Kelta_WP_1201v2
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White Paper<br />
The KELTA ICO - A decentralized datacenter,<br />
empowering scientific researchers, scholars and<br />
cryptocurrency miners, providing an industrial<br />
grade computing capabilities at affordable rates.
White Paper<br />
TABLE OF CONTENTS<br />
UNIT 1: The KELTA ICO — Quick Overview<br />
1.1 The KLT token<br />
1.2 The KELTA ICO<br />
1.3 The KELTA website<br />
1.4 The KELTA application<br />
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UNIT 2: Background of the KELTA Data Center<br />
2.1 Introduction<br />
2.2 Project history<br />
2.3 Technical details<br />
2.3.1 Liquid immersion cooling<br />
2.3.2 The location of KELTA<br />
2.3.3 The facility<br />
2.4 Fee structure<br />
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UNIT 3: Opportunities and Market Research<br />
3.1 Opportunities<br />
3.1.1 Cryptocurrency<br />
3.1.2 Neural Nets and Neural Network Research<br />
3.2 The utility of the data center<br />
3.3 Considerations about the data center’s location<br />
3.4 The long term demand for cryptocurrency and data centers<br />
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UNIT 4: The KELTA ICO — Details<br />
4.1 The initial coin offering<br />
4.2 The KELTA smart contract<br />
4.3 Terms of payment<br />
4.4 Notes regarding token issue<br />
4.5 Rental payments and mining rewards for KELTA Participants<br />
4.6 Notes regarding fund distribution<br />
4.7 Road map<br />
4.8 The <strong>Kelta</strong> team<br />
4.9 Our Advisor<br />
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UNIT 5: Legal considerations and Risk Factors<br />
Contact information<br />
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UNIT 1: The KELTA ICO — Quick Overview<br />
In today’s world, science has advanced to such an extent that home computers are not enough to make the<br />
calculations necessary for even the most basic of research. Cryptocurrency mining, a process which also<br />
requires advanced calculations and large amounts of computing power, is impossible for people using home<br />
computers. The solution would seem to be data centers.<br />
In 2018, access to a data center will be essential for millions of individuals, but few solutions exist that enable<br />
everyday people to get a start in data center use. The founders of the KELTA data center have long believed<br />
that the computing power necessary for neural network research, advanced calculations, and cryptocurrency<br />
mining should be available to everyone.<br />
It has long been a part of KELTA’s mission to increase the accessibility of data center services worldwide. The<br />
KELTA data center is currently in operation and will begin raising funds during an ICO. It is hoped that this campaign<br />
will help to popularize and democratize data center use..<br />
Please note — KELTA is a multifunctional data center, and token holders have the ability to use their tokens to<br />
access many different services, including computational power for scientific research, game servers, and<br />
various calculations.<br />
1.1 The KLT Token<br />
Interested parties may gain access to the KELTA data center by purchasing the KLT token. This token as a utility<br />
offers a number of functions but does not represent a stake in the company, the right to decisions regarding<br />
KELTA’s direction, or right to dividends, profits, or investment revenue.<br />
The KLT token is a ERC20 standard utility token emitted on the Ethereum blockchain network. Ownership of one<br />
token gives the token holder unlimited access to one watt of the KELTA data center’s capacity. The amount of<br />
watts to which the user has access is equivalent to the number of KLT tokens he or she possesses.<br />
KELTA data center users will enjoy the following benefits from KLT token ownership:<br />
• Access to 1 watt of data center capacity for 50 years.<br />
• Access to the streamlined KELTA app (and web portal) which makes it easy to select the cryptocurrency to<br />
mine, and to begin mining — even with a limited understanding of blockchain theory.<br />
• Membership in an exclusive community of cryptocurrency and blockchain experts, supported by the tools<br />
provided on the KELTA website.<br />
• Ability to rent out the tokens to other platform users. The minimum rental period is one year.<br />
It must be clearly understood that access to computer capacity does not imply ownership of that computer<br />
capacity, the equipment involved, or any administrative or executive role.<br />
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1.2 The KELTA ICO<br />
KLT tokens will be available for purchase for a limited time by means of an initial coin offering (ICO). Tokens