NEWS: We’re no longer Storecoin – we dropped the coin. We’re now simply STORE. Our logo can be typed //.

Data should be open and tradable so the world can build with each other’s data. $STORE incentivizes it.

NEWS: We’re no longer Storecoin – we dropped the coin. We’re now simply STORE. Our logo can be typed //.

//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.

Data should be open and tradable so the world can build with each other’s data. $STORE incentivizes it.

//STORE is the zero-fee payments network and decentralized cloud that will transform data into open, tradable, and programmable money called datacoins.

Tokenized data. Decentralized compute. Governed by fault tolerant democracy (one entity, one vote).

Investors


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What others are saying about STORE

Formerly known as Storecoin

@storecoin is one of $crypto's best kept secrets.

Digital constitutions are tricky. This is exactly why the US has judicial system - to interpret the constitution. All of this makes me increasingly bullish on long term prospects for @storecoin - modelling governance after US checks and balances

Storecoin's economic & governance models really make it stand out. A top 10 coin for the future. Research it, you'll find it to be a gift. Merry xmas y'all

TL; DR - @facebook's not-so-hidden attempt to replace fiat currencies w/ an *equally centralized*, *even more opaque*, *0-governance* Stablecoin is why you should check out @storecoin I like this "distributed republic" governance model & math behind it

One of the cryptocurrencies use case projects that has a legitimate change at success, @storecoin has a very long-term mindset focused on governance and mechanism design through incentives. Will be a fun project to follow over the next 8+ years.

me too. I love @storecoin - very ambitious and super smart project that could redefine the way internet works. Zero fee and decentralized governed infrastructure that could replace AWS or data management or facebook completely. But it's veeeery long road.

One of the few protocols that keep making advancements during this bear market 👌
By the time they're released to the public, you'll have wished you got in before 💯 @storecoin.

AlphaBit is excited to be invested in Storecoin, a project boasting an incredibly talented team and fascinating approach to market governance under a digital constitution.

//STORE makes data profitable

STORE is an incentivized, zero-fee computer that can secure and store open and tokenized data in a way that drives real revenue for app and device developers, STORE miners, and even end users.

Miners make money

Developers make money

Data creators can make money

The problem with data today

The public cloud centralizes data. Developers give proprietary access to a single cloud provider and then get locked-in with high costs when they want to take data off. There is no decentralized alternative. The internet therefore remains controlled by those who control the data.


Our Solution

A decentralized cloud where the miners of //STORE collectively become a new type of AWS™. App and device developers tokenize, open up, and trade their data, algorithms, and APIs with other developers. When data is purchased, developers can pay their users.

With STORE, developers aren’t limited to a single cloud. Their proprietary data isn’t locked in. Instead, data is secured and stored on a shared and decentralized blockchain hosted by a global network of miners who only have a single vote in governance – no matter the size of their mining stake.

STORE is a marketplace for decentralized storage and data to re-imagine what can be invented.

Innovation with machine learning and machine intelligence can flourish.

The market today: Data is exploding

By 2025, it is estimated the world will emit 175 zettabytes of data – 5x more than to today. With the explosion of sensors, devices, robotics, and autonomous vehicles – not just apps – data is likely to grow even faster.


The reality: Data grows in value if refined and machine learning-ready

To drive 20th century economic transformation, crude oil had to be refined into plastics, gasoline, chemicals, and more. Like crude oil, “crude data” gains more economic value as it becomes clean and labeled. Once refined, data becomes the raw material for machine learning and real-time intelligence to transform any industry or computing environment.

Our Secret: //STORE incentivizes machine learning to get to scale, faster

//STORE provides economic incentives for tokenized apps and device developers to produce clean and labeled datasets, APIs, and algorithms for other developers to buy and then to build with. The more machine learning-ready that tokenized data is, the more demand there will be from data buyers – especially those building ML-powered apps, sensors, devices, and robotics.

The more demand for tokenized data, the more //STORE can rewire and open up information networks.


