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Information about Orchid (OXT)
Orchid is a decentralized platform running on the Ethereum Blockchain network that provides a Virtual Private Network service that connects users and bandwidth providers. Orchid is designed to be a decentralized marketplace for VPN services, allowing users to access the Internet safely and securely.
To solve the problems most Internet users face, the Orchid development team launched Orchid Market, a peer-to-peer network with a P2P architecture that allows users to buy bandwidth from bandwidth providers with OXT tokens. Bandwidth providers act as VPNs, allowing users to access the Internet most securely and anonymously while preventing the VPN provider from collecting user information.
Orchid Token (OXT) is a utility token of the Orchid ecosystem, operating on the Ethereum platform according to ERC20 standards and used for the following purposes:
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