Storecoin (STORE) ICO Rating, Reviews and Details

Milestone sale

Apr 17, 2019

Jun 30, 2019

100% completed

$3 332 667

41% goal completed

7 950 000.00 USD

past

Token Details

Ticker

STORE

Total supply

1 Billion STORE; 225.43 Million are circulating today

Token Distribution

Sold in up to six milestone-based token sales, Governance can modify the Treasury Plan/Use. 34%

Allocated to the non-profit for incentivizing growth of the $STORE ecosystem, dWorker adoprion, team, and more - emits in the 100 years 46%

Locked up in a long-term emission schedule giving the non-profit access to genesis block Treasury to grow $STORE adoption - emits over 1000 years 10%

Founding inflationary block rewards to pay for Storecoin security, governance, distribution, and more. Once the funds ends, up to 20MM new $STORE will be added to the total authorized supply each year. 10%

Accepted Currencies

ETH, BTC, USD, WIRE

Company Details

Registered Country

United States

Company Founded

May 1, 2017

Bonus Structure

There are three sale phases: $0.129, $0.149, and $0.169. Each sale phase will be offered on a first-registered and first-funded basis. Once a phase is fully registered and funded, the next phase will open up and be offered to the next registered buyer.

Additional Details

MVP/Prototype

Yes

Platform

Native blockchain and native token with its own wallet

Whitelist

Yes ,

KYC

Yes

About Storecoin

Storecoin is a zero-fee, p2p cloud computing platform that will transform data into programmable money. This is an entirely different approach of smart contract/dApp platforms like Ethereum that enable new money to be printed without any backing. With Storecon, layer 2 currency is backed by data -- the oil of the 21st century and beyond.

Features

Storecoin is a zero-fee, p2p cloud computing platform that will transform data into programmable money (into datacoins). Storecoin shifts the economic paradigm of data away from being controlled by centralized technology-data monopolies towards decentralization, openness, and monetization for miners, developers, and users.We believe that every meaningful piece of data can be structured, categorized, and tokenized for easy discoverability and trading. Data can be represented by a private key and transformed into a cryptocurrency. By 2025, it’s estimated the world will emit 175 Zettabytes of data -- 5x more than today and expected to grow by a factor of 50. Most of this data is currently unusable, and the data that can be used is owned and controlled by centralized companies. A free and open market economy across all industries, governments, IoT devices, and more can exist for this data to be structured, tokenized, and available for global trading. The Storecoin blockchain and the STORE token will secure this new economy.

Storecoin Roadmap

NOVEMBER 2018

We announce that we’re working on a layer 2, tokenized application platform
We attend Coindesk’s Consensus: Invest conference. At the VIP party, the feedback for our Platform design is very positive
We now speak Japanese!
We now speak Chinese!
We now speak Korean!
We now speak Russian!
Our sponsorship to request public peer review for our Governance of decentralized checks and balances goes live on Token Daily
For the first time in 10+ months, we message our Wallet owners
Research on the Storecoin layer 2 Platform takes the next step
Creator Chris McCoy shares The Storecoin Story with 1,200+ high school entrepreneurship students in Washington State
The project welcomes its first Community members accepted through Storecoin’s Proof of Community application
First draft of Connect is released for internal peer review. Connect Architecture is like Facebook Platform but for zero-fee $STORE-powered payments in the public internet. It’s the bridge for apps to gain secure permissions to bring $STORE into their environment as programmable, zero-fee payments and zero-fee incentivized API calls.

OCTOBER 2018

Storecoin releases its Governance spec for public peer review
First version of the Storecoin Wallet released
The Storecoin Team grows to 25+. Our latest team member is Charles Belle, our Director of Compliance who is working on global banking relationships, MTLs in the U.S. and more - Read the announcement
Our BlockFin consensus algorithm evolves. The technical whitepaper gets closer to public release progress
First draft of the Secure Currency Transfer Protocol (SCTP) is released for internal peer review. SCTP may serve as an external interface for DyPoS to connect Storecoin’s zero-fee payments architecture with the public internet
First draft of WebC - a zero-fee, $STORE-enhanced public internet is released the early spec
Storecoin begins sharing research around its monetary policy and its path to becoming sound money
Storecoin's economics research uncovers how Proof-of-Stake and Proof-of-Work will lead public blockchains in efficiency as costs decrease for storage, bandwidth, and CPU resources
Storecoin releases Proof of Knowledge to identify Community members well-versed in the project and qualified to take on operational and leadership roles
Storecoin announces its first GovCon to be held in San Francisco in May 2019

