Storj (STORJ)

$0.45

+5.12%

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Storj (STORJ) Price Real Time-Data

The live price of Storj (STORJ) is $0.45 with a 24-hour trading volume of $19.44M. Its 24-hour peak value is $0.49, and its 24-hour low is $0.43. The current circulating supply is 399.68M STORJ, leading to a fully diluted market capitalization of $181.81M. The Storj (STORJ) to USD price is updated in real-time.

What is Storj (STORJ)?

Storj is a decentralized cloud storage platform utilizing blockchain technology. It offers users a secure and distributed network of nodes to store their data, ensuring privacy through advanced encryption.

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FAQ

Who are the founders of Storj (STORJ)?

Storj was founded by Shawn Wilkinson and John Quinn in May 2014. Wilkinson, a software developer, envisioned a decentralized cloud storage network, while Quinn, with a background in business development, contributed to the project's inception and growth.

How many Storj (STORJ) are there?

Initially, about 500 million Storj tokens were minted, but after a token sale, approximately 75 million were burned. Currently, there are nearly 425 million Storj tokens in circulation.

What are the potential use cases for Storj (STORJ)?

Storj tokens are used within the platform for various purposes, including compensating node operators for hosting data, securing user data through encryption, and facilitating transactions within the network.

What is the history of Storj (STORJ)?

Storj was introduced in a white paper in December 2014 as a decentralized cloud storage platform. It underwent several iterations before launching its current version, V3, in mid-2019. Storj Labs Inc., the company behind Storj, successfully raised funds through a token sale and continues to evolve its platform to offer decentralized and secure cloud storage solutions.