Boosteroid will provide 10% free of computing power for AI-startups addressing the
issues of aging.
ATTN: The first stage of ICO starts on October 23 and ends on November 6, 2017, the second stage starts on
November 27 and last until December 11, 2017. The third – from January, 15, 2017 to February. Here you can go through and download the Whitepaper.
Boosteroid founder Ivan Shvaichenko noted that this idea comes from understanding that aging
is one of the most significant and unresolved issues that humankind faces today.
“Initially we’ve decided to provide 10% of our computing power for AI-startups. However, as we
learnt brand new AI researchers, we agreed to proceed from the general to the particular and
focused only on prolongation of human life and aging issues. Furthermore, what influenced our
decision was that AI researchers in this area cannot be harmful to people”, – said Shvaichenko.
According to him, startups addressing the issues of aging face lack of financing and computing
power to reach their goals.
“Accordingly, if we provide 10% of computing power we will get much closer to a solution of one
of the main challenges that we face today”, – states Boosteroid founder.
Criteria for selection of startups to be provided with computing power, will be set after the first
ICO stage that starts on October 23, 2017.
“We will create an independent international commission that will set criteria for startups
selection and will determine the projects to be provided with computing power”, – ensured Ivan
Boosteroid is an international project that aims to create a cloud services platform that
provides convenient access to computing power, storages and software products.
The project will allow to abandon expensive personal computers in favor of a powerful remote
service with a user-friendly interface and a simple management. A computer is able to carry out
a variety of tasks in the "cloud" – from working with texts to analyzing DNA.
Today the prices of cloud computing rent offered by market leaders — Amazon WS, Microsoft
Azure, Google Cloud — are very high, so this service is still the privilege of the “elite”.
Not only have users to pay a lot for computing power rent offered by market leaders but also
face difficulties when trying to take this rent. It is very challenging even for advanced users to
go through the rental procedure that includes complex settings and requires a lot of time. The
team has decided to hold the ICO to expand computing facilities as well as make price of
computing power rent competitive and available for everyone.