Personal cloud computer available for everyone

Boosteroid.com

V.2.0

Personal cloud computer available for everyone

ICO
January 15 - February 15, 2018

Version 2.0. This version of the document is in the active development phase, significant adjustments are possible

Content

1. Introduction

People of the 21st century live in an insane rhythm and are forced to solve many difficult tasks as fast as possible. Not long ago it was impossible to fulfill them, but now, thanks to the development of the Internet and cloud technologies, the future becomes our reality.

Today, the most urgent issue is the permanent access to modern technologies that will facilitate and accelerate solutions of global problems, will allow them to be carried out worldwide and online. Cloud computing can be a perfect solution and that is why it is becoming more and more popular every day.

cloud_computing

Cloud computing is a model where all applications and their data are located on a remote server on the Internet and a user can access them from their PC or a tablet. Computers that carry out these operations are called a "computing cloud".

There are two main types of a cloud - public and private. Public cloud is intended for free access of a wide audience while private is used by one organization that includes several consumers.

1.1. Tendencies and problems in the development of the world cloud computing market

According to the American consulting firm Gartner, total expenses of users working in the “cloud” reached $209,2 billion in 2016, whereas in 2015 the number was $175 billion. Thus, users’ expenses increased by $35 billion within a year. Considering analysts' forecasts expenses for a cloud are to reach approximately $246,8 billion in 2017 and will exceed $380 billion by 2020.

Such a high demand for these services is caused by an active transition of IT-industry data into cloud. Respectively, information technologies increasingly require high-performance resources to solve a number of tasks from artificial intelligence research to gaming, VR or analytics (Big Data analytics).

Top cloud computing providers in 2017

Today more than 70% of cloud computing market is occupied by leading providers. Amazon Web Services dominates (around 34%), much smaller share is taken by Microsoft (11%), IBM (8%), Google (5%) and others.

An average one hour rental of a computation node on the basis of eight NVIDIA GeForce GTX 1080 Ti graphics cards, two Intel Xeon E5 2680v4 processors, RAM 256Gb, SSD 960Gb (or their equivalent) offered by market leaders for European countries is:

Company name Equipment Price, dollar/hour
1 Amazon Web Services Station p2.8xlarge.
- 8 x GPU NVIDIA Tesla K80,
- vCPU 32 cores (2.3 GHz Intel Xeon® E5-2686 v4 (Broadwell) processors or 2.4 GHz
Intel Xeon® E5-2676 v3 (Haswell),
- RAM 488Gb,
- SSD 1Tb,
- 10Gbit/s
10,6
2 Microsoft Azure Station NC24r
- 8 x GPU NVIDIA Tesla K80,
- vCPU 24 cores ( 2.4 GHz Intel Xeon® E5-2676 v3 (Haswell),
- RAM 224GB,
- SSD 1.440 GB,
- 10 Gbit/s
10,26
3 Google Cloud Custom configuration
- 8 x GPU NVIDIA Tesla K80,
- vCPU 32 cores processors or 2.4 GHz Intel Xeon® E5 2676 v3 (Haswell),
- RAM 256Gb (up to 455 GB of RAM),
- SSD space 3x375 GB,
- 10 Gbit/s
6,5

* IBM provides cloud services in the private cloud so the cost is calculated individually.

New market players cannot offer significantly lower prices, as they develop only software products - add-ins for combining of already existing computing resources - and do not have their own hardware.

Not only face users high prices of computing power rent offered by market leaders but also difficulties in getting access to computing resources. Today users have to to spend a lot of time on registration and the procedure includes complex settings and information not always clear even for an advanced user.

1.2. Solutions

In October, 2016 we started working on the Boosteroid project to make cloud computing as affordable as possible.

Our team consists of information technology and artificial intelligence professionals. Initially, we were engaged in building computational nodes based on 6/8 NVIDIA graphics cards and Intel Xeon processors, which we used to conduct complex calculations for artificial intelligence. To ensure that high-performance equipment does not stand idle, we leased it out and were engaged in cryptocurrency mining.

We gained our experience and found out that thanks to our own software architecture and full operating capacity, the cost of cloud computing is significantly reduced. Therefore, we will be able to provide the service at a price much lower than leading market players offer. Budget-friendly rent will make Boosteroid available to every user of the World Wide Web.

