//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.

November 19, 2018 . 5 min read

STORE Announces New Marquee Investors

San Francisco, CA - Zero-fee cryptocurrency STORE today announced the participation of two new investors, AlphaBit Digital Currency Fund and Data Collective Managing Partner Matt Ocko.

San Francisco, CA - Zero-fee cryptocurrency STORE today announced the participation of two new investors, AlphaBit Digital Currency Fund and Data Collective Managing Partner Matt Ocko.

STORE is building the zero-fee, programmable payments infrastructure for the public internet. The cryptocurrency is designed from the ground up for use by today’s biggest enterprises. In particular, STORE has designed a decentralized governance of checks and balances designed to inspire confidence among those major economic actors. These new investors represent a major boon to $STORE’s aim to become the internet’s reserve, zero-fee currency.

“AlphaBit has been very helpful to our team in navigating the global cryptocurrency ecosystem,” said STORE creator Chris McCoy. “They’ve made multiple introductions at pivotal moments in our journey, which have resulted in significant long-term leverage for our project.”

AlphaBit CEO Liam Robertson said, “AlphaBit is excited to be invested in STORE, a project boasting an incredibly talented team and fascinating approach to market governance under a digital constitution.”

STORE’s governance system was also a major attractor for Ocko, managing partner for Data Collective, who invested independently.

“Cryptocurrency is an essential tool for disinter mediating oppressive rentier financial systems and their captive, asleep-at-the-switch regulators … but crypto that feels understandable and usable to ordinary people relative to their experience with US dollars … is really needed for the global middle class to truly support crypto,” said Ocko. “STORE is the only cryptocurrency I’ve seen that has the durable mechanisms and governance that one would expect of a mature global reserve fiat currency, while simultaneously addressing inflation concerns.”

The STORE team’s respect for Ocko and his experience go back years. Said McCoy of Ocko, “He and I have been discussing the potential of blockchain-based payments in the web layer as far back as 2014. As attack surfaces on public blockchains grow, STORE will benefit from Matt’s knowledge and network. He’s the perfect Silicon Valley VC to invest in (and advise) STORE!”

For more information about STORE, email [email protected] or visit https://storelabs.org

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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.