What is ATOR Protocol (ATOR)? Decentralized Web3 Privacy Protocol

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Bittime - ATOR Protocol is a decentralized Web3 privacy protocol that aims to provide anonymous and secure internet access to everyone. ATOR achieves this by using a decentralized network of nodes that obfuscates users' IP addresses and encrypts their data.

Uses of ATOR Tokens

ATOR is the native token of the ATOR Protocol which is used for various functions in the ecosystem, including

• Running a node: Node operators are required to stake ATOR to help secure the network and validate transactions.

• Paying fees: ATOR is used to pay network fees for services such as anonymous routing and encrypted data storage.

• Governance: ATOR holders can participate in protocol governance, including voting on proposals and validator elections.

ATOR Tokenomics

ATOR token is an ERC20 token with a fixed total supply of 100,000,000.

As of September 2023, 75% of the ATOR token supply is in circulation, and the remainder is allocated as follows:

• 10% of the supply will form a token pool that funds perpetual token rewards for relays on our network
• 15% of the supply is provided on a linear basis over 18 months, supporting the team's outreach, partnerships, development, recording and funding.
• 75% is currently in circulation, including tokens in LP pairs and exchanges.

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ATOR Market Predictions

ATOR price has experienced volatility since its launch. In 2021, the price reached a high of $0.65 USD. However, the price later fell and currently (2023-11-16) is around $0.10 USD.

Market predictions for ATOR are mixed. Some analysts believe that prices will rise in the long term due to the increasing demand for privacy on Web3 .

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Founder and Team of ATOR Protocol (ATOR)

There is very limited public information available regarding the ATOR Protocol team. There are no official sources that definitively identify the founders or team members. As of today, February 21, 2024, the ATOR Protocol's official website, social media channels and other public information do not reveal the identity of the founder or team members.

Conclusion

ATOR Protocol is an innovative Web3 privacy protocol with great potential. ATOR is an important token in the ATOR Protocol ecosystem and has the potential to provide value to its holders.

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Also Read

What is Web3 Foundation?

Web3 & Metaverse, Future Technology Trends

Web3 vs Web 3.0: Understanding the Differences & Functions

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.