2. What is Boosteroid

BOOSTEROID - is a cloud service platform that provides convenient access to computing power, storages and software products.

project mechanism

A cloud computer will allow to process video, create 3D-graphics, play games requiring high computer performance or carry out machine learning on any device even on the PC with the lowest performance. The only necessary thing is a stable high-speed internet connection.

Boosteroid will also solve the problem of high rent by reducing cloud computing costs. Thank to the lowest rent the service will become affordable to every World Wide Web user.

sequence

Boosteroid app will provide the opportunity to use our services and select needed amount of computing power just in two mouse clicks. It will be possible to pay for the services with BTR tokens as well as USD and EUR

2.1. Boosteroid project implementation

Technical implementation of the Boosteroid project consists of software and hardware parts.

Hardware part will include a lot of heterogeneous computing systems, combined into a single high-speed infrastructure:

Server architecture will be based on:

High Performance Computing Cloud Structure

scheme

A fault-tolerant, distributed, redundant storage system will be used in the Boosteroid project. Also, block-level stores are provided. In addition to the main data stores, a long-term storage with a large amount of memory will be built.

10Gb and 100Gb Ethernet switches will be used as communication equipment. They support the operation of the system infrastructure, high-speed computing network and data warehouse replication.

Software part will be based on VMware software products, designed for server, storage and network virtualization, as well as IT-infrastructure transformation into stable automated computing environment.

This concept will allow to create many virtual computers within a computing cloud based on Intel Xeon processors and graphics accelerators (cards) NVIDIA with minimal capacity losses.

network

It will be possible to use the service both on PCs and mobile devices as the access to Boosteroid will be provided via browser, regardless of the operation system.

We will develop user-friendly interface to provide convenient work in the cloud and ensure quick access to Boosteroid services. Users will be able to connect to a cloud computer via VPN and use particular apps, models and games.

For casual users cloud computer performance and processing power will be selected automatically (considering the required performance of software products that a user needs).

Experienced users will have an opportunity to select the needed features of their cloud computer on their own.

We also plan to develop BooStore application store where it will be possible to buy or download apps for free and install them on the cloud computer.

2.2. 10% of computing power for AI-startups

We would be glad to support ideas that can create a better life for humanity so we decided to provide 10% free Boosteroid computing power for artificial intelligence in aging research projects after we launch our service.

Guiding principles of AI-startups selection

1. Everybody who is engaged in AI in aging research can apply.
2. The idea of a project should be unique and there should be a demand for this idea on the market.
3. A team should provide clearly defined roadmap.
4. We focus on teams, not individual founders.
6. A team should be hungry for success, seek to solve the problems humankind faces today and pay attention to details.
7. We will guide and support startups in cloud computing issues but not in their implementation and development process.
8. Besides, startups engaged in the following researches can apply:

- Artificial Intelligence
- Analytics & Big Data
- Virtual reality
- Augmented reality
- Biotechnologies
- Healthcare
- Medical technologies and pharmacy
- Robotics

General criteria

The following aspects are taken into account:

- full-time team and founders;
- team focus;
- open-mindedness;
- social contribution.

Selection process

Startups selection process includes three stages.
1. Online application:

- Application form
- Project/team/company name?
- Why do you need Boosteroid computing power?
- How it all started: How you decided to start your project?
- Mission: what is the mission of your project?
- Goals: what do you want to achieve by implementing your project?
- Challenges: what risks do you face?
- Team: information about your team members, their background and expertise
- Business model: how are you going to run your business?

2. Shortlisting

Selection Committee will chose 30 candidates. Shortlisting is based on five crucial criteria:

1 Team capacity 10 points
2 Project scalability 10 points
3 Business model 10 points
4 Marketing approach 10 points
5 Uniqueness of the idea 10 points


3. Face-to-Face Interview

Selection Committee will choose top 10 startups. Considering the results of the previous stage, there can be different types of interviews:

1. Personal interview
2. Phone or Skype interview
3. Capability test interview
4. Panel interview

Application forms should be sent to info@boosteroid.com

3. Boosteroid tokens

A total of 1 billion tokens was released and called BTR.

BTR tokens are created on Ethereum blockchain-platform under the ERC20 token standard.
There is no reissue of tokens after the financing is completed.
Tokens accepted as a payment for services will expire.
All undigested and undistributed tokens will be destroyed after the ICO.

