Analysing new ICO: Boosteroid

The expenses of users using cloud services is increasing. The cost of the cloud computing services provided by various tech giants like Amazon, Microsoft, Google are high. Boosteroid aims to make cloud services affordable.

What is Boosteroid?

Boosteroid is a cloud services platform that provides cloud power, storages and software products at affordable prices. The BTR token is used to access the platform. These services can be paid with BTR tokens, as well as USD, BTC and ETH.

How are they solving the problem?

The project has software and hardware implementations. Hardware part includes a lot of computing systems that are combined into a single infrastructure. Software part includes building all the cloud services into a computing environment.

ICO Structure

The total supply of BRT tokens are 1 billion. The undistributed tokens during the token sale are burnt. The BRT tokens get expired after paying them for the usage of the service. Just after the token sale, 900M tokens will be in circulation.

During the ICO, 400M are being sold where the price of 1 BTR varies from $1.88 to $2.88 are varying bonus structures.

Team, Advisors & Investors

They are having a small number of team members taking care of a specific task in the project development cycle. There is 1 advisior and 1 advisor/investor.

Conclusion

According to their profitability charts, if the project is implemented perfectly there will definitely be profits as the demand for computing power is increasing.

The ICO ends on 15th Feb. If you are interested in investing in the project, visit https://boosteroid.com/. Please read the disclaimer below.

DISCLAIMER: Please do read the whitepaper, join the telegram channel and do your research before investing as ICO investing involves high risk. I shall not be deemed liable for any profits or losses. Thank you!

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