The compute economy that no single actor can own.
Today: $STORE prices every democratic compute job, settles every payment, and gives holders one vote in the democracy that sets the rules.
The ceiling has held for 2,200+ consecutive days.
01What the economy is
Every action in the STORE network has a price. Storage. Compute. Bandwidth. Governance itself. Every price is denominated in STORE. Every price is set by governor vote. Every price change requires 2/3 agreement from 126 verified governors across 30+ countries.
Every external payment converts to STORE. Compute runs today on five partner locations; our own data centers are in development. The compute marketplace runs on the same constitutional math as the governance layer - because they are the same layer.
142,476 STORE at $0.039. $44.10 per governor per year. Five partner locations.
39 governed oracles pricing 498 endpoints today, scaling to 2,500. 126 governors. 2,200+ consecutive days. Zero violations.
No other democratic compute network publishes its operating cost.02The monetary design
Designed for deflation. Not speculative deflation - structural deflation. Long-term commitment from the top, enforced by the protocol itself.
Founders committed more than 60% of personal holdings to 8-year locksbefore any external participant joined. Constitutional alignment is not policy. It is the economics.
Supply ceiling: 1 billion STORE. Hard cap. Enforced at the schema layer. Tokens are never burned - supply is governed by democracy.
Inflation
1 STORE = 100,000,000 bits. Constitutional basis: STORE Constitution Article XIX. Every balance stored as BIGINT. No floating point. No rounding errors.
03The ballot story
January 2022. The crypto market collapsed. The governors who held the most $STORE voted to raise the token price. The market could not sustain it. Same month: they reversed it themselves. 49% price cut. Passed at 89.47% approval.
By June they had settled at $0.039, still 20.4% under the $0.049 they began with. The people with the most to lose voted to make it cheaper for everyone else to join.That is the proof the incentive structure works.
Five ratified ballots since 2020. One in deliberation. Every ballot governed real money.
04The capital record
Nine years of R&D. $10,825,020 raised. All from the protocol's own economics - no VC round, no external series.
| Year | Notes | Raised |
|---|---|---|
| 2017 | Founding year | $334,269 |
| 2018 | $2,198,683 | |
| 2019 | ICO - fell short of ~$4M target | $1,122,415 |
| 2020 | First governor joined | $969,785 |
| 2021 | First patent - largest year | $3,591,335 |
| 2022 | 49% price cut | $885,729 |
| 2023 | $422,066 | |
| 2024 | $880,714 | |
| 2025 | $420,024 | |
| Total (preliminary, under final internal audit) | $10,825,020 | |
Token sales: $10,299,523.12 · Equity: $525,496.88
05Launch readiness
The protocol does not launch until governors say it does. Four gates. Two are internally controlled. Two depend on external Swiss authorities. The aggregate is published every 30-60 days.
- 40%Technical ExecutionTechnical execution readiness. Internal gate. Currently: 75%.
- 30%FundingCapital and token distribution. Internal gate. Currently: 35%.
- 20%MME Sign-offSwiss regulatory approval. External gate. Swiss review is underway. It is not on our calendar. We do not publish a percent complete for work we do not control.
- 10%Tax RulingTax authority ruling. External gate. Swiss review is underway. It is not on our calendar. We do not publish a percent complete for work we do not control.
Four-gate aggregate: 63%.
05bThe circulating supply roadmap
Every step below is a circulating supply market cap milestone, sustained for the stated period before it triggers - not a calendar date.
| Milestone | Sustained | What happens |
|---|---|---|
| Launch | Day 1 | Five partner locations; CLEAR, STORE Pay, STORE Account, First Governance |
| $50M | 6 months | Treasury Branch established |
| $100M | 6 months | TREASURIES launches (regulatory approval required); self-serve mServices open to others, STORE SIGN first; sixth location, Switzerland |
| $250M | 6 months | Security Branch established; sovereign partnership begins |
| $500M | 6 months | Second Governance opens; competitive governor auctions begin; seventh location |
| $1B | 6 months | Ten locations; edge cloud research; advanced TREASURIES |
As the network grows, governors vote to bring democratic compute to new locations: Switzerland at $100M, seven locations at $500M, ten at $1B. Each step takes a two-thirds vote. Replicating the network is part of what governance costs.
