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The Internet opened up an unlimited world of information. Its creators invited us to bring our curiosity and explore that world freely.
As the Internet grew, exploring freely became harder. Web 2.0 business models incentivized companies to watch and track us and sell our data. And in some places, limits were placed on the information we can see.
But that is changing. The decentralized Web 3.0 being built on Ethereum is allowing the Internet to be reclaimed by its users.
At Orchid we share in this mission. We use Web 3.0 technology to offer users better digital privacy today, so we can realize the promise of the Web 1.0 and explore freely again.
Orchid was founded in 2017 to help restore the open and accessible Internet for everyone. Since then, we have grown an incredible team based in San Francisco and Berlin and launched the first incentivized, peer-to-peer privacy network in December, 2019.
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
I’ve gotten less and less bullish on it, just based on the market and how much they’re raising.
3-May. It is High on our website, but there will not be public sale. It is project for accredited Investors and Funds, like Telegram. We skip such projects.
This is a early-stage project, which already looks very promising due to bright ideas and an all-star team. Major VC funds have already invested in the seed-round, because the project is going to disrupt the multi-billion VPN industry.
By introducing tokenized incentives, the bandwidth supply problem (Tor’s key competitor problem) will be solved; however, it is not clear from Orchid’s whitepaper how use of the protocol will spread among mainstream customers considering their limited access to internet. Our score will be updated following the public beta and the release of the relevant token metrics.
UPDATE: Orchid Labs is planning to raise $125 million in a SAFT sale, we have downgraded the score to 6 out of 10 because we are disappointed with the amount of money the project is raising, although we will follow future development of the project.
