What is Opacity (OPCT)?
Opacity is a cloud storage platform that uses the blockchain to provide privacy for users. The project provides private cloud storage to anyone through the native token, OPCT. You can purchase an Opacity token on a crypto exchange and use it to purchase a data storage plan. OPCT price is shown on the above live chart.
Opacity storage is completely private, and only accessible through private keys. Private keys are non-custodial, held by the owner, and not Opacity. Therefore, no one else can access data stored in Opacity apart from the owner, who makes and saves the file.
Unlike conventional cloud storage providers, Opacity does not ask for users' personal information. Therefore, they remain anonymous. Opacity’s high level of privacy makes it suitable for storing sensitive data. Users of the product can store company secrets, intellectual property, legal documents, and even family moments. Opacity supports various types of items such as photos, videos, music, enterprise data, and bank and legal documents.
You can share the file privately or publicly. Other features of Opacity include:
- It uses Zero-Knowledge proofs, making it 100% private.
- The Opacity API enables developers to easily and quickly launch their own dApps. Developers can earn OPCT coins from users of their expanded platform.
- Larger enterprises can easily integrate Opacity’s services into their existing systems.
- Opacity provides earning opportunities to node operators for hosting and managing the Opacity decentralized storage system platform.
Use Cases of OPCT Tokens
OPCT is a utility token that powers Opacity Project. It facilitates payments in the Opacity ecosystem. For example, you can use the tokens to buy a data storage plan. You can also trade Opacity crypto on the exchanges. OPCT price varies frequently, making it suitable for trade. However, you should research the Opacity price to make an informed investment.
Who Founded Opacity?
Jason Coppola is the CEO and founder of Opacity network. Jason is an experienced software engineer and developer with over twenty years of experience. Opacity was launched in 2018.
Tokenomics of OPCT
Opacity tokens have a maximum supply of 130 million OPCT. The supply has been fully minted and it will not increase in the future. The fixed supply is an anti-inflationary mechanism, ensuring the OPCT price is not affected by excessive minting.
