http://oyster.wsExchanges: Kucoin, CoinExchange, EtherDelta
Rumored Exchanges: Binance
Marketcap: 40M
Circulating Supply: 62M
Total Supply: 108M
Current Price: $0.57
Testnet Launch: Late January 2018
My Projected Prices:February: $6
- Testnet is released
March: $9
- Bigger exchange
May:$14
- Mainnet is released
October: $17
- Mass Adoption by websites and javascript applications
My Thoughts: Oyster is a very interesting project that has amazing tech behind it. It has one of the most active teams in crypto and one of the most active telegram channels. Bruno works on this project 16 hours among with other team members, trying to get a testnet out for you guys. At only a 40M Marketcap, you can easily achieve 20x gains on this coin. The tech behind this project is easily a 200M to 1B Marketcap project. Which puts Oyster at a bare minimum $2.85 floor and a $14.25 ceiling. The coin is currently in a dip down to 57 cents, from its 87 cent high. Very good time to buy as big investors are trying to suppress the price. I really believe in this coins tech and it's low market cap and limited supply is like a gold mine waiting to happen. Please do your own research on the coin and see if it's the right investment for you.
My Video:https://www.youtube.com/watch?v=Fa4L4dlLQlgAltcoin Buzz Video:https://www.youtube.com/watch?v=hC-niM2aYIMWhat is Oyster Protocol?
Oyster Protocol is a token which incorporates IOTA Tangle and Ethereum, aimed at addressing the current stand-off between advertisers and ad-blockers. Currently website hosts are losing revenue due to adblock, even worse, losing traffic as visitors are being forced to either turn adblock off, or pay a monthly fee for no ads — not for long. To fix the problem, oyster protocol provides a revenue stream to website owners by utilising a small portion of their visitor’s computer processing. The “work” done by the visitor’s computers is the back end “proof of work” needed to run Oysters encrypted secure data storage network.
How does Oyster Protocol work?
Lets put it like this…
John wants to store some sensitive data, he chooses to spend PRL to anonymously upload some files. The PRL is embedded in the uploaded files.
Sam decides to visit a website where Oyster Protocol is enabled, passively his CPU/GPU starts performing light proof of work to find PRL in encrypted data maps of uploaded files which are then fed back to the website host, effectively creating an entire revenue stream, cutting the need for adverts or fees.
Imagine this...
By fully adopting Oyster Protocol, Cryptocurrency exchanges could implement the code, allowing visitors to perform light proof of work in exchange for no trading fee’s. Now wouldn’t that be amazing.
To Read this full article by one of the community members at Oyster, visit this medium link:
https://medium.com/@Cryptobear/what-is-oyster-protocol-ebac8f6f0b3b