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Ratings Boosteroid

Personal Cloud Platform Available for Anyone

BOOSTEROID is a cloud services platform that provides easy access to software products and enables users to enjoy high processing power even on low-performance PCs, as well as on tablets, smartphones and other devices. BOOSTEROID CLOUD SERVICES give you the opportunity to work with different software without installing it on your device. You can simply access needed computer programs that are located on a remote server and enjoy user-friendly interface of our service that also includes BOOSTORE application store. The service will enable users to abandon expensive personal computers and other hardware in favor of a cloud with user-friendly interface, simple management and automatic computing power configuration for particular software selected by a user. Advanced users will be able to set computing power configurations however they like.

2.8
6 5 expert ratings
Benchy 2.6
KYC
Experts
2.7
3.5
2.8
Review: coming soon PRO
~$6,800,000
value of tokens sold in ICO
Ended
Token
BTR
Type
Price in ICO
2.7800 USD
Whitelist/KYC
KYC & Whitelist
ICO start
10th Sep 2018
ICO end
26th Sep 2018
Visit ICO website
Report
Changelly

Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Igor Karavaev
ICO and STO and IEO advisor
Rated on Dec 29, 2017
3
4
4
11%
This rating's weight is reduced by 50% as there is no review added.
Nathan Christian
Blockchain Technology Consultant
Rated on Dec 23, 2017
3
4
3
11%
This rating's weight is reduced by 50% as there is no review added.
Luca Cotta
Icodriver...expert launching ICOs, ICO Influencer, IT expert.
Rated on Oct 21, 2017
2
4
3
10%
This rating's weight is reduced by 50% as there is no review added.
Simon Choi
Fintech & ICO Lawyer
Rated on Dec 24, 2017
4
4
4
7%
This rating's weight is reduced by 50% as there is no review added.
Simon Waddington
Software engineer and advisor
Rated on Jan 30, 2018
2
2
1
13%

Lets be clear - being on the blockchain adds nothing to this project. It just lets Boosteroid raise money from strangers all around the globe. Building a hosting facility and selling prepaid hours of time is not a an amazing idea, but it is perhaps a legitimate use of an asset backed token.

However the big problem is how do you convince people to pre-pay for something that they wont even be able to use for at least a year? Well you could give them a deep discount and say "hey, you can sell it later for more". Or you could offer lots of free tokens to those who promote the service. That is what seems to have been done here - a huge amount of the website and whitepaper is all about affiliate marketing and how to make money by investing early.

But why not just wait until the service is live and buy then? The money you could make from investing earlier will be small potatoes compared to investing in almost any other crypto (like ETH) and you eliminate all the risk of them not actually delivering the asset you paid for.

So far the website is showing zero evidence of what they have built. There is no local press about the team building this project. The principles appear to be relative unknowns even if from apparently reputable academic or industry backgrounds.

So my advice is - if you really want discount server time then invest you money elsewhere in the mean time, and buy BTR when it is provably working. Plus be skeptical of whether you are actually using a computer in Central Europe, or perhaps some other service they are just sub-letting and pretending it is their own - we cannot at this point tell.

Yeah it sucks to throw shade on a project but I think if it is real the team could be SO MUCH MORE to make that obvious. Their test site link isn't working at the moment. As I mentioned before no demonstrable proof they have any facilities or computers at all even though the timeline says they should nearly have 20 Petaflops of compute power by now. With all the money they have raised so far they could easily be paying to fly a team of journalists out to cover their project. So far I'm not seeing that, not even coverage from local journalists - just second hand reporting in the crypto-press of what they say on their website and blog.

My rating: caveat emptor (buyer beware!)

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Benchy
ICO analyzer bot
2.6
48%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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