I think decentralized storage is the most slept-on component in our entire industry.
Being able to safely store your data on-chain (forever) is worth infinite $ - a solution that would change BILLIONS of lives.
@limewire is launching Blocknode, a next-gen decentralized file & object storage network with full S3 compatibility, no lock-in and validator-enforced SLAs, powered by $LMWR
Why it's needed is obvious. Current storage solutions face same issues:
- expensive
- centralized
- not flexible/scalable
- unreliable
LimeWire's file sharing platform will power Blocknode, meaning 5M+ active users and 400TB+ of data stored.
This alone will make Blocknode one of the largest decentralized networks for storage EVER.
Current competitors Walrus & Filecoin are 10-20x+ the $LMWR valuation with similar fundamentals, so this could be the Web3's AWS moment where all payment rails, staking and rewards are 100% in $LMWR
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