BuratinoBS

Our Analysis

Team: 6.8

Feasibility: 6.2

Product: 6.2

Overall Rating: 6.4

Short Description: Multi-mining system for SHA-256 and SCRYPTMulti-miner Papa Carlo with the high productivity and energy efficient 7nm node chip is manufactured with the capacity of Samsung Foudry. The basis for the miner is a multi-functional crystal that houses 3 types of logical cores. 2 of them allows mining of more than 14 cryptocurrencies easily switching between them, and the Cortex M4 core is used in a variety of devices such as IoT, Wi-Fi, BLE, etc.

Category: Manufacturing

Category: Tokens Cryptocurrency

Website: https://buratino.io/

Whitepaper: https://buratino.tech/images/WP/en/WPENG.pdf

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Main competitive advantages:

- Ability to mine employing both SHA-256 and SCRYPT

- Lower price comparing to competitors

- Guarantee service for 18 months

- Water cooling system

- Upgrade possibility

To execute the project of miner production Buratino Blockchain Solutions issues BUR tokens that would be distributed during ICO.BUR – is a digital active that allows its owner to buy multi-miner Papa Carlo and Trezor.mini hardware wallets at a lower price.Purchase of BUR tokens is possible on the official project website buratino.io starting from August, 1, 2018

ICO goal: Gain $18 000 000 to complete the project of chip production and starting custom sale of miners.

Soft cap: $3 million – production costs of trial chip batch.

Middle Cap: $13 million – manufacturing preparation, production of photo-resistive masks and chip design.

Hard Cap: $18 million – multi-miner production, marketing and logistics.

Raised funds from distribution of 250 000 000 tokens will be distributed in the following parts:23% Production of serial batch37% Production of masks17% Print a test batch of chips5% Marketing18% Design of the chipBUR rate fixation

To reduce the risk of ICO participants BUR minimum rate is fixed on the rate of the main sale: $0.10 per BUR.Maximum rate is not fixed and is determined only by market demand and the amount of tokens in sale.Purchasing BUR during main ICO period is a guarantee to get multi-miner Papa Carlo in basic configuration by fixed price of $ 1.750 if purchased by BUR.

After the ICO is completed BUR owners will be able to get Buratino Blockchain Solutions company products:

- TrezorMini hardware wallet at a price fixed for ICO participants

- Papa Carlo multi-miner in basic configuration at a lower price fixed for ICO participants

- Boards with ASIC chips at a price fixed for ICO participants

Payments will be accepted in BUR in recalculation to its market price, but not lower the fixed rate of $0.10 per BUR.One third of tokens received as payments will be burnt and not returned into usage. The right to take part in the project may be assigned to anyone on paid or unpaid basis. Pricing formula:Equipment price in BUR = equipment price in $/BUR rate, but no lower than $ 0,1 per BUR

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