Open discussion / ideas for updated tokenomics

I don’t expect stats on how many paying-customers use STORJ for the 10%-discount… but I’m guessing it’s low. Regular companies looking for a value alternative to Amazon S3 probably don’t want to touch crypto to shave a couple more bucks off their bill. So what would make a company want to touch the token?

Perhaps it’s just risk/reward. To get them to accept the perceived-risk (or change-in-bill-payment-workflow) they need more reward. Like a 20% discount instead of 10? But even then… their average storage bills may not be large enough for them to deal with the hassle.

So are there other corporate benefits they could see: other than straight cash? I have a glimmer of an idea: but it’s hard to type it out without appearing as another vanilla shill…

Storj already has a reduced-waste/carbon-emissions message. Maybe that can be pushed. Maybe it could mean Storj also touching the Chia network. Hear me out:

  • Chia is already the tech behind many Carbon Market projects.
  • Because their blockchain is based on storage space: Chia nodes can also be Storj nodes. In fact the idea of paid-Storj-space growing and Chia-blockchain-space reducing is a natural fit: and they have over 14EiB online (if Storj ever does need burst capacity)
  • They’d be a hook into the Circular Drive Initiative - which plays to the Storj message of reducing IT ewaste
  • They’re 50% owners in a company about to launch asset/dividend certificates to the tradfi market. That’s it’s own set of Google searches: but the idea for Storj is they’re going to have large investment firms as direct customers. The types of customers on AWS S3 today. Not a tight fit: but even introductions help
  • They’ve funded a startup somewhat competitive with Valdi… who offer GPU horsepower… but resell no storage offering, yet.

So, what could that mean?

Storj doesn’t have to move STORJ to the Chia network: but they could dual-launch the token (many tokens are multi-network). That opens the opportunity to neatly create another batch of fresh treasury tokens “as a strategic reserve to fund expansion” (or however you want to spin it). Storj gets a marketing push as the now-even-greener S3 alternative (on the network powering carbon markets, partnered with the industry storage-recycling org). They may pick up Silicon.net as a reseller (or a corporate combo of Valdi+Silicon may work very well). CNI gets Storj as a reference technology partnership (when attracting new customers to their chain: as an example enterprise company that chose them). And the existing token can stay as it is on the ETH side: there are already bridges between the Chia and Eth networks.

This is leaning a bit away from pumping space sales directly. And leaning more towards US-companies-are-getting-more-comfortable-with-crypto indirect sales. And blending in the “green” messaging of a low-powered blockchain. And gaining a dev partner with customers who could be yours too.

I hope that didn’t sound generic: like someone saying you should jump on Solana with STORJ and try to pump. I think a dual-launch on Chia has real corporate benefits and many alignments (and could let you refill the treasury)

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