Updates on current fundraising efforts, CoinTelegraph, governance, and more.
Greetings, STORE community. This month has seen significant advancements in our project, including our first feature by CoinTelegraph. This coverage aligns well with our upcoming Series Seed funding round. Here’s a summary of our progress and next steps. Read it here.
Engineering
Our team has made notable progress this month:
- Advancements in our Dynamic Proof of Stake (DyPoS) algorithm
- Improvements to STORE Cloud infrastructure, focusing on tooling to allows us to begin building autonomous computing
- Progress on internal tools and APIs for developer platform evolution- Progress on multi-currency payments and gasless billing.
- This tweet from Blockworks is precisely what STORE is building to solve with our multi-currency billing and gasless payments innovation on STORE infrastructure.
- Ongoing work on the STORE Constitution and Technical Whitepaper
Priorities include finalizing the DyPoS white paper, developing autonomous computing capabilities, improving developer tools, and advancing STORE Democracy.
Operations
We’re preparing for our upcoming fundraising efforts and refining launch plans:
- Shared launch procedures and roadmap in our State of STORE update
- Preparing for a three-month fundraising round
- Launching CoinTelegraph email campaign
- Communicating with current token owner community
Our focus remains on securing necessary funds while continuing technology development.
Sample from the updated and recently published STORE Launch Plan
Governance
Key developments in governance include:
- Progress on establishing the STORE Association in Switzerland
- Collaboration with Swiss lawyers to align crypto law with regulations
- Advancement of the STORE Constitution towards +1/3 Ratification Phase
- Development of autonomous computing showcase technology
Important Note Regarding Potential Collaboration
We want to provide clarity on a previously mentioned potential collaboration:
- Meltem Demirors has not joined the project with a formal investment at this time.
- We have reached out to Meltem’s fund, Crucible Capital, to review STORE and are awaiting a response.
- We remain grateful for Meltem’s invaluable assistance last summer and fall with our fundraising and communication materials.
- We appreciate her contributions and wish her success with her new fund and endeavors.
- We remain open to future collaborations and will keep the community informed of any significant developments.
We apologize to our community for any confusion caused by prematurely sharing information about this collaboration.
If you have any questions or need additional information, please don’t hesitate to reach out.
Learn More About STORE
Explore STORE’s innovative cloudspace architecture and vision for user-owned cloud computing:
Featured Content
-CoinTelegraph Profile: Recent article highlighting STORE’s approach to decentralization in AI and cloud innovation.
Recent CoinTelegraph article highlighting STORE
Highlighted Materials
-STORE Cloud Series Seed Investment Memo: http://storecloud.org/seriesseedmemo
-STORE Cloud Super Summary: http://storecloud.org/summary
-STORE Technical Demo (video): https://youtu.be/IBB2O_ktMOQ
-STORE Quick Deck: http://storecloud.org/deck
-State of STORE Annual Report: http://storecloud.org/stateofstore2024
Other Materials
-STORE Long Deck: http://storecloud.org/longdeck
-STORE Comparison (L1, DePIN, and Public Clouds: http://storecloud.org/compare
-STORE Launch Plan and Roadmap: http://storecloud.org/launch
Latest Public Research
-Read our IEEE Paper “Enabling Autonomous Computing Through Decentralized Cloud ID Generation”
How To Help Us Grow
-Join as a long-term token partner (invite-only): http://storecloud.org/buyorder
-Join as a long-term equity + token warrant partner (invite-only): http://storecloud.org/equity
-Follow us on LinkedIn and Twitter/X
-Share STORE Cloud with your network
For questions, contact team@storecloud.org
