Reviews

#Micro Review

I recently came across a low-cap project that looks like a potential competitor to Render.

Octa.Space $OCTA

Octa.Space is a blockchain-powered decentralized cloud platform allowing you to access distributed computing power (Both CPU and GPU), data storage, and VPN services.

Octa has a beautiful low Market Cap of only $5M, and they just recently decided to fix the maximum supply to 48M... More

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#Tokenomics

If you want to understand why OctaSpace tokenomics are excellent…

Keep reading; I will build up the case one step (star ⭐️) at a time so you won't miss anything.

  • This is a COIN (not a token) with a fixed supply of 48 million and serves as the native coin for their blockchain(s).

This earns it the first star. ⭐️

  • $OCTA was a Fair Launch. No Pre-Sale. No early investors.

This earns it the... More

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#Micro Review

Well, what can I say, I went to the website and clicked top right to get started, bug, then manually altered the URL: MVP or POC or PON?

I read the white paper, and it states there is a 1.5% dev tax. The OCTA coin is on several exchanges and the correlation of price does not seem stable, with arbitrage bots playing around with it which might be giving false volatility. There is one... More

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#Idea

There's a well-known saying: "During a gold rush, sell shovels."

Artificial Intelligence (AI) is undoubtedly the new gold rush, and decentralized computing platforms are the proverbial shovels!

Octa.Space is one of those essential tools necessary for this gold rush.

Octa Space operates on its own native dual-chain system, which is a Layer 1 (L1) Proof-of-Work (PoW) and a Layer 2 (L2)... More

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#Micro Review

Sorry, but I have to shoot this one down after only about 15 min of research.

  1. The "get started" button throws an error when you try to connect with google (although it still connected me when I went to the "console" later on. img1)

  2. Bunch of copy on the main page are in broken english (img2)

  3. Mostly anonymous team. 2 doxxed members have barely any connections on linkedin and are listed... More

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#Buy?

Is Octaspace worth a buy? Hmmm.

When considering whether to invest in Octaspace, there are definitely both positive and negative aspects to weigh.

On the positive side, their idea appears to be strong and has already been successful when implemented by major other competitors. Additionally Octaspace has managed to innovate and introduce new dynamics to the idea, making the platform more... More

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#Micro Review

What I really like from first impressions:

  • Great set of tokenomics. There is no pre-minted token allocation which helps reduce big sell pressure + I like that you will need to use $OCTA to pay for all its services as this creates constant future demand if their services are good.
  • Lists a range of 6 different core services, some of these service options its closest competitors do not offer,... More
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#Buy?

I'm purchasing $OCTA. To be more precise, I'm acquiring more Octa Space!

When I first highlighted this project, I initially purchased it at $0.27. My usual strategy is to buy 50% initially and set a limit order slightly lower for my second 50% buy. The problem is this gem never dipped back down; instead, it soared to a new all-time high (ATH), where it remains today in full-price discovery... More

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#Micro Review

Updated to 4 stars. The project exhibits growth potential and offers live stats. While some early development indicators persist, such as YouTube videos, enhancing team transparency and addressing these early development aspects would elevate the rating to 5 stars.

What is Octaspace OctaSpace appears to be a cloud platform that offers a range of services, including... More

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#Micro Review

Initially, OctaSpace presents an ambitious vision of a decentralized computing platform offering a suite of services, including VPN, AI tools, rendering, and more. The dual-chain architecture combining PoW and PoA consensus intrigues from a technical standpoint. It seems well-suited for a network that requires both security and transactional efficiency.

The gradual OCTA token emission schedule... More

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#Team

The success of any project heavily relies on the strength of its team and unfortunately this project seems to be lacking in this crucial aspect, despite having a promising idea.

One immediate concern is the absence of a clear leadership structure. A well-defined point of command is essential for effective communication and decision-making, which are vital for any project’s success.

Furthermore... More

1

#Micro Review

Octa.Space is an ambitious blockchain project aiming to build a decentralized cloud platform for computing power, data storage, and VPN services. The native OCTA token fuels the network.

Pros:d

  • Innovative blockchain architecture combining PoW and PoA consensus

  • OCTA used as sole payment instrument for all services provides full value capture

  • High staking requirements (100k OCTA) lock up... More

#Micro Review

Hardware limitations are preventing users and customers from carrying out computer-based tasks that are GPU-intensive. OctaSpace is a cloud platform that allows you to access distributed computing, data storage and serving, VPN, and more. Users can lend or host CPU/GPU usage to another and earn in the process.

OCTA is a Layer 1 PoW network backed by a Layer 2 POA network (increase speed and... More

#Micro Review

OctaSpace is a blockchain project that aims to revolutionize distributed computing, data storage, and VPN access through its cloud platform. By leveraging the CPU and GPU resources of interconnected nodes worldwide, OctaSpace seeks to provide transparent and user-friendly mechanisms for solving resource-intensive tasks. This project has the potential to bring several benefits to the blockchain... More

#Micro Review

In terms of tokenomics, looks likes there was no pre-minted token allocation which is rare. If you want these tokens you have to mine them or buy them from other users. Looks like the team are getting their tokens by mining them as well. So, it would make it SEC compliant.

Render has a $1B fully diluted market cap, so with $13M for Octa, there is a long way to go in terms of potential upside. I would agree it should be a good buy. It's all about their team and marketing power to gain market share at this point.

OctaSpace OCTA

Distributed computing, VPN and data storage

OctaSpace (OCTA) is a cryptocurrency launched in 2022

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