ColdStack June Report
Dear community members, we’ve done a lot of work in June and now we’re ready to show you the results in our monthly report.
Tech Upgrades
During the last month we’ve worked hard to improve technologies and the architecture of decentralized storing in our system. We fixed the discrepancy with the extended S3-protocol standard which had been brought to light during the maintenance. The performance of data transfer was increased. We’ve noticed the fact of single point of failures caused by caching loaded data on our Gateway Nodes during the time between the moment of loading them into the File Node and the moment of saving it in the one of the Decentralized Storage Network we use. The bugs with billing and uploading huge files (up to 2Tb), as well the authentication issues are also fixed.
Vesting period for Private tokens is over!
According to our Vesting Schedule, vesting period for Private investors is over this month. We assessed that the private investors who wanted to get out of the token as swiftly as possible, have already done it in the first half of June. That’s why we expect that their pressure will subside due to the token’s course. Despite the global tension on the market the course of CLS is pretty much steady. This fact lets us look forward optimistically.
Last version of the updated Vesting Schedule was published in our Medium article here: https://medium.com/coldstack/coldstack-extends-its-vesting-schedule-e270877daeeb
Store-to-Earn: ready to go
We know that you all can’t wait for our NFT-based incentive program also called Store-to-Earn to become ready to go! And this month we’ve tried hard to bring it closer to the start. Right now we’re working on the article which will represent all the NFT tokens used in this program: their types, features and advantages that will be given to their holders during the CLS tokens’ staking.
Beyond the Crypto
From the beginning, ColdStack has not only been focused on crypto-audience, but also on those businesses which don’t refer to the crypto community. Amazon S3 protocol is de-facto industrial standard in data storing. The fact that we implement S3 makes it possible for you to migrate easily from Amazon, Google and decentralized clouds to Web3 storages. The problem with involving such customers is that the enterprise outside of the crypto-community is still quite suspicious about blockchain and decentralized technologies, and has difficulties with paying for SaaS via tokens, using crypto wallets like MetaMask, etc.
We will generously reward any help with new enterprise clients beyond the crypto community with our NFT incentive badges, CLS tokens and fiat/stablecoins payouts.
Stay tuned
This month wasn’t easy and the tension on the world’s market motivates us to work even harder! A lot of updates and changes are coming. Follow us and don’t miss anything important:
Official website: https://coldstack.io
Twitter: https://twitter.com/coldstack_io
Telegram: https://t.me/coldstackio
Medium: https://medium.com/coldstack
