BOOSTO ICO Review

BOOSTO

Decentralized App Store Without Intermediary.

BOOSTO Score



BOOSTO is a decentralized blockchain platform that connects social media users with blockchain community. It allows influencers around the world to launch blockchain based influencer stores selling products and engaging with their audience with dApp, thus forming a decentralized influencer/fans-driven economic system.

LINKS

WEBSITE WHITEPAPERS

SOCIAL MEDIA

REVIEW VIDEO

TOKEN SALES

METRICS

Green lights

  • Powerful development framework: SDK, API, Oracle services.
  • Customizable Influencer DApp store with pre built smart contracts, which is a smart addition.
  • Social DApp store connecting developers and social media users.
  • Trading platform for influencer coins and auctionable collectibles.
  • 350K social media influencers covering 2B fans.
  • Strong knowledge in influencer marketing: 300+ brands and 2000+ campaigns.
  • Product began testing in Q4 2017.

red flags

  • Incredibly high Hard Cap of over $100 million for the current market.
  • CEO has no previous experience in running a big scale business like this and when there is $100 million hard cap, that’s just not good enough.
  • Would take mass adoption of Influencers to make it successful.
  • Lack of hype & knowledge by the crypto community.
  • Influencer coins could be used to scam or harm a community instead of better it.

BOOSTO
DETAILED ANALYSIS

ICOs Found

ADVISOR SCORE

Medium

– Andy Tian, CEO of Asia Innovations Group. Successful serial entrepreneur (AIG, his fourth startup). Previously general manager of Zynga China and while at Google, introduced Android to China. MIT BS & MA degrees in computer science. – Paul Veradittakit, Partner at Pantera Capital and focuses on the firm’s venture capital and hedge fund investments. Pantera Capital is the earliest and largest institutional investor in digital currencies and blockchain technologies, managing over $1B.

TEAM SCORE

Low - Medium

– CEO has no previous experience in running a big scale business like this and when there is $100 million hard cap, that’s just not good enough. – Chen Wang, CTO – AI/Big data veteran, former principal engineer at WalmartLabs and served in Microsoft cloud computing for six years. Computer Science master degrees from Shanghai Jiaotong University and UNC-CH with 12 years of working experience.

HYPE SCORE

Medium

– Boosto have a growing community, with nearly 5K followers on Telegram which is mostly due to it’s bounty, we speculate. – Little to no influencers talking about Boosto but with time things could change.

TOKEN SCORE

Low

– One of the highest Hard Cap we’ve seen in a long time at over $100 million.

CONCLUSION

BOOSTO are aiming to us blockchain to help influencers connect with their fans in as many ways as possible. They are a merging of two revolutionary movements: influencer marketing and decentralized applications. BOOSTO offers a protocol that provides tools and libraries for developers to build decentralized applications (dApps), as well as assistance in reaching millions and millions of end users. These dApps will then be distributed through an ever-increasing pool of 350,000 social media influencers to their 2 billion (and growing) global fans and followers. The entire dApp ecosystem allows developers and companies to easily build dApps that directly interact with individual influencers, influencer networks, social media platforms, and brands with consumers, services, companies and much more. BOOSTO’s platform aims to return power and freedom to influencers and developers through unleashing the full potential of influencer-led communities. This will be executed by using blockchain as a foundation of trust and Tokens as incentives to build various interactive decentralized applications. The developers then tap into the influencer network and collaborate,providing more interactive functionality with audiences and sponsors. The BOOSTO Token is the main currency that will be used as a means of exchange, used on BOOSTO’s platform, which is built on top of the influencer infrastructure.

7.8

ADVISOR

5.7

TEAM

3.2

HYPE

5.1

TOKEN

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CATEGORY

All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).

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