Buying, selling, and building with datacoins is how machine learning and machine intelligence scales faster in any industry or government. Learn more

How tokenized data works

On //STORE, data is secured by a private key. This data can then be traded when a buyer purchases access to the private key. There are no fees for transactions in the datacoin economy.

Open data finally has a business model: datacoins

Data is open
Data becomes a new type of programmable money called a datacoin (tokenized data). Each tokenized Web2 app or device issues its own datacoin.
Data becomes programmable
Instead of building on a centralized cloud like AWS, developers build their app or device with open and tokenized data on STORE.
Data becomes tradable
Tokenized data makes data a tradable commodity. Data is traded on the schedule of 1MB of tokenized data emits 1 datacoin.
Data generates revenue
Open, programmable, and tradable data generates revenue for developers. STORE miners generate revenue by providing infrastructure to developers.
Data revenue is shareable
Developers can share revenue with data creators whose data is traded. STORE’s default encryption and anonymization protects data creator’s privacy.

How datacoins compare

$STORE is the unit of account for the datacoin economy enabling fungibility

Datacoins will be a new crypto asset issued on the STORE zero-fee blockchain

Conceptually, datacoins are private keys for the data they represent.

Datacoins will enable real-time machine-to-machine coordination, commerce, and workflows

Datacoins empower broad data hosting and sharing that will incentivize even governments to participate

Learn more at http://research.storelabs.org/datacoins

$STORE Use Cases

Zero-fee settlement-layer enabled

Tokenized data enabled (p2p cloud)

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.)

Our Team

Co-creators Rag and Chris have been building together for nearly a decade. They both vest for 8-years. Advisors are hands-on and very strategic. They vest for 8-years. Other core team members vest for 4-years.

Team Members

Chris McCoy (Creator)
One of Marc Andreeseen’s 55 Unknown Rockstars in Tech
Rag Bhagavatha (Co-Creator, CTO)
Helped scale Apple’s iCloud, Cisco’s WebEx, and more

+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
Micheal 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
Amit Pradhan
President of SVBS; Chairman of Zero/Rainfall; GP at JetVentures.

Partners

Public Disclosure Registry
Securities law firm
OTC Partners
OTC Partners
$100k in AWS Credits
Silicon Valley Blockchain Society

Our Latest Research

We’re a long-term research, validate, believe, and then formally verify team.

The Staking Paper
A 10-page overview of how, why, and the economics of staking $STORE
READ THE PAPER
Staking Calculator for $STORE
Tell it how many $STORE tokens you want to stake and it’ll estimate your staking yields across all founding launch phases.
BUILD YOUR OWN ECONOMIC MODEL
How //STORE launches and upgrades
From a zero-fee p2p settlement layer, to a ratified governance, to a tokenized data computing platform.
READ THE PROPOSAL
Datacoins 101
How open and tokenized data becomes a tradable commodity that can transform computing.
READ THE RESEARCH
About BlockFinBFT consensus
Learn how a pipelined and parallel two- tier division of labor in consensus enables secure and scalable transactions on STORE without sharding, off-chain, etc.
READ THE RESEARCH
About 1e1v governance
Governance that is 2/3 BFT fault tolerant for the miners and developers, by the miners and developers.
READ THE PROPOSAL
The //STORE Litepaper
A 20-page high-level overview on how STORE upgrades from a scalable zero-fee settlement layer into a p2p cloud where data is tokenized
COMING SOON
READ THE PAPER
Register for our Ice Age test net
Earn real $STORE tokens for participating in our upcoming governance and consensus test net.
READ THE RESEARCH

SEE ALL RESEARCH


About $STORE //

The zero-fee payments network and decentralized cloud that will transform data into open, tradable, and programmable money called datacoins. Governed by fault tolerant democracy (one entity, one vote).

