//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 28, 2017 . 2 min read

Virtual Currency Leader Ari Paul Joins STORE as Strategic Advisor

Early in his career, Ari Paul recognized the need for cryptocurrencies to occupy a place in consumers’ (virtual) wallets and investors’ holdings. As co-founder and chief investment officer for BlockTower Capital, Paul specializes in professional trading and portfolio management of cryptocurrencies.

Early in his career, Ari Paul recognized the need for cryptocurrencies to occupy a place in consumers’ (virtual) wallets and investors’ holdings. As co-founder and chief investment officer for BlockTower Capital, Paul specializes in professional trading and portfolio management of cryptocurrencies.

With confidence in his vast knowledge and experience in the virtual currency marketplace and the technology behind the blockchain process on which it runs, STORE creator Chris McCoy announces Paul’s affiliation with the company as strategic advisor.

“Ari’s belief in the potential of blockchain technology across multiple industries, his deep understanding of the underlying economics powering cryptocurrencies, and his faith in our team’s ability to deliver upon the ambitious technology goals of STORE positions Ari as a tremendous long-term advisor to our protocol. We’re all very excited to work with him.” McCoy said.

Before co-founding BlockTower Capital, Paul spent four years managing investments for the University of Chicago. He was portfolio manager for the $150 million long volatility tail protection portfolio, and led projects analyzing private equity cash flows, factor based investing, and performance attribution.

“The STORE project is at the intersection of innovative blockchain engineering and a clear business use case. Equally important in my view, the project leader Chris McCoy has a history of executing on ideas as a successful serial entrepreneur,” Paul said.

Before taking a position with the University of Chicago, Paul was a derivatives market maker and proprietary trader for Susquehanna International Group. Recognized as a leading expert on cryptocurrency investing, Paul began writing about investing and economics shortly before the 2008 market crash. He still contributes regularly to The Cryptocurrency Investor blog.

Paul earned a Bachelor’s degree in political science from the University of Pennsylvania and an MBA from the University of Chicago with concentrations in economics, entrepreneurship, strategic management and econometrics and statistics.

STORE, a new public blockchain with a governance similar to the checks and balances of the U.S. Constitution and dynamic economics similar to ride-sharing companies like Uber, is powered by a Dynamic Proof of Stake consensus algorithm ensuring free transactions and continuously profitable operations.

McCoy said the STORE team is confident that Paul’s deep knowledge of the cryptocurrency space will prove indispensable as the company sets strategy for the future.

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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.