Citadel.one i offers its users unified UX across multiple networks.
Citadel.one is the next-generation Super App thati offers its users unified UX across multiple networks.
Launched in mid-July'20, Citadel.one has grown into a mature platform with an extensive feature set and a loyal user base. Now we are ready for more! In the coming period, Citadel.one will be transformed into a DAO with an XCT governance token. Be the first to know how you can become a part of it!
February 12, 2022
The Sentinel ecosystem is a global network of autonomous dVPN applications that enable private and censorship-resistant internet access.
The purpose of the Sentinel ecosystem is to empower universal access to the internet in a trusted and provable manner. This will be done by allowing organizations and individuals around the world to construct cost-effective, scalable, distributed, and decentralized networking solutions on Sentinel’s Cosmos-based blockchain by taking advantage of decentralized consensus, open-source networking integrations, and distributed community-based node network.
The initial focus of the Sentinel ecosystem is to provide a framework for the construction of Decentralized Virtual Private Networks or dVPNs. VPN applications are used by individuals across the globe with the intent of accessing geo-restricted content by connecting to servers located in regions where their desired content is unrestricted, while at the same time ensuring the privacy of their interaction through the establishment of an encrypted connection. Whether the purpose is to access restricted content or to increase the security of their transmission of data over the internet, individuals all over the world are demanding secure, cheap and reliable VPN services.
Project Development
Sentinel was launched in 2018. In 2021 Sentinel went through its biggest development since the inception of the peer-to-peer network: the transition to the Sentinel Cosmos-based mainnet with institutional backing.
Within the coming years, the Sentinel ecosystem will consist of dozens of cross-platform dVPN applications created by 3rd party developers who assume the responsibilities of the brand strategy and marketing strategy for the application, while monetizing through traditional fiat channels and paying service providers in exchange for provably encrypted and secure bandwidth.
$DVPN
The core token utility of the Sentinel token revolves around its functions as a:
Governance and Staking token
Medium of Payment for dVPN Subscriptions
Medium of Payment for Advanced dVPN Services
Work Token
Governance and Staking Token:
The Sentinel token is essential for the security of the network, as it is the staking token for Sentinel’s Cosmos-based Hub. The Sentinel token will be used to participate in governance related decisions as a form of ‘voting power’, where the magnitude of a user’s voting power is directly correlated with the amount of tokens they hold.
Users can earn rewards in exchange for ‘delegating’ their Sentinel token to a validator and being apart of governance.
Users can host validators and earn commissions from tokens delegated to their validators. This is possible by either appealing for delegation or accumulating enough tokens to be considered eligible for the active validator set.
Medium of Payment for dVPN Subscriptions
The Sentinel token can be used to pay for a dVPN subscription, however, payment for these subscriptions is not limited to the Sentinel token
Medium of Payment for Advanced dVPN Services
Advanced services will require users to stake tokens in an escrow system, which would be used for real-time payment and would be governed by Sentinel’s bandwidth provability protocol. This structure is indigenous to the Sentinel Hub ecosystem, thus transactions will be limited to the native token.
Work Token
The Sentinel Cosmos-based token acts as a work token, thus allowing token holders staking the token to earn rewards. These rewards are generated by the node hosts who provide the bandwidth to dVPN applications built on the Sentinel framework.
About Sentinel
Sentinel is a network of independent dVPN applications, not just a single consumer-facing dVPN.
Sentinel’s goal is to offer affordable privacy and free access to the internet to everyone on the planet by creating a thriving ecosystem of autonomous dVPNs organizations with zero barriers of entry for both users and providers.
To learn more about the Sentinel project visit their official website and Twitter.
Website: sentinel.co
Twitter: twitter.com/Sentinel_co
Reddit: reddit.com/r/SENT
Telegram Community: t.me/sentinel_co
Announcements: t.me/Sentinel_Announcements
Discord: discord.com/invite/mmAA8qF
Medium: medium.com/sentinel
If you have further questions, drop us a message to support@citadel.one. You can also join our chat in telegram, there is an active discussion of all current updates, as well as round-the-clock support from our managers.
About Citadel.one
Citadel.one is a non-custodial Proof-of-Stake platform for the management and storage of crypto assets. Users can create public addresses for all supported networks with one seed phrase, connect their Ledger or Trezor device, or import an address generated by another wallet.
The analytical dashboard provides relevant information on wallets’ balances and networks’ main metrics. In Citadel.one, we standardize the semantics, making interactions with the platform as easy as possible. The same goes for network metrics. By using universal terms, we are making it easier for users to understand and compare networks.
One of the main functions of the Citadel.one platform is participation in the PoS consensus — users can stake and delegate their assets, claim rewards, and follow the latest network proposals in the voting tab.
Citadel.one offers its users instant cryptocurrency exchange services that allow fast and secure crypto assets swap. It is also possible to buy and sell crypto with a credit or debit card. Citadel.one users can track rewards, withdrawals, transfers, and deposits across all supported networks and add comments to these transactions.
Among PoS platforms, Citadel.one supports BAND network ($BAND) Secret Network ($SCRT), Cosmos ($ATOM), ICON ($ICX), IOST ($IOST), KAVA ($KAVA), BSC and Tezos ($XTZ). We also support Ethereum, Bitcoin, and Tether ($USDT) for our users’ convenience. Mobile and desktop versions, new networks, including Polkadot are scheduled for the upcoming updates. Furthermore, delving into the idea of true decentralization, we envision Citadel.one a decentralized autonomous organization and a genuinely community-owned platform in the nearest future.