The international project Boosteroid starts ICO on October 23 and intends to squeeze giants of the 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.
“We decided to divide ICO into three parts because there is no need in receiving the total amount of investments at once.”
“We will use the funds raised after the first ICO stage to setup electricity connection, getting the premises prepared to the setup and launch of computing powers, purchase of the first facilities and further software development to provide convenient access to computing resources.”
“Funds raised after the second ICO stage will be used to buy and set up the equipment to start our computing facilities. Funds raised after the third stage will be used to expand computing power of our project further. BTR token will be available at the main cryptocurrency exchanges after the second ICO stage,” noted the Boosteroid founder.
The first ICO stage begins at 9:00 (CET) on October 23 and ends at 21:00 (CET) on November 6, 2017. The 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 million BTR tokens.
The next 700 million 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.
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 simple management. A computer is able to carry out a variety of tasks in the “cloud” – from working with texts to analyzing DNA.
Thanks to the lowest rental on the computing power market Boosteroid will become available to every user of the World Wide Web.
To make it work with a cloud conveniently, 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; the Boosteroid team intends to contribute to the future, so we will provide free 10 percent 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?utm_source=rss&utm_medium=rss
Follow us on:
Medium Blog: https://medium.com/@Boosteroid/?utm_source=rss&utm_medium=rss