Internxt - Welcome To A New Internet

This cryptocurrency and project will revolutionize cloud file storing forever. "Internxt is creating decentralized internet services that are mass-market attractive". 

A couple of months ago i found out about this new project called Internxt. Much like StoreJ they provide decentralized cloud storage. It's "a distributed cloud with the world's most advanced encryption technologies" available to everyone. But there's something different about this, something that really makes me think about the success about this coin.

Difference between Internxt and other cloud storing services

Internxt offers cloud storing with their project called XCloud, which isn't something new. Services like Dropbox, ICloud or Google Drive already use this technology. But what these services are providing isn't truly secure and reliable. Because their cloud storing service isn't decentralized the companies who own these usually have access to your files and are often saved on one single server provided by the companies themselves. Here's where Internxt comes to the rescue. They provide a decentralized storing platform. This means that the files you save will be encrypted and replicated, and then distribute them to all the machines connected to their P2P network. This means that it will be almost impossible for hackers to access your files, as they would need to have to access thousands of different machines instead of just one server. In other words, this is truly secure.

Why Internxt Has Such Huge Potential

Behind the Internxt and XCloud project hides a great team who is really passionate and serious about their work. Their CEO "Fran Segarra" is a young guy who really puts down time and effort in his company. He's also nominated for Forbes 30 under 30 2018. The rest of the team works really hard to get this out as fast as possible with the highest possible quality. 

But there's one thing that really gets me to open my eyes to their coin. It's the total supply of tokens. Right now there are 629,610 INXT circulating tokens, and the Internxt team stated themselves that this is the total supply of tokens and there will never be any more created. That means we have an incredibly low supply of tokens. And the tokens themselves are now valued at 3,9$ each, which brings us to a market cap of $2 468 535.

If we then look at a competitor to Internxt named StoreJ, we can see their market cap is at around $100,000,000. If Internxt were to get to the same level as StoreJ, which is highly possible, their coin would be valued at around 150$. 

Summary

From what i can tell, this coin has great potentials to become a success. Their XCloud project hasn't been released yet, and still the coin is floating around at more than 3,5$. Who knows what might happen when they actually have a product. Do your own research and think about investing in this, because this might just be the next big thing. The world needs a service like this. We want security, and decentralization is the answer to the problem we have.

Do yourself a favor and check out their website for more information.

Internxt Website: https://internxt.io/

Internxt Twitter: https://twitter.com/internxt_io

Coinmarketcap: https://coinmarketcap.com/currencies/internxt/

Thank you for reading, @lillieskold