BOOSTO is a blockchain platform that allows social media influencers around the world to launch influencer stores selling products and engaging with their audience with a decentralized application (dApp), thus forming a fans-driven economic system.
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BOOSTO provides a development framework including SDKs, APIs and Oracle services for developers to develop various DApps. Influencers power the marketing for developers and get the revenue share. The project company partners with Boostinsider, 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.
By adopting blockchain technology and incorporating tokenization mechanics into a decentralized network, BOOSTO will remove intermediaries and provide direct incentivization to ecosystem players, especially independent developers and early adopters.
BOOSTO tokens will launch as an ERC20 token on Ethereum Blockchain and will be used as the primary medium of exchange on the BOOSTO platform. Content creators will no longer need to go through a centralized system that control how they can monetize their brand. All ecosystem tools and applications will need to use the Tokens as the main currency for payments.
The BOOSTO wallet (“BOOSTO Wallet”) will be integrated directly into the influencer Personal Store that will handle all Token-related transaction activities, such as creating the user’s wallet on the Ethereum blockchain and performing transferring, buying, and redemption functions, both internally on our network and externally on the blockchain.