With two weeks left of its ICO, Kelta is hosting a fourth airdrop campaign. The concept is relatively simple. Each Kelta token (KLT) represents 1 W of computing power at their upcoming datacenter -- a pure utility token with a very straightforward application.
By signing up for the airdrop plus doing some tasks on social media you can claim 6 KLT right now. Investing in the project might also be interesting, given the obvious idea of using the computing power for crypto mining. The latter also seems to be the prime focus by the team behind Kelta and their whitepaper states that investors can expect a 6-8% return per month from crypto mining. From stated hashpowers in the whitepaper and my own calculations this is achievable.
My biggest concern was the long term viability of the project, primarily in terms of continually maintaining state of the art computing hardware so to keep mining profitable. In other words, would the funds allocated to future upgrades really be enough for this?
After discussing this with the CEO, I came to a more positive conclusion, so I am considering investing a small stake. Long story short, the future upgrade funds will be used for crypto mining in the datacenter, with the profits then saved for future hardware upgrades.
Of course, no ICO is risk free so never invest more than you can lose. Either way, take advantage of the airdrop -- no investment required.
AIRDROP: https://www.kelta.com/airdrop4/?ref=i85k7
More info: https://www.kelta.com/
Whitepaper: https://www.kelta.com/preview-file/kelta-whitepaper-ENG.pdf