Storecoin is a zero-fee, p2p cloud computing platform that will transform data into programmable money (into datacoins). Storecoin shifts the economic paradigm of data away from being controlled by centralized technology-data monopolies towards decentralization, openness, and monetization for miners, developers, and users. We believe that every meaningful piece of data can be structured, categorized, and tokenized for easy discoverability and trading. Data can be represented by a private key and transformed into a cryptocurrency. By 2025, it’s estimated the world will emit 175 Zettabytes of data -- 5x more than today and expected to grow by a factor of 50. Most of this data is currently unusable, and the data that can be used is owned and controlled by centralized companies. A free and open market economy across all industries, governments, IoT devices, and more can exist for this data to be structured, tokenized, and available for global trading. The Storecoin blockchain and the STORE token will secure this new economy.
The Storecoin project is laser-focused first on securing its zero-fee settlement layer. Our team is researching and building this scalable and decentralized zero-fee payments infrastructure now. As security with scalability is proven, Storecoin will open up miner (dWorker) participation to anyone in the world. From there, the secure settlement layer can evolve into a p2p cloud platform for the decentralization of data and the creation of new, zero-fee tokenized apps (tApps).
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former GM of Amazon Web Services, Media and Entertainment
Matt Ocko
Venture Capitalist at Data Collective
Michael Terpin
Founder and CEO of Transform Group
Simon Yu
CEO and Co-Founder of Storm
Stephen McKeon
Finance and Economics professor at Univ. of Oregon
Nate Lubin
Former digital director for the Obama White House
Noah Ruderman
Former infrastructure engineer at Facebook
Josh Lawyer
Strategy Lawyer at Zuber, Lawler, and Del Duca LLP
Advisors
Ari Paul
Co-Founder and CIO of Blocktower Capital
James Staten
former GM+Chief Strategist of Microsoft Cloud
Financial
Token info
Token
STORE
Platform
Separate blockchain
Type
Original Blockchain
Price in ICO
0.1790 USD
Investment info
Raised
$3,500,000
Milestones
1
January 2018
Storecoin’s second milestone-based sale ends, adding 200+ wallets and $1.3 MM of Treasury.
2
March 2018
Storecoin pushes the Tendermint consensus to 169,00 transactions per second with 8 nodes.
3
April 2018
Storecoin’s consensus engine BlockFin becomes patent pending as to prevent malicious hard forks.
4
June 2018
Testing on BlockFin grows to 220 validator nodes and 40 message nodes.
5
July 2018
Storecoin releases a new inflation plan to be in alignment with sound money of gold and BTC.
6
August 2018
Community members are wearing $STORE tees in 56+ countries and our Telegram grows to 2,000+.
7
October 2018
First version of the Storecoin Wallet is released.
8
November 2018
Storecoin releases its governance of checks and balances for public peer review.
9
December 2018
Storecoin releases the first version of its zero-fee computing platform for internal peer review.
10
January 2019
The governance peer review mailing list grows to 70+.
11
February 2019
Storecoin joins the Messari Disclosure Registry; commits to fixed and long-term emission schedules for its treasury; the first simulation of our BlockFin BFT consensus algorithm is released.
12
March 2019
Storecoin releases its long-term plans for a zero-fee, p2p cloud computing platform with data-backed tokens (datacoins).
