Hello, I read it Storj storj about ~2.8x more of the original data (to be exact 80/29).
But how does that work out for Storj, if you charge customer $4 per TB, but will give node operator 1.5 * 80 / 29 per TB (about $4.13793103 - which is more than $4).
I don’t get this part…
Well 2 things. It starts at 80 pieces, but they drop off when nodes disappear until repair kicks in. The actual amount drifts between 55 and 80 roughly. So on average, they do make some profit on storage. But they have a much bigger margin on egress as well. There is much less overhead on egress and they make $7 and pay out $2 to nodes.
Look like a very thin ice to walk on, I do hope they succeed though…
Not thin at all. The storage is secured, and the margin that earns, has space to be even safely lowered in the future …
Hello, are you reference these STORJ Token Balances and Flows Report: Q4 2023? I don’t understand a single thing about this report 
- Is it good or bad?
I guess the question really is: will Storj stay around, should I invest more in Storj…
all in, bro! 
its a token for settlements, not investition.
I try to read the report, still not able to understand most of it, but one thing stood out: line 14.
How could Other take up 31.1, even employee only take up to 1.7 and pay to node operator only 0.6.
I think it only make sense when Other is less than 1?
I think this report does not look transparency enough 
?
Could anyone from Storj confirm this?
Hello, I missed that in the section right below, sorry about that (but they write so much I can’t process that much English).
Thanks!
my guess is, they exchange it for cash, and sitting on a cash, because they said they dont do anything with the token, so if they say “Others” means its changed to cash. After 2-3 quarters, when the all tokens will be unlocked, they will need that cash to buy tokens back from market to pay SNOs with that tokens. Real fun will begin from that point. Because it will also corelate with situation on the market soo what can happen is rising prices of token. So If You are gambler You can bet on that, i see You have the urge 
@kocoten1992
No, sorry, you was speaking for yourself, I care mostly about if Storj have customer, I don’t care about crypto market increase/decrease at all.
My thinking is: if everyone jump in crypto market and want more money, someone is going to lose, but if other want other thing rather than money (storage - in Storj case, value exchange - in my case), then there will be a sustainable market…
What I struggle to understands is: what is the scenario where token price does not skyrocket as the service grows?
Storj is a deflationary token by design. The supply is fixed. Service grows, so payments to node operators grow. And it’s not a closed system — value is poured into the system through outside source — customers. Hence, value of the token will have to grow.
Maybe this is extremely dumb, I don’t fully understand token economy.
Well for now (and I think one more quarter?) Storj has been unlocking ‘free’ tokens at around 30mil per batch? So they were only selling, never buying. And with the Q1 2024 unlock… they’ll still have a couple years worth of SNO rewards in the bank?
But even if they start buying: I don’t see why the token price would rise. Like to make up some numbers… say every month Storj pays SNOs $100k in tokens. SNOs sell those $100k to the market (actually back to Storj). That loop can go on for years. Storj can profitably be making $$$ from customers and doing quite well… but the token price doesn’t benefit from them making a profit, right?
Maybe customers add some buy pressure. Maybe SNOs hodl. Maybe some wallet seeds get lost. But that would account for a slow growth: not a skyrocket.
I don’t know: I haven’t been paying attention 
. I think SNOs should sell their entire payout monthly… and when you’re selling 5 minutes after getting your tokens then price doesn’t really matter.
Right. I guess as long as total SNO payments don’t exceed available token value it can stay stable. Storj wants to keep payments to SNO at $130k/month, so so the forceable future this will be working.
Completely agree, no question about it.
Getting a crypto, and not to gamble with it!?
You guys don’t know how to have fun 
On the serious note, I think about it this way: If I did not receive storj, but got USD instead — would I have spent that money to buy storj to gamble on? Probably not. I would in most likelihood have bought something else, something significantly more volatile. Hence, I sell it immediately.
But true, I don’t gamble at all.
There is no correlation between a token value and the value of the business. This is not a securities or stocks, it’s an utility token. The business value is better to check on sites with Stat instead, like
It would not give your the financial information of course (as a Tokens Flow Reports too - they are not a Revenue Reports), but at least you can see a usage.
Or may be even better, to see who are the partners: Partner, and/or what other reports about the company: Storj DCS Resources
That still looks good to me, better than a corporation with a huge profit margin. Plus this forces them to tread this thin ice with care and show love to their project.
Would a new option: payment on demand, would bring any good?
From my perspective, i would like to get paid in storj token only in times, where the token is low to USD.
I can think of it like it could bring more stability to the token/USD rate, as many will wait for lower price, to request a payout, which will result in Storj inc. spending dollars to buy Storj, to send it to SNOs.
Seems like a mechanism to act against price drops.
Right now i get paid in one day at $0,55 rate, didn’t notice,
next day the rate is $0,50 already, and so on.
i would like to not take payments automatically, just on request.
I think you can achieve that right now:
Why would that matter? You are paid in USD, converted to storj, and delivered to you. You can immediately swap back to USD. If you want to gamble on token price it can be done separately, in your own wallet.