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BURN COIN

Cryptocurrency for Digital Asset Trading Platform BURN is a cryptocurrency that provides separate currency system and digital contents trading system, and it is an open cryptocurrency that is distributable throughout the market and benefits game developers, users, publishers, and spreaders.
In addition, BURN will be the dominant cryptocurrency for decentralized and objectified game developer ecosystem and will be a platform that meets the direction of the market that game developers and marketplaces are aiming at.

MOTIVATION

Problems of Current Digital Asset
Distribution Eco-System
Digital content distribution structure
centered on platform providers
Current digital content, especially in-game content trading platform,
is centered on platform provider,
and this requires lot of changes in content distribution structure, profit sharing,
and transaction reliability and stability.
Distribution monopoly and economic
inequality
In particular, for small and medium-sized developers who cannot
operate and manage their own distribution and profit sharing
structure, the trading platform provider owns absolute power in profit
sharing so that they are not fully compensated for the digital contents
revenue generated in game.
Insufficient damage prevention
In addition, gamers are not provided with an assurance of the identity of
the trader and traded item and this causes physical and mental damage.
This directly affects the developers and leads to a financial loss and
damage to developer’s reputation.
  1. 1) In this process, various consumption occurs such as purchase package, voucher, in-game item, etc., and this spending is the basis for the profit distributed through the game.
  2. 2) Despite safe guard such as direct trading and escrow, it is still not enough to secure the actual possession of distal contents and transaction stability.

FEATURES

Hybrid PoS & PoW Coin

Burn Coin is a native coin developed in C ++ language, and its main features are as follows.
Hybrid
BURN coin is a hybrid coin combination of POS and POW. Mining is
available, and number of Genesis coin is 100 million. According to POS
Algorithm, 1% of yearly interest applied with minimum stake age of 30 days.
Wallet
BURN coin wallet can be used on a variety of OS platforms such as Android wallet,
Windows QT wallet, Windows Light wallet, etc. The existing wallet address will be
changed to the new wallet address when a transaction occurs, and this protects user’s wallet safely from hackers.
Coin Explorer
Provides self trading electronic ledger which
is able to check the transaction history with Block Explorer.

SPECIFICATION

Hybrid Pos & PoW Coin

Coin Name
BURN COIN
=BRN
Coin Type
PoW/PoS
Hybrid
Hashing Algorithm
X11
Android Mobile
Wallet
Window QT
Wallet(Full Block)
Windows
Light Wallet
Details
Detail Table
Coin Name
Burn Coin
Coin Ticker
BRN
Coin Type
PoW/PoS Hybrid
Hashing Algorithm
X11
Wallet Type
Android Mobile Wallet / Windows QT Wallet(Full Block) / Windows Light Wallet
Detail Table 2
Yearly Interest
1%
Minimum Stake Age
30 days
Maximum Stake Age
90 days
Detail Table 3
POW Mining Method
GPU Mining
Coin Explorer
MainNet
GitHub
Detail Table 4
Time Between Blocks
120 Seconds
Block Reward
200
Block Reward Halving Rate
1,000,000 Block
Genesis Coin
100,000,000 ea
Total Supply
500,000,000 ea
Detail Table 5
Daily Block Count
720
Coins Generated Per Day
144,000
Maximum Block Size
8 MB
Token Spec. Summary (June, 2018)

Total Supply 500,000,000

Token Holders  /  Total

5,576 Person

Distribution Status
Company stakes 59.2639%
ICO 14.8926%
Users 25.8435%
Detail Table 6
Decimals
8
Contract
0x4a7babfafe46456bc4e965d6fbeaff7f01c8b330

APPLICATION

The Currency for Reliable and Efficient Digital Contents Trade

The proof of ownership for seller's assets and the process of actual transaction will be provided through API and
the profit from concluding a transaction will be distributed to applicable game developers, who produce digital assets,
and users. Furthermore, BURN Coin can be used as an asset which has the value of goods in this ecosystem by mining.

ROADMAP

Business & Development Planning for BURN Coin

2017

3~4Q

Ethereum Based ERC20 Token Development

1st Private Sale ICO

Burn Coin Native Coin Development

2018

1~2Q

Burn Coin Native Coin Testbed Development

Burn Coin Wallet Development

Hurbit P2P Exchange Service Development

2018

3Q

Burn Platform Blockchain Development

Burn Platform API&SDK Development

Hurbit Digital Asset Exchange Service Development

2018

4Q

Burn Platform Blockchain Development [cont.]

