Path Network is a blockchain project seeking to improve the uptime and performance monitoring industry through blockchain and smart contracts as complemented by powerful analytic tools combined with user-powered monitoring nodes with the long-term aim of global coverage.
How it works
The way it works is that users install transparent and resource-light Path Mining nodes which run via browser plugins and phone applications. Users exchange PATH for various uptime and performance monitoring services through the Path panel and mining nodes are rewarded with PATH for completing monitoring tasks, the results of which are aggregated on the Path panel.
Performance monitoring and uptime are significant for internet-based companies. Path solves problems of service interruption and downtime through its incentivised series of nodes. It is creating the platform for anyone to share their unused band with others in need of such services and this is what makes Path Network’s ICO such a valuable opportunity.
Path Network is being developed by an incredibly competent team. Its CEO, Byrant Townsend, has been characterised as a serial entrepreneur and cybersecurity industry leader. Byrant was the founder and CEO of BackConnect and Marshall Webb. He has appeared on CNBC and Reuters as an information security expert and has won three awards for government-sponsored bug bounties. Byrant’s expertise is complemented by a seasoned team with experience in companies / agencies including the FBI, PwC, Acer and Deloitte. The team’s expertise is further strengthened through 8 specialist advisers with considerable infrastructure, marketing and influencing experience.
PATH will be giving away 1M tokens through their Telegram via an Airdrop. As discussed in earlier posts, Airdrops are a great way to gain money by helping new cryptocurrencies establish market presence. You can access Path’s Telegram here: https://t.me/pathnetwork and their website here: https://path.network/.
More than that though, PATH is currently in the private sale stages, with pre-sale occurring between 16th June and 7th August and its ICO is set between 8th and 31st August.
With a public beta of the mining node browser plugin released on 28th March, Path strengthened its potential crowd sale valuation. Path Network presents a comprehensive and well-written white paper with a decent team, expected community involvement and complimentary advisors. While the project could do with greater technical details and is not the first real world use of blockchain, the project is popular in China and could present significant returns on investment. NouVive’s team of traders recommend participating in Path’s pre-ICO at present and to take advantage of ICO bonuses when the ICO launches on 8th August.
Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.
Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.