Today, Orchid, the decentralized, crypto-powered VPN, announced new, lower pricing by leveraging the xDai blockchain to avoid Ethereum gas fees. As a result, users can use the VPN service for as little as $1 using a simple in-app purchase. With Orchid’s iOS and macOS app, users simply buy VPN credits for $1, $5 or $20, which is then turned into a XDAI-backed account. Once the user’s VPN is active, users are only charged for the bandwidth run through the VPN, with no recurring monthly or annual subscription fee, in stark contrast to other VPN offerings. The current market rate for Orchid service is only $0.06 per GB or roughly 16GB per $1.
Orchid built an innovative payments system called probabilistic nanopayments that allow for tiny amounts of money — thousandths of a penny in crypto — to be sent between parties. This capability makes it possible for users to pay based on usage alone — a feature unique among VPN services, which fixes a pain point for a major group of users where an all you can eat subscription model doesn’t make sense. Orchid is also the first blockchain-based consumer application to allow users to set up accounts through in-app purchases (IAPs). IAPs allow people to set up Orchid accounts and use the service with nothing more than an ordinary credit card. Simply open the app and to get started for as little as $1.
Affordability and flexibility will both be key for digital privacy in the years ahead. The VPN market is growing rapidly across the globe, particularly in developing countries, and it’s essential that people have access to a service that meets their needs where they are, on their terms. To protect user privacy, the Orchid Network brings together technical innovations to provide strong privacy, ample bandwidth and flexibility, and now has the lowest cost of any open-source VPN provider. In doing so, we hope to make it easier than ever for more people to reclaim the Internet as a place of open exploration.
Download the Orchid app today to start exploring the Internet freely.
Tribe Property Technologies Begins Trading On The TSX Venture Exchange
Posted in Commentary with tags Tribe on March 25, 2021 by itnerdTribe Property Technologies who are one of Canada’s fastest growing property technology companies, is pleased to announce it has commenced trading on the TSX Venture Exchange under the symbol “TRBE” effective today. Tribe simplifies residential community living through the delivery of tech-enabled community management products and services. It aims to capture an increasing share of the estimated $125 billion in payments that are collected and contributed by homeowners in communities across North America every year.
Tribe’s public debut marks the next stage of its ambitious growth plans, focused on bringing digital transformation and innovation to the fragmented and largely paper-based property management sector that has seen little change in decades.
Tribe’s public listing follows quickly on the back of the Company’s successful acquisition of Gateway Property Management Corp. in December 2020. This acquisition further consolidates Tribe’s position in the condo management sector in British Columbia, while expanding its footprint across Canada into Ontario and Alberta. It also boosts the Company’s presence in the rental management sector.
About Tribe Property Technologies:
Tribe is a property technology company that is disrupting the traditional property management industry. As a rapidly growing tech-forward property management company, Tribe’s integrated service-technology delivery model serves the needs of a much wider variety of stakeholders than traditional service providers. Tribe seeks to acquire highly accretive targets in the fragmented North American property management industry and transform these businesses through streamlining and digitization of operations. Tribe’s platform decreases customer acquisition costs, increases retention and allows for the addition of value-added products and services through the platform. Visit tribetech.com for more information.
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