STORJ token
Overview
Storj is a decentralized cloud storage platform that allows users to rent out unused hard drive space and bandwidth. The STORJ token is used for payments on the network and for staking by storage node operators.
Within the DeFi Intel graph, STORJ connects to 4 tracked entities, most strongly to Ethereum, Storj, Storj.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 85% |
supports_token | Storj | 85% |
ISSUES_TOKEN | Storj | 85% |
issued_by | Storj | 85% |
Frequently asked questions
What is STORJ?
STORJ is the native utility token of the Storj decentralized cloud storage network.
What is the role of STORJ in the Storj network?
STORJ is used to pay for storage and bandwidth services, and operators stake tokens to join the network as storage nodes.
How does Storj differ from traditional cloud storage?
Storj distributes encrypted data across a global network of independent nodes rather than relying on centralized data centers.
What is STORJ connected to?
In the DeFi Intel knowledge graph, STORJ is linked to 4 other tracked entities, most strongly to Ethereum, Storj, Storj.
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