Storj (STORJ)

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Storj (STORJ)

What is Storj?

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.

Key Facts & Snapshot

Symbol: STORJ
CoinGecko id: storj
Market cap rank (CoinGecko): #982
Categories: Storage, Harmony Ecosystem, Ethereum Ecosystem, DePIN, Energi Ecosystem
Genesis / launch date: 2017-06-19
Circulating supply (snapshot): 143,787,439
Total supply (snapshot): 424,999,998
All-time high (USD, CoinGecko): $3.81 (Mar 28, 2021)
All-time low (USD, CoinGecko): $0.0502 (Mar 13, 2020)