⚡ Electricity for Web3

Trust-minimized computing
governed by checks and balances

STORE is a new layer-one staking protocol.

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STORE has built strong token partnerships at an early stage

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@BTC_JackSparrow

Why STORE?

Everything in bits – images, video, audio, data, code, computing resources, and more – will be represented as tokens and made tradable on public blockchains.

STORE will be the ledger to trace any asset in the world, the cloud to store its off-chain data and run its off-chain compute, and a governance to support any future use case.

With a sound and long-term monetary policy, STORE can provide industry-leading staking returns to network operators.

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The $STORE token is an ownership right to trust-minimized computing resources on STORE.
All computing resources are priced in bits, or units of $STORE.
(0.00000001 $STORE = 1 bit)
NOTE: $STORE incentivizes three utilities on STORE: governance, staking, and purchasing trust-minimized cloud resources from miners
Our Secret

For Web3 to scale, it needs real-world apps that can scale.

Real-world apps need run-time compute and storage resources to scale. They need the cloud. Web3 apps relying only on blockspace don’t have enough computing resources.

STORE sees a Web3 where 5-10% of computing is on-chain accessing blockspace while the rest is off-chain leveraging high-performance cloud. The key for Web3? Both on-chain and off-chain computing need to be trust-minimized.

STORE is this trust-minimized computing infrastructure.

BlockfinBFT, STORE’s patented high-speed BFT consensus algorithm for the zero-fee STORE Chain, will run inside of STORE Cloud as a virtual machine.
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Improve trust-minimization in Web3
Miners of any Web3 ecosystem can run blockchain nodes on trust-minimized STORE Cloud instead of centralized AWS.

First Use Case: 2022
Store off-chain Web3 data, get a proof
Developers building DeFi applications, Web3 games, decentralized social networks, or other apps on other layer-one blockchains can store off-chain data in a trust-minimized way on STORE then generate proofs which attest to the trust-minimization of the data.
Web2 ➔ Web3 through governance tokens
Web2 apps can transition into Web3 by moving their storage and compute workloads to trust-minimized STORE Cloud while issuing a governance token onto chains like Ethereum. STORE provides the tooling for airdrops, for governance, and is the Cloud to power it all. Web2 apps can then be user-governed, all the way up to the board-level.
Solve NFT asset immutability
IP owners can build high-value IP on STORE, store them forever, prove they are stored forever, and then issue them as NFTs onto Ethereum, Solana, STORE Chain, and more. This provides superior immutability and storage for IP creators compared to an IPFS hash or Web2 URL.

Example: Initial Movie Offering
1
Improve trust-minimization in Web3
Miners of any Web3 ecosystem can run blockchain nodes on trust-minimized STORE Cloud instead of centralized AWS.
First Use Case: 2022
2
Web2  Web3 through governance tokens
Web2 apps can transition into Web3 by moving their storage and compute workloads to trust-minimized STORE Cloud while issuing a governance token onto chains like Ethereum. STORE provides the tooling for airdrops, for governance, and is the Cloud to power it all. Web2 apps can then be user-governed, all the way up to the board-level.
3
Store off-chain Web3 data, get a proof
Developers building DeFi applications, Web3 games, decentralized social networks, or other apps on other layer-one blockchains can store off-chain data in a trust-minimized way on STORE then generate proofs which attest to the trust-minimization of the data.
4
Solve NFT asset immutability
IP owners can build high-value IP on STORE, store them forever, prove they are stored forever, and then issue them as NFTs onto Ethereum, Solana, STORE Chain, and more. This provides superior immutability and storage for IP creators compared to an IPFS hash or Web2 URL.

Example: Initial Movie Offering
NFT content units
STORE-NFT apps where each content unit and user ID is an instantly tradable NFT.

Example: Decentralized tweets and user profiles as tradable NFTs - decentralized social
NFTs + Yield
STORE-NFT intellectual property where revenues from the NFT are tokenized and then can generate yield for the IP creator to fund future IP. A perpetual funding NFT.

Example: A Hollywood movie is tokenized, generating yield for the screenwriter and/or studio to natively fund future sequels
ML and AI as NFTs
STORE-NFT devices where APIs and neural network data models are instantly tradable NFTs with other devices.

Example: Devices build with each other’s algorithms in real-time
Programmable NFTs
Programmable NFTs can evolve with code, be programmed to respond to on-chain events, and can be programmed to respond to off-chain events through trust-minimized oracles.

