Sharder Protocol?—?The Airbnb of Blockchain Storage
The Airbnb of Blockchain storage — With 12 Twitter Followers & Only 742 Followers this is the Cryptocurrency you need to know about.
What is it?
Analogous to Airbnb, the Sharder public chain once deployed constructs a decentralized, secure, efficient, & permanent sharing network where users can share their extra storage space for Sharder tokens.
Why is it necessary?
1) Flaws in cloud storage solutions
2) Rapidly decreasing global storage space
3) Wasted storage space
How does Sharder Protocol solve these problems?
The cloud is thought to be the ultimate data solution but it is far from perfect. Sharder Protocol aims to fix the problems that come with cloud data solutions:
1) A lack of security
2) Impermanence of data
3) Slow user experience
4) Prohibitive costs
5) Idle storage space
Sharder Protocol uses Sharder-UTXO original and Sharder-KEY PAIRtechnology to ensure that data cannot be accessed without credentials. Sharder also employs offline data encryption & spontaneous data sharding to ensure maximum security/privacy.
The Sharder Network is decentralized & autonomous. User data is stored on distributed nodes that are perpetually online. Not only does the user maintain complete control of their data but they never need to worry about losing data due to technical malfunctions.
The cross-chain Sharder Network is comprised of countless nodes with unlimited extendibility. In real-time, watcher nodes synchronize the entire network, reduce redundancies, and increase space utilization. Smart routers are also used to optimize the performance of the network in high stress situations.
Currently, due to inefficiencies, data centers are expensive to operate. As a result, those in control of the data centers charge users high prices to access the data. Sharder Protocol’s One Fair Market ensures that the prices on the Sharder ecosystem are fully controlled by its subscriber’s data supply & demand.
Subscribers who open up their idle storage space to the Sharder Network will be compensated with Sharder tokens which can be used in the One Fair Market or sold on external exchange markets. This incentivizes users to open their idle storage space to the Sharder Network.
Decentralized Applications on the Sharder Network
In addition to its use in storage, Sharder Protocol can also host DApps. The Network currently holds four main DApps:
One Fair- A transparent, open-source, peer-to-peer free market based on the Sharder Chain & Sharder Protocol. Users on the network will be rewarded with Sharder tokens for allowing Sharder Network to utilize their idle storage space. These tokens can be used on One Fair to purchase data or sold on an outside exchange. One Fair will also enable users to trade digital assets, verified data, & valuable information with one another.
Bean Cloud- An application which provides storage, proof, & security services for data. Bean Cloud will store data such as e-contracts, payment vouchers, and investment records in the Sharder Network. It can be utilized by many industries including, but not limited to, banks, medical care & e-commerce.
Sharder Matrix- Stores an individual’s personal data such as their biological data (DNA), medical records, and growth logs.
Sharder Brain- An intelligent data service for individuals & enterprises. Sharder Brain will develop AI, smart devices, IoT, & unsupervised learning.
Token Purpose
Sharder tokens can be used on One Fair to make purchases/trades and/or sold on outside exchanges.
Partners/Investors
o Unconfirmed — Origin Protocol
o ZBJ — The leading online services network in China. Hosting >10M professionals & 6M enterprises.
o YijiPay — Ranked 3rd on Deloitte’s High Tech, High Growth in China rankings. Third party payment platform with International payment & settlement channels with VISA, Global Collect, World Pay, & MasterCard.
o Taogushen — Capital of 100M. An internet service platform for matching financial & securities investment.
o Bornsoft, Cash Group, Tairen Law Firm, SeaChange, Aorong Group
o Xchange/Galaxy eSolutions — Blockchain for Nonprofits/Global eCommerce
Team (21 Members)
CEO/CTO Ben Xiong: Ben has 15 years of experience in programming and was the Architect of multiple organizations including: Seachange & Yiji Pay. He is the current CTO of Taogushen and founder of Conch Chain.
COO Wayne Shao: Wayne has 15 years of experience in business management, operations, & entrepreneurship. He has an MS from Columbia and is the Co-Founder and COO of Taogushen.
Other Notes: Team members with prior experience at Ali Pay & Tencent.
ICO & Token Information
Coin Price (ICO)
1 SS = $0.0357
Total Supply
500 Million SS
Initial Circulating Supply (Assume sellout of Private sale)
250 Million SS
ICO Date:
February 23 — March 23 (until hard cap is reached)
Tokens distributed within 7 days after end of crowdsale.
Hype
Telegram Members (As of 2/1): 741 Members
Positives/Negatives:
Positives:
o Extremely large & qualified team with experience working together
o Low cost with a low circulating supply (250M) — Great opportunity
o Very unknown
o Large amount of partners/investors
o Token has great utility
o Sharder Protocol solves a real world problem with storage
o Competitive advantage (see chart):
Negatives:
o Limited information on technology available in English Whitepaper
o Sharder Protocol team has been very unresponsive in Telegram
o Unsure if the team is working on Taogusen simultaneously with Sharder Protocol
o Limited information available on advisors
Website: sharder.org