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BTR: Is This New Digital Currency Worth Making Investments?
Project Boosteroid announced its ICO from November 27th to December 11th, 2017. Collected investments will help developers create a cloud services platform that provides convenient access to computing power, storages and software products (similar to Amazon Web Services, Microsoft Azure, Google Cloud).
The service will allow to process video, create 3D-graphics, play games that require high computer performance or carry out machine learning on any device even on the most low-performance PC.
“The idea of our project is to create a service that will provide access to computing power in two mouse clicks. We will develop user-friendly interface that will make the selection of needed computing power easy even for those users who purchased their first PC last weekend”, – says Boosteroid founder Ivan Shvaichenko.
According to Boosteroid СЕO, the platform is already being built, which is a significant advantage comparing to other ICO projects.
“We are already building our computing facilities and we’ll expand them regardless of the ICO results. Computing facilities with the peak power of more than 0.5 petaflops began operating in July, 2017. The team plans to reach 20 petaflops by February, 2018”, – says Ivan Shvaichenko.
There are 300 000 000 BTR available for sale. It will be possible to buy BTR from November 27th to December 11th, 2017 in the personal account on the website. Payments are accepted in ETH, BTC, LTC and BCH. Initial price of 1 BTR — $1,08.
What is BTR token value
1 BTR is equal to 1 hour rent of computing power*.
*1 BTR = the cost of one hour computing power rent on the basis of eight NVIDIA GeForce GTX 1080 Ti graphic cards; two Intel Xeon E5 2680v4 processors; RAM 256Gb; SSD 960Gb.
All unsold and undistributed tokens will be destroyed after the ICO. Tokens accepted as a payment for the service will expire. So there won’t be too much tokens on the market.
What benefits will token holders get?
Investors will be able to rent computing power with BTR tokens on more favorable terms or exchange them for other digital currencies or fiat money on exchanges and gain profit (today the lowest 1 hour cloud computing power rent is $6 – $ 10,5).
After the service is launched the team will start token buyback on cryptocurrency exchanges.
“We will create a demand for BTR. After our service is launched we’ll start purchasing tokens for fiat money paid by users who rent Boosteroid computing power. Considering a large number of users and a limited number of released tokens, BTR exchange rate will increase and investors will get maximum profit.”, – says Boosteroid CEO Ivan Shvaichenko.
You can find out more about the project here.