Token: OCT (ERC20 Token)

Token price: ($0.50 or $0.70) *

Hard cap: USD 120mn Dollars

Total supply: 1 Billion token

NO ICO: No ICO will be conducted only Private sale. If you’re interested and an accredited investor you should contact the team directly.

*Token Price will depend on Vesting Schedule:

• $0.50, in which case the Tokens shall be subject to the 18- Month Vesting Schedule; or

• $0.70, in which case the Tokens shall be subject to the One- Year Vesting Schedule, in each case as shall be set forth and further described in the SAFT.

PROJECT OVERVIEW:

Orchid Labs is creating an open source protocol to end surveillance and censorship on the Internet.

Orchid enables a world where users own the Internet and anyone can be rewarded for contributing Internet resources including bandwidth, computing, and data storage.

The orchid protocol is an open-source overlay network that runs on top of the Internet. It’s fully decentralized, because rather than traffic being routed through central authorities — your ISP or your VPN — it’s instead routed randomly through a network of bandwidth contributors who sign-up to share their surplus bandwidth and activate their Internet-connected device as a “node.”

Users that want to access an uncensored Internet (bandwidth consumers) pay the bandwidth contributors in Orchid tokens through a peer-to-peer exchange. Because neither the traffic nor the payments can be monitored by central authorities, both contributors and consumers of bandwidth enjoy a fully anonymous, surveillance-free experience.

TOKEN UTILITY:

The Orchid Token (OCT) is used for payments within the Orchid Network. The Orchid Token is a new, Ethereum-based, ERC20-compatible, fixed-supply tokens.

TEAM, ADVISORS AND VC:

Team: (Strong Team)

Steve Waterhouse: Partner at Pantera Capital for almost 3 years.

Brian J Fox: Co-Founder, and CTO of Vworldc for 4 years.

Stephen Bell: Managing director at Trilogy for 9 years.

Gustav Simonsson: Core developer at Ethereum with focus on blockchain security and the Golang client during the beginning of Ethereum: https://github.com/Gustav-Simonsson

Advisors: (Strong)

Gavin Wood, Founder & CTO at Parity Technologies; Ethereum co founder / CTO

Dr. Dan Boneh: Professor and head of Cryptography at Stanford University’s Computer Science Department.

VC: (Very Strong Investors)

The company has raised $4.7M seed SAFT (Simple Agreement for Future Tokens) from investors including Sequoia, Andreessen Horowitz, DFJ, PolyChain Capital, Metastable, Blockchain Capital, Crunchfund, Struck Capital.

As on April 4,2018 the company has raised $45 million dollars as informed by Steve -CEO, Orchid Labs.