What is KELTA project?
KELTA is a data center built to empower Scientific research, scientists, and crypto currency miners of course with the ability to provide industry-class computing.
The KELTA data center provides hosting services for a variety of purposes, including scientific research, neural network testing, game services, and cryptocurrency mining. Their focus is on offering computing power to scientific researchers, scholars, cryptocurrency miners and anyone else who might need it. The KELTA data center is already fully operational and profitable. The purpose of this ICO is to make their data center more accessible to a wider community. Funds raised will largely be used to update their liquid immersion cooling system.
How does The KELTA Project work?
The Kelta project itself seeks to raise funds for major upgrades to the Kelta data center. One of the biggest upgrades is a liquid immersion-cooling technology that is said to be highly efficient in reducing temperature of its datacenter workstations; Kelta estimates that once this cooling technology is put in place, it will increase the power of workstations by 25%.
The Kelta KLT token ICO is meant to generate the funds necessary to implement these upgrades as well as other unspecified ones. The benefits of participating in the ICO are tied to the Kelta data center in that each token purchased then entitles the token holder to a specific amount of data center resources that can either be used or that can be leased to third parties at a set rate.
Under this framework, each KLT token will be equivalent to 1 watt’s worth of power. KLT token holders will be able to access their account and manage how their power is allotted through a mobile app and web portal that Kelta will develop. This dashboard is designed to provide a high level of utility for token holders. Uses of the wattage entitled to token holders, according to Kelta, will have the ability to be dedicated to crypto mining, neural network training, or any other task that requires wattage devoted to computational work.
ROI, according to Kelta, will vary on use case. Using wattage for scientific research is unlikely to provide a monetary return, though cryptocurrency mining and leasing accumulated wattage is estimated to carry a 6% to 8% ROI and an 0.5% ROI respectively per month. This is independent of any fees, which, according to Kelta, amount to around $160 USD per kilowatt per month.
The key advantages of the Kelta data center include energy efficiency, security, and accessibility. Liquid immersion cooling, a tier-3 security level building, and an easy to use mobile application each make Kelta one of a kind. Energy efficiency is where sustainability pays for itself because the return on investment (ROI) for efficiency is measured in weeks or months and not years, Also, using less energy as a whole means less renewable energy will be required to power data center. Kelta, using direct-flow technology to circulate fluid through a sealed server chassis, coolant will be constantly flowing through the system, maintaining optimal stability and reducing the amount of power required for cooling.
Their data center is also secure and accessible through a single main gate that is having monitored throughout. Above all, the KELTA data center is truly a one-of-a-kind, with loads of features to provide enough computing power to be used by cryptocurrency miners, scientists, and any other individual who needs to use it to generate income. This is a substantial attitude that place them in great hirachy with exceptional expectations to render services that customers can confidently depend on.
The Kelta's TEAM:
Kelta is owned by AGEM DATA, an umbrella company that owns a data center in Bratislava, Slovakia, as well as a crypto mining company that operates out of that data center. According to the Kelta website, the company was formed specifically and expressly for the company’s ICO.
Kelta’s CEO and founder is listed as George Mac, an entrepreneur who has been involved with Kelta since 2015. Prior to founding Kelta, Mac owned a website design company known as Webfloor that is still active. Before this, Mac co-founded a wagon repair company located in Poland. The rest of Mac’s previous companies, of which there are many, are hard to qualify due to language barriers as they were all located either in Eastern Europe or Russia.
Token Details
The Kelta ICO pre-sale is scheduled to begin on March 5 2018; the general ICO opens a week later on March 12. Its listed end date is April 30 2018. The price per token is variable, depending on when during the ICO an investor purchases the tokens, and adheres to the following pattern:
- Pre-sale: 1 KLT per 0.00495 ETH
- Weeks 1 and 2: 1 KLT per 0.00565 ETH
- Weeks 3 and 4: 1 KLT per 0.00595 ETH
- Weeks 5 and 6: 1 KLT per 0.00625 ETH
- Week 7: 1 KLT per 0.00655 ETH
As an Ethereum-backed token, KLT can only be purchased with ETH. Again, each KLT is worth 1 watt of power used by the Kelta data center.
For more information:
Website: https://kelta.com
Medium: https://medium.com/kelta-com
Twitter: https://twitter.com/KELTAcom
Facebook: https://www.facebook.com/KELTAcom
Instagram: https://www.instagram.com/kelta_com/
Author: tinhkhuat
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1885373
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