Oyster Protocol launches Shell tokens supported by KuCoin

Oyster Protocol, a website monetization and distributed storage solution built on the IOTA and Ethereum blockchains, has announced an Airdrop for its Oyster Shell token (Ticker: SHL) on April 13, 2018. Shell tokens are used to pay for connectivity and Dapp operation across the Oyster meshnet, and will eventually be used to access the decentralized web by bypassing ISPs. Shell tokens will be distributed via Airdrop to PRL holders, and will not be offered in a token sale. When websites install Oyster code to monetize, they will earn PRL and SHL.

KuCoin will be participating in the Oyster SHL Airdrop, allowing anyone storing their PRL on a KuCoin wallet to receive SHL at a 1:1 ratio without having to move their assets to an external wallet. KuCoin will be the only exchange where you can keep PRL and still receive the SHL Airdrop.

The Oyster Protocol is a revolutionary solution that resets the assumptions of the current internet paradigm with a new, comprehensive platform. Oyster’s primary operation is based off the storage, retention, and retrieval of static data. The core Oyster network creates a latency-optimized meshnet of nodes, creating an ideal environment for decentralized communications.

Political pressure from giant corporations like Facebook, Google, and ISPs are ruining the Internet for the common individual,” said Bruno Block, CEO of Oyster. “Oyster Shell circumvents this control by creating a distributed meshnet. As more people join the network via IOTA, the Oyster Protocol will act as a massive organic supercomputer, removing the need for the centralized infrastructures.

The Oyster Protocol and SHL token allows users to access the the internet at a fraction of the cost, completely anonymously, and from any global location; away from the prying eyes of politically motivated establishments. Shell enables efficient, encrypted, internet access and peer-to-peer communication between any two endpoints that participate in the meshnet.

PRL tokens are listed on KuCoin, EtherDelta, Cryptopia and CoinExchange.

Read Also: