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About Mysterium

The Mysterium platform is an open-source ecosystem that comprises tools, protocols, and infrastructure to liberate the internet. As mentioned in the whitepaper, the Mysterium platform aims to provide citizens in the world unrestricted access to applications and content. Mysterium is also a permission-less, peer-to-peer network that does not rely on a central authority.

Today, internet users are restricted from using applications and services due to censorship implemented by different agenda groups across the world. Also, internet and content service providers cannot examine, track, and profile the users through the internet. Users' regular internet activity and communications are merged and traded to advertisers without their consent. Due to intellectual property restrictions, some users of certain areas are denied access to content by their content providers. Moreover, there is a lack of funds for research, execution, and maintenance of tools for restoring the confidentiality of internet users. Thus, these problems created the need for the Mysterium platform that aims to build a trustless, distributed, and sustainable network that can offer open access and confidentiality to every internet user. The platform seeks to connect projects, entrepreneurs, and developers, all working on the borderless web.

In addition, the platform aims to offer users to earn cryptocurrency by trading their additional bandwidth whenever they find it suitable. There is no technical skill required for users to run a node, a computer that connects to the crypto network. Users can also connect to their homes from any place they want. Every transaction of payment contracts is preserved in a public ledger formed on the Ethereumblockchain, which makes it accessible for users to read. 

The token issued at the time of Mysterium’s creation is known as the Mysterium token, with the symbol MYST. 

MYST token is censorship resistant and seeks to support various apps and functions, securing the network from any attacks. The token holders benefit by getting a commission for every transaction on the platform, with payments being carried out in currencies apart from MYST. MYST also supports the staking mechanism in the network and enables users to pay for VPN (virtual private network) services - a private network from a public internet connection, giving users online privacy and anonymity. Users can also use MYST to pay others all over the world when they link to their IP address, rather than paying a monthly VPN subscription to unblock apps and websites.

RobertasVis and Waldz are the founders of the platform. In 2017, the idea of a decentralized VPN was born with the launch of headquarters in Switzerland. The token creation of Mysterium also took place in 2017. Later in 2021, the platform began its evolution into an ecosystem with a new aim.

Market

Australia Market Stats

Market cap

A$5.1M

Volume (24h)

A$94,064.24

Circulating supply

20.0M MYST

All time high

A$8.59

Price change (1h)

-1.33%

Price change (24h)

-3.09%

Price change (7d)

-1.87%

Australia News about Mysterium

Decrypt • Apr 29, 24

Bitcoin ETFs Expected to Launch on Australia's ASX Exchange in 2024: Report

Approval of spot Bitcoin ETFs on the ASX exchange, which accounts for the bulk of Australia's equity trading, is reportedly near.

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The Block • Apr 29, 24

EigenLayer reveals plan for token airdrop with 15% allocation to stakers

The project will allocate 15% of Eigen tokens linearly over multiple seasons to contributors in what's called a stakedrop.

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BeInCrypto • Apr 29, 24

Analysts Claim Altcoins Reached Market Bottom, Ready for New Bull Run

Prominent analysts predict a significant bull run for altcoins, emphasizing strategic investment timing and highlighting key cryptocurrencies like Optimism and Chainlink.The post Analysts Claim Altcoins Reached Market Bottom, Ready for New Bull Run appeared first on BeInCrypto.

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Blockworks • Apr 29, 24

Empire Newsletter: Custodia keeps its Fed lawsuit alive

Custodia’s battle is the latest of several crypto-centric cases that may set the tone for how the industry interacts with regulators

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Decrypt • Apr 29, 24

More Than $3 Billion in Tokens Unlock in May—Here’s What to Watch

Some of the biggest unlocks are coming from DeFi oracle provider Pyth and decentralized crypto derivatives platform Aevo.

Read more

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Loopring Protocol Blog • Apr 29, 24

Now Live: The 2024 Moody Brain (Loophead) NFT Challenges

It’s official, the 2024 Moody Brain (Loophead) NFT Challenges have kicked off! Anyone with an activated Loopring L2 address can now participate and have a chance to win the NFT prizes.✅Complete tasks to qualify✅Win a new Moody Brain (Loophead) NFT or other prizes2024 is underway and now so is our...

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Mysterium is on the decline this week.

The price of Mysterium has decreased by 1.33% in the last hour and decreased by 3.09% in the past 24 hours. Mysterium’s price has also fallen by 1.87% in the past week. The current price is A$0.25 per MYST with a 24-hour trading volume of A$94.06K. Currently, Mysterium is valued at 97.06% below its all time high of A$8.59. This all-time high was the highest price paid for Mysterium since its launch.

The current circulating supply of Mysterium is 20,033,628 MYST which means that Mysterium has as total market cap of 20,033,628.

FAQ

What is the current price of Mysterium?

We update our Mysterium to AUD currency in real-time. Get the live price of Mysterium on Coinbase.

What is the market cap of Mysterium?

The current market cap of Mysterium is A$5.07M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Mysterium?

The all-time high of Mysterium is A$8.59. This all-time high is highest price paid for Mysterium since it was launched.

What is the 24 hour trading volume of Mysterium?

Over the last 24 hours, the trading volume of Mysterium is A$94.06K.

What other assets are similar to Mysterium?

Assets that have a similar market cap to Mysterium include Drawshop Kingdom Reverse, ACENT, v.systems, and many others. To see a full list, see our comparable market cap assets.

How many Mysterium are there?

The current circulating supply of Mysterium is 20 million.

Can I buy Mysterium on Coinbase?

Yes, Mysterium is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Mysterium guide.

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