Bostrom PriceBOOT

What is Bostrom (BOOT)?

Bostrom (BOOT) is a cryptocurrency project operating within the Cosmos Ecosystem and the Osmosis platform. Bostrom describes itself as a "bootloader for superintelligence" built on the Cosmos SDK with an AI-focused knowledge graph. 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 characterized by a minimalistic design philosophy that prioritizes simplicity.

The total supply of BOOT is 481,623,896,356,519 tokens, approximately 481.62 trillion. The project's self-reported circulating supply on CoinMarketCap is 479,877,394,522,809 BOOT, while CoinGecko lists a circulating supply of 480 trillion BOOT. Max Supply: Not capped / not published by the issuer (CoinMarketCap lists it as "—"). BOOT serves as the staking token of Bostrom, while HYDROGEN functions as the liquid staking token. BOOT was listed on CoinMarketCap on 28 March 2022. The earlier bostrom bootloader chain was halted on 5 November 2021, when on-chain balances were swapped to BOOT at warp prices.

Key Specifications & Tokenomics

• Name: Bostrom
• Ticker / Symbol: BOOT
• Platform: Osmosis
• Ecosystem: Cosmos Ecosystem, Osmosis Ecosystem
• Category: Opensource, AI-focused blockchain project
• Total Supply: 481,623,896,356,519 BOOT
• Self-reported Circulating Supply: 479,877,394,522,809 BOOT
• Max Supply: Not capped / not published by the issuer (CoinMarketCap lists it as "—")
• Fully Diluted Valuation: Shown live on the asset page
• Staking Token: BOOT
• Liquid Staking Token: HYDROGEN
• Contract (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 (CoinMarketCap listing date)

A neuron burns H through bostrom/mint to create V or A; the cost follows a supply decay curve, so each successive mint is more expensive than the last. BOOT tokens unlock from a vesting pool and are delivered to investors, with an end-of-vesting marker recorded for BOOT.

Who created Bostrom?

Detailed public information about the founding team, developers, or organizational structure behind Bostrom is currently limited. The project's GitHub repository is maintained under the cybercongress organization, 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 organizational entities are publicly identified in the available references.

How does Bostrom work?

Bostrom is built on the Cosmos SDK and connects to other chains in the Cosmos Ecosystem through IBC (Inter-Blockchain Communication). Bostrom maintains an AI-focused knowledge graph, and every dataset is content-addressed on IPFS. BOOT also carries a governance role in the ecosystem. Bostrom employs a minimalistic design philosophy that prioritizes 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, and community members report using either KEPLR or cyb.ai to stake their tokens. 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. The project's description implies a focus on advanced computational or artificial intelligence capabilities on the blockchain, though specific technical details about consensus mechanisms and governance are not publicly provided.

What makes Bostrom unique and valuable?

Bostrom's unique value proposition centres on its positioning as a "bootloader for superintelligence." 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 decentralized 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 prioritizes simplicity. The availability of HYDROGEN as a liquid staking token adds a layer of utility and flexibility for token holders. However, BOOT's market value is not widely recognised and its price is highly volatile, indicating that its value proposition is still emerging and carries significant uncertainty.

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. Community members report using either KEPLR or cyb.ai to stake their BOOT tokens. Staking rewards on Bostrom are variable and depend on network parameters; check the official staking interface for current rates. 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 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 decentralized 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 decentralized 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. Community discussion on Reddit indicates that BOOT is available on Osmosis and that users can use either KEPLR or cyb.ai to stake. Bostrom connects to other Cosmos chains through IBC, and assets are represented on Osmosis via the IBC denom ibc/FE2CD1E6…E2C4. The project's ecosystem is still developing. Market ranking varies by data provider and is shown live on the asset page.

How to mine Bostrom?

Bostrom does not use proof-of-work mining. BOOT is obtained by delegating to validators through Keplr or cyb.ai; rewards come from the chain's staking issuance and are variable. HYDROGEN is the liquid staking token paired with BOOT in Osmosis Pool #3165. 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. The project's staking mechanism is designed to secure the network and reward participants, though specific details about validator requirements, reward rates, and staking periods are not extensively documented in public references.

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. BOOT trades with very thin liquidity, so quoted prices can move sharply on small orders.