Orchid OXT

Orchid powers privacy tools including a VPN that puts users in control of their own data - all powered by their native token OXT

About Orchid

Orchid takes a new approach to digital privacy with the first peer-to-peer, incentivized privacy network facilitated by their native token. Orchid’s peer-to-peer protocol utilizes ‘OXT’ to facilitate the purchase and sale of bandwidth between users and providers. OXT is an ERC20 token and uses staking to incentivize participants in the network and to ensure network stability. On the network, anyone can buy and sell bandwidth using the Orchid digital currency (OXT). Users can browse privately and access content without being limited by their geography. With its decentralized design, multi-hop architecture, and Open Source ethos, Orchid offers users unprecedented digital privacy in a trustless context.


Why Orchid and OXT?

The core premise of the internet was an open platform where people could freely learn and communicate. Overtime the internet grew from a free and open environment into a tool where people could be monitored, controlled and censored. The antithesis to the core founding principles.

Internet users seeking refuge from censorship and control frequently turn to Virtual Private Networks (VPNs) to protect themselves online. Since 2010 VPN usage has grown more than 3,400%[1] and almost 25% of global internet users have accessed the web through a VPN each month. [2] The VPN market is forecast to reach $36 billion dollars in 2022 growing at a CAGR of 15% from 2016 to 2022 [3]. However currently available VPN software still does not provide the true freedom that users need. “Free” providers generate revenue through reselling data or sharing it with third parties, while premium paid products require personal information for billing and sign up.

Enter Orchid, a truly censorship-free alternative to the existing VPN solutions. Orchid provides a marketplace for bandwidth built on OXT. Bandwidth providers connect with users anonymously and fully decentralized to restore the founding principles of an open and free internet platform.

Orchid Deep Dive with CoinList

Token Economics


OXT has a fixed total supply of 1 billion OXT, which were all minted in December 2019

Token Allocations

50.4% - Reserves 17.3% - Seed & Advisor SAFT - October 2017 - ($5.136 million received & some awarded, $0.03 per Token) 10.8% - Founders 8.5% - SAFT II - March 2018 - ($42.618 million received. ($0.50 per Token for release from 12-18 months from December 2019) & ($0.70 per Token for release in 1 year from December 2019) 6.6% - Initial Development Group 6.4% - Team


The Orchid Labs team has deep expertise in cryptography, security, distributed systems, networks, blockchains, security, open-source, and software engineering. The team’s experience includes training from respected universities, companies, and other blockchain/software projects. Orchid Labs is led by:

Dr. Steven (SEVEN) Waterhouse, CEO
Former partner at Pantera Capital from November 2013 to August 2016. Prior to that, Dr. Waterhouse was co-founder and Chief Technology Officer of RPX (Nasdaq: RPXC) from May 2008 to August 2012 and Director/Founder of the Honeycomb product group at Sun Microsystems from January 2001 to December 2004. He holds a Ph.D. in Engineering from Cambridge University.

Brian Fox, CTO - Product
Brian is an entrepreneur and open-source advocate, was the first employee of the Free Software Foundation, and the author of the GNU Bash shell. Prior to founding Orchid Labs, Mr. Fox created Opus Logica, Inc., a venture technology firm based in Santa Barbara, California

Jay Freeman, CTO - Network
Owner and founder of SaurikIT, LLC, the developer of Cydia. Prior to that, Mr. Freeman worked as a Technology Partner at The Okori Group from 2004 until 2009. Mr. Freeman holds a Bachelor’s of Science in Creative Studies from the University of California, Santa Barbara.

More team members

Recent News
5e500e6f 15af 4029 bf02 2ff52090b62d 1650967261 5e500e6f 15af 4029 bf02 2ff52090b62d 1650967261
From Amman To Zurich, Travel Guide’s 2022 Star Award Winners
Apr 26 · Forbes · Travel has made its big comeback.
B1eb4fe5 1843 4b21 9809 a63424c49c87 1650657653 B1eb4fe5 1843 4b21 9809 a63424c49c87 1650657653
Apr 22 · PR Newswire · Halekulani and Halekulani Okinawa Featured Among the Best 500 Hotels in the World HONOLULU, April 22, 2022 /PRNewswire/ --
3656d350 759c 49a2 91ce 76a5804df18c 1650038478 3656d350 759c 49a2 91ce 76a5804df18c 1650038478
Illinois Theatre Association Hosting PIANO Fair 2022; Calling All Actors, Dancers, Musicians, Theatre Techs, Designers and Stage Managers
Apr 15 · PRWeb · The Illinois Theatre Association’s Professional Interviews, Auditions, Networking, and Opportunity Fair, The PIANO Fair, is a rebrand of the ITA’s Professional Auditions that is expanded to combine auditions for actors, dancers, and musicians with interviews for designers, technicians, and stage managers into an opportunity to audition, interview, and network with hiring professional companies and theatrical agencies.
08efc65b 4de5 4e5a 9c9b a26f1b4a7a6b 1649952066 08efc65b 4de5 4e5a 9c9b a26f1b4a7a6b 1649952066
The Fuchsia Rose 8.8-Carat Pink Diamond Fetches $6.7 Million
Apr 14 · Forbes · “The Fuchsia Rose,” an 8.82-carat fancy intense purple-pink diamond Christie's By New York standards, the Christie’s Magnificent Jewels sale held Wednesday was small, but it turned out to be successful as 68 of the 71 lots on offer sold (95.7%).
3c38ba7e bdd0 4f8c 8ad8 bf4028f9c702 1649811665 3c38ba7e bdd0 4f8c 8ad8 bf4028f9c702 1649811665
Everi Holdings Inc. Partners with Scarlet Pearl Casino Resort to Provide Casino Guests with Crypto to Cash Solution
Apr 13 · PRWeb · Everi Holdings Inc. (NYSE:EVRI) (“Everi” or “the Company”), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced its subsidiary, Everi Payments Inc., is now live with a leading solution for the liquidity of crypto currencies, B4U Financial, at the Scarlet Pearl Casino Resort on Mississippi’s Gulf Coast (“Scarlet Pearl”).