Oyster Protocol, a new website monetization and distributed storage solution built on the IOTA and Ethereum blockchains, today announced an Airdrop for its Oyster Shell token (Ticker: SHL) on April 13, 2018. Shell tokens are used to pay for connectivity and Dapp operation across the Oyster meshnet, and will eventually be used to access the decentralized web by bypassing ISPs. Shell tokens will be distributed via Airdrop to PRL holders, and will not be offered in a token sale. When websites install Oyster code to monetize, they will earn PRL and SHL.
“Political pressure from giant corporations like Facebook, Google, and ISPs are ruining the Internet for the common individual,” said Oyster CEO who goes under the pseudonym Bruno Block. “Oyster Shell circumvents this control by creating a distributed meshnet. As more people join the network via IOTA, the Oyster Protocol will act as a massive organic supercomputer, removing the need for the centralized infrastructures.”
Reddit discussions abound about the mysterious “Block” and why he prefers to stay anonymous. Crowdfund Insider awaits comments from Oyster for more information regarding this now uncharacteristic anonymity and funding.
The remaining key team members, including CFO Bill Cordes and CTO Alex Firmani, are clearly listed on the platform. KuCoin will be participating in the Oyster SHL Airdrop, allowing those storing their PRL on a KuCoin wallet to receive SHL at a 1:1 ratio without having to move their assets to an external wallet. KuCoin will be the only exchange where you can keep PRL and still receive the SHL Airdrop.
The Oyster Protocol aims to reset the assumptions of the current internet paradigm with a new, comprehensive platform. Based off the storage, retention, and retrieval of static data, the core Oyster network creates a latency-optimized meshnet of nodes, creating an ideal environment for decentralized communications.
The Oyster Protocol and SHL token allows users to access the the internet at a fraction of the cost, completely anonymously, and from any global location; away from the prying eyes of politically motivated establishments. Shell enables efficient, encrypted, internet access and peer-to-peer communication between any two endpoints that participate in the meshnet. PRL tokens are listed on KuCoin, EtherDelta, Cryptopia and CoinExchange. To read the white paper, click here.
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