this month is already best in this year.
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I donât have graphs to prove anything⌠but it does feel like nothing really happened all summer⌠then we lost a lot of used-space in Sept, and clawed it all back (plus more) in October.
I donât know, I didnât get really more used space than before. But the traffic is way more than before. Itâs almost 600gigs every day. Before it was just half of that. But itâs listed as repair traffic, so I donât know how long it holds on.
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I was able to find a demo live stream that also gives some background:
But also an interesting comment under the video that remained unanswered:
The notion of attested federated data management across parties makes sense. But not clear why Inveniam, which seems like a sensible business for managing attested asset record keeping, is calling this âweb3â or talking about blockchain or âdecentralizationâ. Unless Iâm missing something, the functionality being discussed is likely traditional compute infrastructure that drops a hash (maybe a proof) on a blockchain from time to time, no? Nothing wrong with that, but I notice that the energy even on this video was really all about the practical utility of different AI tools. (And thatâs rightâŚwhat the CEOs of IBM, MSFT and others figured out: AI works, blockchainâŚmeh.) Honestly, I think blockchain would have gone the way of XML years ago if it werenât for the hodling of âdark web digital bearer bondsâ.
Itâs encouraging to see usual guys in house clotes and not some ceoâs or other staff in suits. They make me to believe they are passionate for the project and are not here just for money. I was skeptical when the announcement came and I refrained from comments, but itâs starting to give me positive vibes.
I am just worried about the fact that in 7/8 years, the people that were the most passionate about the project, the Storj devs and CEOs, didnât manage to bring the profits they expected and sold the business (now, the price increase for clients makes sense all of a sudden). But I hope the new owners are at least as passionate as them.
The biggest fear I have is that they will discontinue the global network and rely only on the select network. Weâll see what the future brings.
Some words from the new owners here on the forum would be nice.
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I would be surprised if they even know the difference. 
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Why should they? At the moment for me it looks like this: For the Inveniam.io platform Storj does not make much sense. (Maybe access to GPU but not storage). As advertise their solution with data that remains where it is. They are accessing their clients data where it is and are not moving it to e.g. Storj. Of course they could try to sell Storj storage to those customers but with lack of compliance I donât see that. Also it kind of contradicts the Inveniam.io platforms ability.
So as I see it, the Diol.io marketplace is probably the home of Storj. And there they claim
Monetize capacity with proof of durability, location, or jurisdiction, differentiate via compliance (GDPR, HIPAA-ready), and tie revenue directly to verifiable usage,
SNOs will probably not be able to offer proven compliance and certificates. But if it is a marketplace then offer and demand will set the rules and I donât see why there should not be a demand for non-compliant storage if the price is right. For example: If somebody needs storage for a blockchain, why should that be required to have GDPR, SOC2, ISO or whatever certification?
Thatâs just my idea.
Of course if it will turn out this way, Storj will probably never try to get the global network certified. So the future for SNOs could be that they will be excluded from those real big data enterprises. But there is also the question, would those companies ever buy their required storage on such a marketplace? Probably not. They would probably still buy it directly from a company e.g. Storj rather than a marketplace. So maybe there is hope for the SNOs.
I think what theyâre pushing is that instead of requiring rigor in the source data (itâs in a specific format, in a specific place, and it can always be transformed in a certain way)⌠they use the magic-of-AI to accept data in fuzzy/changing formats⌠and the output of the Diol architecture is data that has been changed into a specific rigourous format thatâs suitable for things like reporting systems. Large companies usually build a specific toolchain for those types of reports: because they can afford to do so. Diol seems to let smaller firms get the same results but without having to be so strict with source data.
In their example, the âFederated Data Roomâ is Storj S3. And in addition to it holding the Structured Data results⌠it also holds copies of the originals-that-the-data-was-pulled-from. So yes while they donât copy all the source data⌠they do copy the files that ultimately were used. So anyone questioning âwhere did you get these numbers from?â is only a click away from being shown: served from Storj S3. It sounds boring: but data lineage is important: and being able to prove the copy was taken at a certain time, with exact contents (with a hash recorded on the blockchain) is another feature small companies typically canât afford to do well.
(But Iâm sure right after they make a Diol sale ⌠or even if they donât⌠theyâll try to talk to IT about Storj being the Cloud Backup for their systems. Or talking to management about how different teams and different managers can easily share their own private data globally with Object Mount. Show me the money! )
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But at the same time they are saying
People donât want to hand over their data.
https://youtu.be/43Qb1uUhKCo?t=1498
What I am saying is that one of the key concepts of Inveniam.io seems to be that it can access existing data at existing places without the requirement that is has to be turned over or stored at them for many reasons including compliancy reasons. At one part they even say that the database they create for the client can even live without Iveniam.io.
https://youtu.be/43Qb1uUhKCo?t=1586
everything thatâs the basis of rag retrieval augmented generation queries against the AI we donât stick that in our database we give it to the client
and itâs itâs not in our possession and assigned to them itâs theirs they own it they can cut us off if they want to if they lose trust in us they itâs if they stop being our client they still own it it right and itâs there so all of the information that
So while of course Storj buckets can be used (and may be used by Inveniam internally), there is no obligation for their customers to use it as well. They can try to sell it to their customers but again this goes against the general idea that it is absolutely not required for Inveniam.io that the data lives on their platform.
so all of the information that theyâve processed in this in the Inveniam platform is chunked and Vector embedded and put into this rag database for them to use and so now they can use that as the basis of interaction with any AI outside of Inveniam.
For me this sounds that data remains at the client and therefore the Inveniam platform is not a big source for new customers for Storj.
To me the quotes sound like they are fully aware that asset owners can be very reluctant to hand over the source data for various reasons. From operational to compliancy and even privacy concerns. I donât see that as he main business option for Storj.
For AI world the storage usage is huge, because models are huge, they process PBs of data to make them work, so they will use Storj storage as well, because it allows to get that data globally in a globally distributed computing, so I think the demand will only grow with growing of AI usage.
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Neah, they just get data from internet, social media, public dbs⌠the data is already out there. No need to re-store it somewere else.
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The data needed to be stored anyway before it can be processed, otherwise it will be slow and what happen if the site is down?
Data disappears from the Internet all the time. And, on top of that, repeated scraping is way more expensive than just storing data, especially in a nicely post-processed form.
I know a company who is building a web3 video platform.
They work with Storj because they are good.
The developer says Storj has a great product, much better than filecoin and IPFS in his experience. If Storj gets the credits itâs deserve they will be the biggest very soon.
So i hope it all works out well for Storj.
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They can contact sales if they didnât so yet.
yes, they have already, i think my message started a storj coin rally 
any news ?
Writers, Artists, Musicians, scientists, journalists etc are starting to get traction with the monetization of there works for AI usage. Governments are starting to take notice.
If that happens (and it should IMO) the is going to be a requirement for huge amounts of storage for preprocessed, high quality, authentic data and I think âdata marketsâ where you can select sets of data to train your AI will arrive.
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Yes, here:
Haha, was that you? Wondered what happened lol
Hahahah, I love how the Storj tokens are shown/appear to be plummeting downward.
2 cents,
Julio