#92. Storj (STORJ)
Price of 1 Storj (STORJ) = $1.12 AUD
Storj is an open-source platform that leverages the blockchain to provide end-to-end encrypted cloud storage services. Instead of maintaining its own data centres, Storj platform relies on a peer-to-peer network of individuals or entities sharing their storage spaces. The Storj project is owned and developed by Storj Labs Inc. Storj intends to facilitate a faster, cheaper, and secure file storage solution than traditional cloud storage platforms. To achieve its goal, Storj deploys several innovative technologies and methods to make sure that users are able to store and retrieve data in a fastest possible way while not compromising the security and integrity of data. Storj Labs Inc was founded in 2014 by Shawn Wilkinson with co-founders John Quinn. The company is headquartered at Atlanta, Georgia in the United States. Shawn was previously appointed as CEO, but in March 2018, he stepped down from the post to serve as CSO of the company. Shawn was replaced by Ben Golub (Ex-CEO of Docker) who currently serves as the Executive Chairman & Interim CEO. Co-founder John Quinn has been appointed as the Chief Revenue Officer. The company launched its initial coin offering (ICO) of the new tokens on May 19, 2017. At the end of the token sale on May 25, 2017, the company had raised about $30 million. Storj Labs allowed SJCX holders to exchange their tokens with the new ones in a 1:1 ratio through a token conversion campaign which lasted till October 2017. Storj Labs pre-mined its entire supply of tokens at the inception; no new tokens can be created via STORJ mining. Nevertheless, users can obtain STORJ tokens by becoming a farmer in the network. Another obvious way to acquire STORJ is through trading on a cryptocurrency exchange. Up until now, cloud storage companies have dictated the terms of service to their users, and as a result, there has been little to no competition within this digital sector. However, with the introduction of Storj, all of that may change." Check out CoinBureau for the full review on OmiseGo.
STORJ Price Analysis
The price of STORJ has gone up 3.25% in the past 24 hours.
Storj (STORJ) is a cryptocurrency token and operates on the Ethereum platform. Storj has a current supply of 424,999,998 with 198,578,922.42 in circulation. The last known price of Storj is $0.339333 USD and is down -1.98% over the last 24 hours. It is currently trading on 57 active market(s) with $22,371,917.208 traded over the last 24 hours. More information can be found at https://storj.io/.
Information & prices last updated 2 minutes ago. For latest Storj prices and information visit swyftx.com.au
Sam Bankman-Fried provides bailouts, Bitcoin dead searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25
3 days ago by Cointelegraph
First Mover Asia: Hong Kongs OSL Sees Strong Institutional Interest in Crypto, Despite Luna-Induced Volatility; Bitcoin and Ether Surge
5 days ago by CoinDesk
Crypto-industry leaders gather at World Crypto Economic Forum by Celsius
1 week ago by Cointelegraph
Filecoin Price Prediction 2022-2030: Whats the future for FIL?
1 month ago by Cryptopolitan
Information and prices shared on this web page may not be assumed as correct, nor used as financial advice. Please do your own research before investing. And you can help us keep this up-to-date report outdated information to us. Thank you.