Stay updated on Storecoin

Zero-fee, p2p cloud computing.

Storecoin will transform data into cryptocurrency (into datacoins).

Coordinated by a governance of checks and balances.

Our Token Partners


Our Team

Team Members
Rag Bhagavatha (Co-Creator, CTO)
Helped scale Apple’s iCloud, Cisco’s WebEx, and more
Antone Johnson
General Counsel
Charles Belle
Head of Compliance
+15 OTHERS
Advisors
Ari Paul
Co-Founder and CIO of Blocktower Capital
James Staten
former GM+Chief Strategist of Microsoft Cloud
Mark Ramberg
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 Lawler
Strategy Lawyer at Zuber, Lawler, and Del Duca LLP
The Crypto Dog
Full-time Blockchain investor / Market commentator
Partners
Public Disclosure Registry
Securities law firm
OTC Partners
OTC Partners
$100k in AWS Credits

What others are saying about Storecoin


Storecoin(STORE)
Zero-fee payments and zero-fee cloud computing (with datacoins)
Sector: Tokenized App Platform
Category: Infrastructure
$0.099 (latest price in private sales)

Current Market Cap
$22.32 MM
Current Circulating Supply
225,514,401
Y2029 Max Circulating Supply
928,454,381
Treasury Sold-to-date
$3.5 Million
% Total Supply Sold-to-date
13.8%
% Remaining To-be-sold
25%
# of Future Milestone Sales
1 to 3
Earliest Keys To Be Released
Q4 2019
Token Details
Token Type
Native
Name of Token
STORE
Ticker
STORE
Token Usage
STORE begins as a zero-fee payment, staking (work), and governance (once staked) token. Once its p2p cloud platform launches, STORE will also become the utility token for purchasing p2p compute resources from miners and for purchasing data rights from the tokenized data marketplace.
Supply Snapshot
Type
Staking Rewards
Genesis Supply
1 Billion STORE
Ongoing Emission Type
Inflationary
Max Inflation Per Year
20 Million STORE
Inflation Schedule
Will fluctuate to incentivize a maximum of 51% of STORE to be staked
Emission Schedule
Will decrease yearly but the project has committed to a predictable 1,000-year max emission schedule for its Foundation-controlled Treasury
Support for Storecoin grows as key milestones are delivered
Storecoin may open up an additional 1-3 Milestone Token Offerings (MTO) before mainnet launch
Milestone Token Offering (MTO)
Private Sale
Next MTO (Projected)
Visit http://storecoin.com/treasury to learn more about Inflation and Emission Schedules

Storecoin's Supply Curve
Messari Disclosure
Registry Verified

How Storecoin Compares

*For live networks, decentralization is based on current status, not future goals

*Inspired by research from Tom Shaughnessy and Delphi Digital

*View data used in the graphic at http://storecoin.com/compare

Storecoin Aims to Become the Preferred Cryptocurrency for Permanently Zero-fee, Fast, and Scalable Payments

Speed
(per block)
Cost
(per transaction fees)
Scalibility
(transactions per second)
Storecoin (STORE)
*Estimates based upon our current R&D.
<100 milliseconds*Dependent upon the incoming transaction rate and parallelism achieved.Zero-Fee for Users and DevelopersPaid for with up to 2% yearly token inflation, or a maximum of 20 Million $STORE per year.
5,000+ TPS at launchusing 22 to 220 validators during launch NOTE: Storecoin is on a path to unlimited p2p nodes securing the network with many thousands of TPS
See More
Bitcoin (BTC)
10 mins$0.04 to $0.50+2-6 TPS+10000 active Miners
Ethereum (ETH)
13-15 secs$0.04 to $0.33+15-20 TPS+10,000 active Miners
Dash (DASH)
2.63 mins$0.39 to $0.58+28 TPS+4,800 active Masternodes
EOS (EOS)
*Claims from whitepaper and blog posts
0.5 secsZero-Fee for dApp Users but Developers Must StakePaid for with 5% yearly token inflation. Developers must buy and stake tokens to enable free transaction (a SaaS model)No data available, 50,000 claimed21 maximum Block Producers
Ripple (XRP)
2-4 secs0.00001 XRPEquivalent to a fraction of a penny1,500 TPS70+ Validators
Cardano (ADA)
*Claims from whitepaper and blog posts
20 secs~0.15 ADAEquivalent to $0.035 USD250 TPSNo data available for decentralization
Stellar (XLM)
3-5 secsFraction of a pennyFees go into a pool that is distributed back to the community via inflation spending1,000 TPS64 Validators
Tezos (XTZ)
*Claims from whitepaper and blog posts
60 secsFees can be optional but can expedite the transaction speed40 TPS64 Validators
Neo (NEO)
15-24 secsFree for basic transactionsUndetermined fees for smart contact-based transactions1,000 TPS7 hard-coded Validators

