Coldstack

Coldstack

CLS
$0.294846366%1.93

Key Metrics

Price$0.294846366
Real Volume (24H)$144,229.55
Marketcap$443,736.41
Fully Diluted ValuationN/A
ATH$6.46
ATH Date5/15/2021, 12:54:29 PM
ATL$0.0593
ATL Date12/19/2022, 6:21:48 PM
Circulating Supply1.6M
Total Supply50M
WebsiteN/A
WhitepaperN/A
Popularity Rank2658
Chart
What is Coldstack?

ColdStack is a decentralized cloud protocol designed to offer affordable and secure storage solutions to the crypto community. The protocol was created in response to the growing demand for decentralized storage options within the crypto space and aims to provide a unified and simple solution for projects within the DeFi sphere. The ColdStack protocol provides users with low-cost storage, anonymous usage, and encrypted data, all under a blockchain-based cloud architecture.

The team behind ColdStack realized the need for a unified and effective protocol for decentralized cloud storage after facing problems with data migration and the lack of integration between multiple decentralized clouds. ColdStack aims to resolve these issues by providing a seamless and simple platform for combining multiple decentralized clouds into a single Dapp, with no migration required for switching between clouds.

The ColdStack protocol features a user-friendly API that is compatible with Amazon S3, ensuring easy integration and ease of use. The API provides protocols and definitions to build application software, making the transition to ColdStack effortless. The Amazon S3 data repository offers data availability, scalability, and security, making it the perfect partner for the ColdStack protocol.

Alexander Shishow, the CEO of ColdStack, brings extensive experience in business development and production to the table. Victor Nagaitsev, the CTO of ColdStack, has extensive experience in AI and Big Data, making him a valuable asset to the team. The ColdStack litepaper was published on April 23, 2021, and the protocol has been gaining traction in the crypto community ever since.

In conclusion, ColdStack is a unique and innovative protocol that offers a secure, low-cost, and simple solution for decentralized cloud storage in the crypto space. With a focus on DeFi and a user-friendly API, ColdStack is poised to make a significant impact on the industry and provide a much-needed solution for decentralized storage.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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