Im talking about Internxt.. Internxt is a decentralised internet services provider, and in their first product, XCloud, you will be able to store your files, or host files of others for a monthly reward in a decentralised, end-to-end encrypted and secure network. It has been under the radar for quite a while now, I have been a long time supporter of this coin and find it extremely undervalued. I have some thoughts on this that I would like to share with you guys.
First of all, the whole concept of secure data couldn't be more of a topical issue due to the whole facebook drama, google drive and dropbox security breaches and vulnerabilities that have been hitting the news lately. People start to seek better and more secure ways of storing their personal files without the big brother eye (governments and agencies) monitoring them.
Now, thats where Internxt finds its steps and can benefit hugely from the inability or unwillingness of other services to solve their problems. This project could become a huge competitor of some of the biggest cloud service providers such as dropbox, icloud etc.
While not the first decentralised cloud service, it is the first that aims for the everyday user and non-crypto familiar user, not limiting itself to just the crypto and tech ethusiasts like sia and storj due to their complexity. Internxt will offer a simple and attractive platform, able to compete and outperform every other mainstream cloud platform.
So why is it better than Sia or StorJ on this matter? First of all, as I already explained, it will be an much easier to use platform which will allow it to be used by the average joe's, people that are unfamiliar with cryptocurrencies that want a more secure way of storing their files. But it has another trick up its sleeves for mass adoption. Costumers will be able to pay with INXT directly or indirectly. What do I mean by that? The platform will encourage users to pay using the INXT token by offering discounts, but wont force them to go to an exchange to buy inxt and then send them over to pay for the cloud storage. Instead, they can choose to pay in INXT or fiat money for the service, and those fiat money will be automatically converted into inxt at market price via buy orders (for example, 2 million dollars in fiat payments for the service will mean 2 million dollars in buy orders to the market from the platform itself). Fiat costumers will still be using INXT, but without their knowledge. This is necessary to ensure they reach their goal of mass adoption, cause the costumer should have that choice and not everyone wants to use or knows how to use cryptocurrencies. Demanding them to do so would be stupid and would sabotage the goal of mass adoption.
So why is this a huge opportunity for you, you might ask. Well, the coin right now has a marketcap of only 3 million dollars, it also has an extremely low supply of just 629.610 coins.. This could easily be a 1000$ coin or even more if they achieve their goals and it would only need a marketcap of just 629 million dollars to reach that price.. This is highly achievable.
The alpha version is already out for you to test, and they will release the commercial version by the end of summer. I advise you to give this coin a look, but I also advise you to do your own research before investing any money. I am not a financial advisor nor am I a crypto guru.
Thank you for reading. Good luck.