Bostrom PriceBOOT

What is Bostrom (BOOT)?

Bostrom (BOOT) is a cryptocurrency project operating within the Cosmos Ecosystem and the Osmosis platform. It is positioned as a "bootloader for superintelligence of the moon," suggesting that its purpose is to lay the foundational infrastructure and protocols necessary for the emergence or support of superintelligent systems in a decentralized context. The project focuses on advanced computational and artificial intelligence capabilities on the blockchain, which may involve decentralized platforms that support AI development, the integration of AI with blockchain for enhanced security or decision-making, or secure data sharing and analysis. Bostrom is referred to in community discussion as the main AI project within the Cosmos network context and is characterised by a minimalistic design philosophy that prioritises simplicity.

The total supply of BOOT is 481,623,896,356,519 tokens, approximately 481.62 trillion. CoinMarketCap lists the circulating supply as zero, while other data aggregators report differing figures. Maximum supply is not capped in the CoinMarketCap registry, where it is listed as "--". BOOT serves as the staking token of Bostrom, while HYDROGEN functions as the liquid staking token. Bostrom was listed on CoinMarketCap on 28 March 2022. The project is built on the Cosmos SDK, features an AI-focused knowledge graph with IPFS integration, and BOOT carries a governance role.

Key Specifications & Tokenomics

• Name: Bostrom
• Ticker / Symbol: BOOT
• Platform: Osmosis
• Chain: Osmosis (OSMO)
• Ecosystem: Cosmos Ecosystem, Osmosis Ecosystem
• Category: Opensource, AI-focused blockchain project
• Total Supply: 481,623,896,356,519 BOOT
• Circulating Supply: 0 BOOT (CoinMarketCap registry)
• Max Supply: Not capped in the CoinMarketCap registry (listed as "--"); the total supply stands at 481,623,896,356,519 BOOT.
• Fully Diluted Valuation: Displayed live on the data page and fluctuates with market conditions.
• Staking Token: BOOT
• Liquid Staking Token: HYDROGEN
• IBC denom on Osmosis: ibc/FE2CD1E6828EC0FAB8AF39BAC45BC25B965BA67CCBC50C13A14BD610B0D1E2C4
• Official Website: http://bostrom.network/
• Project Website: https://cyb.ai/
• Whitepaper: https://github.com/cybercongress/cyber/blob/master/computing-the-knowledge/computing-the-knowledge.md
• Source Code: https://github.com/cybercongress/cyber
• Block Explorer: https://atomscan.com/bostrom
• Block Explorer (alternate): www.mintscan.io
• Start Date: 2022-03-28

Tokenomics mechanics: a neuron burns H through bostrom/mint to create V or A. The cost follows a supply decay curve — each bostrom/mint makes the next one more expensive.

Who created Bostrom?

Detailed public information about the founding team, developers, or organisational structure behind Bostrom is currently limited. The project's GitHub repository is maintained under the cybercongress organisation, and its social media presence is managed through the Twitter account cyber_devs. The whitepaper and source code are hosted on GitHub under the cybercongress/cyber repository, indicating that the project is developed by contributors associated with Cybercongress. However, no specific individual founders, team members, or organisational entities are publicly identified in the available references. As with any cryptocurrency project, potential investors and participants should conduct thorough research into the project's goals, the team behind it, and its potential for real-world application and growth.

How does Bostrom work?

Bostrom is built on the Cosmos SDK and uses IBC for interoperability with other Cosmos chains. Bostrom is built on the Cosmos SDK and features an AI-focused knowledge graph with IPFS integration, where every dataset is content-addressed on IPFS. The project employs a minimalistic design philosophy that prioritises simplicity in its architecture.

The project's security framework is described as multifaceted, incorporating both technological and procedural elements to ensure the integrity and safety of its network. BOOT is the staking token of Bostrom. BOOT can be staked via the cyb.ai interface or the Keplr wallet, as listed in the project's official resources. The cyb.ai platform allows users to perform actions on Bostrom, including operations under the menu option of "Dyson Sphere." HYDROGEN serves as the liquid staking token of Bostrom, paired with BOOT in Osmosis Pool #3165. BOOT is a staking token: holders delegate it to validators to help secure the network and receive rewards, while HYDROGEN serves as the liquid staking token. Reward rates and staking periods are set by network parameters and can change.

What makes Bostrom unique and valuable?

Bostrom's unique value proposition centres on its positioning as a "bootloader for superintelligence" and its designation in community discussion as the main AI project within the Cosmos network context. The project aims to contribute to the development of superintelligence by laying foundational infrastructure or protocols necessary for the emergence or support of superintelligent systems in decentralised networks. This focus on advanced computational and AI capabilities on the blockchain distinguishes it from typical cryptocurrency projects. The integration of AI with blockchain could potentially enhance security, decision-making processes, and facilitate data sharing and analysis in a secure, immutable environment.

