Zero-fee Web3

A layer one staking protocol at the intersection of blockchain and cloud.

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Our Mission

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

STORE will be the zero-fee ledger to trace any asset in the world, the Web3 cloud to store NFTs, and the democracy to support any future use case.

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$STORE TOKEN
$STORE is an ownership right to trust-minimized computing resources on the STORE protocol.
STORE computing resources are priced in bits, or units of $STORE.
(0.00000001 STORE = 1 bit; 1 STORE = 100 Million bits)
Most layer-one tokens
Single Use Token Design
$STORE
Staking
Rights
Governance
Powers
Paying
Surge
Fees
Purchasing
Cloud
Resources
NOTE: The token starts as an ERC-20 and will transition to being native to the STORE blockchain as it comes online
STORE PROTOCOL

The STORE protocol is powered by an oracle of over 250 composable,
incentivized, interoperating, and governed APIs to build on

High-performance cloud computing infrastructure for NFTs and apps built on STORE to be decentralized
Grown with auctions, governed by STORE democracy – one entity, one vote + checks and balances
Secured by Dynamic Proof-of-Stake (DyPoS), a novel state-dependent consensus algorithm
A fast, zero-fee blockchain with smart contracts, tokens, and NFTs. Surge Fees secure excess transaction demand.
PROTOCOL SECURITY

Incentivized by Dynamic Proof-of-Stake (DyPoS)

DyPoS, a STORE invention, provides the protocol with algorithmic stability for both off-chain and on-chain network security. This ensures STORE doesn’t overpay for security, while incentivizing network operators to meet or exceed the protocol’s Security Budget. DyPoS introduces predictable surge fees into blockspace when demand > supply. STORE’s leaderless economics incentivizes democracy to spread to computing resources on the STORE protocol. Finally, STORE’s Dynamic DDoS protection makes large-scale spam attacks on STORE Chain technically impossible.
THE ZERO-FEE LEDGER TO TRACE ANY ASSET IN THE WORLD

Faster, cheaper, and zero-fee blockspace

The STORE zero-fee blockchain computer is composed of nodes, physical computers in the STORE Cloud, that are joined together via the BlockFinBFT consensus mechanism and incentivized by Dynamic Proof-of-Stake (DyPoS).
At the launch of STORE Chain, we estimate 2,500+ transactions per second and throughput to increase as transaction demand increases (adaptive throughput).*

The STORE VM will secure native smart contracts, oracles, and developer token issuance for NFTs, DeFi, and DeFi NFTs.

STORE Chain is secured with inflation making it zero-fee. When demand to utilize zero-fee blockspace exceeds available supply, predicable and escalating fees are charged to users through DyPoS Surge.

STORE is pioneering a zero-fee Web3.

ETA:
Test network for STORE Chain and VM in 2023
Security audits begin with Jepsen in 2022
1st Generation
Bitcoin
2nd Generation
Ethereum
3rd Generation
Store
Transactions per second
3+
TPS
13+
TPS
2,500+
TPS *
Average
Fee
$2-$3
USD
$6.30
USD
$0.00
USD
(escalating fees
with surge pricing)
Transaction Confirmation
10-60
Minutes
10-20
Seconds
3-5
Seconds
(w/finality)
* Based upon estimates from internal research and development projections

**If the price of $STORE is below the break-even price to mine STORE, then miners would be operating at a loss. STORE tracks this closely.

NOTE: Block rewards with STORE Chain will be up to 2% maximum inflation per year (20 Million $STORE). The additional 1% of inflation will incentivize blockchain usage while STORE Governance will set a transaction minimum to incentivize out spam. Learn more at http://storecloud.org/monetarypolicy.
THE WEB3 CLOUD TO STORE NFTs FOREVER

The high-performance Web3 cloud that is cheaper than AWS

STORE beats public clouds like Amazon AWS on pricing and competes on performance. STORE beats all Web3 protocols on pricing and performance, while unlocking app coins.

STORE Chain nodes and blockchain history run on STORE Cloud. Other protocols can run their infrastructure on STORE Cloud, too.

Web3 computing protocols like Ethereum are 339 million times more expensive to store data on than AWS and 1.58 billion times more expensive to run compute operations.

Governed STORE Cloud is 12% less expensive than AWS. It is cloud infrastructure governed by decentralized democracy instead of controlled by centralized tech superpowers.

STORE Governance earns a 25% margin on all web services.

STORE Cloud gets cheaper as more is built on it.

ETA: Test network in 2023

Existing Web3 protocols

Static-storage
Run-time compute
x $339 Million
x $1.58 Billion
x $504,000
x $2.35 Million
x $357
N/A
static-storage-only
Compared to:
$0.276
$0.00000028

Trust-minimized cloud computing

Compared to:
Governed static-storage
x 0.67
Governed run-time compute
x 0.68
*To arrive at calculations, STORE Research studied publicly available data from all networks.
Please highlight new information, etc through email to research@storecloud.org

NOTE: Inflationary rewards with STORE Cloud will be up to 1% maximum new $STORE per year (10 Million $STORE). Rewards will be subject to the Security Budget set by STORE Governance. To learn more, visit http://storecloud.org/monetarypolicy.
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.
THE DEMOCRACY TO SUPPORT ANY USE FUTURE CASE

STORE is governed by checks and balances

STORE’s active First Governance is one vote, one $10,000 purchased wallet. Once STORE
mainnet goes live, STORE transitions to Second Governance which is detailed above.
FOUNDING TOKEN PARTNERS

STORE has built strong partnerships at an early stage

Bitcoin Jack
@BTC_JackSparrow
TEAM

A-Player team of blockchain experts supported by cloud advisors

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, security, and financial markets. STORE Labs, Inc. and its future Foundation have committed to investment-grade regulatory & 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.
Charles Belle (COO)
Leads STORE operations and compliance. Founder at Startup Policy Lab, Tech lawyer.
Endeavour Engineering
Distributed systems firm helping with BlockFinBFT and the zero-fee STORE Chain including smart contracts.
Josh Lawler
Strategy Lawyer at Zuber, Lawler, and Del Duca LLP
+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.
✅ BOARD OF DIRECTORS-ELECT
Francois Chadwick
Former VP of Finance, Tax, and Accounting at Uber. CFO at Volta Charging.
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
Institutional Custody
and Lending
Securities law firm
Corporate law firm
OTC
Cybersecurity Advisory
Security Auditors
Governance advisory
A GLOBAL BRAND

Store it will become an everyday phrase like Uber it, Tweet it, and Google it

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Zero-fee Web3