Posts Tagged ‘ERC20 token’

MASQ the Web3 Decentralized Private Browser Powered by Polygon

11, Nov 2022

Here is a very interesting privacy-oriented crypto project that is currently in the works called MASQ, and it is not only a new browser that you might soon find yourself using, but a whole privacy-oriented network with a lot of potential. The MASQ web3 privacy browser operates on top of the core MASQ Node software, to allow users to experience the benefits of the mesh network privacy, while delivering the normal comforts of a typical browser – but without the bloatware, trackers, useless extensions and user analytics and most of all making everything work easy and effortless for the user.

The users are integral to supporting the network – by choosing to share their bandwidth (it is optional) they support the privacy routing for other users and earn $MASQ utility tokens respectively from peer requests across the MASQ Network. MASQ is built on Ethereum (ETH), and used with Polygon for cheap and fast transactions, the MASQ token (ERC20 token) is earned when you serve megabytes of data to other users of the platform, and spent whenever you consume data. MASQ is chain-agnostic, meaning it can in theory be expanded to use any blockchain for transactions.

Whenever a request for data is sent MASQ sends the request to someone in your immediate vicinity called Neighbourhood, your request takes a random route across the network, encrypted as a CORES package and gets routed across 3+ hops, then an exit node fetches the required content – relay nodes are paid for routing, and exit nodes are paid even more for fetching the content. So, the MASQ Network essentially allows users across the globe to interact securely across their internet connections – creating a dMeshVPN (decentralized Mesh VPN).

Do note that currently MASQ has a working desktop app that is in Beta testnet, about to open Public Beta launch groups in Q3 2022. Beta users are apparently able to access all the core features of the software, and share feedback for further improvements, and feature requests. We have applied for beta testing the MASQ browser, but are yet to actually give it a try, so unfortunately at this time we cannot share personal experience with the software, but it does look really promising for sure.

The total supply of the MASQ token is 37.5 Million with circulating supply according to CoinMarketCap at around 25.5 Million currently and the price of a single MSAQ is around $0.18 USD at the moment with the project still largely not talked about a lot… due to still being in beta and the browser not yet available to users. The total market capitalization of the project at the moment is about $4.7 Million USD according to the available data, so there is significant room for growth, especially when the browser comes out of beta. The only CEX exchange that currently has MASQ listed for trading is ProBit Global, but you can also use multiple DEXes to trade the token as well – SushiSwap, QuickSwap, OpenOcean if you are interested in obtaining some MASQ tokens now.

– For more information about the MASQ Network and their Privacy Browser project…

12 Hours Left Until The End of Giga-Watt WTT Token Sale

31, Jul 2017

There is less than a day left until the Cryptonomos platform completes the Giga Watt (WTT) token sale. You have just a bit short of 12 hours left to take part if you find this token interesting and meaningful as it already has a successful underlying service for hosting crypto currency miners and is going to expand it further with the help of the tokens. The token sale is close to the 20 million mark, though it has not yet reached it and the original goal they were aiming at was 30 million. Buying tokens at the last moment comes at a bit higher price of $1.20 USD per token, but that happens if you wait for the last moment to act. Still you have some time to act and not miss the chance of supporting the expansion of Giga-Watt’s facilities and getting some WTT tokens that can be used to host your own miners or be rented to other users that want to get a better deal on miner hosting.

– For more details about the Cryptonomos platform and the Giga Watt (WTT) Token sale…

The Cryptonomos Platform and the Giga Watt (WTT) Token

16, Jun 2017

If you have been following us for a while already you have probably noticed that we are not big fans of ICOs and we aren’t covering much of these, even though lately there is a boom of Initial Coin Offerings and it seems that pretty much everyone is releasing tokens for something. There are however some that we do mention and take part into, mostly in serious ICOs that are being pushed by entities that already have some good product or service available and have some background and not just promises that might as well turn out to be empty. Once in a while there are some that are really worth talking about and that goes not because they have generated a lot of noise or have managed to secure insane amount of funding, but because they are really something worthwhile, different, disruptive and so on. A recent such example is Brave’s Basic Attention Token (BAT) that we have covered as we’ve been following the development of the Brave browser for a while already.

According to a welche Aktien kaufen 2020 report, another interesting ICO that we think is worth talking about and taking a part in is the Giga Watt (WTT) Token that is currently ongoing and will continue until July 31st or until all of the 30 Million tokens are sold. The Giga Watt WTT token are being issued on the Ethereum blockchain like many others that we have seen recently, but what is different here than most other ICOs is the fact that the launch of the ICO is together with a whole platform to support the token (as well as other future tokens). One of the issues with Ethereum ERC20 tokens we are seeing is that normally they are not very easy for people that are not more into Ethereum to take part into… the process is just really not that easy for not so technical or “into crypto” type of people.

The WTT tokens are being distributed via the new Cryptonomos platform for token sales as well as management. The Giga Watt (WTT) Token is essentially the first token launched together with the platform for easy purchase and management of the available tokens by the user. This eliminates the need for the user to look for compatible Ethereum wallets and to do complex things in order to take part into an ICO based in a crowdsale essentially significantly lowering the requirements and removing many of the obstacles. Thanks to the Cryptonomos platform you can easily transfer Bitcoin (BTC), Ethereum (ETH) or cash via a wire transfer and use them to purchase WTT tokens, and probably other tokens in the future as well. You should be also able to transfer tokens in and out of the platform when they are abvailable just like you would do if using a compatible Ethereum wallet for interacting with smart contracts. Of course there is the other point of view regarding the use of a dedicated platform – you are not in full control of your tokens like you can with an Ethereum wallet for example where you hold the private keys for the wallet.

Let us get back to Giga Watt (the former MegaBigPower), a USA-based company offering crypto mining hardware as well as hosting for it and of course enough electricity to power it and keep it cool. The company offers also users to host their own existing miners and even an add-on paid option of emergency equipment repairs in case of an issue in order to minimize downtime. The release of the WTT token allows the token holders to gain access to Giga Watt’s facility at a lower hosting rate, which in turn significantly increases the mining rewards. Each Giga Watt Project Token (WTT) represents the right to use the Giga Watt processing center’s capacity, rent-free for 50 years, to accommodate 1 Watt’s worth of mining equipment power consumption. Token owners can use the capacity they purchase to accommodate their own miners or if they don’t own or plan to purchase any miners to take advantage of the hosting offer to just rent it out to other users. The idea that Giga Watt has is to use the token sale to be able to expand their capacity and to reward token holders that help them achieve that, so a win-win for both sides. For all the details about the Giga Watt (WTT) token and the plans of the company issuing it you should take a look at the detailed WTT token whitepaper (PDF) where everything is explained in much more details and all your questions should be answered.

– For more details about the Cryptonomos platform and the Giga Watt (WTT) Token sale…


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