Internxt is creating an ecosystem where users can enjoy all the benefits of cloud services such as Dropbox or Google Drive, with the security and privacy they deserve. With X Cloud, files are end-to-end encrypted, split up into small bits and replicated in different nodes; and only customer stores his/her private key. X Cloud is incredibly beautiful, simple to use, redundant, fast and price-competitive.

Internxt’s token (INXT) is used as a means of payment to Hosts who participate in company’s X Core program. There are 629,000 INXT circulating. This supply is also INXT’s max supply since no more INXT will be generated. At X Core, Hosts can earn money by hosting small pieces of encrypted files. X Cloud customers pay Hosts, directly or indirectly, with INXT.

In the event that a customer decides to pay for Internxt’s services in fiat, the fiat is used to automatically purchase INXT at market price and is then sent to Hosts participating in company’s X Core program. Thus, directly or indirectly, customers require INXT to purchase Internxt’s services.

Internxt will eventually reserve a very small % (commission) from the transactions made, which will be used in improving company’s products and services. This follows a similar mechanism to the one companies like Airbnb or Uber have. INXT can currently be traded on CoinExchange, IDEX, Mercatox, and YoBit.

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Coin’s Details

  • Market Capitalization

    473 333.51

  • Volume 24H

    -10.02%

  • Blockchain

  • Circulating supply

    629 609.54

  • Total suplly

    629 609.54

  • Proof type

  • Algorithm

  • Team Location

  • First announced