Internxt PriceINXT

What is Internxt (INXT)?

Internxt (INXT) is the native ERC-20 token of Internxt, an encrypted cloud storage and privacy-focused productivity company headquartered in Valencia, Spain. Internxt positions itself as a European alternative to major technology platforms, building cloud services where privacy and security come first. The company offers a suite of products including Internxt Drive for encrypted file storage, along with Antivirus, VPN, Cleaner, Meet, Mail, and Photos. The token itself has a total supply of 1,119,294 INXT, which is also its circulating supply, meaning all tokens are already in circulation. Internxt operates at the intersection of cloud storage and blockchain technology, with a Peer-to-Peer cloud computing model and a decentralized X Cloud solution powered by X Core. The project launched its token in July 2017 and has since evolved into a company founded in 2020 that serves both individual and enterprise customers.

Key Specifications & Tokenomics

• Name: Internxt
• Ticker / Symbol: INXT
• Token Standard: ERC-20
• Category: Platform
• Total Supply: 1,119,294 INXT
• Circulating Supply: 1,119,294 INXT
• Max Supply: 1,119,294 INXT
• % of Max Mined: 100.0%
• Launch Date: July 2017
• Company Founded: 2020
• Headquarters: Valencia, Spain
• Official Website: https://internxt.com/
• Whitepaper: https://internxt.com/whitepaper/internxt-white-paper-1.pdf
• Industries: Cloud Storage, Privacy, Decentralized Computing

Who created Internxt?

Internxt was founded in 2020 by Fran Villalba Segarra in Valencia, Spain. Fran Villalba Segarra serves as the Founder and CEO of the company and is publicly active in interviews and company communications. Before starting Internxt, he was a young entrepreneur. The company has grown to nearly 30 employees as of its 2023 year-in-review, with the CEO describing the team as a small but fantastic group of people. Internxt's growth has been fueled by investments from renowned leaders including Juan Roig, Prosegur, Telefónica, Notion Capital, and Balaji Srinivasan. The company remains headquartered in Valencia, Spain, and continues to operate as a European privacy-focused technology firm.

How does Internxt work?

Internxt operates as an encrypted cloud storage platform that uses end-to-end and post-quantum cryptography, meaning only the user can access their data. Files at rest are protected with AES-256 encryption, while files in transit use TLS 1.3. These implementations were independently reviewed and confirmed in a 2024 security audit. Internxt is the first cloud storage to use Kyber 512 post-quantum encryption combined with AES-256. The platform follows a zero-knowledge architecture, meaning Internxt does not store passwords or user data, and all data is encrypted in-transit and at-rest. Only the user and the people they choose can access files. The code is open source and available on GitHub for anyone to review, audit, and verify. Internxt has also developed X Cloud, a decentralized solution where data is spread across a decentralized network of machines powered by X Core, making it potentially more secure from hackers, snooping governments, and accidents at data centers.

What makes Internxt unique and valuable?

Internxt distinguishes itself through a strong emphasis on privacy, digital sovereignty, and European data protection standards. It is described as the only cloud storage that automatically encrypts files using end-to-end and post-quantum cryptography. The company is wholly GDPR compliant and has been independently audited and verified by Securitum, Europe's leading penetration testing company. Its infrastructure is ISO 27001:2022-certified. Internxt also positions itself as a European alternative to tech giants, building a better internet where privacy and security come first. The company received the Deloitte Fast 50 Award, which recognizes the fastest-growing companies in Europe. Internxt has partnered with organizations such as Levante UD, becoming the club's official provider of encrypted cloud storage, and has collaborated with Crypto.com to develop secure and private services within Web3. Its suite of products, including Drive, Antivirus, VPN, Cleaner, Meet, Mail, and Photos, offers a comprehensive privacy-focused ecosystem.

What is Internxt used for?

The Internxt token (INXT) is an ERC-20 token used to pay for cloud services. Internxt accepts cryptocurrency payments directly from its checkout page for increased anonymity. Accepted cryptocurrencies include Binance Coin, USD Coin, Bitcoin, Bitcoin Cash, Ether, Litecoin, Ripple, Tron, and Cardano. Crypto payments are only accepted for lifetime plans, while annual plans require a different payment method. Payments made with cryptocurrencies are not eligible for refunds due to the volatile nature of their value and the irreversible characteristics of blockchain transactions. Beyond payments, Internxt's products serve individuals and businesses seeking encrypted cloud storage, secure file sharing, and privacy-focused productivity tools. The platform offers a free tier with 1 GB of encrypted cloud storage, as well as paid plans with storage tiers of 1TB, 3TB, and 5TB, starting at €9.99 per month. Business plans include team management, role-based access controls, and ISO 27001:2022-certified infrastructure.

How Is the Internxt ecosystem developing?

Internxt has been actively developing its ecosystem through product expansion, partnerships, and exchange listings. On February 3, 2022, Internxt announced a partnership with Crypto.com to develop secure and private services within Web3. The same date marked the listing of INXT on Bittrex Global, with trading starting on March 30th. Internxt has also become the official cloud provider for Levante UD, a Spanish football club, highlighting its growing influence in the European tech landscape. The company publishes annual year-in-review reports, with the 2022 and 2023 editions reflecting on progress and growth. In 2024, a security audit independently reviewed and confirmed the AES-256 and TLS 1.3 implementations. Internxt continues to expand its product suite, which now includes Drive, Antivirus, VPN, Cleaner, Meet, Mail, Photos, and Enterprise Cloud Storage. The company's code remains open source on GitHub, and its website supports multiple languages including English, Spanish, French, German, Italian, Simplified Chinese, Russian, Traditional Chinese, and Portuguese.

How to mine Internxt?

Internxt (INXT) is an ERC-20 token, which means it is not mined through traditional proof-of-work mechanisms like Bitcoin. Instead, INXT was launched through an initial coin offering and is now fully in circulation, with 100% of the maximum supply mined. There is no public information indicating a staking or mining mechanism for INXT. The token is used primarily as a payment method for Internxt's cloud services. Users who wish to acquire INXT can do so through cryptocurrency exchanges where the token is listed, such as YoBit, Bittrex Global, and Crypto.com. The token can also be used directly on Internxt's platform to pay for lifetime plans. As with any cryptocurrency, it is important to perform proper research and choose a reputable platform when acquiring INXT.

How to keep your Internxt Coin safe?

Keeping your Internxt Coin safe requires following standard cryptocurrency security practices. Since INXT is an ERC-20 token, it can be stored in compatible wallets that support Ethereum-based tokens. Users should consider using hardware wallets for long-term storage, as they keep private keys offline and protected from online threats. It is important to never share your private keys or seed phrase with anyone, and to be cautious of phishing attempts that may impersonate Internxt or related services. Internxt itself emphasizes privacy and security, with a zero-knowledge architecture meaning the company does not store passwords or user data. For added security, users should enable two-factor authentication where available, keep their wallet software updated, and verify all transaction details before confirming. When using exchanges, it is advisable to research the platform thoroughly and consider withdrawing tokens to a personal wallet for greater control. Always remember that cryptocurrency is highly volatile and prices can move sharply, so treat all market information as informational rather than financial advice.