Orchid ($OXT) is about to explode
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the fact that no pajeets are shilling this like mad is making me want to throw 1k at this, should I risk more?
Up to you. I am balls deep with 150K OXT
why do u think its gonna pump? is the team white?
what use does the token serve exactly? they can do this without a token, right?
from what i read it pays the network itself, i just started reading up on it though so could be wrong
Yes, the team is white. The CEO, Steve Waterhouse, has a PhD in Computer Engineering from University of Cambridge. Another co-founder is one of the original developers of Ethereum. They have a real, working product. Pajeet fudders will say "it's just a VPN," but that's not true. It's an incentivized bandwidth proxying protocol for a decentralized VPN that allows users to buy bandwidth from a global pool of service providers using $OXT. The market cap is only $13.5M, and it's already listed on Coinbase and Gemini. It will be listed on Kraken tomorrow. Also, they are presenting at Mainnet2020 tomorrow and apparently have a massive announcement to make.
Tomorrows speech. twitter.com
It's an incentivized bandwidth proxying protocol for a decentralized VPN that allows users to buy bandwidth from a global pool of service providers using $OXT.
>is the team white?
The bandwidth can be sold for other uses than a VPN? I took a gander at the website and it looked like you can only buy VPN services with OXT.
>The bandwidth can be sold for other uses than a VPN
Yes, "VPN" is just the layman and normie label. Ochid is actually much, much bigger. It is more accurately described as a bandwidth market where node providers stake tokens to advertise their services using the Ethereum blockchain.
Unironically just upped my stack to 30k.
I'm probably wrong but something feels a little off here, like why not use money instead of tokens... sounds like DENT but for vpns instead of mobile phones. Might throw $100 at it for shits and giggles to see if it will pump based on hype alone...
okay i threw $1k in, im a poorfag so pls dont fuck me goyim
VPNs are inherently centralized and a log-less trusted VPN that claimed to have 0 data retention cooperated with LEO against a pedo a year or two ago and magically had his history/logs. Creating a decentralized economy based around offering bandwidth as a service in exchange for the token to buy said bandwidth is exactly what crypto is about.
>why not use money instead of tokens.
The whole point is that the project operates on the Ethereum network. It has all the benefits of cryptocurrency, including the ability to be staked via smart contracts.
To be honest with you though, the biggest selling point in my opinion is that this project glows. It hasn't even pumped yet, and it's already listed on Coinbase, Gemini, and soon Kraken. The people behind this project have deep, deep connections.
Not defending pedos but that was the canary in the coal mine, anyone still using a VPN (even paid ones, you're literally retarded if you use a free one to get datamined) is fucking dumb when dVPNs like this and SENT exist and actually work. I know SENT incorporates Tor into its protocol as well (incidentally solving the exit node issue and has plans for the packet obfuscation as well). But OXT is the dVPN bluechip if it exists.
the amount of listings is definitely telling, and the hype at the very least will pump the token.
I don't buy utility tokens
Sounds like the answer to a pedos prayer, really.
As opposed to pump and dumps or lazy, Speculative projects across the spectrum? If something like cardano or bsv can pump, so can this. Hell, it might even deliver on its promises and have some real world utility of the white paper isn’t all hype.
>why not use money instead of tokens
No username/email/password/card/name/address/number - no sign in. No sign up.
>Swedes
>White
They're Mongols.
mate you realize cardano is hitting a dollar by q3, right? go ahead and screencap this
No as opposed to actual coins with inherent value. I don't buy chuck e cheeze tokens for whatever retarded service is being shilled. In this case a VPN lmfao
That brochure iohk handed out to all it’s initial investors, the attorney that verified the peer reviewed project particulars doesn’t exist. Hoskinson made it up. Serenity is going to render anything he’s trying to accomplish obsolete. Keep holding out hope on those intermittent screenshots of code and other promotional bullshit.
>T. Former ADA holder that got tired of new deadlines and live-streams with nothing to show for it.
DYOR is important here. If you took 5 minutes to comb over the white paper, you’d see it’s far more than that.
seems you left at the worst time possible kid. shelley is coming in aug, it's a done deal
Utility
Token
Retard