The startup has developed a decentralized multichain storage platform that utilizes unused storage capacity from individual computers to create a distributed hosting network. This approach enhances data security and provides a cost-effective alternative to traditional cloud services while allowing users to earn cryptocurrency by sharing their storage space.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SCFounders
Product
Problem
Traditional centralized data storage solutions are vulnerable to data leaks, DNS hijacking, and single points of failure, creating significant risks for both individuals and enterprises. These centralized systems often lack transparency and can compromise user data sovereignty.
Solution
DeNet provides a decentralized storage protocol that leverages unused storage capacity from a global network of devices, offering a secure and cost-effective alternative to traditional cloud services. The DePIN storage layer ensures data privacy and security through direct client-to-node interaction, eliminating third-party access. Files are distributed across the network, with automated replication and no single point of failure, enhancing reliability and preventing data loss. DeNet also features tokenized Real World Asset (RWA) capacity, allowing users to regain ownership of their data and participate in a self-stabilizing storage economy.
Target Audience
DeNet targets enterprises seeking secure and private data storage solutions, individuals looking to protect their personal data, and Web3 developers needing decentralized infrastructure for their applications.
Features
- Decentralized file storage with no single point of failure
- Tokenized RWA capacity using $TBY (TB/Year) for a self-stabilizing storage economy
- Blockchain agnostic design, compatible with any blockchain
- Automatic file replication for data redundancy and reliability
- Direct client-to-node interaction for enhanced privacy and security
- Datakeeper Nodes allow users to earn passive income by providing storage capacity
- Watcher Nodes enable mobile earnings by contributing to network security
- DeNet Market provides a secure and convenient access point for Web3 applications