Boule | UPDATED Dec. 2018

Boule is a project designed to introduce a decentralized voting system and increase liquid democracy to affect the average voter turnout. It should also put a stop to election-related hacking attacks, fraud, and corruption. We are witnesses that even the local elections for governors and sheriffs are subject to manipulation and fraud, let alone the presidential races. Boule aims to ensure secure elections. 

The idea is simply amazing and it shows what digital technology of today can do for us. However, we’re not quite sure how the company intends to secure honest elections and vote counts. They’re based on the Ethereum blockchain, which has been hacked a couple of times, which means their blockchain foundation doesn’t necessarily ensure secure voting and verifiable elections.  

We do believe, though, that their heart is in the right place, so join us and learn more about this project in our objective Boule review. 

Start Date
August 28th, 2017
End Date
September 24th, 2017
ICO First Price
1ETH = 1400 BOU
Distributed in ICO
368,000,000
Accepted Currencies
Ethereum
Twitter
@BouleCoin
Slack
N/A

Boule homepage

Team

The team behind Boule includes the following members: 

  • Claudio Perlini (Project Lead) – Entrepreneur with experience in several international startups, specializing in project management; 
  • Giovanni Zorzato (Tech Lead) – Seasoned full-stack developer and a true believer in a decentralized net;
  • William Selmo – Business developer with an emphasis on social communication;
  • Edoardo Birbini – UI/UX designer;
  • Manuel Enrique Morales (eGovernment) – Director of Instituto Científico de Gobierno Electrónico;
  • Lukas Sieber (Foreign Direct Investment) – Executive director North America at Greater Zurich Area;
  • Ismail Malik (Top Influencer) – CEO of Blockchain Lab;
  • Walid Al-Saqaf – Vice President and co-founder of Tech4D Sweden; 
  • Project partners include CryptoValley, Startup Europe, and Instituto Científico de Gobierno Electrónico.

About The Project

We’ve had numerous voting systems ever since the inception of democracy, including hands up, acclamation, paper, and electronic. They are all highly susceptible to outside influences, tampering, and other underhanded activities. Modern technology, on the other hand, can simplify the process but also make it more transparent and less susceptible to fraud.  

As stated at the beginning of our Boule review, the ultimate goal of this project is to create a digital voting system that inspires trust and preserves the anonymity of the voters with stronger security systems. Blockchain has proven itself as a solid platform for managing money and transactions, so there’s no reason not to entrust it with voting. Yes, it has been hacked on a few occasions, but it’s still a far superior option to what we currently have. A 100% hack-proof system will never happen, so going with the most secure option seems like a very reasonable thing to do.  

We do have to express our concerns regarding the very ownership of the blockchain, though. Let’s face it, it’s owned by the elite, so we don’t see room for any revolutionary changes in our election process in spite of the company’s good intentions.  

As far as the voting procedure on the blockchain goes, it requires 2 steps: 

  • ID identification 
  • Vote submission 

Since Boule voting will be conducted through Ethereum blockchain, institutions looking to run elections through their system will have to own a certain amount of their tokens in order to activate the smart contract developed by the Foundation. This is also a concern since it looks like we’ll have to pay in order to realize one of our basic human rights in a democratic society.  

Boule about

Identification will start with a biometric recognition process (using a facial recognition software). After that, you’ll need to provide your ID card number, National Security Number, electoral card or any other recognized way to identify you as a voter or elector. Lastly, electors will have to spend their tokens in order to validate their IDs. Boule states that they have developed security controls that will prevent forced and purchased votes, but they’ll discuss them after the pre-sale. We can’t say we like this since we usually prefer getting all the information before investing money.       

We have seen some controversy regarding the name of the platform. We do believe that the company was named after the legislative body first seen in Ancient Greece. We just can’t fathom the possibility of them choosing a term used to denote the first African-American secret society fashioned after Yale’s “Skull and Bones.”

Why Choose Boule

Here are some of the most compelling reasons to contribute to Boule ICO: 

  • A revolutionary idea 
  • More secure and tamper-free elections 
  • The possibility of conducting polls 
  • Transparent procedure 
  • Auditable and verifiable voting 
  • Partnership with Scientific Institute of Spanish e-Government 
  • Capped ICO 
  • Bonuses for early supporters 

ICO Details

ICO pre-sale starts on August 28th and it will run until September 24th or until the cap of 10,000 ETH is reached. ICO sale starts on October 9th and it will last until October 30th. Boule tokens will be traded on exchanges from the second week of November.  

Token distribution: 

  • Pre-sale and ICO – 50% 
  • Boule Foundation – 20% 
  • Advisors – 20% 
  • Founding team – 10% 

On the exchanges, the tokens will be traded starting from 1,000 BOU – 1 ETH. During the first 24 hours of the pre-sale, 2,000 BOU will be sold for 1 ETH. During the rest of the pre-sale, the rate will be 1,400 BOU – 1 ETH. 

If you’re looking to contribute, note that the minimum purchase is 0.001 ETH and that you shouldn’t send funds through crypto exchanges.    

We just have to mention that Boule offers a 100% bonus for early supporters, which is quite unusual, so we have to point out a potential red flag with a bonus this high.  

Additional Resources

Boule is definitely an ambitious platform looking to increase liquid democracy by introducing a decentralized voting system. The main goal of the platform is to eradicate election-related frauds, hack-attacks, and many other underhanded endeavors which take place come election time. The idea itself might seem like a utopian concept but just talking about decentralized elections is definitely a step in the right direction. Our catalog of additional resources will provide you with an ample amount of relevant information regarding the platform:

  • This YouTube instructional video will show you how to purchase Boule tokens using MyEtherWallet.
  • Boule Facebook page is very responsive to messages and holds a valuable list of informative articles and information about the platform itself.
  • Boule Twitter account will also provide up-to-date information about the platform and show you what other participants have to say about the whole experience.
  • Boule blog on Medium offers some useful articles that elaborate on their view of blockchain and democracy and provide some updates on the company as well.
  • You can also join the Boule Telegram channel if you want regular updates on the company and contact with other participants.
  • Lastly, you can also check out the Boule Reddit thread.

Bottom Line

Boule definitely presents a revolutionary idea. However, we can most certainly expect a fierce government resistance on this one since they won’t just let us decentralize the voting system.  

There are some red flags, as we already pointed out in the previous sections of this Boule review, but the idea itself is something we can wholeheartedly stand behind. Unfortunately, we don’t see this project getting off the ground, so we don’t think that Boule tokens will be worth much in the long run. There is a line where revolutionary projects simply rattle too many cages – and this is definitely one of those.


Pros

  • Digitalization of the election process 
  • Decentralized voting system 
  • Possibility of organizing frequent polls 
  • Transparency 
  • Numerous security options to prevent fraud 
  • Detailed ID verification 
  • Higher resistance to hacker attacks 
  • Based on blockchain technology 

Cons

  • Not 100% hack-proof 
  • Resistance from the governments 
  • BOU tokens traded for using the system 

Boule Review
Updated :12.05.2018.
Rating : 8.7/10