Another distinguishing feature is Bostrom's minimalistic design philosophy, which prioritises simplicity. The availability of HYDROGEN as a liquid staking token adds a layer of utility and flexibility for token holders. BOOT's price is highly volatile and has moved sharply since launch; readers should check the live data page for current levels.

What is Bostrom used for?

BOOT serves as the staking token of Bostrom, allowing holders to participate in the network's security and consensus mechanisms. BOOT can be staked via the cyb.ai interface or the Keplr wallet, as listed in the project's official resources. Staking rewards vary and are not fixed; holders should check the official interface for current parameters. Staking BOOT enables users to perform actions on the Bostrom network through the cyb.ai platform, including operations under the "Dyson Sphere" menu option. HYDROGEN functions as the liquid staking token of Bostrom, providing an alternative for users who want to stake while maintaining liquidity. BOOT also plays a governance role within the ecosystem.

BOOT is available on Osmosis, where it serves as the primary trading and liquidity venue. The token is paired in various liquidity pools, including ETH.axl/BOOT (Pool #912), HYDROGEN/BOOT (Pool #3165), ATOM/BOOT (Pool #596), and BOOT/OSMO. These pools facilitate trading and provide liquidity for BOOT holders. The token's utility extends to participation in the Bostrom ecosystem, which aims to contribute to the development of superintelligence through decentralised infrastructure. Additionally, BOOT can be used to perform actions on the Bostrom network, though specific details about these actions are limited in public references.

How Is the Bostrom ecosystem developing?

The Bostrom ecosystem includes several key components and applications. The cyb.ai platform serves as a primary interface for staking and performing actions on Bostrom, with users able to access features under the "Dyson Sphere" menu option. Osmosis functions as the primary decentralised exchange venue for BOOT trading and liquidity pools, hosting multiple trading pairs including ETH.axl/BOOT, HYDROGEN/BOOT, ATOM/BOOT, and BOOT/OSMO. Keplr serves as a wallet used to stake BOOT, while Mintscan and Atomscan function as block explorers for the network.

HYDROGEN, the liquid staking token of Bostrom, is paired with BOOT in Osmosis Pool #3165, adding utility to the ecosystem. BOOT can be staked via the cyb.ai interface or the Keplr wallet, as listed in the project's official resources. Market ranking varies by data provider and changes frequently; check the live data page for the current figure. Official community channels include Telegram (t.me/bostrom_news and t.me/CyberGlobalHub) and Discord (discord.gg/UJWBDsJBBF).

How to mine Bostrom?

Bostrom does not use traditional mining. Instead, BOOT is obtained through staking, which is the primary mechanism for participating in the network and earning rewards. BOOT can be staked via the cyb.ai interface or the Keplr wallet, as listed in the project's official resources. To stake BOOT, users typically need to acquire the token through available trading venues, transfer it to a compatible wallet, and then delegate it to a validator or staking pool through the cyb.ai platform or Keplr wallet.

HYDROGEN serves as the liquid staking token of Bostrom, offering an alternative for users who want to stake while maintaining liquidity. The staking process involves performing actions on the Bostrom network through cyb.ai, including operations under the "Dyson Sphere" menu option. BOOT is a staking token: holders delegate it to validators to help secure the network and receive rewards, while HYDROGEN serves as the liquid staking token. Reward rates and staking periods are set by network parameters and can change.

How to keep your Bostrom Coin safe?

Keeping BOOT tokens safe requires following standard cryptocurrency security practices. Use Keplr, a widely used wallet in the Cosmos Ecosystem, to store and stake BOOT tokens. Keplr provides a secure interface for managing Cosmos-based assets and allows users to interact with the Bostrom network. Alternatively, cyb.ai can be used for staking and performing actions on Bostrom, though users should ensure they are accessing the official platform. Always verify URLs and avoid clicking on suspicious links, as phishing attempts are common in the cryptocurrency space.

For additional security, consider using hardware wallets that support Cosmos-based assets to store BOOT tokens offline. Never share your private keys or seed phrases with anyone, and store them in a secure, offline location. Be cautious of unsolicited messages or offers related to BOOT, as scammers often target cryptocurrency holders. When staking, research validators and choose reputable ones with good track records. Regularly monitor your holdings and stay informed about project developments through official channels, including the project's Twitter account and GitHub repository. As with any cryptocurrency investment, conduct thorough research and understand the risks before participating in the Bostrom ecosystem.