Section: p2p currency and and decentralized cloud

Category: Infrastructure (a layer one public blockchain)

$0.069

(latest price in private sales)


Supply Details
Allocated Supply [1]370 MM
Authorized Supply[2]385,860,702
Market Cap (if trading)$26,624,388
Y2029 Max Circulating Supply818,578,785
% Total Supply Sold-To-Date16.06%
% Remaining To-Be-Sold5%-15%
Earliest Keys To Be ReleasedQ3 2020
1-Year Post-Launch Data
1-Year Market Cap$35.50 MM
1-Year Liquid Supply514,554,094
Token Details
Token TypeNative
Name of Token$STORE
Token Usage: $STORE begins as a zero-fee payment (utility), staking (work), and governance token (once staked). The security budget on STORE enables both utility and work.

Once the STORE p2p cloud launches, $STORE also becomes a utility token for purchasing p2p compute resources from miners and a utility token for purchasing data rights from the tokenized data marketplace.

$STORE will be the unit of account for the global datacoin economy.
Supply Snapshot
TypeStaking Rewards
Genesis Supply1 Billion STORE
Ongoing Emission TypeInflationary
Max Inflation Per Year20 Million STORE
Inflation ScheduleWill fluctuate to incentivize a maximum of 10% to 51% of $STORE staked.
Emission ScheduleWill decrease yearly but the project has committed to a predictable 1,000-year max emission schedule for its Foundation-controlled Treasury

[1] 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.”).

[2] Authorized Supply means the $STORE tokens that have been authorized by STORE Labs, Inc. to be issued for the purpose of growing the $STORE ecosystem over 100-year and 1,000-year periods. There are 1 billion authorized $STORE. New $STORE may be authorized in the future but only through a governance vote. As of today, it's expected the first Authorization attempts will begin in 2037-2038 where, by 2039, STORE will need to gain governance approval to continue using a maximum of 20MM inflationary block rewards for protocol security. Tokens from the 1 billion Authorized Supply that have already been contractually obligated are called Allocated Supply.

How $STORE will release to owners

A $STORE owner will receive 10%-20% of their vested tokens at the Token Release Date (TRD). The TRD will be dependent upon the results of the next $STORE Milestone Token Offering (details coming soon). After the TRD, $STORE owners receive 5%-10% every quarter until the first launch phase of the STORE test network called "Ice Age" (the first phase is a staking auction for the test net). If the first phase of Ice Age doesn't launch within 9 months of the TRD, owners will receive an extra 5%-10% every quarter until phase 1 of Ice Age launches. Once phase 1 of Ice Age is launched, owners will receive 5%-10% of their remaining $STORE on a monthly basis. All release schedules are subject to vesting. Transferability subject to applicable holding periods as may be required by local law. Learn about Ice Age at http://storelabs.org/iceage.

//STORE builds treasury with Milestone Token Offerings (MTO)

STORE may open up 1-2 additional MTOs before mainnet launch.

Milestone Token Offering (MTO)
Private Sale

Visit http://storelabs.org/treasury to learn more about Inflation and Emission Schedules


Long-Term Treasury Schedule for $STORE

This chart shows the maximum amount of Allocated Supply that is estimated to be unlocked by the end of each year, per the upcoming $STORE Staking Election. Through the election, $STORE owners will be formally canvassed on their intent to secure the STORE protocol for 1-to-4-year periods. Based upon their commitment to mining, the size of their $STORE holdings they will compete with for founding launch auctions, and the length of their time commitment to mining, $STORE owners will receive additional bonuses and an earlier unlocking schedule.

NOTE: The total tokens sold are based on only what has been sold to date. $STORE anticipates to sell up to 100MM $STORE in the future with up to 40 MM STORE being sold in 2020.

Visit http://storelabs.org/blockrewards to learn how block rewards work


The First 10 Years: Maximum $STORE Inflation and Emission

STORE has a predictable maximum emission and inflation schedule. Before governance ratification, the schedule is fixed. If it needs to be changed, STORE Labs, Inc. will seek consensus from long-term major investors. Once governance is ratified, the protocol’s decentralized monetary system will need Judicial Branch and then Miner Branch approval before long-term treasury can be modified.

