Orchid (OXT) serves as the native token of Orchid, a VPN (virtual private network) powered by cryptocurrency. Introduced in December 2019, Orchid positions itself as the world’s premier incentivized, peer-to-peer privacy network. Its primary objective is to address constraints on internet freedom by leveraging cryptocurrency payments, enabling individuals to procure bandwidth from any participating provider. This process involves the utilization of probabilistic nanopayments, facilitated by OXT, an ERC-20 standard token on the Ethereum blockchain. Transactions with providers are executed off-chain, circumventing issues related to congestion and gas fees on the Ethereum network. Orchid operates on a pay-per-use model, allowing users to contribute funds solely when establishing a connection, as opposed to committing to monthly or annual subscriptions.