Market Overview

ODX Assembles All-Star Cast to Bring Free Internet to Emerging Markets


Leading Global Funds and Tech Thought Leaders, Including Pantera
Capital and BlockTower Capital, Team Up to Back New Blockchain-Based
Data Marketplace

ODX Pte. Ltd. today announced that it has more than $60 million in
commitments for its private token sale. Early backers include a global
list of very prominent names in the technology and blockchain space such
as Pantera Capital, BlockTower Capital, DNA Fund, Kenetic Capital out of
Hong Kong, Andromeda out of Switzerland, Hexa Labs out of Israel,
Wavemaker Genesis, Strong Ventures in Korea, Jonathan Finch (advisor to
Liquid Telecom out of Africa), Randy Kaplan (serial entrepreneur and
co-founder of Akamai), Alexander Shulgin (Russian Blockchain Godfather),
Christian de Faria (VP Special Advisor Orange for Middle East and
Africa) and Brock Pierce (early global blockchain thought leader and
venture capitalist).

Through its decentralized data marketplace, Open Data Exchange (ODX),
ODX Pte. Ltd. is setting out to solve what is perhaps the most basic
problem of all for consumers in emerging economies: internet access.

"Free and fair access to the web is a fundamental human right," said
Scott Walker, co-founder of DNA Fund. "The dynamic nature of emerging
markets creates unique challenges that have never confronted the
developed world but also opens up opportunities for innovation and
growth. We are proud to be part of the elite group of early supporters
of the ODX platform, which will leverage blockchain technology to enable
the delivery of free mobile internet access to underserved populations
across the world."

In many emerging markets such as Africa, Latin America, and Southeast
Asia, the average user is online only through paid internet access less
than ten days every month. Why? Because mobile data is expensive, free
public Wi-Fi is scarce and DSL/cable options are limited.

This is an especially significant problem when you consider the fact
that over 80 percent of the world's internet population lives in
emerging markets.

"Blockchain is a revolutionary technology, with extensive benefits to
enterprises, government entities and private citizens alike," said Nix
Nolledo, founder and chairman of ODX Pte. Ltd. "It provides the perfect
framework for our platform, which brings together internet service
providers and publishers from around the globe in ways that have never
previously been possible."

ODX Pte. Ltd. is uniquely positioned to execute on this lofty endeavor.
Its parent company is Xurpas Inc., the largest consumer tech company in
the Philippines. With more than 900 employees across offices in
Southeast Asia, Xurpas has already built a vast network of business
relationships, which will be leveraged to fuel the growth and expansion
of ODX.

For more information about ODX, please visit
and join the conversation on Facebook,
and Twitter.

About ODX Pte. Ltd.:

ODX Pte. Ltd. powers the Open Data Exchange (ODX), a global marketplace
where publishers and internet service providers (ISPs) can transact at
scale to deliver free internet access to consumers in emerging markets.
Leveraging blockchain technology, ODX creates a network of trust,
generating a truly open ecosystem. ODX Pte. Ltd. was established by the
co-founder of Xurpas Inc., the Philippines' largest consumer tech

For more information, please visit
and join the conversation on Facebook,
and Twitter.

View Comments and Join the Discussion!