Storj (STORJ) has a strong history and "OG" status in decentralized storage since 2014.
Over 22,000 active network nodes with strong geographic distribution.
Default encryption for data security.
Predictable pricing and redundancy threshold enhance user experience.
Tokenomics favor flexibility in payments.
Storj is criticized for higher operational centralization despite marketing decentralization.
Limited online community engagement and surface-level social media presence.
Concerns about the significant token supply in the hands of STORJ Labs.
Growing demand for storage with the digital economy's exponential data growth.
Decentralized solutions like Storj offer cost advantages over centralized options.
Facing competition from more decentralized and cost-effective storage solutions.
Need for breakthroughs or partnerships to remain competitive.