Oyster Pearl Is The Evolution To Monetizing Websites Using Blockchain Technology

Written by cryptoresearch | Published 2017/12/20
Tech Story Tags: blockchain | cryptocurrency | ico | bitcoin | ethereum

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About Oyster Pearl:

Oyster Pearl is introducing a radical new solution designed to grant website owners a new revenue stream to any website by adding one line of code, instead of relying on advertising to monetize their website. Using blockchain technology visitors to websites will contribute a portion of their CPU and GPU power to allow users’ files to be stored on a decentralized and anonymous ledger.

By embedding a single line of code onto a website, the website owners can preserve the integrity of their site without distracting advertisements and still monetize their site the more traffic they generate. All files uploaded via Oyster are stored on the IOTA Tangle. Nodes running on the Oyster Protocol ensures all data is protected by performing Proof of Work.

The Proof of Work retains all data, and by using the Smart Contract technology of the Ethereum blockchain Oyster Pearls (the tokens) are produced. In turn Oyster Web Nodes perform Proof of Work to search for embedded Pearls on the Tangle which will deliver user data to the Tangle.

No personal information such as usernames,or passwords are ever compromised. Instead data is assigned a unique handle that acts as a seed and can only be accessed with the handle. Everything can be kept private using mixer contracts on the Ethereum Blockchain.

The Oyster Protocol is open source, extendable, and auditable and enables decentralized applications to be built such as decentralized telephone calling. No permission will be needed to develop apps from a central figurehead.

No reserve is required for the Oyster Pearls as their value is intrinsically tied to the market value of storage prices.

Oyster Pearls provide an innovative storage solution for users to protect their data, while simultaneously providing website owners a new way to monetize their sites while keeping out of the Ads vs. Ad Blockers wars.

Find out more about the project: https://oyster.ws/

Join their Telegram community here: https://t.me/oysterprotocol

CoinMarketCap URL : https://coinmarketcap.com/currencies/oyster-pearl/

Oyster Pearl (PRL) DYOR Useful Information:

Total Supply : 108,592,692 PRL

Circulating Supply : 31,823,026 PRL

Market Cap : $1,312,047 USD

White Paper : https://oyster.ws/OysterWhitepaper.pdf

Social Media Information :

Twitter

URL : https://twitter.com/OysterProtocol

Followers : 4,569 Followers

Telegram

URL : https://t.me/oysterprotocol

Users : 2,836 Member

Medium

URL : https://medium.com/oysterprotocol

GitHub

URL : https://github.com/oysterprotocol

How Many Updates In The Last 7 Days : 1 Update

Team Information :

Name : Bruno Block

Title : Protocol Designer & Lead Developer

Name : Taylor French

Title : Senior Software Engineer & Design Director

LinkedIn : https://www.linkedin.com/in/taylorfrench93

Extra Links : https://github.com/tfrench93

Name : Ian Seyer

Title : Software Architect & Engineer

LinkedIn : https://www.linkedin.com/in/ian-seyer-96a6907

Extra Links : https://github.com/ianseyer


Published by HackerNoon on 2017/12/20