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Al-Driven Crypto Investment Research Revolution

Orchid Protocol

$02.14%
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Al-Driven Crypto Investment Research Revolution
Orchid Protocol
Decentralized VPN Marketplace
orchid
Twitter
Categories:
VPN
Privacy
Ecosystem:
Ethereum
Region:
United States
Founded:
2017
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.
Orchid Protocol Fundraising
Amount
$5M
Valuation
--
Date
May 10, 2019
Amount
$37M
Valuation
--
Date
Apr 21, 2018
Investors
MetaStable Capital
Box Group
Compound VC
Sequoia Capital
DFJ Growth
Blockchain Capital
Andreessen Horowitz
Seed
Amount
$5M
Valuation
--
Date
Oct 31, 2017
Investors
Sequoia Capital
DFJ Growth
Struck Crypto
Blockchain Capital
Andreessen Horowitz
Investor
Andreessen Horowitz
United States
Fabric Ventures
Britain
Sequoia Capital
United States
Blockchain Capital
United States
Foundation Capital
United States
Compound VC
Box Group
United States
Struck Crypto
United States
DFJ Growth
United States
MetaStable Capital
United States
Orchid Protocol Team
Steve Waterhouse
Co-Founder
Scan QR Code to Explore more key information

Orchid Protocol

OXT

Orchid Protocol
Decentralized VPN Marketplace
orchid
Twitter
Categories:
VPN
Privacy
Ecosystem:
Ethereum
Region:
United States
Founded:
2017
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.
Orchid Protocol Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
--$5M--May 10, 2019
--$37M--Apr 21, 2018
MetaStable Capital
Box Group
Compound VC
Sequoia Capital
DFJ Growth
Blockchain Capital
Andreessen Horowitz
Seed$5M--Oct 31, 2017
Sequoia Capital
DFJ Growth
Struck Crypto
Blockchain Capital
Andreessen Horowitz
Investor
Andreessen Horowitz
United States
Fabric Ventures
Britain
Sequoia Capital
United States
Blockchain Capital
United States
Foundation Capital
United States
Compound VC
Box Group
United States
Struck Crypto
United States
DFJ Growth
United States
MetaStable Capital
United States
Orchid Protocol Team
Steve Waterhouse
Co-Founder
Powered by
Orchid Protocol
OXT
$0
+2.14%
Total dollar volume24H
$5,025,692
High24H
0.0589 USDT
Low24H
0.0561 USDT
Market Cap
#541$33,836,358
FDV
$57,200,000
Market Cap / FDV Ratio
0.59
Turnover rate
14.85%
Circulating supply
591,544,728
Total supply
1,000,000,000
Max supply
∞
All time high
1.04 USDT
All time high date
Apr 05, 2021
Down from All time high
-94.50%
Cycle low
0.0465 USDT
Cycle low date
Jun 15, 2023
Up from cycle low
23.01%
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Introduction

The Orchid Protocol organizes bandwidth sellers into a structured peer-to-peer (P2P) network termed the Orchid Market. Customers connect to the Orchid Market and pay bandwidth sellers in order to form a proxy chain to a specific resource on the Internet.


Unlike more common methods for sending and receiving data from the global Internet, proxy chains in the Orchid Market naturally separate information about the source of data from information about its destination; no single relay or proxy holds both pieces of information, or knows the identity of someone who does. The structure of the Orchid Market further supports this separation of information by providing strong resistance against collusion attacks – the ability of a group of bandwidth sellers to overcome this separation of knowledge.


The Internet was originally an open platform where people could freely learn and communicate. Unfortunately, as the Internet grew it became a place where people could be monitored, controlled, and censored. We're building a new civil contract around a distributed marketplace for computation, storage, and bandwidth to provide the framework for a new form of digital citizenship.


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