StorjSTORJ
Convert STORJ to your currency
Last Updated on Sep 30, 2025 11:27 PM
What is Storj?
About the coin
Storj is an open-source platform that leverages blockchain technology to provide end-to-end encrypted cloud storage services. Unlike traditional cloud storage solutions that rely on centralized data centers, Storj utilizes a peer-to-peer network of individuals or entities who share their storage spaces. This decentralized approach aims to offer a faster, cheaper, and more secure file storage solution.
Storj Labs Inc., the company behind the project, was founded in 2014 by Shawn Wilkinson and co-founder John Quinn. The company is headquartered in Atlanta, Georgia, USA. Initially, Shawn Wilkinson served as the CEO but later transitioned to the role of Chief Strategy Officer (CSO) in March 2018. Ben Golub, the former CEO of Docker, took over as the Executive Chairman and Interim CEO.
Main features
Storj's primary goal is to provide a cloud storage solution that is not only cost-effective but also ensures the security and integrity of data. The platform achieves this through innovative technologies and methods that allow users to store and retrieve data quickly without compromising security.
Storj Labs conducted an initial coin offering (ICO) for its tokens on May 19, 2017, raising approximately $30 million by the end of the token sale on May 25, 2017. The company also facilitated a token conversion campaign, allowing holders of the previous SJCX tokens to exchange them for the new STORJ tokens at a 1:1 ratio until October 2017.
How it works
Storj pre-mined its entire supply of tokens at inception, meaning no new tokens can be created through mining. However, users can earn STORJ tokens by participating as 'farmers' in the network, contributing their storage space to the platform. Additionally, STORJ tokens can be acquired through trading on cryptocurrency exchanges.
The introduction of Storj aims to disrupt the traditional cloud storage industry, which has been dominated by companies dictating terms of service to users. By offering a decentralized alternative, Storj seeks to foster competition and provide users with more control over their data storage solutions.
Wallet for Storj
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Storj
- Ethereum
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Storj FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- Host a Node on Storj Become part of the decentralized cloud and get paid for your extra bandwidth and storage capacity. Sign up to host a Node on the Storj network today. It highly depends on the month. So to be comparable, you'd need to tell which month you are comparing. :smiley:
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose Storj wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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