Not sure why this wasn’t posted here but… [image] An open letter to the Storj token community: the restructuring, the network,...

[image] andrew2.hart: it breaks the standard rule, turning crypto token holders into corporate equity holders. I think it would work in a different way: [image] $STORJ Community Buyout: Indication of Interest Is Open Announcements But it could be a voti…

If company doesn’t pay SNOs, I am out, and I am sure many more people will follow suit. Folks can of course do charity and run for free without being paid, but, I’ve seen my fair share of scams through the years, and I’m not participating in another one. Pay me, I will run for one more month. Don’t…

Storj are not a scam and your inflammatory and puerile post doesn’t show you in a good light. They’re a business. If they fail they’re a failing business and failing businesses seldom end up paying all creditors. If you’re so incensed then there is nothing stopping you quitting the project. You an…

I’d say @ACarneiro is 100% right. I’m not an employee, I’m a contractor, just like any other SNO. I wasn’t paid when I came here :person_shrugging:. I just wanted to help people because I had some problems that I solved, I have the knowledge, and I wanted to share the solution with others so they wo…

I hope so too. I’m happy to have provided SNO services so far. I still haven’t broken even on my hardware investment (even though it was only a few extra parts and disks to add into an existing server). But at the end of the day, this is a service, not a charity. As @ACarneiro said in the post abov…

So, as I see it, the company has some debt to be paid.The court must rule in favor of the debtor to get his money back. This can be done in 3 ways. You sell the company and pay the debt. You sell assets of the company and pay debt. You are allowed to function further in some conditions, to pay you…

If they could pay their dept in time there would be no reason for chapter 11. I guess Inveniam took Valdi away from storj and then opted for 1 to get rid of the storage business.

Once again someone has crystallized my thoughts entirely. 2 cents, Julio

[image] snorkel: PS: Now I saw the main announcement. It seems they went with no.1. For me too buyout means Inveniam will sell Storj as “restructured” company with its focus on Storj’s original business proposition and has continued to support Storj throughout, and it endorses this reorgani…

YES, EXACTLY — BINGO. I’ve had a post removed/suspended, so everyone be aware. Julio

Storj files for chapter 11 bankruptcy?

jammerdan August 2, 2026, 4:53am 53

Well to be fair, Storj people have denied these speculations:

So we put it as speculation only. Time will tell.