Casper - decentralized cloud-based data storage for DApps

The CASPER API creates a decentralized P2P cloud storage where anyone can become, as clients of this project, and the directors of this service. P2P storage of data will give a big advantage over competitors, as data storage in different places will not only provide resistance to attacks, but also localize files in different parts of the world. The Casper API provides the ability to select a supplier network in the regions you need, if this is necessary for the customer.

Work cloud storage with the help of the Casper API smart contract. He will keep a register of service providers, connects them with consumers. As well as the smart contract track compliance with the working conditions of participants who store the data of the clients of the campaign. The campaign will have its own monetary unit - Casper token (CST). To become participants of this project and provide data storage services, you need a CST token. For one token stored at your initial stage you can provide storage space for 25.6 gb. But in the future this quota will be revised upwards, as the company will release a certain amount of GST, and the amount of memory provided by service providers for cloud storage will only increase.

The client will prepay for services for storing and downloading data from the service provider every month using the client application with BTC, ETH crypto currency or in dollars with conversion to CST. A smart contract automatically selects suppliers to store the file. As soon as the file is stored with it, the smart contract starts charging the storage fee on a monthly basis from the prepayment made by the user. If the user deletes the file from the service, the unused portion of the prepayment is returned to the user.

Service providers will receive remuneration in CST tokens. In the company CASPER API, the incoming channel will not be charged, which will make the storage free of charge for customers. In this case, the user must pay for storing the file and pay for each download of the file from the equipment of the service provider. The amount of data download traffic on the market, more traffic volume downloads data to the server. Thus, the supplier, providing free download of the data, will, on average, compensate for this by receiving the charge for downloading the data. For the customer due to this price barrier to start using the service will be lower and include only the cost of storage.

GST token

The GST token can be freely sold, bought or exchanged on the exchange. And also it can be leased. The software company Casper API, will provide processing of transactions and provision of access to customers in the network. For this, the company will charge a commission of 15%. Since the smart contract will only work with CST tokens, the Casper API will save some of the incoming payments to maintain the normal operation of the network and the software, and the rest is converted to CST tokens at the market rate through the exchange. The resulting tokens will form a fund to reward network providers and be distributed among them in accordance with a useful contribution to the system. Such a system will allow the supplier to receive remuneration in a fiat currency, returning tokens into circulation. A growing flow of paying customers will stimulate the purchase of tokens by Casper API, which in turn will stimulate the growth of the CST token rate.

ICO

Pre-sale already completed project collected 1239 ETH in just 60 minutes! ICO will go two months or earlier if the project collects the planned sum of $ 31800000. If the project does not collect a minimum sum for successful development of the project in the amount of $ 6,700,000, then all funds will be returned to investors. A total of 440000000 DTZ will be issued for sale. All the coins that have not been sold are burned and after the ICO new coins will not be produced or will not be mined. The main holders of coins will be investors together with bonuses they will receive 72.4% of all tokens issued by the Campaign API. The team will get 15% of tokens, and advisers will get 1.6%. All other tokens will go to the referral program and the reserve fund.

The co-founder of the company is Artem Kaltsov. He has six years of experience in managing the company Legion-digital, and also is the head of the expert council for blockade and crypto-currencies under the State Duma of the Russian Federation. Manages the project Alyona Kolpashnikova she has five years of experience in project management and products building processes in teams of 5 to 120 people. The general director in the company Vitaly Cheremensky has wide experience in management in various business spheres. Graduate of St. Petersburg State University ITMO, a member of the expert council for block and crypto-currencies under the State Duma of the Russian Federation.

As you understand the team is assembled from ambitious prospective and highly qualified specialists. This command does not stop halfway will not abandon this project, but will constantly improve and update, and add new features to the platform. And in the near future will bring the project to the highest level, thereby not allowing them to come close to competitors.

TEAM

More information at this links:

Website: http://www.casperproject.io/
Whitepaper: http://www.casperproject.io/docs/Casper_whitepaper_eng.pdf
Twitter: https://twitter.com/CasperAPI
Facebook: https://www.facebook.com/CasperAPI/
Telegram: https://t.me/CasperProjectENG

By: https://bitcointalk.org/index.php?action=profile;u=1348503
Mew: 0xCa53A32ab48cF8bA4eC4A494bA4e95ceC26Fe71d