BIRAKE is built by a software company that has been operating since 2010 in the web software industry. We have been more active in the media industry and especially in South America. We have portfolio and software solutions that have supported over 20 million users per day.
Starting with 2010 we have developed / implemented a global content management system for different industries. So far, the main activity of our business was the financial and media industry.
We are experienced trading in the forex industry and ending with the cryptographic industry for over 5 years. We have deployed automated trading systems, exchange platforms, and lately we’ve been focusing more on the encryption area.
As traders and investors, we have overcome the situation of overloading trading platforms in the cryptographic area. Especially in 2017, there have been times when more than 50% of large cryptographic trading platforms have been overloaded / closed / inoperable for long periods of time.
For this reason, we believe that the BIRAKE platform will come with a solution for the end user, but also for companies that target a business / exchange of information in this field.
Also, the BIRAKE platform can be used successfully in new emerging communities and coins, eager to join a exchange platform. With BIRAKE, they will even be able to run their own trading platform.
Our vision is simple. Cryptocurrency is the future, people need tools to exchange and use these cryptos. We want to build the largest exchange network. Moreover, we want to allow ICO communities, cryptocoins communities and people from this industry to create their own trading platform with few clicks.
In addition, we strongly believe in the future of cryptocurrency and its main strength: the decentralization! We believe that allowing the market to be controlled by a single (or very few) privately owned exchange goes against this strength. This is why we believe that everyone should be able to create their own exchange with just a few clicks and that the orders should be openly shared across all exchanges in the market.
The BIR token is a decentralized application (dapp) token developed on top of Ethereum blockchain, in line with the ERC223 standards, which is an enhanced version of its predecessor ERC20 standards.
Once we build out our exchange software, we will require vendors to use BIR for renting BIRAKE software exchange.
The initial distribution of the token will be done through a TGE (Token Generation Event), where anyone can purchase the BIR token in exchange for ether or bitcoin (additional forms of payment are being considered).
Clients will be able to pay with BIR tokens for parts or complete software solution in cryptocurrency area. Basically you can own a complete exchange software as WHITE LABEL form paying with BIRAKE token.
The total supply of the tokens is limited to 300,000,000 units. The TGE will distribute up to 75% of the total supply of tokens, 225,000,000 tokens. This total amount will be split between a pre-sale / sale (up to 30% / 45% of available tokens, respectively).
Any tokens not sold during the TGE will be held in our corporate wallet as reserve tokens for development expenses and working capital in future raises.
The remaining 25% of tokens will be split between advertising(15M), advisor & developer tokens (40M) and marketing & communication (20M). Management of the TGE is performed through birake.com website.
In the public presale, participants can obtain the token at a 30% discount rate, 1 BIR = $0.07 USD. The BIR token would be exchanged with the valuation 1 BIR = $0.10 USD or equivalent ether or bitcoin (additional forms of payment are being considered).
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Author: Crator Touch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1612381