06Partners
2 granted US patents (US 11,080,691 B2 - US 12,165,142 B2) - 36 granted claims. 180+ invention disclosures in pre-filing and pre-prosecution, being prepared for provisional filing. Cited in 16 later patent filings, including by IBM, Mastercard, Ant Group, and Mitsubishi. Research is being finalized on additional original filings.
IBM · Mastercard · Ant Group · Mitsubishi
These companies have cited STORE Research patents in their own patent filings. This is not an endorsement or partnership claim.
Research is being finalized to extend the one-third ceiling into quantum computing - original patent filings are being prepared. The classical layer is live today: five partner locations, 126 governors, 2,200+ consecutive days, zero violations.
06bDemocracy as a Service
STORE also sells constitutional governance as a protocol. Any organization that needs human oversight of AI can call STORE's governance primitives directly via API - vote, ballot, constitutional limit enforced at the database, with the kill switch (designed; being built) to follow. Three lines of code to add BFT-secured human governance to any AI deployment. They bring the AI. STORE brings the democracy.
DaaS runs at Layer 2 of the Democratic AI Stack: The Governor.Private testingSee the full stack →
07The Association
08The dashboard
Token, governance, and infrastructure numbers as they stand today. Post-launch protocol economics are not live until STORE launches.
781MM1 STORE = 100,000,000 bits. Annual production cost $5,557 - $44.10 per governor per year.
Revenue split Pre-ratification design target
- Governor share70%
- Markets5%
- STORE Association endowment25%
Post-launch token economics Coming soon
- TREASURIES inflation0.0% (max 3.0%)
- Second Governance inflation0.0% (max 2.0%)
- Total inflation0.0% (max 5.0%)
- Slashing (early exit)75%
- mServices200+ in development
Also pending launch: Protocol Utilization, Post-Launch Revenue, Payouts, and Platform Utilization metrics. Coming soon
09Why computing gets cheaper over time
Every major AI company right now is doing the same thing: raise capital, buy GPUs, subsidize access, and hope that scale produces margin later. The business model is: burn money until you own the market, then charge for it.
WEC makes that model architecturally impossible on STORE. Here is why.
Under WEC, your margin percentage is identical regardless of how much you own. A 1% owner receives 1% of revenue and pays 1% of costs. A 33% owner receives 33% of revenue and pays 33% of costs. Same margin rate. Concentration does not improve your return. There is no economic incentive to subsidize access and then extract later, because the extraction play does not exist. The margin is fixed by the protocol.
The three-layer architecture that makes this work:
| Layer | Condition | What happens |
|---|---|---|
| 1 - Sustainability | Market price > cost to mint | Network is self-funding. Token is not subsidized. |
| 2 - Buffer | Fee revenue covers volatility | Network survives price shocks without emergency decisions. |
| 3 - Washington Incentive | Profit margin ≥25% | Governors vote on fee reductions. Computing prices descend. |
The path to cheaper computing is not a financial engineering problem. It is an operational efficiency problem. You do not need a $100 token. You need a 25% margin. That is achievable through running the network well, not through raising more capital and diluting owners.
This is what WEC produces at scale. Not just fairness at the margin level. A mechanism that routes efficiency gains to users rather than shareholders, on a protocol schedule, enforced by governor vote, with a constitutional floor that no single actor can override.
One investment.
One vote.
Three different acts. A purchase is a contract - not a coin in your wallet and not a seat. 126 people vote today. A purchase does not add a 127th vote at checkout. A seat takes an election by people already on the roll.