Version 1.032CONTENTSIDEA 3DOWNSIDES OF CLASSIC CROWDFUNDING 4MARKET OVERVIEW 7BOOMSTARTER SOLUTION GLOBAL CROWDFUNDING . 13WHY DO WE NEED BLOCKCHAIN 15HOW SMART CROWDFUNDING WORKS . 16BOOMSTARTER NETWORK ECOSYSTEM . 19THE GENERAL ECOSYSTEM PLAN 25TOP MINER REWARD 26THE CRYPTOCURRENCY VOLATILITY .26USER CASES 27TOKEN 28TOKEN USAGE 28BC TOKENSALE 30TOKENSALE GOALS AND MILESTONES .30TOKEN ALLOCATION 31FINANCING DISTRIBUTION 32FOUNDERS AND ADVISORS34TEAM .36ROADMAP 39LEGAL NOTICE . 403THE IDEAINTRODUCTIONBwork a blockchain-based crowdfunding plat with smart contracts and crowdmining technology.Crowdfunding has been actively developing as investment attraction tool on the internet since 2009, when Kickstart-er, the most popular crowdfunding website in the world, was launched. Since that time many similar websites have ap-peared not only in the US, but also throughout the world.Inspired by Kickstarter, Boomstarter team launched its own crowdfunding project in 2012 and got to the top of the market from its first days. Thousands of successful projects, hundreds of thousands of backers, millions of dollars have been gathered during 6 years of Boomstarter and Russian crowdfunding de-velopment.Boomstarter worked hard to create a useful tool for business and creative teams, which will support their goal of getting ideas funded and sharing products of their creativity with the whole world.2000 250SuccessfulprojectsThousand backershave supportedthe projects4But do the classic crowdfunding plats use a full set of available opportunities and s nowadays Does every-one get to use this classic atWe watch cryptocurrencies step into our lives. Thousands of people gained new possibilities of international low-com-mission payments for goods and services. Some of them even use the computing power of their PCs to take part in cryptocurrencies mining and to profit from it. The world has changed it’s time for crowdfunding to change too.DOWNSIDES OF CLASSIC CROWDFUNDINGClassic crowdfunding has plenty of problems that haven’t been yet solved in the standard fundraising model used by the ma-jority of plats.CREATOR ISSUES1. International restrictionsCitizens of only 22 countries can place their project on Kickstarter without a representative. The population of these countries is a bit over 1 bln people. But there are 6 bln of potential inventors, creators and businessmen who can’t participate in international crowdfunding.For example, if you hail from Kazakhstan and you want to launch your project on the world’s largest crowdfunding plat Kickstarter or on the local plat Boomstart-er, you are going to face the legal and financial regula-tions and restrictions. To launch your project on Kick-starter, you need to be a resident of one of the available countries USA, Great Britain, Australia and some others. Similar rules are applied, if you launch your project on 5Boomstarter. In practice, it leads you to search for a rep-resentative or an intermediary in one of these countries, and that means new expenses for intermediary commis-sion and for negotiation time. The intermediaries them-selve add to the project risks - there is always a possibility that they will disappear with the creator’s money, and it’s the creator’s reputation that will suffer.2. High commissionsEvery crowdfunding plat charges a commission for its services. It is their one and sometimes the only source of income. Commission rate varies from 5 to 15 some-times even higher. It makes a large part of investments, that otherwise could have been invested in the project de-velopment. Add inevitable taxes that can reach 20 of in-vestments and intermediary commissions, if you’re from Kazakhstan, like the project from the previous example.3. Limited ways to help projects.Cryptocurrencies become an increasingly important part of our society, internet-culture. New coins appear as the alternative to the most popular Bitcoin and Ethereum, while the blockchain technology is continually adapting to more complicated tasks from documents fraud prevention to utility bills distribution. Meanwhile, there’s still no tool for raising funds in cryptocurrency.4. Plats are lacking full and timely money delivery to the creators’ detriment.Centralized crowdfunding services set their own rules. It’s not just about international regulatory law constraints. Money transfer time may vary, but usually, it ranges from several days to several weeks or sometimes more in some special cases. Sending the original documents, personal visit to crowdfunding company office and different banks transactions sometimes between foreign banks steal the precious time from the creators - the time, that could have been spent much more effectively. Money must work.6BACKERS ISSUES1. Money allocation by a creator is untraceableTime and again we hear stories from Kickstarter projects, that gathered millions of dollars and nev-er completed the stated goals in time. Or