How Storecoin compares to traditional, fiat-powered payment infastructure

Payment SystemSpeedCost
(per transaction fee)
Scalibility
(transactions per second)
Storecoin (STORE)
*Estimates based upon our current R&D.
<100 milliseconds*Dependent upon the incoming transaction rate and parallelism achieved.Zero-Fee for Developers and UsersPaid for with up to 2% yearly token inflation, or a maximum of 20 Million $STORE.
5,000+ TPS at launchusing 22 to 220 validators during launch NOTE: Storecoin is on a path to unlimited p2p nodes securing the network with many thousands of TPS
See More
Visa
Swipe Card: < 2 secs
Chip Card: < 5 secs
$0.10 plus a 1.51% of transaction feeUp to 24,000 TPS-5,000 TPS is generally believed for VISA1,600 network endpoints
PayPal
Less than 2 seconds for PayPal but 3-5 days for banks to process$0.30 plus %2.9, varies for foreign payments450 TPSCentralized servers hosted by PayPal
Stripe
Near Instant2.9% + $0.30 for each successful card charge20 TPS (rate-limited by Stripe)Likely near-instant payments
Western Union
A few minutes to a few days10% for small transactions
1% for larger transactions
30 TPSCentralized servers hosted by Western Union 500,000+ locations
SWIFT
1 to 5 days$15-$35 for Domestic
$15-$45 for International
350 TPSProvides communication for 10,000,000+ institutions

How the Storecoin zero-fee public blockchain evolves from p2p payments into p2p cloud computing (with datacoins)

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).

The era of zero-fee, p2p computing with datacoins will be born.

Throughout this evolution, Storecoin’s governance moves from informal (but present), to semi-formal with voting, to fully ratified and formal.

Once ratified – estimated to be between 2021-2022 – Storecoin will be fully decentralized.

Release AgeTypeEst. Launch Date# of dWorkers (miners)**Est. cost to run a node (annual)***Est. Yield****Security Budget / *****Inflationary Rewards (yearly)Path to Decentralization (governance)
GenesisR&D with public peer reviewsMay 2017 to Q4 2019None: R&DNone: R&DNone: R&DNone: R&D8-year vesting on founders; milestone- based token sales-only; a 6-month public peer review on our governance proposal; Storecoin joins the Messari registry for public disclosures on Treasury; a long-term Treasury Schedule is released allowing for predictable maximum yearly emissions; all decisions are made by Storecoin, Inc. but the public peer review network acts as a check and balance on changes.

Storecoin open sources its economic model projections for each launch phase – from its zero-fee settlement layer to its zero-fee computing platform. These models account for dWorker costs of hardware, compute, data storage, internet connectivity, load balancers, firewall, and more. The models back into potential break-even requirements and potential gross profits for dWorkers which are derived from the Yield – the annualized tokens earned relative to the estimated dWorker stake size and the active security budget for the blockchain.

* To build your own Yield models, start at http://storecoin.com/stakingeconomics


Our Milestones

MILESTONETYPESOURCE
Apr 2019 SourceStorecoin launches its Research Division releasing specs on its address schema, its staking economics, and compares BlockFin to other consensus algorithms like Tendermint; 40% of the current STORE circulating supply indicates interest in staking Storecoin Source
Mar 2019 SourceStorecoin releases its long-term plans for a zero-fee, p2p cloud computing platform with data-backed tokens (datacoins) Source
Feb 2019 SourceStorecoin 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 Source
Jan 2019 SourceThe governance peer review mailing list grows to 70+ Source
Dec 2018 SourceStorecoin releases the first version of its zero-fee computing platform for internal peer reviewSource
Nov 2018 SourceStorecoin releases its governance of checks and balances for public peer reviewSource
Oct 2018 SourceFirst version of the Storecoin Wallet is releasedSource
Aug 2018 SourceCommunity members are wearing $STORE tees in 56+ countries and our Telegram grows to 2,000+Source
Jul 2018 SourceStorecoin releases a new inflation plan to be in alignment with sound money of gold and BTCSource
Jun 2018 SourceTesting on BlockFin grows to 220 validator nodes and 40 message nodesSource
Apr 2018 SourceStorecoin’s consensus engine BlockFin becomes patent pending as to prevent malicious hard forksSource
Mar 2018 SourceStorecoin pushes the Tendermint consensus to 169,00 transactions per second with 8 nodesSource
Jan 2018 SourceStorecoin’s second milestone-based sale ends, adding 200+ wallets and $1.3 MM of Treasury Source

