XStorage price

XSTX

X-Storage is a Web 3.0 global decentralized data storage and distribution network with additional live streaming capabilities and enhanced 3D rendering resources for real time gameplay services and 3D-VR visualization (metaverse on-ramp interface and hosting environment).

The infrastructure is a combination of up to millions of individual storage devices and 3D rendering hardware controlled by a highly performant peer to peer network management software layer and an open access gateway with a web based front end interface for any demands of storing and securely handling any kind and any volumes of data and other distributed rendering service tasks .

All states of blockchain logged data like validation, storage / distribution, handling and smart contract execution are fully based on the XRP network and its toolkits.

Contributing and sharing fast accessible memory drive space for data storage and the existing low latency high bandwidth connection for data delivery, will be incentivized by earning XSTX. The validation and qualification process, to become a X-Storage partner, will have just a few but clearly specified minimum requirements to keep entry barriers low but the network fast, flexible and therefore highly competitive.

Furthermore X-Storage will create an economically valuable set of network applications to offer more profitable streams of income as an alternative to the current communities of PoW miners. Their existing high performance 3D hardware will be used by the X-Storage network much more efficiently by taking over 3D real time rendering tasks for the emerging needs of metaverse projects and real time game streaming.

The team of X-Storage consists highly educated engineers which are working together successfully for years. This is a key factor for the success of this project. One of the founders and CEO of X-Storage is Dr. Till Hoffmann from Germany. He studied economics and is a successful software entrepreneur and investor. The development team is leaded by their CTO Uwe Prochnow, who is very knowledgeable in software development processes especially in the field of data compression and distribution and infrastructure. He also owns several patents in this section. The development team contains currently 18 developers, eight of which are working full time. The team has years of experience and knowledge in XRPL technology.

There is a maximum supply of 1.000.000.000 coins. 50% of all coins will be distributed to the community and economy in the early stage after the planned listing on a bigger exchange. 25% are owned by the seed investors, further 15% by the team. The team and the seed investors also have very strict selling policies which make sure that they have to keep their coins for a longer time.

X-Storage plans to launch their first Beta-Version in the beginning of the next year. The basic system will include the service of data storage. After that further IT-services like real-time gaming (even VR, which would be revolutionary for applications like metaverses) and streaming are in the pipeline.