Russian Dark Web Wants $150 Million Worth Of Bitcoin To Expand

The Russian dark-web market Hydra is planning to fund $146M from the token sale with the aim of expanding the worldwide marketplace. The plan is set to launch on December 16th, according to the local reports.

The sale generated by the top darknet market among the Russian community and the related areas tends to sell tokens. Truth to be told, Hydra has established a vast empire since 2015 when there are 2.5 million active users on average with roughly 100.000 daily transactions. Moreover, Hydra’s commercial memorandum won’t be accessed unless it exists an anonymized browser like Tor, the columnist Anna Baydakova said in a statement. 

Specifically, Hydra will issue 1.470.000 tokens and sell $100 each, which offers 49 percent of the total supply. If anyone purchases 100 tokens, they will receive a 0.00333333 percent share from Hydra’s profit. However, it makes no mention of which blockchain that the tokens will run on. Readers are cautioned about Hydra’s plan which is possibly disguised in an effort to escape the project management.

Additionally, this Russia dark web reckons it likely starts an unprecedented service around the world so-called Eternos, including a bitcoin exchange, encrypted mess and even an OTC standing for the over-the-counter market. Even more, Hydra is regarded as the market producing illegal services. Take counterfeit money for a prime example. Thus, raising money by such services is not only related to morality, but it also has an adverse impact on financial problems. As a matter of fact, Russian media has seen it as an exit scam.