See our engineering roadmap here




About our BlockFin BFT consensus algorithm

📖 Blockfin Presentation
How Storecoin solves for both scalibility and decentralization without shading, off-chain transactions, level 2, etc.
📺 A simulation of Storecoin's BlockFin BFT consensus algorithm
BlockFin is the leaderless, asynchronous, BFT consensus algorithm from Storecoin
🖊 Storecoin Q1 Engineering Updates
Q1 2019 was extremely productive for Storecoin on the engineering front. Here are a few of the key highlight activities.
🖊️ BlockFin compared to other consensus algorithms
This document compares Storecoin’s BlockFin consensus algorithm to some of the popular Byzantine Fault Tolerant (BFT) consensus algorithms to answer the following question.
🖊️ Why Storecoin's BlockFin Consensus Algorithm Matters
Dive into the parallels between the early oil industry and waste and BlockFin
🔬 BlockFin Database Schema
This document describes the database schema for the Storecoin blockchain.
📺 Ivan on Tech on Storecoin’s Blockfin
Ivan on Tech discusses BlockFin - a new consensus algorithm by Storecoin
📖 Trustlessness and Security in Storecoin
An analysis comparing it with Bitcoin to help understand these properties in Storecoin
⏱️ Engineering timeline for BlockFin
Anticipated roll-out of the BlockFin BFT consensus algorithm
🔬 Storecoin open sources Basil, a proposal to improve for the Tendermint consensus algorithm
Tendermint is a BFT consensus algorithm powering the Cosmos project and more.
🔬 Storecoin's early experiment with Tendermint-based consensus algorithm that led to the BlockFin research achieves +10,000 TPS with burst traffic and 21 Validator nodes
Storecoin’s mission is to become zero-fee payment infrastructure for the global internet. The Dynamic Proof of Stake (DyPoS) consensus engine powering the Storecoin infrastructure is designed to process thousands of transactions per second. When transactions arrive continuously but at lower rates, the consensus engine is capable of handling the incoming transactions, but how does it behave when transactions come in bursts? When Storecoin is used as the payment platform by merchants and app developers, the transactions are likely to come in bursts from multiple sources. So, we need to characterize the behavior of the consensus engine under such circumstances.
📖 BlockFin consensus algorithm peer review
Join Storecoin's Peer Review working group for its BFT consensus algorithm "BlockFin"

See all at https://research.storecoin.com/blockfin


Read our governance essays

8. The Launch "Ages" of Storecoin
How Storecoin evolves from zero-fee, p2p payments to a zero-fee, p2p cloud computing platform
7. Day One Governance
Why Governance Must Be Articulated From Day One
6. How To Enable Democratic Blockchain Governance Through One-Entity-One-Vote
Ending Plutocracy & Enabling Democracy In Blockchain Governance: An Overview Of One-Entity-One Vote And Know Your Voter
5. A Separation of Powers in Storecoin’s Decentralized Governance of Checks and Balances
How formal and enforceable roles prevent gridlock when miner, developer, and holder interests diverge
4. Reimagining Property, Rights, and Enforcement In The Blockchain Context
The foundation of markets are property rights and the enforcement of contracts. Without protected private property, market participants can’t lay claim to the goods they sell or buy in the market. Without contract enforcement, participants have to trust trading counterparts with no hope of recourse.
3. An Overview of Storecoin's Governance
Towards a ‘decentralized republic’ model of blockchain governance
2. Blockchain Governance, Trade Offs, and the Importance of a Checks-and-Balances based Decentralized Governance
Session 2 of Storecoin’s public peer review of its p2p governance.
1. Announcing the Storecoin Governance Peer Review Process & Working Group
Storecoin is pleased to announce our first peer review and working group, focused on governance. Through this, we will bring our community together to learn about and provide input on a full spectrum of governance issues. This process will take place through public comments on prepared documents and via a public email group, a final spec generated from the working group, and ultimately culminate in the third Storecoin GovCon in 2021.

See all at http://storecoin.com/governance

Our Core Team is spreading STORE globally


All money is trust, and belief in STORE is on the rise

Earn a free Storecoin tee by Join our Community

DISCLAIMER

Nothing herein is intended to be an offer to sell or solicitation of offer to buy, Storecoin tokens or rights to receive Storecoin tokens in the future. In the event that Storecoin conducts an offering of Storecoin tokens (or rights to receive Storecoin tokens in the future), Storecoin will do so in compliance with all applicable laws which may include the Securities Act of 1933 and the rules and regulations promulgated thereunder, as well as applicable state and foreign law. Any offering for sale to US Persons in a regulated transaction will be pursuant to a registration statement qualified by the Securities and Exchange Commission, or an applicable exemption from the registration requirements.

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