3.1. BTR tokens distribution

Tokens will be distributed in the following way:

Boosteroid fund will be formed proportional to the number of sold tokens.

4. Sale of BTR tokens in ICO

1 BTR corresponds to the cost of one hour computing power on the basis of eight NVIDIA GeForce GTX 1080 Ti graphics cards; two processors Intel Xeon E5 2680v4; RAM 256Gb; SSD 960Gb.

It is possible to buy BTR tokens on the Boosteroid.com website during pre-ICO and at all ICO stages.

All undigested and undistributed tokens will be destroyed after the ICO is completed.

4.1. ICO of BTR tokens

ICO Stage

Date: January 15th - February 15th 2018.
Total number of BTR tokens: 400,000,000
The starting price of 1 BTR token is $ 1.88, the final price is $ 2.78.

Round 1 BTR token price Number of BTR tokens
1 1.88 100 000 000
2 2.18 100 000 000
3 2.48 100 000 000
4 2.78 100 000 000

** All stages of the ICO can be completed ahead of schedule in case the necessary investments are attracted.

FAQ and all necessary information about the project is available on Boosteroid.com and in all Boosteroid social networks:

5. Distribution of collected funds

Total amount of attracted investments - $ 1 359 000 000. They will be distributed in the following way:

6. Boosteroid financial model

Expansion of computing facilities, purchase of equipment and the number of accepted BTR tokens dependson the amount of investments attracted during the ICO.

The table shows total number of computational nodes together with 189 already available and operating nodes.

One computational node costs approximately $15 000.

Investments collected at the ICO, $ BTR average cost, $ Number of BTR sold at the ICO Number of purchased computational nodes Total number of computational nodes Number of accepted BTR per month Time when BTR accepted as a payment will expire (month)
3 000 000 0,45 6666667 200 389 289416 23
5 000 000 0,46 10869565 333 522 388616 28
10 000 000 0,49 20408163 667 856 636616 32
30 000 000 0,55 54545455 2000 2189 1628616 33
50 000 000 0,65 76923077 3333 3522 2620616 29
100 000 000 0,8 125000000 6667 6856 5100616 25
300 000 000 1,1 272727273 20000 20189 15020616 18
500 000 000 1,15 434782609 33333 33522 24940616 17
1 000 000 000 1,2 833333333 66667 66856 49740616 17

7. Value on the market

Considering the large number of users and limited number of released tokens, BTR exchange rate will increase and investors will get maximum return and gain profit.

Every BTR corresponds to a real service - 1 token = 1 hour computing power rent. Currently the lowest cost of 1 hour cloud computing rent is $6,5, thus the token rate will increase up to more than $6.

market_value

After the service is launched we will start BTR buyback on the exchange, so the number of tokens available on the market will reduce.

8. Payment (exchange) mechanism description

We will develop the exchange service that will allow to make fast exchange between USD, BTC, ETH and BTR without registering and trading on external exchanges. Users will be able to pay with USD, BTC, ETH and BTR tokens.

The exchange service will be integrated into the web interface, where the payment for computing power rent will be made.

mechanism_description

Exchange rate and payment details will also be displayed there. The exchange rate will be close to that on the cryptocurrency exchanges and will update within particular periods of time. There will be a small charge for the exchange operations.

The exchange service will have reserves of USD, BTC, ETH and BTR. Exchange requests will be processed immediately. If the reserves of a particular currency end, the exchange service will automatically order it on external digital currency exchanges.

The exchange service will be launched on a separate server and connected to external exchanges, traditional payment systems and cryptocurrency wallets modules. The service will have a public API to accept exchange requests and inform about the current exchange rate and status of eserves.

9. Road map

road_map

10. Team

Dejan Puzich
Advisor

Cengiz Kaptan
Advisor, Investor

Ivan Shvaichenko
CEO, Founder

Ivan Sorbat
CTO

Sergey Znakhur
AI Developer

Bogdan Skryabin
Blockchain Specialist

Yuriy Savin
Infrastructure Architect

Larisa Сhepel
PR & Communications

Vitaliy Biriukov
CIO

Vladislav Nikitenkov
Marketing

Olga Podrezova
Lead designer

Svetlana Zykova
Web Development

Nataliya Kovalenko
Lawyer

Dmitriy Vakulenko
Engineer of automation of production processes