Why investing in Boosteroid is a safe bet during this "ICO winter"

in #blockchain6 years ago

After a huge drop in the total crypto market cap, it has now come to a near stable situation. New ICOs in this period which had huge hype around them even went below their market price days after listing on exchanges. Now we cannot expect huge gains like we did during December and early January. We need to make a safe investment and I personally think Boosteroid is one such safe bets.

Boosteroid is a platform which provides cloud services & products with BTR tokens to access the platform. They aim at making the cost of using cloud services affordable as tech-giants like Amazon, Microsoft, Google ask huge prices.

Currently, the total amount of investments raised is around $7M. With the end of the ICO data nearing in 2 days, I personally don't think more than $1M can be raised. So if we consider a $8M total investment raise. The rest of the tokens worth more than $2M will be burned.

There is an ever increasing demand for cloud services and computation power. They also charge prices lot lesser than popular companies which will increase their market.

Check their chart on boosteroid.com.

DISCLAIMER:This is just my opinion and I shall not be liable to any profits or losses.