What is the Mysterium network? Mysterium Network is an open source ecosystem of Web3 protocols, tools and infrastructure that makes the Internet borderless and accessible to all. The network provides users and builders alike with the tools necessary to uphold online privacy, anonymous expression, and equal access to information. Mysterium held a token sale through which it raised $14 million in CHF. Mysterium works with your peer-to-peer network without permission. Anyone can turn their device into a node and rent out their additional internet resources, such as bandwidth or IP address, in exchange for cryptocurrency. The network is tamper-proof, anonymous, and encrypted like Tor, but with superior usability, stability, and speed. Mysterium's B2B Network as a Service lays the groundwork for creating all kinds of enterprise-grade services, including the flagship product project, Mysterium VPN, available for Android, Windows, Mac, and Linux (iOS in 2022). Developers and entrepreneurs can create proprietary censorship-resistant tools and companies can make their products globally accessible and secure. The technology is fully compatible with Web2 and Web3 platforms and can be integrated with VPNs, proxy services, DeFi wallets, browsers, search engines, data mining solutions, and streaming applications, creating privacy and censorship resistance in the Internet. applications that we already use. What is MYST? MYST is the utility token at the heart of the Mysterium Network. MYST is used for frictionless P2P micropayments within the network. If you are using the VPN, you can pay with the MYST token. If you are a node (VPN service provider) you will receive MYST. Mysterium has designed its own unique micropayment infrastructure, the Hermes protocol, to facilitate these fast, anonymous and censorship-resistant transactions. In 2022, Mysterium will be among the first to integrate the IQ protocol, developed by PARSIQ. The protocol powers the Mysterium Delegation Pool, a completely risk-free and collateral-free solution that allows holders to stake MYST and earn rewards in DAI stablecoins. Knot runners target MYST to tie a knot. Nodes can rent MYST from the delegation pool without any starting capital and a part of their earnings can be used as rebate. This DeFi mechanism rewards stakeholders by increasing their stake in proportion to pool size and network traffic. MYST is an ERC-20 token with the addition of ERC-2612 (the authorization feature), introduced with the DAI token and popularized by the Uniswap team.