Bitcoin Forum
January 25, 2022, 12:08:30 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Speculation (Altcoins) / Opacity (OPCT) - Highly Undervalued Smallcap with HUGE upcoming releases on: December 03, 2021, 09:43:19 PM
**Introduction:**

I'll start off with the disclaimer that I've been invested in Opacity for a couple of years now and I wanted to share why I'm still in it and why I believe in it. It recently reached a new ATH, but I believe that it can still grow much more, especially as I'm in it for the fundamentals. I believe that online privacy is more important than ever right now with tech giants like Facebook and Google having no respect for people's privacy.

Opacity is a private and anonymous storage provider, where you don't even need an email address to set up an account and your uploaded files are encryped client-side and chunked, so that not even the Opacity team knows which files are yours or what they are. Ease of use is the other main selling point of Opacity.

**Current state:**

The most up to date and easiest way of using Opacity is by using the webapp that reached version 2.0 earlier this year and it's very user friendly.

The current downside is that Opacity is not decentralised, but Sia will be added very soon as a storage provider and as a stepping stone to full decentralisation. As a long term goal, Opacity aims to become a gateway for storage providers, including both large enterprises like Amazon's AWS to Sia's or Storj's network, with the main added benefit being the privacy and anonymity layer.

Each OPCT is currently worth 64GB, but that will change as soon as full decentralisation kicks in, since anyone running a node will be able to charge what they want for their provided storage. With decentralisation it will also be possible to stake your coins.

Due to current issues with Ethereum fees, OPCT is also available as a wrapped version on the Polygon network.
Another small, but important point is that Opacity has a hardcap of 130 million tokens with all tokens having already been distributed.

**Coming very soon:**

There is an upcoming mobile app which will be released very soon (currently in the last stages of beta testing), which is huge because it targets a much larger group.
The Sia node development is currently being worked on and should also be released soon, which means that Opacity will very soon be decentralised.

An AMA with CEO Jason Coppola that will be hosted by Polygon is scheduled for December 9th.

**Market:**

Opacity currently has a market cap of 45 million, which compared to FIL's 6 billion, leaves it with a huge amount of room for growth. How many other smallcaps with a working product are there even out there? That's one of the many reasons I believe that it's still hugely undervalued.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Private Storage Coins... and Go! on: November 11, 2021, 11:35:20 PM
What are everyones thoughts on Private Storage Coins?
I'm a big fan of Sia, but also really like a smaller project in Opacity.

Real world usage is huge for me... so would love to hear everyones thoughts
3  Alternate cryptocurrencies / Speculation (Altcoins) / Opacity Discussion! User-Friendly Private Storage on: October 30, 2021, 01:10:58 AM
Big Fan of Opacity!

Mobile App coming in November... Sia Integration, Consistent updates from the CEO, Active Community,  Very real competitor to Filecoin
and way easier to use. Plus the fact that it has a lot more potential to grow! Let's Discuss

Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!