Introduction

“In 2020, there were 4.1 billion internet users, 3.2 billion social media users, and 5.1 billion mobile phone users. “More than 26% of all internet users rely on VPN services.”

-Go Globe

The global community needs global connectivity. In today’s always-connected world, the power of connection can never be underestimated. Whether it be for education, communication, commerce work or leisure, a VPN is the only way to guarantee users get the connectivity they need, along with the privacy they deserve.

SpiderConnect is an organization that provides tools of security, like software and hardware for individuals or organizations. Currently, Spider Connect provides users with the tunnelling or VPN software and also has the option to order customized routers that run the privacy software within. The Spider Connect community works together to push digital freedoms and champions rights to privacy. Together we are stronger.

VPN is a safe and secure environment for business users, families, gamers and so much more. It is a safe portal for all that protects identity and champions privacy – for all the right reasons. In short, it’s all about freedom and protecting what is rightfully yours. (your Data)

Spider Connect offers a host of multi-function and Plug and Play, an easy-configuration device which introduces a whole new level beyond VPN, and brings you private, open and unrestricted access to the Internet. Spider Connect is a secure gateway protecting all of your IoT devices from online threats.

Project

Spider Connect

SpiderConnect Token

SPDR

Use Cases

Business Users

Keep all your details and business deals transactions safe and sound under the Spider Connect umbrella. Preventing outside concerns accessing your data is one obvious advantage of a VPN. It allows authorised personnel only to access sensitive information or exchange data and documents. It offers heightened security, particularly if you have numerous employees travelling around the globe.

Home users (families with kids)

Protecting your kids is second nature, but it’s harder to shield them from the unseen. Commercial companies and advertisers are always looking to exploit info gathered from Internet users and it’s perfectly legal for them to do so. VPN can stop this, as well as provide a host of other benefits. It can maintain your family privacy – the least anyone should be allowed to have -and allows you to take back some control. That’s got to be a good thing, right?

Gamers

Gamers know their stuff and they also know when something isn’t working the way it should. Despite a global audience of millions, some publishers are placing geo-blocks on servers and downloadable content for many countries outside Europe and North America – VPN can negate this issue.

How is this possible? Well, a VPN will mask your true IP address, allowing unrestricted access in many countries where this is currently not an option. In simple terms, logging on a gaming platform with a VPN will result in the server believing you are in the country that hosts the service. It really is as simple as that Plus, online security is greatly enhanced as a VPN is not unsecured like standard Internet connections. And with your own private network, there is no heavy traffic to contend with – just a smooth and reliable connection that makes the whole experience a much smoother journey for the user.

Crypto enthusiasts

There are many reasons crypto enthusiasts should use a VPN. Investors, speculators and businesses all want to protect their activities and with standard connections, this is nigh on impossible and sensitive info can fall into the wrong hands.

With transactions stored on a public ledger, IP footprints are also left at crypto exchanges and other Internet service providers.

Spider Connect helps protect your identity from hackers, questionable third-parties and government agencies. As we continually say, privacy is a basic human right and it is impossible to steal your money if the owner can’t be traced.

VPNs add a valuable extra layer of security that, in layman’s terms, is a ‘no-brainer’ for anyone who values their privacy. It will ensure those you wish to keep out of your affairs, are, indeed kept out.

Students

First-time students going to college for the first time have a mountain of things to remember and learn. IT needs are probably not top of the list and considering the amount of hardware they bring with them – laptops, desktops, tablets – they are all vital to their studies, leisure and research. But the easily accessed free internet options are also laced with danger – the usual hackers and data thieves often target students who might have their guards down with so many other things to think about. Keeping your privacy is vital and, if you’re a foreign student, you’ll want to access home comforts such as social media platforms, streaming services, gaming and favourite TV.

Expats

Expats may live elsewhere, but that doesn’t mean they want to leave everything they loved behind. Let’s face it, there’s enough challenges moving overseas without adding to them, and this is where a VPN comes into its own. Online security and unobstructed access are must-haves for anyone wanting to keep in touch with family and friends via social media. Bypassing geo-restrictions on your favourite social media platforms and video streaming services will enable you to keep some things just the way they were.

That means that if you live somewhere you can watch Coronation Street or Match of the Day, that is because there will be geo-blocking in place due to rightsholder issues and censorship.

“The VPN market is estimated to be $31 billion in 2021 and $35 billion in 2022.”

-Go Globe

Decentralized VPN

A global collection of nodes (usually run in people homes) power a VPN network by sharing their bandwidth P2P in exchange for cryptocurrency. Users can easily become a node and also download the VPN app to select from a global menu of node IDs.

Here is where Sentinel Protocol steps in. 

https://medium.com/sentinel/sentinel-dvpn-spidervpn-router-partnership-and-july-node-incentivization-update-7262239be84a

Provability

The Spider dVPN network powered by Sentinel is a fully open-source blockchain-based dVPN network that provides users with the absolute assurance that there is no manipulation of encryption settings/routing protocols in the back-end. If anyone tries to manipulate the encryption settings during the node docker setup, the docker image will not even connect to the dAPP network. 

More information: https://medium.com/sentinel/sentinel-dvpn-node-update-v-005-ipv6-and-decentralized-vpn-lite-network-support-df09475c4c37

Increased anonymity

The Spider dVPN network is one of the first VPN networks that plan to establish a relay system which would ensure that even the exit node would not know the user’s actual IP. In the future, users of SpiderConnect router can opt to tunnel their traffic through the provable relay network. Spider Connect currently run validator nodes on the Sentinel network, These validators can be used to verify and secure the Spider dVPN Private Net.

