Storj (pronounced: storage) aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Storj is a platform, cryptocurrency, and suite of decentralized applications that allows users to store data in a secure and decentralized manner. It uses blockchain features like a transaction ledger, public/private key encryption, and cryptographic hash functions for security. Furthermore, it will be way cheaper (10x-to-100x), faster, and more secure than traditional cloud storage services.Storj is working hard to solve data security issues with the help of its own web app, Storj Share, and Libstorj. It is a decentralized, end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure online files. There is no need to trust a corporation, vulnerable servers, or employees with your files. Storj completely removes trust from the equation.
Project DescriptionStorj aims to become a cloud storage platform that can't be censored or monitored. It is the first decetralised end-to-end encrypted cloud storage that uses blockchain technology and cryptography to secure your files. Purchasing Storj tokens allows holders to use the network where they can buy and sell computing space. Read more on the official sale terms here Storj offered a bonus rate for larger investors, between $50k-100k: 10% discount, which is $0.45 per token, with a lock-up of 3 months. Over $100k: 20% discount, which is $0.40 per token, with a lock-up of 6 months. Funds were raised in around 6 hours and 80% of tokens were withheld from the ICO sale and are being distributed during the months following the ICO. Storj has received approximately $4.8 Million in 4 rounds of funding prior to the ICO.
Founders and Associates
Shawn Wilkinson -Founder & CEO & CTO
Tome Boshevski -Founder & Chief Design Officer
James Prestwich -Founder & COO & CFO
John Quinn -Founder & Chief Development Officer
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