Market Data
About STORJ
Storj (STORJ) is an Ethereum-based utility token that powers a decentralized, open-source cloud storage platform. The network operates as a peer-to-peer marketplace where individuals and entities (storage providers or 'farmers') rent out their excess hard drive space to users (renters) seeking secure, end-to-end encrypted data storage. By leveraging blockchain technology, Storj aims to provide a faster and more cost-effective alternative to traditional centralized cloud storage providers. The STORJ token is used as the primary medium of exchange within the ecosystem to pay for storage services and reward providers for their contributions.
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