More information: https://www.youtube.com/watch?v=HYK1BPXSji4

Monetization

 Users can configure their Spider Connect router to be apart of the relay network (or an exit node if the user can avoid DCMA requests) and monetize on their unused bandwidth that will be consumed by active users on the Spider dVPN Network powered by Sentinel

The Spider Connect Journey

Spider Connect and Sentinel met back in 2018 and discussed how they could work together and make the Internet a better, safer place for our users.

The end result was a collective merging of minds to create a decentralized router-based solution. Not only will that offer a full and complete decentralization process, but also the ability to monetize any unused bandwidth.

We are teaming up to help the global population gain pure and true decentralized freedom, offering a guarantee of anonymity, which also provides end-users income automation. 

After working alongside Sentinel for some time we highly value our relationship and believe that together we are stronger and we plan to join the BPSAA Alliance and form a group of Decentralised companies that are truly anonymous. We will be working side by side to build the world’s first decentralized VPN router (SPDR) and Network (SENT).

Hardware collaboration

SpiderConnect will offer an Open Source Hardware Router with the ability to tunnel their bandwidth through a provable dVPN network which offers the assurance of security and encryption. Including features such as Network Monitoring, Parental Controls, IP Filtering/ Blocking, Kill Switch Control, Geo Filtering for Gamers, Ad Blocker, Band Steering plus more. 

Relay nodes can be used to run DNS ZONE servers, which can be implemented at the hardware level and use domestic IP’s. This can be used as a blockchain relay network with random exist nodes which can co-exist with the sentinel dVPN Network. This will run on the Spider dVPN Network powered by Sentinel and will make GEO Unblocking unstoppable by any 3rd Party, government or authority. Imagine a world where we can have access to any of our entertainment content anywhere anytime.

“50% say they use a VPN for access to better entertainment content. 34% say it's to access social networks and news services. 31% say it’s to browse anonymously ”

-The Best VPN

SPDR Token Utility

 

 

Spider is on the surface a “regular” VPN provider, none of which use tokens in their business model. This makes it hard to directly tie SPDR utility to the services provided. Historically, “use the token to buy access” utility has proven to be very weak, due to the very fast token velocity it implies. A user would swap his assets for tokens, buy access with it, and the company will sell the tokens back on the market in order to realize the revenue.

 

For those reasons, SPDR utility needs to be more creative in order to properly address the token velocity. In concrete terms, investors and users need to be encouraged to buy and hold SPDR by providing value for doing so. This needs to be inherently addressed within the token’s utility model, because it believably connects the company’s success to the token – more people using the token means less circulating supply because there is an incentive to hold.

 

Establishing Utility

 

Due to the aforementioned issues, we propose adding a layer of separation between the Spider VPN products and the token utility. This means that the utility of the token itself has nothing to do with the VPN directly. Instead, we connect the utility to the product via an intermediary layer that will be provided through a staking portal.

 

The idea is that the token enables owners not to purchase services or products with it, but to use it to contribute to the community and ecosystem and get rewarded for it. In this case, the utility will be to constantly provide liquidity to the decentralized markets SPDR is listed on. We call this mechanic “Liquidity as Utility” (LAU). The primary direct utility of SPDR is to provide liquidity for SPDR markets on decentralized exchanges with it. This action will mint LP tokens which represents one’s share of the total liquidity within the pool.

 

LaU will attach utility to these LP tokens instead of directly to the SPDR token. However, in order to receive LP tokens one needs to own SPDR first, which means any utility attached to LP tokens automatically carries over to SPDR.

 

A multi-layer utility token

 

Layer 1: Liquidity Mining

 

After seeding initial supply via the private sale, liquidity mining will commence to distribute SPDR to the community. In order to earn SPDR, users can contribute to the liquidity pools and receive the majority of SPDR that will be distributed this way. SPDR Liquidity Mining will go on for at least 10 years with multiple “halfenings” along the way that decrease rewards.

 

Layer 2: Liquidity Provider profits

 

LP tokens inherently grant profits to liquidity providers. For example, Uniswap pays out 0.3% of its volume to LPs. By participating in SPDR Liquidity Mining, investors not only benefit from the mining payout, but will also collect fees incurred by traders.

 

Layer 3: Utility Mining

 

Everyone dealing with blockchain, DeFi, and digital assets should be using a VPN. Spider VPN will offer a unique way to access its VPN network: By staking LP tokens. Providing liquidity is a service by the user for the entire community, and will not only be rewarded with liquidity mining rewards and LP profits but also with free access to the Spider VPN network.

 

Layer 4: SPDR Purchase Burns

 

Every time a purchase is made with SPDR tokens, 10% of tokens are burned. Purchases are always routed through a portal that swaps for tokens and completes the purchase that way.

 

Regular users will always purchase routers and services via the SPDR token, no matter what currency they use, through swaps. Due to the LAU model implemented, the high token velocity now actually adds to the overall SPDR utility, as every purchase burns tokens. Purchases also create volume and thus profits for LPs due to the Layer 2 utility described above.

 

The SPDR Utility journey

 

Over the lifetime of the SPDR token, the ratio of importance for the different Utility Layers will gradually shift from Liquidity Mining towards LP profits. As Liquidity Mining gradually recedes, the overall success of the business will move to the forefront of token utility. This is mirrored by SPDR inflation gradually slowing down and eventually crossing over into a deflationary era as Purchase Burns exceed the inflation introduced via Liquidity Mining.