With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Honeypod, a privacy focusing device connected to your router to remove the ads and tracking systems from all over your home network while also rewarding you for browsing the web has arrived.
"Cybersecurity threats emerge every day, while older threats still linger around and wait to be exploited once again. Blockchain technology will not be the holy grail of cybersecurity, but it is a powerful tool which can help to harden systems. Blockchain plays its strengths very well; if the system which it is disrupting is a centralized system with a single point of failure. If higher transaction speeds are possible, blockchain is a technology with use cases ranging from smart grids over the Internet of Things to a globally deployed and used currency system and smart contracts.
The blockchain technology is a great example for the unrelatedness of security (at least in terms of immutability) and privacy. Whilst it is possible to design an immutable, tamper-resistant transaction, this transaction can be seen throughout all of the nodes on the network."
With that being said, Honeypod provides complete online privacy, faster internet speeds, and rewards you for browsing the web. Through the use of Honeybox, all users receive a token cryptocurrency in a shape similar to mine based on the amount of usage of their Honeypod.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is HONEYPOD?
As depicted above and as indicated on the official website of Honeypod, Honeypod is a small device that connects to our home router and controls the entire flow of information through itself, while filtering out malicious applications, various kinds of virus data, spam advertising and other nonsense that can adversely affect the operation of our devices. Thus Honeypod not only safely monitors all connections to the network, but also accelerates the processes of communication, increasing the data transfer speed at least twice.
Honeypod is a completed hardware project that is connected to your home router to remove the ads and tracking systems of all devices connected to the internet you while also authentication and payment transfer service. The view of the Internet as we know it today is built entirely around the hidden services that have the intention of tracking and monitoring a person’s every move, who they are, what they see, and who they hang out with no acknowledgment or approval. Honeypod change that not only gives you the freedom to control who and what has access to your internet connection, but also benefit you to browse the internet.
The essential component of the Honeypod is a favorable and adaptable sharp unit that is no more prominent than the range of your palm, making it pleasant to use and negligible in the room. Meanwhile, the Honeypod can’t be perceived, hacked, or ruined everything considered, which makes it progressively strong and gainful to use. In any case, the architect ensures that the Honeypod is progressively like an experience approval contraption, which checks, yet also shields your wireless from various after frameworks, advancing spam, and relationship from a couple of pariahs. Honeypod can be used as a check framework to get tokens and buy online organizations using computerized cash. There is no convincing motivation to deny your wallet each time you need to buy an organization, notwithstanding, a Honeypod is your authenticator related with your wallet or identity.
This platform has a mission to empower you to verify your web. To ensure most outrageous security, the Honeypod uses present day blockchain development, which helps settle diverse nuances of contraption undertaking at all periods of system check. The way in which it works is essential, for clearness, I propose to look at the going with layout, where a fundamental point of reference exhibits the errand of a Honeypod framework.
Honeypod gives you complete online privacy, a faster internet speed, and rewards you for browsing the web. Through the use of Honeybox, all users receive cryptocurrency tokens in a form similiar to mining based upon the amount of use of their Honeypod. Through promotional partners connected with Honeypod, users will also receive tokens. Honeypod works on every internet connected device from your mobile phone to your smart tv. One Honeypod for all of the devices in your home.
Honeypod has the ability to be utilized as an authentication system to both receive tokens and purchase online services using cryptocurrency. There will no longer be a need to pull out your wallet every time you need to purchase a service, but rather Honeypod is your authenticator connected to your wallet or identity.
How It Works
Honeypod is built to be a fully plug&play hardware system. Whether you are a novice or an expert in technology, Honeypod is intended to be simplistic giving you as much or as little configuration as you are comfortable with. Simple, easy, ready to use.
For those that wish to have complete security and anonymity of their internet connection and data packets, Honeypod is fully integrated with OpenVPN and DNSCrypt through the Honeypod dashboard.
FULL DATA MONITORING
Complete monitoring access of all data requests and 3rd parties that attempt to access your device allowing you to have real-time insight into who is blocked, how many times they have tried to access you, and on which device.
Tracking services often piggyback off of legitimate services forcing the internet user to unknowingly divulge sensitive personal information that the internet user would not have otherwise freely provided. This personal information is then often sold to other services and companies
Block unwanted mechanisms and unwanted 3rd party communications before they even enter your device. Honeypod includes an ever growing "blacklist" while enabling the ability to manage access on your own.
Honeypod works on every internet connected device from your mobile phone to your smart tv. One Honeypod for all of the devices in your home.
Tracking systems, ads, and unwanted 3rd-party services create internet lag increasing a website’s load times. Honeypod removes these "road blocks" speeding up your internet service and saving you bandwidth by up to 40%.
Through the use of Honeypod, all users receive cryptocurrency tokens in a form similiar to mining based upon the amount of use of their Honeypod. Through promotional partners connected with Honeypod, users will also receive tokens.
Unfortunately ads are becoming more and more forced upon the internet user to the point of becoming spam causing intensive bandwidth usage, long page load times, and dangerous malware attacking user devices.
Token - HNY
Type - Utility
PreICO Price - 1 HNY = 0.0375 USD
Price - 1 HNY = 0.05 USD
MVP/Prototype - Available
Platform - Stellar
Accepting - BTC, ETH, XLM
Minimum investment - 1,500 USD
Soft cap - 2,000,000 USD
Hard cap - 10,000,000 USD
Country - USA
Whitelist/KYC - KYC
Distributed in ICO - 20%
Areas of Restriction - North Korea, Republic of the Congo, Eritrea, Ethiopia, Iran, Iraq, Libya, Somalia, Serbia, Sri Lanka, South Sudan, Sudan, Syria, Trinidad and Tobago, Tunisia, Vanuatu, Yemen
November 1, 2018 - Private Sale begins.
March 2019 - Public Sale Begins
April 2019 - Distribution of Tokens; Honeybox Beta Hardware Shipment; GSM Enabled Hardware;
Honeybox Partnerships Go Live on Honeybox Devices.
May 2019 - Child/Family-lock Access Control; DNS Cache CDN File Sharing.
July 2019 - Between-device File Sharing; Wireless Router Hardware.
July 2019 - Sign-in Authentication;
October 2019 - Expansion Goal: Selling at Retail Locations.
MEET THE AMAZING TEAM
CEO Danny Christ Moonwhale Blockchain Ventures
Ketua Moonwhale Blockchain Ventures
Ohad’s Flinker Marketing
Advisor & Strategist
Lano Williams Legal Counsel
COO Moonwhale Blockchain Ventures
Alex Wild Partner Relationship
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.