Programmable NFTs will power the metaverse. They can generate yield. The possibilities are endless.
1
NFT content units
STORE-NFT apps where each content unit and user ID is an instantly tradable NFT.
Example: Decentralized tweets and user profiles as tradable NFTs - decentralized social
2
ML and AI as NFTs
STORE-NFT devices where APIs and neural network data models are instantly tradable NFTs with other devices.
Example: Devices build with each other’s algorithms in real-time
3
NFTs + Yield
STORE-NFT intellectual property where revenues from the NFT are tokenized and then can generate yield for the IP creator to fund future IP. A perpetual funding NFT.
Example: A Hollywood movie is tokenized, generating yield for the screenwriter and/or studio to natively fund future sequels
4
Programmable NFTs
Programmable NFTs can evolve with code, be programmed to respond to on-chain events, and can be programmed to respond to off-chain events through trust-minimized oracles.

Programmable NFTs will power the metaverse. They can generate yield. The possibilities are endless.

Trust-minimized STORE competes with Amazon AWS on tooling

STORE introduces new metrics to trust-minimize cloud computing including the cost-to-attack the cloud, the breakeven price to mint a $STORE token, and the price of storage and compute resources in units of $STORE (bits).

STORE scales compute as developer demand grows

STORE Cloud is operational in 7 data centers, can scale horizontally

North America
  • West: San Jose, CA (Equinix SV2)
  • East: Ashburn, VA (Evoque DC1)
  • Central: Tulsa, OKC (DATA3 OK1)
  • Northeast: Toronto, CA (CA1)
Asia Pacific
  • Melbourne (Equinix ME1)
  • AU Sydney (Equinix SY3)
Europe
  • West: UK/London (UK1)
NOTE: As STORE Cloud begins to secure STORE Chain, we anticipate mining $STORE will extend to the far edge, eventually landing on mobile phones

Founded and managed by industry experts

Co-creators Rag and Chris have been building together for nearly a decade. Project founders vest for 8 years. Advisors are hands-on, strategic, and have years of experience in crypto, cloud, data, governance, and financial markets. STORE Labs, Inc. and its future Foundation have committed to investment-grade regulatory and global tax compliance.

Team Members
Chris McCoy (CEO)
Leads STORE R&D and execution. One of Marc Andreeseen’s 55 Unknown Rockstars in Tech, Founder at Data4America non-profit.
Galen Danziger
Executes STORE R`&D across Governance, Cloud, and Chain. CTO at MouseBelt.
Charles Belle (COO)
Leads STORE operations and compliance. Founder at Startup Policy Lab, Tech lawyer.
Mousebelt Engineering
Blockchain engineering firm helping with trust-minimized cloud computing, smart contracts, governance, tooling, more.
Endeavour Engineering
Distributed systems firm helping with BlockFinBFT and the zero-fee STORE Chain including smart contracts.
+15 others
Advisors
Rag Bhagavatha (Chief Architect)
Helped scale Apple’s iCloud, Cisco’s WebEx, more. Currently full-time at Zoom while helping guide STORE Engineering.
Francois Chadwick
Former VP of Finance, Tax, and Accounting at Uber
Mehdi Ghazizadeh
Cloud and Engineering executive leader at Docker, Sun, eBay/Stubhub
Chetan Sharma
Wireless and edge computing expert, Advisor to CXOs, regulators, and govts
Mark Ramberg
Former GM of Amazon Web Services, Media and Entertainment
Blake Darché
Chief Security Officer at Area 1 Security. Former NSA Hacker.
Partners
Public Disclosure Registry
Institutional Custody
Global Advisory
Securities law firm
Corporate law firm
OTC
Cybersecurity Advisory
Security Auditors
Governance advisory

STORE’s Second Governance will have checks and balances

Once STORE launches a test network for its Second Governance, the $STORE asset will be governed by checks and balances between the STORE Foundation, staked Miners, and staked Voters.

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Markets unleash the full potential of STORE

STORE is secured by Cloud Markets of 17 Miners each. There can be unlimited Markets on STORE. Each Market competes against other Markets for developer business but work together to defend each other against attacks. Markets have their own ⅔ supermajority governance (+67%).

Markets scale STORE horizontally, unlocking unlimited use cases for decentralized compute. Trust-minimization and the cost-to-attack STORE both increase as Governance adds more Markets.

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⚡ Electricity for Web3