Burn Platform API&SDK Development [cont.]

2019

1Q

Burn Platform Blockchain Development [cont.]

Burn Platform API&SDK Development [cont.]

MEMBERS

Let us introduce you to the team that will make it all happen
Core Members
Jong Woo Kim

Jong Woo Kim

Chairman
EXA LAB Ltd. / Chairman Aimroute/Exa Global / CEO De Endej Telecom / CEO Wolseochi / CEO Developed Sudden Attack / Listed on Game Highway Experienced in executive management. Serial entrepreneur Provided management leadership and risk assessment for capital investment projects at all stages.
Tae Ik Kim

Tae Ik Kim

Boarder
Kyonggi University_ English Language and Literature Hyundai Motor Company Woomi Networks / President
Jong Tae Lee

Jong Tae Lee

Compliance
Soongsil University_Industrial Engineering EXA LAB Ltd. / Compliance audit The Kookje Daily News Vice president Head of the Seoul branch office The Minister of Economy of the Seoul branch office Highly experienced in Government press, Economy, government legislation, industry, professional journalist. Experienced in interaction with government authorities.
Jae Hyun Lee

Jae Hyun Lee

CEO
Seoul National university of Science and Technology
EXA LAB Ltd. / CEO
Super Bee Ltd. / CEO
Zen Software Ltd. / CEO
Big Spoon Corporation Ltd. / Development Manager
DIG Communication Ltd. / Development Team Head
Sean Lee

Jungin Lee

Vice President
EXA LAB Ltd. / Vice President
Woomi Networks / CEO
CastIt co. / CEO
KCH co. / Founder, CEO
Experienced in Hardware platform construction business, start-up planning and development management.
Byeong Cheul Ju

Byeong Cheul Ju

Advisor
Kyung Hee University_Economics The Seoul Shinmun_Director The Seoul Shinmun_The Minister of Economy The Seoul Shinmun_ Editorial writer
Wan Kyu Lee

Wan Kyu Lee

CTO
Ajoo University – Industrial Engineering
EXA LAB Ltd. / CTO
Bithumb Corporation / Head of system construction
Samsung Securities(Asia) Ltd. / Development Manager
Dongsuh Securities Ltd. / Development Manager
JikHan Jung

JikHan Jung

CSO
BS, Yonsei University.
Subdream Studios / CEO, Founder
COLOPL NI / CEO
Kabam / CEO
Gala-Net,Inc.(Acq by Webzen, Inc). / Former CEO, Co-Founder
Team
Jin Sung Yoo

Jin Sung Yoo

HR Director
Jong Un Kim

Jong Un Kim

Law Abiding Director
Jong Woo Son

Jong Woo Son

Strategy Planning Director
Du Hyuck Gwon

Du Hyuck Gwon

Lead of Strategy Planning
Won Joong Lee

Won Joong Lee

Strategy Planning
Heon Sik Cha

Heon Sik Cha

Senior Software Engineer
Kwang Hee Ahn

Kwang Hee An

Software Engineer
Seong Jae Lee

Seong Jae Lee

Software Engineer
Jong Hwa Gang

Jong Hwa Gang

Software Engineer
Jae Wook Kim

Jae Wook Kim

Software Engineer
Yong Joo Lee

Yong Joo Lee

Software Engineer
Jae Hoon Lee

Jae Hoon Lee

Android Developer
Kwang Tae Kim

Gwang Tae Kim

iOS Developer
Wo Hwan Kim

Wo Hwan Kim

Lead of UI/UX Designer
Seong Hoon Jeong

Seong Hoon Jeong

UI/UX Designer
Hye Rim Yun

Hye Rim Yun

UI/UX Designer
Kwang Woo Lee

Kwang Woo Lee

Lead of Service Planning
Yun Sang Cho

Yun Sang Cho

Service Planning
Mi Mi Park

Mi Mi Park

Service Planning
Ji Hee Hong

Ji Hee Hong

Management Planning
Ha Ryeon Lee

Ha Ryeon Lee

Management Planning
Ha Na Kim

Ha Na Kim

Management Support

PARTNERS

We partner with the industry's best
Contact us to become part of our great network.
Global Business Partners
Subdream studios
VR Plus
Global Cloud System
bitbank
okcec
Cryptocurrency Exchange
amazon
Microsoft
Telecom & payment
LG U+

CONTACTS

Burn Foundation / 67 AYER RAJAH CRESCENT #02-10 SINGAPORE (139950)