SEPTEMBER 2018

Storecoin presents its project research and technology in San Francisco , Tweet
Research to minimize protocol threats evolves
Product development begins as staking research progresses
Storecoin completes its next iteration of BlockFin research focusing on Byzantine fault tolerance
Storecoin Creator Chris McCoy gives a presentation to a group of 50+ investors
Governance research shows how approved changes are reviewed and deployed to dWorker nodes without manual intervention
Storecoin releases the story of its creation - Read
Early designs for ecosystem tools to bring zero-fee $STORE into the application layer and eventually the cash register are released
Early designs showing how $STORE owner will stake their tokens to secure the p2p blockchain are released
Storecoin’s CTO Rag Bhagavatha shares the project at the Crypto Finance Conference in Half Moon Bay CA
Research on DyPoS and security evolves. The project will use the Bezier curve for its configurability.
BlockFin goes into internal peer review. The latest research is constructed based on smaller building blocks, which have been validated with the prior work done in academia

AUGUST 2018

Creator Chris McCoy explains the benefits of Storecoin's DyPoS protocol during a panel discussion on scalability at Bitcoin Magazine's Distributed 2018 Conference
Storecoin presents "Can Decentralization and High-Throughput Co-exist?" at the Futurist Conference in Toronto
Venture Capitalist Matthew Ocko joins Storecoin Team as investor, advisor
The first design iteration for the API-layer of WebC -- the internet powered by zero-fee, p2p, $STORE payments -- is finished.
Our BlockFin consensus algorithm begins the next phase of engineering and development
Storecoin releases the next version of its research - Read the Visual Whitepaper
The Alphabit Fund joins Storecoin as an investor and strategic partner
Storecoin’s Telegram organically grows to 1,900+ and the
tee-shirt begins to spread around the world - Join
Launched the Telegram Supergroup for discussion on Storecoin's Governance
Launched a Twitter account for discussion on Storecoin's Governance
Storecoin finalizes its long-form project description

JUNE 2018

Storecoin grows its team of full-time contractors, consultants, and advisors to 25
Testing on BlockFin, Storecoin’s consensus engine, grows to 220 validator nodes and 40 message nodes Github Repo, Photo
Storecoin’s
tee-shirts begin reaching Community members around the world
Storecoin’s economic research pushes yearly inflation to 2% maximum and pegs it to the percentage of staking and store-of-value on the blockchain
Storecoin finalizes its economic thesis on how protocols grow in value over the long-term
Creator Chris McCoy joins the Scalability panel at CPC’s Crypto DevCon in Mountain View
Tech media legend Tony Perkins interviews Storecoin Creator Chris McCoy on blockchain, tokenizing data and Storecoin's unique system of using dynamic inflation to fund zero-fee transactions for users of the network
Research begins on solving chargebacks and fraud in payments with a new type of decentralized worker -- the sAgent
Creator Chris McCoy takes Storecoin to Singapore, presenting our technology and economics at Coin Agenda: Asia
Blockview — SQL for Blockchains — is the first ecosystem project to begin engineering and development

MAY 2018

Storecoin begins testing a version of BlockFin peer-to-peer (p2p) core built using "feeds" and "follow" model of data replication.
Research on security and economics evolves, focusing the project on incentivizing high values of Store-of-Value to achieve decentralization and on-chain security.
Proof-of-Community, the way for Storecoin followers to become official Community members, is launched. Members from 12 different countries instantly request to host STORE meet-ups
The STORE Manager, Storecoin’s tool for dWorkers to manage their staking on the blockchain, goes into development
Storecoin’s Telegram channel organically grows to 300 members More
The Storecoin Engineering Team launches its Twitter account , begins sharing weekly
Storecoin launches its Facebook Page - Like
Storecoin launches its Linkedin Page
Storecoin makes its Github and development of BlockFin partially public - Star
Cryptowire — a Storecoin Ecosystem project — begins publishing weekly updates on the cryptocurrency space on a new website
Storecoin pioneers the concept of Fork Tolerance for consensus algorithms