TOR fast?! What are you smoking.
Here is a post I read that sums up MYST - its great.
The project is off to a bit of a bumpy start, with the founders kind of dragging their feet on getting the token onto exchanges, but in general i'm bullish on the prospects for decentralized VPN. Again this is an application that actually makes some sense. We already have a decentralized VPN service called TOR, and it has a great deal of usage. TORs biggest problem is a lack of node operators, and slowness of the node operators that are present. Why are they slow and few? Beacuse they're not compensated. Mysterium solves that problem by allowing the node operators to be compensated for their efforts. This is a big deal, and is the sort of thing that actually appeals to the sort of people that know about cryptocurrencies. Whereas a lot of these other things rely on corporate buy in (Sia, Golem) which, to be quite honest is unlikely, Mysterium caters to a market that coincides pretty well with cryptocurrency people. For this reason, I think of all of the ICOs out there, this one is likely to achieve substantial real world adoption: it provides a service that the people who know about it actually want. It's hard to overstate how important that is. This is something I personally might actually use. For its intended purpose! Not just as an investment vehicle! That's like spotting a fucking unicorn in the cryptoverse these days.
Thanks for sharing this. It won't be difficult to imagine how much hype this sort of insta-ICO will have created. Someone who had almost 10k ETH to burn just pretended to fund themselves. I pity all the others who bought it. VERY smart way to sort of downplay the initial development team while buying it up.
NOT an application that makes sense. The minute you incentivise something like TOR, you remove the "good faith" of users.