Description
Orchid is a decentralized marketplace for AI, storage, and bandwidth that operates on a trust-free nanopayment ecosystem. This allows users to pay for services as they go, without upfront subscriptions, and switch providers easily using a stake-weighted randomized algorithm if unsatisfied. The platform's flagship product is a decentralized, pay-as-you-go VPN service that connects users to a decentralized bandwidth marketplace. Orchid Accounts can be funded with various tokens to send nanopayments for services. The native utility token, OXT, is an ERC-20 token on Ethereum used for staking, which is required to participate in the marketplace. Orchid also provides a layer 2 protocol for developers to build their own platforms, utilizing its nanopayment system.