1. What is myst?

Mysterium (MYST) is a type of token primarily used for the Mysterium network, which is a decentralized virtual private network (VPN) service. The network allows users to securely access the internet through encrypted channels and rewards node operators who provide bandwidth.

Key features of Mysterium include:

1. Decentralized VPN service: The Mysterium network provides VPN services in a decentralized manner, allowing users to securely access the internet.
2. Encrypted channels: The network employs encryption technology to protect user data.
3. Node operator rewards: Node operators providing bandwidth can earn MYST tokens as rewards.
4. Community-driven: Mysterium is a community-driven project that relies on the participation and contributions of its community members.

The goal of Mysterium is to provide users with a secure, decentralized internet access solution and to offer node operators a sustainable reward mechanism.

2. Who founded myst?

The Mysterium (MYST) tokens were created by Tom Okmanas, the founder of the Mysterium Network. The Mysterium Network is a decentralized VPN service that leverages blockchain technology to provide secure and private internet access.

3. Which venture capitalists invested in myst?

The provided information does not directly mention specific investment details regarding the token "myst." The text primarily discusses funding situations of projects like Axie Infinity, Opensea, and BAYC, but does not address "myst." Thus, it is not possible to determine from the provided information which venture capitalists invested in the token "myst."

4. How does myst work?

Mysterium (MYST) is a type of token primarily used for the Mysterium network, which is a decentralized virtual private network (VPN) service. Below are the basic operating principles of Mysterium tokens:

1. Decentralized VPN service: The Mysterium network allows users to provide and use VPN services in a decentralized manner. Users can connect to nodes around the world through the Mysterium network, enabling secure and anonymous internet access.

2. Token economy: Mysterium uses its native token MYST as the means of payment on the network. Users can use MYST to purchase VPN services, while node operators providing VPN services can earn MYST by offering their services.

3. Market trading: MYST can be traded on token exchanges, such as Binance. Users can buy and sell MYST on these exchanges.

4. Market cap and trading volume: The market cap and trading volume of MYST can be viewed on token data websites, such as CoinMarketCap and CoinGecko. These sites provide real-time information on the price, market cap, and trading volume of MYST.

5. Purchase and usage: Users can buy MYST through token wallets and exchanges like Bitget and Binance. These platforms provide detailed purchasing guides and market statistics to help users understand how to buy and use MYST.

In summary, Mysterium tokens are primarily used for payments and operations of its decentralized VPN services. Users can buy and sell MYST through exchanges and use MYST to purchase VPN services.