Orchid Protocol

Orchid ProtocolOXT

Decentralized VPN Marketplace

$0.05885

+0.51%
Orchid
Orchid
@Orchid
Followers113.05 K
Following35
Influence Index724

Details

24h High$0.06719
24h Trading Volume$2.08M
All-Time High(ATH)$1.02
All-Time Low (ATL)$0.04665
Market Cap / Fully Diluted Valuation
+59.15%
Fully Diluted Valuation (FDV)
$34.81M
24h Low$0.05782
Market Cap
$58.85M
Circulating Supply
$591.54M
Total Supply
1.00B OXT
Max Supply
Market SentimentPositive
Supported Exchanges
gate+22

About Orchid Protocol

Founded

2017

Address

United States

Ecosystem

Community

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.

Team Members

Steve Waterhouse
Steve WaterhouseCo-Founder

Investors

Andreessen HorowitzAndreessen Horowitz
Blockchain CapitalBlockchain Capital
Sequoia CapitalSequoia Capital
Box GroupBox Group
DFJ GrowthDFJ Growth
MetaStable CapitalMetaStable Capital
Compound VCCompound VC
Struck CryptoStruck Crypto
Y
Yes VC

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
$5.00M
--
2019-05-09
--
--
$36.10M
--
2018-04-20
Andreessen HorowitzAndreessen Horowitz
Blockchain CapitalBlockchain Capital
+ 6
Seed
$4.70M
--
2017-10-30
Andreessen HorowitzAndreessen Horowitz
Sequoia CapitalSequoia Capital
+ 3