The DigRate team issues a Medium Fraud Rate to the decentralized blockchain-based VPN project – Privatix. Privatix is a decentralized autonomous P2P VPN network on blockchain that allows users to buy and sell their internet bandwidth using PRIX crypto-token. The future value of PRIX is highly questionable as it relies purely on the project’s ability to attract users to the network. However, the network structure and its technological implementation create significant legal risks for all its participants, where each Client and Agent can indirectly violate some of the laws and bear full criminal liability (a representative case was Dmitry Bogatov). Despite the team’s experience of conducting business projects, Privatix lacks MPV, qualified Advisory Board, and clear financial development plans, together with a sound business model. Moreover, the project takes significant risks, allowing investors from China, Hong Kong, and Singapore to contribute to the ICO, which casts doubt on commercial success and the return of investors’ money. Furthermore, the data presented by the project Founder and Co-Founder is contradicting, and the use of offshore schemes with hidden information, where Dmitry (the declared Company Founder) is neither a founder, nor even a Director, cast doubts on the project’s transparency and trustworthiness. Full version of our Express Report is coming soon!