Overview

BOOSTO is a decentralized app store designed to return power & freedom to creators & makers!

Project stage

Prototype

Detailed description

BOOSTO is an influencer driven decentralized app store. It provides a protocol for creating decentralized applications that act like an entire ecosystem and allow 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 empower global influencers and developers through unleashing the full potential of influencer led communities, by using blockchain as a foundation of trust and tokens as incentives to build various interactive decentralized applications. The developers can tap into the influencer network and collaborate to provide more interactive functionality with audiences and sponsors. Selected influencers will also be able to issue their personalized tokens, and through this system, the implicit potential of influencers can be measured by the total value of their tokens. Early supporters of influencers growing in popularity will be rewarded, since they can now use their existing tokens to buy more influencer’s services, or exchange for more goods and services of other influencers.

Problem

Content marketing and influencer marketing driven by ads is a broken model - wrong incentives and poor economics have driven content creators to ultimately serve their content for big name advertisers.

Many startups and even blockchain projects, have set out to disrupt this old model by providing alternative revenue models for content creators. While evaluating the current market, we realized that most companies are working to solve their existing content creator problems. In addition, we realized that, while influencers have a large amount of followers, they do not have the technical capabilities to develop applications which enhance interaction and relationships with their followers. With an open ecosystem, adding developers to the mix, they can develop smart contracts, integrate and improve both data and payment on blockchain with existing social network data, and more.

Solution

The Project Company partners with Boostinsider, Inc. (“Boostinsider”), which is a San Francisco based company, focusing on B2B solutions with a team of developers who are passionate about creating tools to enable customizable DApps to take innovation to the next level. We understand that by adopting blockchain technology, we can create even better transparency for data and payment. By incorporating tokenization mechanics to decentralized network, we can remove rent-seeking intermediaries and provide direct incentivization to ecosystem players, especially independent developers and early adopters.

The BOOSTO platform enables a decentralized ecosystem for influencer Marketing:

  • Users: Communities led by influencers
  • Contributors: Influencers and developers
  • BOOSTO tools: Data, analytics, payment, development library, Oracles, APIs, etc.

Features

  • Powerful development framework: SDK, API, Oracle services.
  • Social DApp store connecting developers and social media users
  • Customizable Influencer DApp store with pre built smart contracts.
  • Trading platform for influencer coins and actionable collectibles.
Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : BST
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : NA
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,000,000,000 BST
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :500,000,000 BST
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    • The token lockup time is six months starting from token generation date(not announced yet), released monthly.

    Unsold tokens

    NA
      • Funds Distribution

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Pre-sale — Soon
    Start Soon
    0.00007 ETH 25% - Uncapped Uncapped
    • Team

      • Heidi Yu photo
        Heidi Yu
        CEO
      • Chen Wang photo
        Chen Wang
        CTO
      • Rock Zhang photo
        Rock Zhang
        Head of Product
      • Adam Charles photo
        Adam Charles
        Marketing Manager
      • Reza Bakhshandeh photo
        Reza Bakhshandeh
        Token Design Architect
    • Advisors

      • Paul Veradittakit
        Partner at Pantera Capital
      • Andy Tian
        Gifto CEO
      • Danny Yang
        Blockeer CEO
      • Mark Mai
        China's Top Angel Investor
      • Matthew Liu
        Origin CEO
      • Josh Fraser
        Cofounder of Origin
      • Crypto Bobby
        Crypto Influencer
      • Addison Huegel
        Advisor/PR
      • Melody He
        Advisor/International BD

    Roadmap

    • Q1 2018

      Product design and concept validation

    • Q2 2018

      Launch of SocialBook DApp built on BOOSTO prototol, and participation of 10 selected influencers.

    • Q3 2018

      BOOSTO protocol beta launch, allowing 3rd party DApps.

    • Q4 2018

      BOOSTO platform official launch, open to 350k influencers.

    • 2019

      Ongoing iterations and expansions.

    Activity