Our most precious digital assets today include cryptocurrencies and the security of these assets is already at an unprecedented threat level. To protect these assets, we need a new cryptographic security platform – one that does not leave security centralized in a single place, with a single person, on a single device or in a single organization. We describe a new cryptostorage platform that is based on hierarchical Shamir's secret sharing. This platform enables new security and storage models, which are designed specifically for owners of crypto assets. We will show how decentralized cryptography and a decentralized storage network come together to form infrastructure that protects cryptocurrencies with full owners control, complete privacy, reliability and high availability. Owners of crypto assets can quickly setup distributed Vaults that are highly resilient and impenetrable to attacks on any part of the cryptostorage infrastructure. To power the cryptostorage platforms' day-to-day operations, we introduced a new ERC20 token, Vault Guardian Token (VGT), which is designed to incentivize all actors in the platforms' ecosystem.