Orchid Network (OXT)

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 Basics

"Orchid (OXT), an Ethereum (ERC-20) compliant token, is used to pay for services on the Orchid network, a decentralized, peer-to-peer marketplace for virtual private network (VPN) providers."

History

Token

Launch

Token allocation

  • From CoinDesk (14-9-2020):

"The total supply of OXT tokens is fixed at 1 billion (minus any that may be burned). However, the circulating supply of OXT is difficult to estimate at any given time as tokens are released into the market at frequent intervals but in irregular amounts."

Utility

  • From CoinDesk (14-9-2020):

"Orchid users purchase bandwidth with OXT and node providers receive OXT as rewards for supplying bandwidth. Anyone can become a node or bandwidth provider by staking OXT. "

Token Details

Stablecoin

Tech

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

"Nodes are randomly selected based on the amount of OXT they have staked and by user-selected parameters such as price and location. Orchid gives users control of their privacy by restricting a website from seeing their IP address and physical location."

Staking

Interoperability

Other Details

Privacy Method

Oracle Method

Their Other Projects

DEX

Governance

DAO

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs

Usage

Projects that use or built on it

Competition

Coin Distribution

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

Partners