Internet Node Token (INT) is one of rare ICOs that have managed to go up for around 50% in a matter of days after the market started to recover from the latest crash. That is how INT caught the attention of many investors and coin holders, which contributed to its further pace of growth. Moreover, there is not much about INT around the news, so we were interested in finding out everything there is to know about Internet Node Token, as well as to analyze what INT is all about.
What is Internet Node Token?
Internet Node Token (INT) is said to be narrowly connected to the idea of the Internet of Things, otherwise known as IoT. Moreover, the way INT is presented on their official site claims that Internet Node Token is created and launched with the idea of having IoT technology further developed and used decentralized applications, safe and secure data transmission. That way, INT would be able to create a revolutionary business model that will consequently create an entirely new market which would have a focus on devices.
Basically, when explaining the way INT works might be best described by a simple comparison – apparently, INT works similarly to the way IOTA (MIOTA) does, which means that Internet Node Token is aiming at creating a platform that would have machines and devices working for different purposes with protocols that enable machine-to-machine communication.
Machine-to-machine communication is actually in a way a starting point for the Internet of Things, so that is what Internet Node Token is all about – creating a supreme flexible network with safety protocols that would allow the described business model with a focus on devices, to grow to its farthest potential.
Back in January, at the beginning of 2018, Internet Node Token dev team decided to launch an update that was already set up in mid-January.
There are also different rumors about having Internet Node Token waiting for partnership acceptance from companies like Huawei, Microsoft Research, and IBM.
The time is to show whether these are just rumored partnerships or a huge deal. However, although INT is planning expansion on a global level, the targeted “audience” of their dev team are investors and holders in China.
That is how INT already offered tracking solutions, based on their blockchain technology, to the Intel Pharmaceutical drugs, helping them track down their packages easily and at low costs. Intel Pharmaceutical is based in China, in the spirit of their objective regarding the expansion of INT as a token.
In case you are wondering what makes Internet Node Token interesting to investors and developers, the answer might lie in the fact that INBT does not require data sharing from its users.
This is the case because the dev team behind this project has arranged protocols in a way that allows the IoT expansion along with enabling interconnection between different devices and machines without the need of sharing users’ data.
It is more than evident based on its recent performance, the interest in their main objective and visible based on its technological capabilities that Internet Node Token is set to become a part of a huge game when it comes to acquiring partnerships, attracting investors and working on the development of the Internet of Things.
Internet Node Token and the Market
Before the market crash that affected Internet Node Token (INT) as much as the majority of ICOs in the market, INT was being traded at a bit over 1$ per one unit, which was at the same time its all-time high value. INT’s record price was marked back at the end of January 2018, however, the currency started to plummet with the rest of the shaky market.
However, we can now see INT in a completely different light since it started to trade back in the green while collecting massive gains in the market, consequently having its trading volume significantly increased in a matter of only a couple of days.
After the latest change in the market, Internet Node Token has gone up to 47.83% against the dollar, which means that INT is trading in the green while gaining nearly 50% in rises.
The latest positive change in its price made INT trade at the price of 0.358$, with great odds of having Internet Node Token (INT) back to its all-time high in the following weeks, which might as well be a realistic case if INT continues to grow at this exceptional rate.