It is proposed that this article be deleted because of the following concern:
If you can address this concern by improving, copyediting, sourcing, renaming, or merging the page, please edit this page and do so. You may remove this message if you improve the article or otherwise object to deletion for any reason. Although not required, you are encouraged to explain why you object to the deletion, either in your edit summary or on the talk page. If this template is removed, do not replace it . The article may be deleted if this message remains in place for seven days, i.e., after 13:43, 30 January 2019 (UTC). Nominator: Please consider notifying the author/project: {{subst:proposed deletion notify |STORJ|concern=A search for references failed to find significant coverage in reliable sources to comply with notability requirements. This included web searches for news coverage, books, and journals, which can be seen from the following links: <br /><span class="plainlinks">[https://www.google.com/search?as_eq=wikipedia&q=STORJ&num=50 STORJ]</span> – <span class="plainlinks">[https://www.google.com/search?q=STORJ&tbm=nws news], [https://www.google.com/search?tbs=bks:1&q=STORJ books], [https://scholar.google.com/scholar?q=%22STORJ%22 scholar]</span><br /> Consequently, this article is about a subject that appears to lack sufficient notability. Please see the [[WP:42|plain-language summary]] of our notability guidelines.}} ~~~~ |
 | The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations .(December 2018) (Learn how and when to remove this template message) |
Storj Labs is the provider of the Storj decentralized cloud storage network, and the company behind STORJ token, a cryptocurrency on the Ethereum blockchain that powers digital storage and data retrieval on its cloud storage platform. [1] [2]
A cooperative storage cloud is a decentralized model of networked online storage where data is stored on multiple computers (nodes), hosted by the participants cooperating in the cloud. For the cooperative scheme to be viable, the total storage contributed in aggregate must be at least equal to the amount of storage needed by end users. However, some nodes may contribute less storage and some may contribute more. There may be reward models to compensate the nodes contributing more.
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.
The Storj network is decentralized and uses end-to-end encryption. [3] The platform stores data for its customers’ applications across a distributed set of storage nodes, which utilize spare hard drive space from its community members, which it calls farmers. [4]
STORJ tokens are utilized as a payment method on the Storj network. When customers utilize the platform’s services, a portion of the STORJ token revenue is sent to the individual farmers who store the data, compensating them for the service they provide. [5] This is similar to other sharing economies, like Airbnb, connecting users and customers with a surplus of data storage. [6]
Sharing economy is an umbrella term with a range of meanings, often used to describe economic activity involving online transactions. Originally growing out of the open-source community to refer to peer-to-peer based sharing of access to goods and services, the term is now sometimes used in a broader sense to describe any sales transactions that are done via online market places, even ones that are business to business (B2B), rather than peer-to-peer. For this reason, the term sharing economy has been criticised as misleading, as some argue that even services that enable peer-to-peer exchange can be primarily profit-driven.
In March 2018, former Docker CEO and cofounder Ben Golub joined Storj Labs as Chief Executive Officer and Interim CEO. [7]
