BlockchainEthereumStorage

Storj Labs Launches Token Sale

Storj Labs, a distributed cloud storage provider. (PRNewsfoto/Storj Labs)

Decentralized cloud storage provider Storj Labs has launched a sale of its new Ethereum-based application token, STORJ (formerly SJCX). STORJ tokens will enable users to provide and receive storage services in the Storj Labs network.

Selling the STORJ tokens will enable Storj to advance product development and to speed the rate of innovation in cloud storage. By widely distributing its STORJ tokens to a global group of participants, Storj Labs expects to align interests with its users while accelerating developer adoption and network growth.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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