The Boosteroid platform is currently on development and the funds that will be raised on the token sale will speed up the process.

Here is some statement from the team:

We will use the funds raised after the first ICO stage to set up electricity connection, get the premises prepared to the setup and launch of computing powers, purchase of the first facilities and further software development to provide convenient access to computing resources.

Funds raised after the second ICO stage will be used to buy and setup of equipment to start our computing facilities.

Funds raised after the third stage will be used to further expand computing power of our project.