Hi Flitpay Fam,
One of your most requested tokens, Storj (STORJ), is now listed on Flitpay. You can buy, trade, and invest STORJ/INR in India and join it in your crypto journey.
This coin is listed under Flitpay’s Instant Listing Programme. To know what this program means to you, visit Learn.
About Storj (STORJ)
STORJ is the native token of a decentralized cloud storage network called Storj. It acts as the currency for the Storj platform that connects users who need to borrow a secure cloud storage space with those who have extra hard drive space to lend. Anyone with good internet connectivity and free hard drive space can participate in the Storj network by becoming a node. These nodes need to install the Tardigrade software of Storj Labs to start securing the user data.
Those who want to store their data in the decentralized atmosphere of Storj need to pay STORJ tokens as a fee to nodes. This way, the nodes get rewarded for lending their hard drive space and providing security to data. STORJ is an Ethereum token based on ERC-20 standards. New STORJ coins are mineable through the Proof-of-Work (PoW) consensus mechanism. They have a total supply of 500 million.
Storj Network encrypts each file that comes in it, splits it into 80 parts, and sends each part to a different node for storage. Since each node only receives a fragment of an encrypted file, it makes the file extremely secure and almost impossible to hack or steal.
Token Statistics
Launched Year: July 2017
Storj (STORJ) Price in INR: ₹28.43
Circulating Supply: 412,937,122 STORJ
Total Supply: 424,999,998 STORJ
Market Rank: 182
*Above data is from Coinmarketcap as of 4th May 2023*
More coin listings are coming soon.
Till then, Happy Trading!
