W3 Storage Lab offers the Foggie Max IO, a data sovereign decentralized physical infrastructure network (DePIN) server that enables users to manage and protect their data while integrating IoT devices. By allowing users to earn cryptocurrency through sharing spare storage and public content, the platform addresses the lack of data ownership and privacy in traditional storage solutions.
Funding
$3M 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.
DDOVFounders
Product
Problem
Traditional cloud storage solutions are vulnerable to data breaches, lack user control over data, and can contribute to AI model training without user consent. Centralized systems also present a single point of failure, making data susceptible to loss or censorship.
Solution
Fog Works offers Foggie Max IO, a data sovereign decentralized physical infrastructure network (DePIN) server that empowers users to manage, control, and protect their data. Unlike traditional cloud storage, Foggie Max IO stores data on a user's physical device, providing a tangible sense of ownership and privacy. The device uses the open-source CYFS protocol and integrates with Datamall Chain (DMC) to enable Web3 functionalities, such as earning cryptocurrency rewards for sharing spare storage and public content. Foggie Max IO also facilitates secure, end-to-end encrypted backups across a decentralized network, ensuring data is always recoverable and protected from unauthorized access.
Target Audience
The primary target audience includes individuals and enterprises seeking secure, private, and user-controlled data storage solutions, as well as Web3 enthusiasts interested in earning cryptocurrency rewards through decentralized storage networks.
Features
- Data storage on a personal physical device for enhanced control and security
- Integration with CYFS, a next-generation internet protocol designed for Web3, upgrading HTTP, TCP/IP, and DNS
- Compatibility with Datamall Chain (DMC), enabling users to earn $DMC tokens by sharing spare storage and public content
- Immutable URLs for files stored on the device, recorded on a public blockchain for permanent accessibility
- End-to-end encryption for secure data backups across a decentralized network
- Ability to control access to content, keeping it private, semi-private, or public
- Accelerated access to Web3 content through CYFS, improving speed by 2.4X to 5.0X
- Prevention of digital asset misappropriation by permanently recording the creator of unique files on a public blockchain
- Capability to download and run permanent decentralized applications (dApps) directly on the device