Storj profile
Storj Profile (STORJ)
Rating: C | Good
Balanced Small Cap
Project Safety Score

Wed, Jan 26, 2022 5:48 AM

C
Rating Good
Market Cap $387379436.06704
24hr Volume $29702906.412475
Price $1.0108361108694
Review

Storj

token

Ethereum

Storj is an open-source platform that leverages the blockchain to provide end-to-end encrypted cloud storage services. Instead of maintaining its own data centres, Storj platform relies on a peer-to-peer network of individuals or entities sharing their storage spaces. The Storj project is owned and developed by Storj Labs Inc. Storj intends to facilitate a faster, cheaper, and secure file storage solution than traditional cloud storage platforms. To achieve its goal, Storj deploys several innovative technologies and methods to make sure that users are able to store and retrieve data in a fastest possible way while not compromising the security and integrity of data. Storj Labs Inc was founded in 2014 by Shawn Wilkinson with co-founders John Quinn. The company is headquartered at Atlanta, Georgia in the United States. Shawn was previously appointed as CEO, but in March 2018, he stepped down from the post to serve as CSO of the company. Shawn was replaced by Ben Golub (Ex-CEO of Docker) who currently serves as the Executive Chairman & Interim CEO. Co-founder John Quinn has been appointed as the Chief Revenue Officer. The company launched its initial coin offering (ICO) of the new tokens on May 19, 2017. At the end of the token sale on May 25, 2017, the company had raised about $30 million. Storj Labs allowed SJCX holders to exchange their tokens with the new ones in a 1:1 ratio through a token conversion campaign which lasted till October 2017. Storj Labs pre-mined its entire supply of tokens at the inception; no new tokens can be created via STORJ mining. Nevertheless, users can obtain STORJ tokens by becoming a farmer in the network. Another obvious way to acquire STORJ is through trading on a cryptocurrency exchange. Up until now, cloud storage companies have dictated the terms of service to their users, and as a result, there has been little to no competition within this digital sector. However, with the introduction of Storj, all of that may change." Check out CoinBureau for the full review on OmiseGo.

Read more in the whitepaper:
https://storj.io/storj.pdf

Storj Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0xb64ef51c888972c908cfacf59b47c1afbc0ab8ac

Storj Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Storj Safety Report

Storj has a safety score of 5.75

Storj is a small cap token.

Storj is suited to a balanced investment style.


Storj Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile

Storj Red Flags

There are currently no Storj red flags.


Storj Development Score

The Storj project has 47 active source code repositories.

The most recent commit was Wed, Oct 7, 2020 3:59 PM

  • 909 Watchers
  • 3630 Stars
  • 2000 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • extremely high stars
  • very high watchers
  • extremely high mentionable users
  • daily repo updates
  • no repo stars

Storj Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Enough of a collection of articles to be just about confident of the sentiment

Storj Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Storj?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Storj has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • poor reddit articles

Storj Awareness Score

The awareness score indicates how well Storj is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Storj is but a good measure of longevity is how well the project is known by the general public.

Overall Storj this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • low search result total
  • poor number of news articles mentioning Storj
  • very poor number of headlines about Storj
  • very low number of Storj YouTube videos

Storj Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Jul 2, 2017)

Storj Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Storj Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

STORJ
Member Ratings (STORJ)

--/5

0 reviews
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No one is talking about Storj, be the first to start the conversation.

Do you think Storj is a scam project which will disappear in a rug pull in the next few months or do you think Storj is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

95%

Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile

Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
132
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.

Storj Reddit

Storj Github

Storj News

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