Mysterium Network has raised a whopping 68,629 ETH ($14,358,975 USD) in under 45 minutes in their Initial Coin Offering (ICO) today.
Mysterium Network aims to be fully decentralized, peer to peer based and serverless VPN node network, designed to provide privacy restoring techniques to its users and financial incentivization to its node operators (providers). It will work by utilizing blockchain technology such as Ethereum, smart contracts advancing their features with state-channels and evolving mechanisms of promises, combined with censorship evasion protocols developed by the community acting as applications of the network.
Development of Mysterium Network is spread out into distinct phases starting with Phase I and Phase II. Each phase is further divided into several internal stages.
Please refer to https://mvp.mysterium.network. Ubuntu and Devian versions for Node are available to download and install.
Cost ot Mysterium services will be defined by the node operators. Since this will create a phenomenon known as ‘perfect competition’ – we expect prices to be significantly lower than of current VPN providers.