//STORE enables these computing, economic, and governance primitives

Zero-fee settlement-layer enables

Zero-fee, peer-to-peer value transfer

Fast transactions

Scalable transactions

Democratic and 2/3 censorship resistant governance (one entity, one vote)

Tokenized Data enables

Data to be open and tradable

Data to be programmable by third party apps and devices

Data to have a monetary premium (like $STORE, $BTC, $ETH, $EOS, and gold)

Datacoin revenue to be shared with users, citizens, more

…which enables these high-level use cases

Zero-fee settlement-layer enabled

Tokenized data enabled (p2p cloud)

High-level Use Cases

Fast, zero-fee, programmable payments for the public internet

Voting on the global rules of a decentralized, zero-fee digital asset

Zero-fee, 2/3 censorship resistant value transfer of data as a digital asset

Voting on the global rules of decentralized, open, and programmable data

A web2 app developer opening APIs for other developers to build with (for $STORE)

An IoT device developer live streaming datasets for anyone to access (for $STORE)

A health care system making a prized and rare dataset available (for $STORE)

An autonomous car or drone opening its ML-ready, live data streams (for $STORE)

A local government streaming IoT device data for anyone to access (for $STORE)

(If we publish, we’ll award you with 100,000 $STORE – enough to compete in founding mining auctions.)

While STORE transactions are zero-fee for both end users and developers, if STORE is initially deployed as n ERC20 token on Ethereum, applicable gas fees apply on Ethereum. All settlement transactions on Ethereum incur gas fees. When the ERC20 STORE tokens are swapped with native STORE token tokens, transactions will be settled on the STORE network and at that time, zero-fee transactions are resumed.

June 30, 2018 . 3 min read

An Exclusive Invitation to Join Our Global Community

When STORE creator Chris McCoy began working on his vision of a p2p programmable payments system, he promised to “do it right.” That meant linking token sales to milestones attained, publishing the results of research, and developing a network protocol that would ensure decentralization and fee-free transactions.

When STORE creator Chris McCoy began working on his vision of a p2p programmable payments system, he promised to “do it right.” That meant linking token sales to milestones attained, publishing the results of research, and developing a network protocol that would ensure decentralization and fee-free transactions.

From the beginning, the STORE project has been committed to an open dialogue with potential token buyers, app developers, and customers hoping to one day pay for goods and services with a cryptocurrency designed for worldwide acceptance.

In a little more than a year, STORE anticipates that STORE tokens will be used to transact on the network. By the end of 2019, STORE plans to launch its programmable, peer-to-peer currency for global, zero-fee payments.

In the meantime, the STORE team wants to empower people all over the world to participate in the STORE network.

And so, to turn our dedicated followers into a connected community, STORE launched its Proof of Community effort in May 2018.

Highlights

  • Community members are pioneers in the development of the world’s first blockchain network for fee-free transactions.
  • STORE’s goal is 21,000 community members by launch time
  • Community members are eligible to receive STORE T-shirts and other advantages
  • Members take an active role in the STORE network

How Can You Get Involved?

At STORE, we want our community to share ideas and information openly, ask us questions and follow developments in the network.

Here are some ways to join the conversation with us:

  • Follow our Telegram Supergroup
  • Follow us on Twitter for general STORE news and developer news
  • Like us on Facebook
  • Check out our website, storelabs.org
  • Follow us on Instagram
  • Sign up for our STORE Community and DevNotes (technical update) email newsletters
  • Follow our Github page

You can take an active role in growing the STORE Community by retweeting us and sharing Facebook posts, and inviting friends to join STORE’s Telegram feed.

This isn’t just a feel-good exercise. Our community really does get involved in the core project. Recently, the STORE Community took part in a poll to help choose a newly redesigned logo. Many members are steeped in the history of the project, its mission and messaging, and they took the opportunity to weigh in seriously.

Now that the community has helped to choose a new primary logo design, the team is looking for help again for a secondary choice. You can weigh in here and here.

Anyone in our community can volunteer to peer review STORE’s research papers, post video reviews or blog about the team’s activities. Once members earn their STORE tee, we encourage them to post their role in the community in their LinkedIn profiles and a photo on Instagram or Telegraph. As creator Chris McCoy says, “It didn’t happen if there’s no photo.”

Interest in the STORE Community is growing quickly, with potential members all over the world offering to host meet-ups in their home cities, including London, Adelaide, Hong Kong, Taiwan, Stockholm, Brussels, Jakarta and Kiev. In six months, STORE’s Telegram Supergroup has attracted more than 1,300 members, with more joining every day.

Membership has its privileges

We want to make sure our community members feel appreciated. So everyone who fills out our Proof of Community questionnaire will receive a free, limited-edition T-shirt featuring the exclusive STORE #💰 logo design. Members who post photos of themselves wearing their T-shirts will receive priority access to network dWorker roles if they qualify.

In addition, the most-connected Community members will be prioritized for a future Airdrop of STORE (STORE’s native currency) and for inclusion in regulatory-compliant, invite-only token events.

Now you’re thinking, ‘How can I join the STORE Community?’

Fill out STORE’s Proof of Community questionnaire. If you’re able to answer “yes” to at least 30 percent of the questions, you’re eligible to join the Community.

What does it mean to be a STORE Community member? You could:

  • Stay up to date on news about the network
  • Apply to help govern, secure, and validate transactions by running nodes
  • Contribute code or develop an app on top of the STORE platform
  • Own a STORE Wallet when the STORE token launches in 2019 and make zero-fee transactions

About STORE

STORE is a new public blockchain with high throughput, true decentralization, and zero transaction fees. The project has eyes on taking on VISA with a faster, zero-fee, programmable, p2p payment system. If Ripple is taking on SWIFT, STORE is taking on ACH payments. Structured to become a non-profit at public launch in 2019, the kind of market disruption this new payment approach could inflict on existing financial institutions is momentous.

STORE's native currency, STORE, uses a sustainable inflationary monetary policy to achieve zero-fee transaction fees for merchants, developers, and end users. Inflation is dynamically pegged to the number of tokens staked by dWorkers, who are in turn rewarded for contributing resources to the protocol's validation, governance, security, and scalability mechanisms. The rate of inflation grows proportionally to the growth of total value staked, reaching a hard cap at 51% of total supply staked: at this limit, annual token inflation flatlines at 4%.

STORE strives to take the Web 3.0 ethos one step further, leveraging a unique on-chain governance model of checks and balances.

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KYC/AML checks are required for securities law compliance. This will be a Reg D and Reg S global offering.

DISCLAIMER

Nothing herein is intended to be an offer to sell or solicitation of offer to buy, STORE tokens or rights to receive STORE tokens in the future. In the event that STORE conducts an offering of STORE tokens (or rights to receive STORE tokens in the future), STORE will do so in compliance with all applicable laws which may include the Securities Act of 1933 and the rules and regulations promulgated thereunder, as well as applicable state and foreign law. Any offering for sale to US Persons in a regulated transaction will be pursuant to a registration statement qualified by the Securities and Exchange Commission, or an applicable exemption from the registration requirements.