Dear TOKOK users:
TOKOK will list the following trading pair:
This transaction is the futures of the Orchid Protocol. After the token is issued, it will be issued to the user account at the first time.
The specific schedule is as follows:
Opening transaction at 15:00 (UTC+8) on November 22, 2019
Introduction to Orchid Protocol
The Orchid Protocol is a decentralized, open source technology from the Internet. The Orchid Protocol is committed to ending the review and supervision of the Internet. The protocol uses an upper-layer network already existing on existing switching devices to create an inclusive and free Internet. The Orchid Protocol is a new, unreviewed, unmonitored protocol layer that allows users to bypass the firewall to access information and communicate freely.
Project sale situation:
The Orchid Agreement was launched in April 2018, with a total of 1 billion pieces, 35% (SAFT sales, 150 million tokens sold to seed investors at $0.03, and 200 million tokens sold to private pre-sale investments at $0.5 and $0.7. ), 35% (1 network incentive, 2 new 1 round or multiple rounds of SAFT sales, 3 main online lines after the company decides to allocate), 2% (early consultant), 18% (company founder), 10 % (The development of future companies is distributed to company employees and consultants, etc.)
The $0.55 token is locked for one year (calculated from the date of the main online line), releasing 50% of the token at one time, and the other 50% is released linearly for 6 months.The $0.77 token is locked for one year (calculated from the date of the main online line), and all tokens are released at one time.
The distributed VPN provider Orchid Protocol is expected to launch its application and issue its OXT tokens in the first week of December. Orchid's CEO Steven Waterhouse said in an interview that OXT tokens will be generated when the network is online, and users can use it to pay bandwidth fees to node operators. Orchid will have 5 to 10 node providers at the time of release, including from traditional VPNs. Participants in the world and new entrants from the field of encryption.
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