BIRAKE is built by software companies that have been operating since 2010 in the web software industry. We are a real company, we have become more active in the media industry and especially in South America. We have a portfolio of software solutions and have supported more than 20 million users per day.

Beginning in 2010 we have developed / implemented a global content management system for different industries. So far, our main business activities are the financial industry and the media. We are very experienced in trading in the forex industry and end up with the cryptography industry for over 5 years.

We have implemented an automated trading system, the Exchange platform, and more recently we have focused more on the encryption area. As traders and investors, we have overcome the situation of trading platform overloading in the field of Cryptography.

Especially in 2017, there are times when more than 50% of large trading cryptography platforms have been overloaded and can not operate for long periods of time. For this reason, we believe that the BIRAKE platform will come up with solutions for end users, but also for companies that target business / information exchanges in this field.

In addition, the BIRAKE platform that can be used successfully in developing new communities and coins, is eager to join a foreign platform. With BIRAKE, they will even be able to run their own trading platform.

* OUR VISION *

Our vision is simple. Cryptocurrency is the future, people need tools for Exchange and use cryptos. We want to build the largest network of foreigners. In addition, we want to allow community cryptocoins communities and ICOs, people from industry to create their own trading platform with a few clicks.

We strongly believe in the future of cryptocurrency and the centralized power of decentralization! We believe that enabling the market to be controlled by one (or very little foreign property) contrary to this power. This is why we believe that everyone should be able to create their own aliens with just a few clicks and that orders must be shared openly across the Marketplace.

With BIRAKE people they can even run their own trading platform. The dedicated team for this project has more than 10 years of experience in web development and manipulation of large volumes of data and users. Over the last 7+ years, they have worked every day with technologies such as:

* Symfony3.

* Node.js.

* NoSQL store data

* AngularJS.

* ReactJS & more.

BIRAKE TOKEN BIR Token is a tod decentralized (dapp) application developed through Ethereum blockchain, in accordance with the ERC223 standard, which is an enhanced version of its predecessor ERC20 standard. The initial distribution of tokens will be made through the TGE (Token Generation Event), where anyone can purchase a BIR token in exchange for ether or bitcoin (additional form of payment under consideration).

The Client will be able to pay with a BIR token for the part or a complete software solution in the cryptocurrency area. Basically you can have a complete exchange software because the WHITE LABEL form pays with a BIRAKE token.

Total supply = 300,000,000 TGE token BIR will distribute up to 75% of total token supply, 225,000,000.

Token. pre-sales / sales (up to 30% / 45% tokens available, respectively). The remaining 25% will be shared between ads (15M), developer advisory & token (40M) and marketing & communication (20M). TGE management is done through the birake.com website.

In public presale, participants can get token with 30% discount, 1 BIR = $ 0.07 USD. The BIR Token will be exchanged for an assessment of 1 BIR = $ 0.10 USD or equivalent to ether or bitcoin (additional form of payment under consideration).

In addition, the BIRAKE platform can be successfully used with new communities and make money, who want to join the exchange platform.

*TOKEN DISTRIBUTION*

As mentioned above the TGE and presale will be responsible for the

distribution of 75% of the token: 225,000,000 tokens. This

distribution includes the pre-sale (up to 30% of available tokens),

full sale (45% of available tokens) Any tokens not sold in the

pre-sale will be transferred to our reserve tokens.

TGE - 225,000,000 BIR (up to 75%)

We are setting aside 40M of the total BIR tokens for the

development team & advisors. These tokens are locked for 12

months.

Advisors and Developers - 40,000,000 BIR

We are reserving of our supply to be used by the company for

expenses with advertising.

Advertising - 15,000,000 BIR

Finally, we keep communication and marketing up to the highest

standards possible.

Marketing and Communication - 20,000,000 BIR.

*Pricing*

According to the whitepaper, “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).

*ICO Concept*

The idea seems somewhat vague, and it’s difficult to determine if there’s any high demand for the product that they’re offering or if it’s something that is of any importance to anyone in the cryptosphere. Sounds cool, but the author is still skeptical as to whether there’s really this huge desire for people to create their own decentralized exchanges.

The author is also not a huge fan of how the company tried to repackage this concept either by saying that they’re the world’s first “white label exchange.” This seems like mere semantics when you break the idea down.

Another thing that the author noticed is that none of the tokens are apportioned explicitly to market making or price control. This is a common mistake that a lot of new teams and companies make and it kills them.

*Whitepaper*

The whitepaper is fairly bland and empty. The author was hoping that it would go into way more detail about the actual project itself and how exactly they plan on erecting this exchange.

The author was also hoping for a prospectus that would explain why the cryptomarket could benefit from this token and give an ELI5 sort of explanation of what’s going on. That wasn’t in there at all.

Instead, the whitepaper served as more of a marketing piece than anything. However, the outline of the token distribution process was positive.

*Transparency*

Overall, the ICO is pretty transparent. The country of origin is available, and the token is attached to a real company that proudly puts its name behind the project. It also provides an address where the creators of this token are headquartered (Romania).

There is a roadmap that is present as well as a whitepaper, and the token distribution seems to be pretty clearly explained. I’d personally like more details on the actual project itself to explain how they will usher the creation of such a decentralized exchange in a way that facilitates their token more than merely a payment access key.

However, the author doesn’t think that this omission in information was due to any sort of willful negligence on their behalf.

According to the milestones/roadmap the company posted, the final release of this product is not expected to manifest until Q2 2019. With approximately a year and a bit of change still on the horizon, the hype surrounding the project seems justifiably illegitimate. However, such is life in the ICO portion of crypto that currently exists.

*About Us*

Since 2010 we have developed / implemented worldwide Content Management System for different industries. Until now the main focus of our activity was the financial and media industry. 

We are experienced in traiding starting with the forex industry and ending with the crypto industry for over 5 years. 

We have implemented automated trading systems, exchange platforms, and lately we've been focusing more on the crypto area. 

As traders and investors, we have struck the situation of overloading trading platforms in the crypto area. Especially in 2017, there were times when more than 50% of the large crypto trading platforms were overloaded / closed / inoperable for long periods of time. 

For this reason we believe that the Birake platform will come with a solution for enduser but also for companies that aim foar a business/exchange in this area.

Also, the Birake platform can be used successfully in new emerging communities and coins, eager to join a trading platform. With the help of the Birake they will even be able to own their own trading platform. 

Our team is dedicated to this project, has over 10 years of experience in web development and manipulation of huge volume of data and users. We frequently use technologies like Symfony3, Node.js, NoSQL data stores, AngularJS, ReactJS and others. We constantly growing and is always looking for new, talented and innovative members.

Further information:

Wibesite: https://birake.com/
Whitepaper: http://birake.com/assets/docs/whitepaper_birake.pdf
Telegram: https://t.me/birakebot

Author (morata): https://bitcointalk.org/index.php?action=profile;u=1074956