//STORE enables these computing, economic, and governance primitives

Zero-fee settlement-layer enables

Zero-fee, peer-to-peer value transfer

Fast transactions

Scalable transactions

Democratic and 2/3 censorship resistant governance (one entity, one vote)

Tokenized Data enables

Data to be open and tradable

Data to be programmable by third party apps and devices

Data to have a monetary premium (like $STORE, $BTC, $ETH, $EOS, and gold)

Datacoin revenue to be shared with users, citizens, more

…which enables these high-level use cases

Zero-fee settlement-layer enabled

Tokenized data enabled (p2p cloud)

High-level Use Cases

Fast, zero-fee, programmable payments for the public internet

Voting on the global rules of a decentralized, zero-fee digital asset

Zero-fee, 2/3 censorship resistant value transfer of data as a digital asset

Voting on the global rules of decentralized, open, and programmable data

A web2 app developer opening APIs for other developers to build with (for $STORE)

An IoT device developer live streaming datasets for anyone to access (for $STORE)

A health care system making a prized and rare dataset available (for $STORE)

An autonomous car or drone opening its ML-ready, live data streams (for $STORE)

A local government streaming IoT device data for anyone to access (for $STORE)

(If we publish, we’ll award you with 100,000 $STORE – enough to compete in founding mining auctions.)

While STORE transactions are zero-fee for both end users and developers, if STORE is initially deployed as n ERC20 token on Ethereum, applicable gas fees apply on Ethereum. All settlement transactions on Ethereum incur gas fees. When the ERC20 STORE tokens are swapped with native STORE token tokens, transactions will be settled on the STORE network and at that time, zero-fee transactions are resumed.

Stake $STORE

Earn $STORE rewards for securing and staking the $STORE zero-fee public blockchain.

How Staking $STORE works

During zero-fee settlement layer launch ages, STORE miners will be validating zero-fee transactions and voting in a one entity, one vote democratic governance. For transaction validation, STORE Labs, Inc. will provide software for miners to run on their computers and simple instructions to set up a private or public cloud instance to host STORE data (public clouds could be AWS, Azure, etc.). STORE miners will earn $STORE block rewards for the purpose of securing and storing the $STORE ledger. For governance, STORE will provide tooling to capture votes. Miners will only have a single vote, no matter their staking size.

Once governance is formally ratified, STORE can be upgraded from a zero-fee, p2p payments network into a p2p cloud computing platform where only 17 miners (existing or new) need to form a new Market for the purpose of mining data. Founding miners will have the option to continue only mining the zero-fee settlement layer, as well. STORE will provide a governance framework for miners to make economic decisions in their individual Markets. Miners will then have a single vote at the protocol level and a single vote in their own Market.

Read the $STORE Staking Paper

I’m an interested:

About the rapidly growing Proof-of-Stake industry

Total staked and locked up in USD as of January 10, 2020: Nearly $7 Billion

This may grow as the $20 billion Ethereum protocol transitions over to Proof-of-Stake.

Chart, design, and data from: StakingRewards.com

Total size of the public cloud computing market from 2008 to 2020

(in billion U.S. dollars)

Source: Gartner

//STORE is competing in the rapidly growing $7 Billion Proof-of-Stake economy and the $266 Billion public cloud computing economy.

The benefit of long-term staking: Compounding returns

First, the more sound a cryptocurrency’s long-term monetary supply is, the less diluted returns will be. Second, the longer a miner secures a proof-of-stake protocol and re-invests their staking rewards back into staking, the more tokens they’ll earn.

Inflation-adjusted, compounding returns for major protocols (Real Compounding Returns)

Read the full research at http://storelabs.org/iacr

Learn more how long-term staking works at http://storelabs.org/stakingcalculatoradvanced

Why stake $STORE?

Once a 1e1v governance is ratified, use your single vote in governance to charter datacoins.

In the settlement
layer-only

1

Earn staking rewards on your $STORE. Re-stake rewards for compounding returns.

2

Be part of a decentralized monetary system.

3

Help ratify a a 1e1v democracy and then, with a single vote in governance, charter datacoins.

Once datacoins
are voted in

4

As a $STORE miner, decide to upgrade your node to also mine data by providing developers with compute, storage, runtime, more (Storage miners on STORE are a ≈decentralized AWS™).

