Orchid Protocol
OXT
Decentralized VPN Marketplace
$
0.105035
-1.08% - Trading Volume(24h) 32.93% $ 3,648,999.777
- Circulating Market Cap $ 62,561,231.735 #497
- Fully Diluted Valuation $ 105,100,460
- Circulating Supply 591,544,728.952 OXT
- Total Supply 1,000,000,000 OXT
- Total Raised $45.8 M
- Contract Address
0x4575...3deb
- Supported Exchanges
+20 - Launched Dec, 2019
Details
Orchid is a platform that enables an onion routing network incentivized by OXT and a multi-hop VPN client. It aggregates the services of numerous high-quality VPN providers in a unique, decentralized marketplace powered by OXT tokens. Bandwidth providers register as sellers on the network by staking their own capital up-front in the form of OXT. This staked capital functions like a security deposit, incentivizing VPN bandwidth providers to supply users with high-quality service. Providers who fail to do so are risking their own capital.
Fundraising
$
0.105035
-1.08% 
- Trading Volume(24h) 32.93% $ 3,648,999.777
- Circulating Market Cap $ 62,561,231.735 #497
- Fully Diluted Valuation $ 105,100,460
- Circulating Supply 591,544,728.952 OXT
- Total Supply 1,000,000,000 OXT
- Total Raised $45.8 M
- Contract Address 0x4575...3deb
- Supported Exchanges +20
- Launched Dec, 2019
Significant Events
2019-05-10
Orchid Protocol raised $ 5 M in funding round
2018-04-21
Orchid Protocol raised $ 36.1 M in funding round
2017-10-31
Orchid Protocol raised $ 4.7 M in Seed round
Similar Projects
Mysterium Network
Decentralised VPN
Sentinel
A global network of autonomous dVPN applications
Deeper Network
Web 3.0 infrastructure and ecosystem
Cosmic Network
Decentralized VPN
Tachyon Protocol
Decentralized internet protocol
U2DPN
Decentralized network node solution
SpiderDAO
The first hardware-enabled DAO
Shadow Node
Decentralized virtual private network