- The name change for the DePIN project denotes a change from darkness to light.
One of the top privacy protocols, ATOR, has started rebranding as Anyone (anyone.io). With the ATOR pool ranking among the top 15 Uniswap pools on Ethereum in terms of value, the shift represents one of the biggest DEX migrations in cryptocurrency history.
ATOR, which is renaming as Anyone, began as an incentive layer based on The Onion Router (Tor). In February 2023, they shifted to a fully decentralized layer and have since grown to over 1,800 relays. and their supply isn’t keeping up with the demand. Relays made using ATOR DePIN hardware are so rare that they can fetch 400%–500% more than their initial price on secondary markets.
A Transition into the Mainstream
With its definitive break from Tor, ATOR Protocol has rebranded as Anyone, marking a significant turning point in the company’s efforts to advance privacy as a basic human right.
A fully decentralized privacy network is desperately needed. A small number of businesses dominate the expanding VPN market, and they continue to be a honeypot of centralized single points of failure since their clients repeatedly violate their ambiguous no-log policy.
Although it is still an option, the Tor network is still associated with crime and darkness. Notwithstanding these implications, ordinary internet users cannot simply access and utilize Tor’s browser.
True digital privacy requires an approach that is accessible to anyone.
Building and growing a strong and thriving privacy ecosystem is Anyone’s goal: it’s not meant to be a hacker or criminal’s side project, but rather a solid basis for online privacy that almost anybody can use.
A thriving network of alliances
The design of the Anyone protocol allows for various degrees of composability, giving projects and developers a safe and private environment in which to construct their applications. Two lines of code can be all it takes to integrate an app.
Peaq Network, a layer 1 blockchain that is home to multiple DePIN projects, io.net, a decentralized GPU network, and Tectum, a lightning-fast, high throughput blockchain positioned for the future of cryptocurrency payments, are some of the projects that are enhancing this ecosystem.
Strong investors and advisors, such as Sean Carey, co-founder and CTO of Helium, EnigmaFund Venture Capital and Advisory, GoldHawks, a group of seasoned DePIN industry experts, JDI, the top producer of DePIN equipment, and the Hotspotty team, who has been instrumental in the successful launch of Anyone’s hardware relays, provide strong support for Anyone. Hotspotty, who are ardent supporters of Anyone, uses their DePIN Hub brand to further promote Anyone’s objectives.
Upgraded token
A new token appears as the project progresses. The updated tokenomics and complete redemption for the original $ATOR tokens are features of the new $ANYONE tokens. The CEO of CoinCraft, Austin Seiberlich, has collaborated with Max Gold of GoldHawks to enhance value accrual for the system and its participants. Follow Anyone Protocol on X (Twitter) or go to the project website at anyone.io for additional details on the improved tokenomics and migration process.
Successful hardware deployment: a precursor to future developments
After the first relay deployment went well, phase 4 global delivery has just started. Anyone’s quick deployment pace—more than 1,800 relays since February 2024—is noteworthy, particularly in light of Tor’s upper limit of 8,000 relays after 20 years of service.
We may examine some of the most well-established DePIN networks to assess Anyone’s potential for future expansion. It took several years for Helium to expand its IoT coverage, which is now backed by more than 375,000 nodes. Just over 85,000 vehicles are now part of DIMO’s connected vehicle network, whose mainnet went live at the end of 2022. In contrast, Hivemapper, a decentralized mapping application, now has over 140,000 contributors.
The Anyone Network is taking shape, growing useful, and preparing for public use.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.