Home Ico Review Privatix Ico Review: Marketplace powered by P2P VPN Network on Blockchain

Privatix Ico Review: Marketplace powered by P2P VPN Network on Blockchain


About Privatix

Privatix is an established and profitable company that was founded by a group of experienced IT entrepreneurs and talented developers who are passionate about the freedom of the internet, online security, and the rights of individuals and businesses to privacy protection.  Privatix is also the team behind Temp-Mail.org. It has more than 200,000 daily visitors and filters out more than 10 million spam emails a day. Privatix has developed the advanced internet identity checking website Ipleak.com, and many other privacy-related services.

Basic Information

Token NamePRIX
Token Raised2,388,068 USD
Social MediaPrivatix Ico Review: Marketplace powered by P2P VPN Network on BlockchainPrivatix Ico Review: Marketplace powered by P2P VPN Network on BlockchainPrivatix Ico Review: Marketplace powered by P2P VPN Network on Blockchain
Token Price3.3 USD
Token Supply=====
Restricted countriesNo restrictions
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

Major problems facing the internet

But, as the number of users online grows, so does the level of internet censorship. In the future, most new users will likely come from countries with increasingly strict internet censorship laws; because these users often have poor internet mobile connections, they are the most vulnerable to these sometimes draconian and arbitrary laws. It is these users who are seeking effective solutions to internet restrictions. Today, one of the major problems with the internet is the denial of the network neutrality paradigm, that suggests an equal opportunity for everyone to access the world wide web. This denial will lead to the collapse of the internet as we have known it over the last 25 years. Users are not just being watched by overzealous governments and cybercriminals, their data is collected by ISPs and their basic privacy rights are routinely violated. This is happening not just in countries like China or Iran, but in Australia, Germany, and even the U.S.

The current centralized solution

Solutions for the internet censorship problem are currently available on the market. However, they come with a high price tag and are still vulnerable to ISPs control. It’s not a secret that the VPN industry is growing fast, not least of all because of the lure of the industry’s huge profit margins. As an insider, Privatix is aware of some of the major problems in the centralized VPN arena, including false statements about log-keeping policies, data selling, overcharging, unclear billing policies, and the incredible margins that are siphoned off into marketing, advertising, etc. In fact, the VPN industry doesn’t protect users’ privacy and data while the users pay a high price for VPN services only because there are no better options on the market.

New opportunities

With its huge potential to be one of the most powerful forces in the internet technologies sphere, blockchain will enable us to turn current internet privacy and security practices on its head, simultaneously be speeding up the internet. Privatix Network is a conceptual new solution that will benefit ordinary internet users, developers, and online businesses. We intend to reduce costs and margins on the VPN consumer market, eliminate the middleman and enable people to share their spare broadband connection. The company will provide a new horizon for developers to build awesome apps and services on the basis of this network, e.g. CDN, business intelligence proxy tools, anti-censorship SDKs for apps, etc. The wealth of potential applications is only limited by imagination.

The crypto-economy

PRIX will be the only crypto-currency allowed for mutual settlements. At the same time, the PRIX token itself is expected to be traded on external exchanges. Assuming there is sufficient market volume, PRIX shall be freely exchangeable for other cryptocurrencies in both directions and anytime, subject to applicable regulations and/or restrictions in the various jurisdictions. PRIX is not intended to be a digital currency, security, commodity, bond, debt instrument or any kind of financial instrument or investment carrying equivalent rights, nor are the PRIX tokens intended to represent any form of money or legal tender in any jurisdiction, nor any representation of money. Accordingly, any protections offered by applicable law in relation to the purchase, holding and/or sale of the instruments and/or investments referred to above and generally known as “securities”, should not apply to your holding or sale of PRIX tokens. PRIX tokens are intended to be digital goods, similar to downloadable software, digital music, and etc.

Proof of Concept (PoC) products

The mission is to create a decentralized and fully autonomous network on blockchain – the Privatix Network – but, hand in hand with this, one of our primary goals is to show how people can make the best use of this network and benefit from it in many different ways, including financially. For this reason, we ourselves will create a number of revolutionary PoC products, based on the Privatix Network, in order to demonstrate to entrepreneurs and developers how they can use this new platform in a number of innovative ways. Privatix, as platform pioneer, also has the potential to derive significant profits from these products by transforming several popular VPN and other markets.

Service supply

Service supply is a maximum number of concurrent Clients that Agent can serve with same SO parameters. When Agent registers his offering in PSC, he will specify service supply. Publishing service supply will allow Clients to find out if Agent still has the available supply to serve the Client according to published SO. Before state channel is created, PSC will check, if available supply still exists and keep demand and supply balanced. After the state channel was created PSC will emit an event with actual service supply, making possible for all users to filter out offerings with zero supply. If state channel is closed, service supply will be increased and users notified.

Nikita Kuznetsov – CTO AND CO-FOUNDER

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Quote This article is writing on 9 July 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258


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