they have achieved a different result from the one that has been initially declared. One of the best examples the Pebble Watch. Why do such situations happen The team rarely communicates with the purchasers, and when the communication finally occurs, the team cannot give the answers needed. The product is still absent, and the unrest among backers comes close to the boiling point. The lack of transparency in allocation of proj-ect money often the team to spend a lion’s share of the budget on ineffective campaigns during the first days of success, while the backers are still in the dark about what’s happening.2. International regulatory constraintson payment transactions Almost everyone has cards, issued by centralized banks, that act in accordance with financial legisla-tion of their country of origin. Even now there are is-sues with transaction processing, if you’ve got a Ger-man card, but live in London and want to purchase something with this card. Many payment aggrega-tors and card issuers can simply block the payment in such cases without looking into the details. Just because you are not where you are expected to be by the payment operator or the bank of issue.73. Limited ways of supporting fundraising projects In the developing world of technologies there are different monetary tools, among them are fiat mon-ey classic money and cryptocurrencies. On classic crowdfunding plats, investments in cryptocur-rency are still unavailable.4. Inability to contribute intangibly to the projectMany users are not able to support the project with money, but they still like the idea and are ready to participate in projects development by other means.5. Backing a project doesn’t yield any financialout comes for contributorsCurrently, you can buy the project’s product or receive an intangible gratitude from the creator. But these options do not always satisfy the backers, who see crowdfunding projects as investment opportunities.MARKET OVERVIEWDespite the fact that the crowdfunding market on the internet has been now actively developing for a decade, it remains limited even today.After the crowdfunding market began to , some projects started using this type of financing technology for narrow areas. If initially the crowdfunding plat accepted any projects seeking investment, by 2015 many plats had a narrow profile, specializing in creative, business, public or other specific types of projects. The use of the narrow profiles helped plats to cover more specific areas, including, for example, FinTech, but somewhat slowed the development of the market as a whole.8Most of the active fundraising plats are concentrated in several key regions the largest and most popular ones focus on the audiences in the US and Western Europe. These regions account for about 70 of the total crowdfunding market value. It should be taken into account that the number of fundraising plats is rather limited even for 2018, despite the potential of the sphere the number of large American and European sites runs in the dozens, but in Russia there are relatively few large ones. The growth of this sphere in Russia is hampered by a number of “childhood” problems of crowdfunding. First of all, it is limited awareness and popularity of such a of collective investment in general and its limited transparency in particular. The reasons for the er are quite apparent the Russian Federation has “stepped” into the new type of financial system relatively recently, with potential consumers of such services having limited financial literacy. The emergence of new investment s - including crowdfunding - may seem not completely transparent and “reliable”. The amount of traffic driven by such plats is noteworthy it varies depending on the degree of fame and relevance.In some cases, the average monthly audience of crowdfunding plats can amount to about 20-60 million unique views with a fairly stable average percentage of bounce rate about 60. This indicator can be considered a record for a sphere that is just gaining momentum and is directly connected with the at of collective investment, which is little-known for most countries. At the same time, the level of people’s interest in crowdfunding is easily determined by the allocation of organic traffic from the total volume. The figures in this case are also impressive for Western European and American plats, organic traffic accounts for about 93 kickstarter, Indiegogo. For Russian plats this figure is up to 99, however, with a smaller amount of traffic in comparison with Western projects.9Despite this, crowdfunding plats in Russia att ract quite large amounts of funds for example, in 2016, the three largest Russian sites were able to attract about 17 million in collective investments. Boomstarter.ru accounts for over a third of this amount.In 2017, the total amount of funds in crowdfunding globally increased by at least 40, while it is expected that in 2018 