Graphics Design for BandZ

lemlemsteem (42)in #art • 6 years ago (edited)

What is BandZ?

Imagine being able to trade bandwidth/Internet just like any other cryptocurrency.
BandZ is a P2P extranet infrastructure protocol designed to serve a global market of smart devices. BandZ aims to redistribute the internet via decentralizing bandwidth access. BandZ enables users to share the bandwidth/internet services via blockchain technology.

For more information you can visit BandZ
This is the contest link

Blockchain is at the very frontier of technology. The only means of utilizing mass decentralization are communication networks – the internet.

BandZ will give the web a new range, depth, and identity. Decentralized bandwidth sharing means that each user can act as his/her own ISP. You and your ISP can sell/buy bandwidth with BandZ to companies or other individuals. By utilizing your mobile devices, you can create large areas of connectivity to improve your ISPs service reach and share in its profits.

By sharing your internet, you can earn BandZ. These BandZ tokens can than be used to purchase internet/bandwidth and enterprise-grade security services from others peers on the network. This creates a free market in the truest and most liquid sense, where users can manage their internet use and pricing as the optimal equilibrium would dictate.

There is a finite supply of 1 Billion BandZ (tokens) in the market. This will apply deflationary pressures to the value of the currency as the network grows. The implication is that each BandZ token will be worth more bandwidth as more bandwidth becomes accessible, and therefore each BandZ token should increase in price relative to other currencies.

By allowing individual consumers to sell their bandwidth internationally at marginally optimal prices BandZ creates economies of scale. And though each BandZ token becomes more expensive, the increase of bandwidth outpaces the increase in the token price (ideally) so that internet becomes cheaper as BandZ holders accrue wealth.

Why I choose the design

Graphic design is my place for creativity. Graphic design is one of my hobbies. I often spend my days designing. Even graphic design has become my work. Therefore, I chose graphic design on Graphics Design Contest: BandZ.