5

Now as a data miner, earn even more $STORE in exchange for selling your p2p compute and storage to tokenized apps (tApps).

6

If your Market of 17 miners votes to provide zero-fee compute to a tApp, instead of being paid $STORE, you’ll earn the tApp’s datacoins. This positions datacoin miners as a new type of YCombinator or Series A investor. This is how zero-fee, p2p compute exists. More

$STORE will have better Real Yields than leading Proof-of-Stake protocols

Low, non-compounding inflation of 20 Million maximum $STORE per year gives STORE a competitive advantage.

NameTickerDesignExpected Yield (APR) [2] Real YieldMarket Cap ($)Staking Requirements [3] Estimated Cost
STOREDyPoS
(Dynamic Proof-of-Stake)
Storage miner
13.90%

Validation miner
13.47%
Storage miner
11.40%

Validation miner
11.07%
$22.65MM
(STORE market cap
based upon today’s
Allocated Supply [5])
Storage miner
50,000 STORE minimum

Validation miner
10,000 STORE minimum
Storage miner
0.39 BTC / $3,450

Validation miner
0.08 BTC / $690
DOTNominated PoS20%9.09%$1B350 DOTs2.68 BTC / $23,661
ETHPoS (pending)Est. 4.00%4.3893%$17.6B32 ETH0.48 BTC / $4,224
ATOMDPoS9.65%3.0350%$543M1 ATOM0.00048 BTC / $4.31
TRXDPoS (switching to PoS)4.13%2.4338%$1.0B1 TRX0.0000015 BTC / $0.013
ADAPoS (pending)Est. 3.70%2.1648%$977M10,000 ADA0.039 BTC / $344
XTZLiquid PoS6.94%1.1771%$507M1 XTZ (Baker Roll: 8000)1.45 BTC / $12,800
XTZDPoS1.84%0.9901%$2.6B1 EOS0.00028 BTC / $2.46
XLMStellar Consensus Protocol1%0.9112%$1.2B1 XLM (0.05% of supply
for inflation destination)
0.0000051 BTC / $0.045

Sources: Binance Research, StakingRewards.com, Messari, $STORE Treasury

[1] Expected Yield on STORE are a blend of up to four founding launch phases before a one entity, one vote governance is ratified (1e1v)

[2] Real Yield is the annualized yield expected from staking, after accounting for a network’s inflation. Real Yield is calculated as the nominal staking yield adjusted for the inflation rate.

[3] Estimated costs are as of 12/18/19

[4] Estimated Costs on STORE are based upon a wallet owner having a 25% probability to win the founding Initial Mining Auction (IMA) of 68 seats. Miners earn block rewards for every block secured on STORE. Earning Power (EP) for a miner is proportional to their amount of $STORE staked relative to all other miners but it is limited to a single vote in a 1e1v governance. To increase EP, founding miners are incentivized to compete in all founding Initial Mining Auctions. To increase EP after the genesis block – to earn more of the maximum, non-compounding 20 Million $STORE annual block reward – miners are incentivized to compete in ongoing, quarterly IMAs. EP is capped by STORE’s security budget of which gives $STORE utility not just as a staking and security token but also as a zero-fee, p2p payments and value transfer token. Once datacoins are chartered by governance, $STORE will also be a utility token for buying p2p compute and storage resources for developers to tokenize, open, and therefore trade app or device data. Datacoins will be issued as a separate utility token on STORE. They’ll emit on the schedule of 1MB data = 1 datacoin. Each tokenized Web2 app or device will issue its own datacoin on the STORE cloud. With datacoins, developers will be able buy and build with each other’s streaming APIs and datasets. They can even pay their users.

[5] “Allocated Supply” means the number of $STORE tokens that are contractually obligated to be created and distributed to $STORE owners. These tokens are not yet circulating and cannot be resold. (Once they are created and distributed to $STORE owners, STORE will shift to using the term “Circulating Supply.”). Learn more at http://storelabs.org/about.


