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The international project Boosteroid starts ICO on October 23 and intends to squeeze giants of computing power rental market such as Google, Amazon and Microsoft.
Today the prices of cloud computing services offered by market leaders — Amazon, Microsoft, Google — are very high, so this service is still the privilege of the “elite”. This is what spurred experts to create Boosteroid.
«Computing power rental price is a problem for many users, — explains Boosteroid founder Ivan Shvaichenko, — We decided to remove this obstacle».
There will be three stages of Boosteroid ICO.
The first ICO stage begins at 9:00 (CET) on October 23 and ends at 21:00 (CET) on November 6, 2017. ICO can be completed ahead of schedule if the necessary amount of investments is attracted. The starting price of 1 BTR token is $0.48, the final price is $0.58. Investors will be able to exchange cryptocurrency for a total of 100 000 000 BTR tokens.
The next 700,000,000 BTR tokens will be available during two following ICO stages:
- from November 27 to December 11, 2017. The total number of BTR tokens: 300,000,000. The starting price of 1 BTR token is $1.08, the final price is $1.38
- from January 15, 2017 to February 15, 2018. The total number of BTR tokens: 400,000,000. The starting price of 1 BTR token is $1.88, the final price is $2.78
The collected funds will be used to create computing power and system software, to develop the BooStore application store and also for marketing and PR.
Boosteroid successfully completed the pre-ICO and sold 2,000,000 BTR tokens. The pre-sale of BTR tokens began at 09:00 (CET) on September 22. It was planned that the pre-ICO would end on September 29, 2017, but, thanks to investors, it lasted only a few hours. The starting price of 1 BTR was $0.1, the final price was $0.47.
What will investors get for their money
Buying tokens issued by the Boosteroid project, investors will be able to:
- Gain profit from selling tokens at higher prices.
Today the minimum costs of computing power rent are $6,5 to $10. Boosteroid offers the same service only for 1 BTR.
BTR token will be available at the main cryptocurrency exchanges after the second ICO stage.
- Use tokens to purchase rent of a cloud supercomputer at the lowest price.
Why will BTR token rates grow
We see at least three points that should positively affect BTR token rates.
1.The growing demand for cloud computing rent. Total expenses of users working “in the cloud” reached $209,2 billion in 2016, whereas in 2015 the number was $175 billion, according to the American consulting firm Gartner. Thus, users’ expenses increased by $35 billion within a year. Considering analysts’ forecasts expenses for a cloud are to reach approximately $246,8 billion in 2017 and will exceed $380 billion by 2020.
- Limited amount of released tokens. Many projects issue unlimited number of tokens intended for all buyers. However, unlimited emissions lead to inflation. All unsold and undistributed tokens will become invalid when the ICO is completed. Tokens accepted as a payment for services will expire.
- The lowest rental price of a cloud computer. Thank to our own unique architecture and minimal costs of electricity our clients will be able to use computing resources at the lowest price.
Boosteroid is a cloud services platform that provides convenient access to computing power, storage, software products and other functionality.
The project will allow abandoning expensive personal computers in favor of a powerful remote service with a user-friendly interface and a simple management. A computer is able to carry out a variety of tasks in the “cloud” – from working with texts to analyzing DNA.
Thank the lowest rental on the computing power market Boosteroid will become available to every user of the World Wide Web.
To make a work with a cloud convenient our team will develop a user-friendly interface with quick and easy access to Boosteroid services.
Project participants also plan to develop BooStore application store, where it will be possible to buy applications or download them for free and install on a cloud computer.
But there’s even more to come: Boosteroid team intends to contribute to the future, so we will provide free 10% of our capacities for artificial intelligence projects addressing the issues of aging. Criteria for selection of startups to be provided with our powers will be set after the first ICO stage.
Learn more about the project:
Project site: Boosteroid.com
White Paper: https://boosteroid.com/white-paper
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