Thanks for such a detailed review of our project.
We are grateful for all comments, reviews and especially critical remarks. This makes us work harder to meet expectations of those who trusted in our project and gain confidence of those who are only going to do so. In your article you called Boosteroid a funny project. However, if you examine it carefully you may notice that the project is already being implemented even before the ICO which is not so common for “funny ICO-projects”, isn`t it?
As it is mentioned in our WP, we have already started building computing facilities. A part of our facilities with a peak power of 0.5 petaflops is already launched in Kharkov (Ukraine). After the ICO we will start scaling and building our computing facilities in free industrial zones of Georgia. The agreement has already been reached. We also plan to locate computing facilities in Iceland.
It is already possible to test our project on GitHub and make sure that we are creating a real service. Besides we have already launched a test mode of our service to fix all technical aspects and receive feedback.
And now some words about our token and profits for investors. Unlike tokens of many other projects our digital currency corresponds to a real service, 1 BTR = 1 hour computing power rent.
Currently an average computing power rent provided by Amazon AWS, Google Cloud, Microsoft Azure and IBM for european countries is $6,5 - $10,5. We offer the same service for $1.08 ($0.48 at the first ICO stage). Is there anyone in “the Big Three” that can offer such a price?
The prices for cloud services offered by market leaders have decreased only by a few % over the past 2 years and discounts are available only for a small number of users. The price is absolutely not expected to decrease significantly by 2018.
New players on the cloud computing market, for e.g. Golem, can not offer significantly lower rent as they do not have their own hardware and only develop software products - adds-in to combine already existing computing resources.
So we can state that BTR rate will increase up to $6 - $6,5. To maintain the demand for BTR on the exchange we will develop a special exchange service after the cloud platform is launched. This service will allow to get BTR for fiat money, accepted as a payment for our computing power. All tokens accepted as a payment will expire.
Yes, we do not have Bill Gates, Sergey Brin or Vitalik Buterin in our team. However, we are experienced enough to develop computing facilities, create software to provide convenient access to them and make cloud computing available to every user.