क्रिप्टोकरेंसी:  8,294मार्केट:  32,374मार्केट कैप:  $1,003,047,232,46124 घंटे का आयतन:  $148,021,046,742BTC प्रभाव:  64.9%
The Earn campaign for Orchid (OXT) is currently live! Please check for more details at https://coinmarketcap.com/earn/project/orchid.
OXT

OrchidOXT

Rank #124
Token
On 20,077 watchlists

Orchid मूल्य (OXT)

$0.2958
3.17%

0.000008395 BTC

0.0002212 ETH

निम्न:$0.2801
उच्च:$0.3041
24 घंटे
OXT  Orchid OXTPrice: $0.2958 3.17%
मार्केट कैप
$108,740,972
3.17%
Fully Diluted Market Cap
- -
आयतन
24 घंटे
$15,257,333
26.49%
परिचालित आपूर्ति
367,584,352 OXT
कुल आपूर्ति
1,000,000,000

Orchid Chart

 

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Orchid के बारे में

What Is Orchid (OXT)?

Orchid (OXT) is the native token of Orchid, a cryptocurrency-powered virtual private network (VPN).

Launched in December 2019, Orchid describes itself as the world’s first incentivized, peer-to-peer privacy network.

Its aim is to overcome internet freedom limitations by using cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. This is done using so-called probabilistic nanopayments, which occur using OXT, an ERC-20 standard token on Ethereum.

Regular payments to providers occur off-chain, allowing Orchid to avoid problems with congestion and gas fees on the Ethereum network.

The service is pay-per-use, meaning that users only have to contribute funds when they actually connect, instead of paying monthly or annual fees.

Who Are the Founders of Orchid?

Orchid’s four co-founders come from the blockchain and financial spheres. They are Dr. Steven Waterhouse as CEO, Jay Freeman, Brian J. Fox and Gustav Simonsson.

Waterhouse is a well-known figure within cryptocurrency, having also co-founded venture capital outfit Pantera Capital, which is responsible for investing in some of the industry’s most popular companies.

Freeman is the creator of Cydia, an alternative Apple App Store for jailbroken Apple devices and currently used by around 30 million jailbroken Apple products.

Fox is responsible for the creation of United States bank Wells Fargo’s first interactive online banking system in the mid 1990s.

Simonsson, meanwhile, is one of the Ethereum network’s core security developers, helping with its original launch in 2015.

According to official literature, Waterhouse became alerted to the need for internet privacy improvements after becoming the victim of a SIM-swap attack, and began researching VPN technology.

What Makes Orchid Unique?

The main idea behind Orchid is the use of blockchain technology to enhance the existing VPN experience.

Using cryptocurrency-based probabilistic nanopayments, users can benefit from anonymous VPN usage which does not rely on a centralized server and the risks associated with a particular country’s infrastructure.

As a freely-exchangeable ERC-20 token, OXT also provides a trading incentive to own and increase network value for owners.

A separate feature allows users to purchase so-called “Orchid credits” with fiat currency. In this instance, OXT cannot be withdrawn and converted elsewhere, only spent with network providers. This is designed to appeal to those who do not wish to transact in cryptocurrency.

The appeal of Orchid, however, is not just among cryptocurrency users. Developers highlight a growing trend for internet freedom in the face of mounting geopolitical tensions and local restrictions.

Web 3.0 technology is used to provide some semblance of an open internet, as it was conceived when consumer access began to go mainstream in the early 1990s.

Learn more about Mysterium here.

New to cryptocurrency? Check out everything you need to know with CoinMarketCap’s educational resources here.

How Many Orchid (OXT) Coins Are There In Circulation?

OXT has a supply of 1,000,000,000 (1 billion) units. There is no inflation, but the possibility for deflation is maintained by possible token burns of OXT as part of regular network function.

Of the total supply, 51.13% are earmarked for network incentives (held in the Orchid Treasury) and other purposes. 17.3% went to investors as part of the seed Simple Agreement for Future Tokens (SAFT), 4.49% for SAFT 2a and 3.38% in SAFT 2b.

The remaining tokens will be distributed among four development teams. Multiple vesting schedules are in place, depending on the purpose and destination of the tokens.

How Is the Orchid Network Secured?

OXT is an ERC-20 standard token on Ethereum, and security risks revolve mainly around an attacker’s ability to harvest user data from Orchid itself.

Given that very little information is contained in the platform’s smart contracts used for payments, the weak links in the chain mostly lie with the user. As developers note, involving third parties in token purchases to use Orchid — for example, major exchanges — could ultimately lead to an attacker learning a user’s identity by tracing transactions to their exchange wallet.

Where Can You Buy Orchid (OXT)?

OXT is freely tradeable on major exchanges such as Binance, Kraken and Coinbase Pro, with cryptocurrency, stablecoin and fiat pairs available.

To learn more about how to purchase Bitcoin (BTC) and other cryptocurrencies, take a look here to get acquainted with the options."

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OXT Price Statistics

Orchid मूल्य आज
Orchid मूल्य$0.2958
Price Change24h$-0.009375

3.17%

24h Low / 24h High
$0.2801 /
$0.3041
Trading Volume24h$15,257,333.07

26.49%

Market Dominance0.01%
Market Rank#124
Orchid Market Cap
मार्केट कैप$108,740,972.24

3.17%

Fully Diluted Market Capकोई आकड़ा उपलब्ध नहीं है
Orchid कीमत कल
Yesterday's Low / High
$0.2932 /
$0.3285
कल का खुला/बंद
$0.3186 /
$0.2942
कल का बदलाव

7.64%

कल का आयतन$19,391,165.33
Orchid मूल्य इतिहास
7d Low / 7d High
$0.2490 /
$0.3354
30d Low / 30d High
$0.2120 /
$0.3354
90d Low / 90d High
$0.1960 /
$0.3852
52 Week Low / 52 Week High
$0.1059 /
$0.9434
सबसे उच्च स्तर पर
Aug 16, 2020 (5 months ago)
$0.9437

68.65%

सबसे कम स्तर पर
Mar 13, 2020 (10 months ago)
$0.1059

179.34%

Orchid ROI

18.64%

Orchid आपूर्ति
परिचालित आपूर्ति367,584,352 OXT
कुल आपूर्ति1,000,000,000 OXT
कुल आपूर्तिकोई आकड़ा उपलब्ध नहीं है

Orchid मार्केट

#

स्रोत

Pairs

मूल्य

आयतन

Volume %

Liquidity

Confidence

अपडेट
No Data