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One of the most beautiful aspects of the blockchain is its capacity to help individuals regain control over their lives, wealth, and data through decentralization. A basic right individuals should have in their lives is privacy and agency over their data, information, and communications. A new project called Proemtheus aims to bring this freedom to an industry sorely in need of it, email.
The Cost of Free Services
Most readers here have a Gmail account or some other popular email service for their main correspondence. Many also have Facebook, Twitter, or other free services to communicate with others in the digital space. The greatest con ever pulled by such companies was advertising these services as free. Nothing is free, and Proemtheus understands that. These âfreeâ centralized services sell user data regularly to turn that information into profits for the company. Much of the information sourced from these free services is sold to advertisers to show users more relevant ads. This robs users of control over their information.
Data mining is not the only issue with âfreeâ email services. Centralized servers put both users and institutions at risk. It is much easier to attack a centralized institution than to attack a decentralized network. We have recently seen increased instances of ransomware attacks, and those are unlikely to stop any time soon. Proemtheus aims to fix these and other problems with its decentralized email project.
The First Decentralized Email System
The team behind Proemtheus feels that email is the most important asset individuals have online. It represents their identity and how they are able to communicate with the rest of the world. Proemtheus gifts its users true independence of their online data â and thus their identities â through decentralization. Users can expect direct peer to peer communication, full control over their threaded mailbox, and protection from ransomware with user data being encrypted and fragmented. Finally, users can rest easy with full control over their data and online identities.
With Proemtheus, users will have their own cloud-like data storage. In this way, rather than a platform profiting from users as is the norm, this platform could actually profit users. Should the user want to, he or she could rent out their storage or provide email services or VPNs to other users for a fee.
Proemtheus Presale
Currently, Proemtheus is holding a presale to help fund its project and generate initial investment and interest from individuals and other entities. The team asks that any individuals wishing to participate thoroughly read their whitepaper prior to investment. During the presale, the team hopes to sell 150,000 PMTP â their native token â at a price of US$1 to 1 PMTP. Early supporters can expect bonuses as rewards for referrals, purchases and pre-launch testing. They have yet to announce their ICO dates, but have opened up the presale to the entire public. That decision was made because the vast majority of the public has an email account and will benefit from taking full control over it.
Proemtheusâs site: https://proemthe.us/
Proemtheusâs presale: https://proemthe.us/join.html
Proemtheusâs whitepaper: https://proemthe.us/whitepaper.html
This is not investment or trading advice; always conduct your own independent research.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.