As some of you may know - I am early investor of such reputed projects like $LUNA and $AKT. Now I'd like to present you another fundamental coin which has simmilar tokenomics in terms of generating passive income. It's $SENT which going to have it's mainnet on March 27th.
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Why I am so bullish about $SENT? It’s not only a dVPN service, but also a whole network upon which anyone can build their own VPN company. Then a great % of all payments to all node providers will be redistributed among all $SENT stakers creating a passive income for them.
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Another source of income is block inflation rewards for stakers with simmilar model to @akashnet_. After migration from ERC-20 to Cosmos all stakers are supposed to receive 49 % APR for 6 months period of time and 42 % thereafter.
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But this is still not enaugh! Existing $SENT ERC-20 token holders will have the option to receive a bonus of 400m (20% of current supply) Cosmos-based tokens upon conducting the swap and staking their tokens for a minimum of 12 consecutive months. The mainnet will be awesome! /4
Another plus of migrating to Cosmos is that @Sentinel_co will benefit from Stragate IBC upgrade. Thanks to interoperability the costumers of Sent will be able to pay for dVPN service in any crypto they want. It’s really important as VPN clients usually want to be anonymous /5
You need also to know $SENT is still far away in marketcap (top500) and before major exchange listing which is supposed to happen in near future after mainnet. Recently Sentinel onboarded also a centralised VPN company with over 5000 actively paying clinets ✍️. /6
I also appreciate that despite gathering low funds at the start of the project (which Sentinel mostly invested in development of their product), they still managed to acquire over 100k clients on Android. Now imagine what's gonna happen after launching real marketing campaign. /7
New marketing campaing will be possible thanks to raising a funding round of $3.5M led by forward-thinking institutions like Sequoia, Roger Ver A. Horowitz.
This raise will have significant impact on the growth and the momentum of the Sentinel ecosystem. Just look at this:
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It's important to note that this great funding will not affect $Sent price in nearest future as there is long vesting period (They will not release any tokens for the first year and only 12% next). This is a proof that investors really believe in @Sentinel_co long-term growth
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