It is still challenging to comprehend that there are crypto projects that provide storage for files, just like Amazon S3 or Google Drive, additionally offering the earning option. Storj is one of those DCS (decentralized cloud storage) solutions. It comprises over 13,000 nodes across the globe repositioning data in an encrypted format, and the quantity of nodes keeps growing.
The Storj (STORJ) token is an Ethereum-standard token that drives the network. For offering the space to store user files, node owners get rewards in Storj tokens, issued exclusively for that purpose.
Some of the options that Storj offers include media storage, file sharing, decentralized backups, and software distribution. The platform provides secure storage options by dividing the information into 80 pieces and sending them to 80 different nodes worldwide. Big companies such as LOOMIA, MongoDB, the Internet Archive, and more partnered with the platform to store their files.