Open Web Network looks like a high-risk but significantly undervalued investment. Open Web Network wants to help create Web 3.0 by allowing anyone to host websites in a decentralized, open source network. Open Web token or OWT is running on Ethereum.
Open Web Network has a pretty straightforward marketing plan and plans to focus on Domain Registration using OWT, publishing websites using OWT, the host registration fee will also need to be paid in OWT tokens giving this token a lot of use cases from the beginning.
This token also makes it easy to earn, spend, and stake tokens on their network. You will be able to earn tokens when you host content on OWT, spend tokens when you want to consume content on the chain, and you will be able to support trusted host sites by staking tokens on hosting sites and being able to earn staking rewards.
The real value of Open Web Network is that you can use decentralized DNS in order to book or transfer domains. Most website servers are still controlled by a central authority that can be shut down.
Open Web Network aims to build resilient websites which are hosted on distributed computers globally and a censorship resistant.
Further, Open Web Network has already integrated with Brave browse: Open Web Network Medium
Open Web Network has also very recently had a listing proposal to be on Binance's DEX, and in my opinion they have a pretty good chance of being accepted due to a very unique project
Website: https://openweb.network/
OWT is currently listed on Coingecko: https://www.coingecko.com/en/coins/openweb-token
Open Web Network is a strong project that has definitely not reached it's full potential yet. I believe OWT is an undervalued project that has some strong use cases.
The main disadvantage I see to this project is that the founders or team behind this project appear to be anonymous so that could be a little bit of a red flag from an investment standpoint. I believe OWT will get more attention soon especially since they have a strong use case and a pending application to the Binance DEX which is likely to get approved.
This is not financial advice, please do your own research. I believe this project is a big risk because of the current low trade volume, but there is a potentially big upside as well.
Twitter: https://twitter.com/openweb_network
Didn't substratum want to do the same thing and then it sorta fell apart? I do think web hosting and cloud computing are huge markets for crypto to start disrupting, these companies are making insane amounts of money with these services with no alternative in sight
Yeah, Substratum had a lot of momentum and lost nearly all of it. I’m not sure it’s a dead project, but it’s a high-risk investment. OWT is also a risky project because they don’t have any mass adoption yet.
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