Year20172018201920202021202220232024202520262027
Maximum Yearly Emissions from Inflationary Rewards20 MM20 MM20 MM20 MM20 MM20 MM20 MM
Maximum yearly emission from Ecosystem, Team and Advisors, Founding Block Rewards, and 1,000-Year Treasury Fund26.5 MM50.9 MM65.0 MM72.3 MM92.6 MM62.6 MM52.6 MM52.6 MM42.6 MM12.6 MM7.6 MM
Token Sales [3]80.1 MM40.3 MM40.3 MM6.9 MM
Max Per Year106.5 MM91.2 MM105.3 MM79.2 MM92.6 MM62.6 MM52.6 MM52.6 MM42.6 MM32.6 MM27.6 MM

The cost of decentralized computing is too high! //STORE solves.

//STORE is the only layer one infrastructure project engineered from the ground-up to enable data-rich, decentralized computing that competes with with AWS™ on costs. As state grows, both mining and building on STORE can be profitable. Data-light, decentralized computing protocols cannot be data-rich.

Decentralization premium [1]
(as a multiple of centralized cloud computing cost) for transaction senders

Data-light, decentralized computing

Decentralization premium [1]
(as a multiple of centralized cloud computing cost) for transaction senders

x 3.3M ($1,137*)

x 68 ($192**)

x 3.8M ($10.7M**)

x 20.9M ($58.6M**)

x 2.2K ($0.756*)

x 1.89K ($0.651*)

Compared to:

x 1 ($0.000344 for data-light apps* and $2.804 for data-rich apps**)

Data-rich, decentralized computing

Decentralization premium [1]
(as a multiple of centralized cloud computing cost) for transaction senders

Settlement transactions — Zero-fee

Tokenized app transactions — x1.78 ($4.979**)

Compared to:

x 1 ($0.000344 for data-light apps* and $2.804 for data-rich apps**)

[1] Read our Cost Per Thousand Transaction (CPT) research at http://research.storelabs.org/cpt. It compares the computing costs between decentralized p2p infrastructure like //STORE and centralized infrastructure like AWS.

* data-light app: 512 bytes of storage and 20ms runtime per transaction.

** data-rich app: 9.26MB of storage and 1 second runtime per transaction.

How //STORE solves for scalability, decentralization, and data-rich computing without sharding, off-chain transactions, etc.

At launch, we expect 5,000+ transactions per second and throughput to increase as transaction demand increases.

At a glance

Validation miners receive transactions from clients and send batches of validated transactions to the Storage miner network.

Storage miners gossip to sync transaction batches with each other. At the end, they assemble transactions into pre-existing blocks.

Validation miners validate the assembled blocks with a multi-stage, pipelined process. They sign the blocks at the end of each stage.

STORE’s leader-free, BFT consensus algorithm BlockfinBFT, validates blocks in a pipelined process.

BlockfinBFT is a two-tier network of Validation miners and Storage miners, each with specific roles to assemble and validate blocks using a cryptographically secure process.

Learn more about BlockFinBFT: http://research.storelabs.org/blockfinbft

Learn more about STORE governance: http://storelabs.org/governance

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

STAKE $STORE

$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

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

Help // Grow

$STORE is now the leading candidate to become the global p2p digital asset for securing datacoins.

Register for our Ice Age test net
Earn real $STORE tokens for participating in our upcoming governance and consensus test net
REGISTER FOR ICE AGE
Start a conversation (or join one)
Discuss governance, BlockFinBFT, economics, and more on our public Discourse.
START CHATTING WITH STORES
Join the // meme challenge
If it can’t be memed, then it doesn’t matter™. Get the official colors, fonts, logos, and founding memes to make your own // memes. We might share! We might even airdrop you some $STORE.
JOIN THE MEME CHALLENGE
Bring // to your event
For the chance to publicly tell the story of tokenized and open data, our core team will travel (far).
REQUEST A SPEAKER

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.