDEX, HitBtc, Tidex, Cucoin, Livecoin, GetBTC, Binance are in negotiation process.
When is it planned to enter the stock exchange?
The estimated time of implementation is November, 2018. For time clarification please follow the information on the website buratino.io and social networks Buratino BlackChain Solutions.
With what coins can I buy BUR tokens?
The full list of coins accepted for purchase is available in your account.
I did not recieve an activation email. What should I do?
Check “spam” or "other mailings"section in your mailbox. Usually, the activation email comes within a few minutes, but there may be delays due to the overload of mail servers.
If you do not recieve an email in 24 hours, please contact us through Telegram channel.
What is the duration of ICO?
ICO is planned to last from August, 1st, 2018 till September, 30, 2018. For duration clarification please check the information on our web-site buratino.io
What is the minimum deposit amount?
For PreICO it is $100, for the main ICO stage - $50.
What are the factors of BUR growth?
- After the ICO is certified, the token will be traded on crypto-currency exchanges such as HitBTC, EtherDelta and others.
- Token is backed by real goods - Papa Carlo miners and Trezor mini hardware wallets.
- You can buy Papa Carlo miner for tokens at a fixed cost below retail.
- 1/3 of BUR tokens received for Papa Carlo miners will be burnt that will raise the BUR/$ rate
- There will be no additional issue of tokens.
What will happen if the token market price falls below the ICO starting rate?
Any time you will be to exchange your tokens for Papa Carlo miner at the rate of 17500 BUR per one miner.
What will happen with unsold ICO tokens?
The remaining tokens will be destroyed - "burnt"
How, when and where can I exchange tokens?
Within 14 days BUR tokens will be transferred to your ERC20 wallet specified in the personal acount, in the ICO termination field.
How, when ans where will I recieve tokens for Bounty campaign?
Distribution of Bounty reward tokens will hapen in 2 weeks after the end of main ICO step. Rewarding will be done to the ERC20 wallet stated by you.
Can you explain the rules of your referral program?
You need to register on our web-site and afterwards you will have your own referral link. You may share it with anyone and everyone coming via your link to register and buying tokens will bring you 5% bonus!
Do you have referral bonuses?
Yes, we have referral program. You can participate in it by registering on our web-site. After registration you will be provided with a referral link you may use to get bonuses.
What wallets support ERC20?
We recommend to use https://www.myetherwallet.com/
Who I may adress with partnership proposal?
You can contact our ICO coordinator via [email protected] We are open for partnership.
I still have a queston. Who I may adress it to?
Regarding any questions you may have about tokens or any other matters you may contact us via e-mail [email protected] or telegram channel.