Mysterium aims to build a decentralized VPN Dapp powered by ethereum smart contracts. The Dapp would serve as a peer-to-peer marketplace connecting VPN providers (users who contribute computing resources to the network) with VPN consumers. Once mature, the Mysterium network would also act as an Infrastructure as a Service provider, allowing them to sell network resources to third party developers.
Data traveling over the network would be broken down into very small parts called “atoms”, hashed and then finally reconstructed at an exit node. This would make tracking data back to it’s source extremely difficult.
What is the token being sold?
The Mysterium team is holding a pre-sale of the Mysterium token which will act as the means of payment for services over the network.
What are the sale terms?
Participants in the pre-sale will get a 500% bonus on their pre-sale investment when Mysterium holds their first ICO in the Spring of 2017.
The pre-sale had a 6,000 ETH funding cap, which they reached in less than 24 hours.
What is the project status?
The project is in an early stage. The Mysterium team is looking for funds to bootstrap their team for 4-5 months while they develop prototype apps and prepare for the launch of their ICO.
Who is the team behind the project?
CEO Robertas Višinskis has about a decade of experience managing internet tech startups. You can read more about the development team on the Mysterium homepage.