Learn more about how STORE launches, ratifies a 1e1v governance, and then upgrades into p2p cloud computing with datacoins at http://storelabs.org/launch

Review full research for this chart at http://storelabs.org/poscompare

See More

Our thesis: Mining datacoins may one day be more profitable than mining bitcoins

Centralized data centers (whether AWS or a private cloud like Facebook) are on their way to becoming the world’s largest data producers. As STORE brings data-rich, decentralized computing online. it opens up data with its “⅔ trust model” so data becomes tradable and programmable, while protecting data creator’s privacy. If open data reaches product/market fit, it would help drive the value of $STORE. So, one day mining datacoins may be more profitable than mining bitcoins while at the same time, not wasting the energy in the process.

If tokenizing data generates more revenue for developers than centralizing it in their own datacenters, these economics may slowly and then swiftly shift computing to the STORE p2p cloud. Storage miners – effectively a decentralized Infura – will inevitably operate p2p data centers within STORE Markets.

Facebook’s private data centers (2017)

Why data centers? At first, most $STORE mining, especially for the zero-fee settlement layer, will happen in public clouds like AWS. As costs of storage, CPU, and more grow, to maximize profits, Storage miners will be incentivized to find cheaper forms of them. p2p data centers are inevitable.


How decentralized //STORE can compete with centralized Amazon AWS™

$STORE block rewards can give STORE the tooling to eventually outpace public cloud incumbents.

ProviderCompute InstancesDistributed StorageLedger DatabaseTokenized Data MarketplaceML AnalyticsCollaborative StorageCloud BackupAI APIsData Storage & AnalyticsData VisualizationApplication Performance MonitoringSearchContent Delivery NetworkDocument DB
Standalone Company
Amazon EC2Amazon S3Amazon QLDB
Amazon SagemakerAmazon Drive WorkDocsAmazon Backup & RestoreAmazon RekognitionAmazon EMR, RedshiftAmazon QuicksightAmazon CloudwatchAmazon Elastic SearchAmazon CloudfrontAmazon Document DB
zero-fee
settlement layer

These tools will exist on STORE through three paths:

Markets (of 17 miners) develop these tools and can optionally license them out to other Markets in exchange for block rewards

The standalone companies of today and tomorrow can license their tooling to STORE markets in exchange for block rewards

Public clouds like Amazon AWS, limited by a single entity and single vote in governance, can license their tooling to STORE in exchange for block rewards

decentralized cloud computing
(with datacoins)
Third party clients

Learn more about $STORE block rewards at http://research.storelabs.org/blockrewards


The cost to purchase one basis point of all tokens mined in base layer protocols, in the first 10 years

$STORE is similarly priced to Ethereum at the time of its ICO in 2017

Data is as of 2/21/2020

*Review all data and methodology at https://research.storelabs.org/onepoint

For a chance to stake //STORE, first buy $STORE

Join BlockTower Capital, Footprint Labs, and more to compete in up to four founding mining auctions for a chance to secure $STORE, vote in governance, and pioneer datacoins.

$500 (xx BTC)

Purchase minimum

$35,000 (xx BTC)

100% chance of winning a Validation miner auction

$85,000 (xx BTC)

100% chance of winning a Storage miner auction

We estimate that owning $85,000+ of $STORE positions one to win a founding Storage miner auction and $35,000+ wins a founding Validation miner auction (PoS). STORE Labs, Inc. is conducting ongoing and invite-only Regulation D and Regulation S security offerings (up to $4.7 Million).

Estimates are based upon 100% of $STORE owners participating in the founding mining auction and the price of $STORE being $0.069. You can calculate your probability of winning the first STORE auction at http://research.storelabs.org/howtowin

How Initial Mining Auctions launch and continue to grow //STORE

STORE will launch across 3-4 founding Initial Mining Auctions into ~170 Proof-of-Stake miners before attempting to ratify a one entity, one vote governance (1e1v) . Once ratified, $STORE can be mined by an unlimited number of Markets (with 17 miners per Market). Governance votes to grow Markets through ongoing, quarterly IMAs.

View the Advanced Staking Calculator at http://storelabs.org/stakingcalculatoradvanced

Join the global //STORE community

….and earn a free // tee

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$STORE will change the world’s relationship to data.

DISCLAIMER

Nothing herein is intended to be an offer to sell or solicitation of offer to buy, STORE tokens or rights to receive STORE tokens in the future. In the event that STORE conducts an offering of STORE tokens (or rights to receive STORE tokens in the future), STORE 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.