$OCTA - The Most Undervalued Projects Vol. 1 👾
This format serves to highlight single projects which I find criminally mispriced & I think will be top performers this bullrun.
The first episode features @octa_space.
General Information: 📌
OctaSpace is a scalable and fully decentralized cloud node infrastructure for distributed computing, data storage, serving, VPN, and more.
Narratives: #DePIN, #GPU & #AI (the holy trinity)
Team:
🔹 fully doxxed
🔹 10+ software developer
🔹CEO Artem Teslenko has 16 years software experience
Partnerships:
🔹$DNX | dynexcoin
🔹Cinemamotions
🔹PAC Project
Exchanges: MEXC, CoinEx, XeggeX, Coinmetro, Safetrade
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Tokenomics: 📊
🔹market cap: $36 M
🔹total supply: 48 M
🔹circulating supply: 29.5 M (51 %)
🔹staked coins: 10.2 M (‼️)
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Blockchain: 🔗
OctaSpace operates on its own native EVM-compatible blockchain, leveraging go-Ethereum technology. This blockchain employs a dual-chain system, combining Proof-of-Work (PoW) and Proof-of-Authority (PoA) consensus mechanisms.
Layer 1 (PoW):
> handles account balances, service distribution, and staking rewards.
Layer 2 (PoA):
> internal sidechain which executes transactions during charging procedures to enhance efficiency.
Facts:
🔹fair launch, no pre-mine or pre-allocation
🔹nodes: 178
🔹hashrate: 6749 Gh/s
🔹block time: 12.34 s
🔹next block reward reduction: tomorrow, 24/04/24 (‼️)
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Products: 🛠️
Unlike other projects which provide a single type of service, OctaSpace provides a comprehensive suite of services under one platform.
OctaRender: 💻
🔹native rendering solution
🔹real-time dynamic GPU scaling (‼️)
🔹multiple render engines
🔹17.000+ tasks per second (‼️)
🔹1.000+ renders done
🔹renders for Coca-Cola, Destiny 2, Rokoko, etc.
➡️ OctaRender offers unmatched rendering performance and can boast to be THE most cost efficient & capable rendering solution out there.
OctaVPN: 🛜
🔹apps for Android and iOS
🔹browser extension for chrome, firefox, microsoft
🔹available in restricted countires like China, Russia, etc.
🔹no subscription but pay-as-you-go (~ $0,012/GB)
🔹no user/payment info collected
🔹no device limit
🔹multi-protocol, multi-hop
➡️ OctaSpace has developed a cutting-edge, fully funcitoning, decentralised and easy-to-use VPN service allowing you to enjoy end to end privacy wherever you are.
OctaAI: 🧠
🔹own native AI/ML models (‼️)
🔹currently trained by researchers on the OctaAI platform
🔹features LLM's (Large Language Models)
🔹open-source
🔹AI-generative tools
🔹custom AI tools leveraging the OctaSpace node infrastructure
➡️OctaSpace is developing their own AI/ML models in their training facility to allow users to leverage the power of AI to the next level.
OctaCompute & OctaStorage: 💾
🔹decentralised, democratised marketplace
🔹rent GPU, CPU, RAM & Disk (‼️)
🔹peer-to-peer filestorage facility
🔹secure & distributed file storage
➡️ OctaSpace provides an extensive array of services, giving users the flexibility to rent resources from a diverse network of nodes located worldwide.
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Competition: 🥊
🔹$RNDR: $3.6 B market cap ➡️ 100x for Octa
🔹$AKT: $950 M market cao ➡️ 26x for Octa
🔹$OPSEC: $132 M market cap ➡️ 3.67x for Octa
🔹$BLENDR: $100 M market cap ➡️ 2.78x for Octa
OctaSpace is sitting at a significtantly lower valuation than the projects listed above, while serving a far superior and more versatile product than most. Heck, some of the listed projects don't even have any live utility yet 😬
You see where the term 'undervalued' comes from?
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Links: ♾
🔹website: https://t.co/O2lgCIk1wa
🔹project summary: https://t.co/BJrwAkStDz
🔹block explorer: https://t.co/lAryuJwdZC
🔹github: https://t.co/7G1GPKua4s
🔹medium: https://t.co/inZUngnHqY
🔹telegram: https://t.co/6M4eEyYIqb
🔹youtube: https://t.co/NxhgVrGfwL
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Personal summary statement: 🗣️
I first discovered OctaSpace at $6 M market cap and it quickly became one of my favorite projects. The team is constantly building and it shows.
This project is offering revolutionary products while remaining cost-efficient. It has positioned itself fundamentally at the forefront of all the hyped narratives of this bullrun and is bound to explode.
The more I learn about this project, the more I love it. There is no shady stuff going on, only constant building. The only thing not mindblowingly amazing is the marketing, solely because the team doesn't want to take the conventional 'pay a bunch of KOLs to shill the project approach' and yet it has gained a strong organic following.
It is a crime that this project is valued at $36 M. The rendering solution alone is worth hundreds of millions.
If you read this far and are not convinced that this is one of the most undervalued and overall best projects in the whole of crypto, I don't know what else to say.
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Other creators I respect that like OctaSpace: 🤝
🔹 @YorichiiCrypto
🔹 @OctaSpacehub
🔹 @RuggedWojak
🔹 @fitforcrypto_
🔹 @Defaultplayer13
🔹 @ZenRacc00n
🔹 @ja1405_ja
🔹 @BraverCrypto
🔹 @altcoinist
🔹 @cryptodoc_
🔹 @ParabolicPump
🔹 @leendude
🔹 @ourcryptotalk
🔹 @tombheads
🔹 @IncomeSharks
🔹 @Altsteinn
🔹 @CryptArchitect_
🔹 @phoenix_gems47
🔹 @cryptocrypti1
🔹 @TheCryptoKazi
🔹 @MariusCrypt0
This post/artwork took more hours than I'd like to admit, so feel free to support and spread the word, this project deserves more attention ❤️
mikro out ✌️