a qualitative leap may occur due to the use of new solutions , including the use of crypto currency and blockchain as the most promising technologies and means of payment. The bottomline is the market development for crowdfunding is directly related to the market growth of crypto-currencies and its active expansion. THE CRYPTOCURRENCIES MARKETThe market of cryptocurrencies can be considered even more immature than the market of crowdfunding. The conditional reference point is 2009, when the first cryptocurrency was established, bitcoin. What was initially perceived as a strange idea, in a few years has become quite a profitable investment trend , which caused an avalanche-like effect and the appearance of new cryptocurrencies. At the moment, their number has exceeded 1500, with most of the new cryptocurrency originating in the last year and a half.The idea of a decentralized payment system divided the world currencies into two new categories fiat traditional and non- fiat cryptocurrencies. Due to the fact that the mechanism for obtaining a cryptocurrency is significantly different from that for a conventional currency, the cryptocurrency has received an initial impulse for growth and development. However, for all its simplicity and attractiveness, the cryptocurrency has faced a key problem that is not typical of fiat currencies infrastructural limitations. 10Despite global spread and worldwide mining, the use of cryptocurrency as a means of payment in points of sale is still very limited.The answer to this limitation was found the mining boom and the cryptocurrency value growth reached its apogee in 2017, thanks in part to new investment scheme.Basically, tokensale has a very similar purpose to crowdfunding it is a of collective contribution in the project.As in the case with crowdfunding, Tokensale procedures and cryptocurrencies got their pros and cons. The pros are- A low level of international restrictions. At the moment, the cryptocurrency market is still not heavily regulated In some countries, cryptocurrency use is banned or restrict-ed, but in the vast majority of cases its status is open and not prohibited by the law.- Low internal commissions. In most cases, internal transfers within each specific cryptocurrency are subject to a low commission, and in some cases do not have a commission at all.- A huge number of types of cryptocurrencies. Payments can be made in absolutely any cryptocurrency, if necessary.- Short transaction processing time. Most cryptocurrency transactions can take from a few seconds to several minutes and can easily be compared to any other type of online payments.- Greater transparency of investments. Compared to crowdfunding, the Tokensale procedure has much greater visibility and transparency due to the openness of the blockchain code on the one hand and the openness of the product realization stages on the other hand.11The main disadvantages include the following factor- Tougher regulatory conditions for promotion. Due to the fact that a number of projects proved to be fraud, a number of large search engines, as well as social networks, significantly limited Tokensale and cryptocurrency advertising, which complicates the search for potential crypto-investors for Tokensales.So, the cryptocurrencies market is in a rather curious position it is not fully regulated, while its capitalization ranges from 300 to 700 billion. It was able to address a number of issues that have not yet been resolved within the frameworks of crowdfunding, with most major fundraising plats continuing to ignore blockchain and cryptocurrencies, thus reducing their efficiency and growth potential.Due to the fact that cryptocurrencies and the use of blockchain technology can potentially solve a number of the most vital problems of crowdfunding, combining these markets is only a matter of a short period of time.WHAT DOES CROWDFUNDING GET WHEN USING CRYPTO ASSETS AND BLOCKCHAIN TECHNOLOGY- Wide sponsorship opportunities. A huge selection of non-fiatpayment instruments- Greater transparency for any crowdfunding project , as well as the transparency of payments and the structure of commissions.- The possibility of investing at any time from any part in the world, where virtual currency is allowed.The combination of the two developing and promising technologies within a single project can give the company a huge number of new growth points, and potentially bring it to a new level with low competition as already mentioned, most of the largest fundraising sites are not yet ready to use cryptocurrencies.12FINANCIAL APPRAISAL OF CROWDFUNDING POTENTIAL IN 2018The potential for crowdfunding in the current year is worth assessing in comparison with contributions in the token sales, based on the data from 2017. The reason is quite simple due to the tightening of the regulatory environment, Tokensales will not cease to be popular, but their number will gre