Mysterium

Mysterium

Mysterium Network is a fast and scalable transport security layer aiming to build a P2P decentralised network.

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DateInvestorsAmountRound

$14.0m

ICO
Total Funding000k
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Mysterium Network, developed by Blockdev AG, operates in the decentralized internet space, providing a VPN service that ensures anonymous and borderless access to the web. The company serves privacy-conscious individuals and entities who require secure and unrestricted internet access. Mysterium Network leverages blockchain technology to create a peer-to-peer (P2P) network, allowing users to share their internet connections in exchange for cryptocurrency. This model not only decentralizes the internet but also incentivizes participants through a token-based economy.

The market Mysterium operates in includes cybersecurity, blockchain, and internet privacy sectors. Its business model revolves around the sale of its native cryptocurrency, which users need to participate in the network. Revenue is generated through transaction fees and the sale of tokens during initial coin offerings (ICOs) and subsequent trading on cryptocurrency exchanges.

Mysterium Network's ecosystem includes a suite of protocols, APIs, SDKs, and a node network, making it easy for developers to integrate its services. The company has also integrated the Polygon network to ensure fast and inexpensive P2P transactions. Additionally, hardware like the Avado box is available to facilitate easy node operation, making it accessible even for non-technical users.

The company aims to build a future where internet access is free from censorship and surveillance, aligning with its mission to make the web blind to borders.

Keywords: Decentralized VPN, Blockchain, P2P Transactions, Internet Privacy, Cryptocurrency, Node Network, Cybersecurity, Token Economy, Polygon Integration, Avado Box.

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