Store&Earn: Unique Way to Earn while Storing Data

Daniil Maslov
DeNet
Published in
4 min readNov 16, 2023

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Updates to the program: https://medium.com/denetpro/introducing-the-updated-store-earn-program-empowering-adoption-of-decentralized-storage-1bfa25feff48

DeNet launches a large-scale Store&Earn program that enables users to earn while securely storing their data in a decentralized network. While this concept is entirely new and unprecedented for the decentralized storage market, DeNet has already made strides in promoting decentralized storage among the masses by launching the first private and user-friendly Web3 storage mobile app. Prioritizing data privacy and ease of use, the app has already attracted over 80,000 users, becoming the largest in the industry. With the launch of Store&Earn, DeNet has the potential to generate significant awareness for the entire decentralized storage market.

Why settle for simply storing your data when you can also earn from it?

Store&Earn is a breath of fresh air in the decentralized storage market and the wider crypto industry. It is a one-of-a-kind concept unlike anything before — it not only empowers users to earn for storing their data, but also incentivizes them to embrace the advantages of a decentralized network through various tasks.

The underlying concept behind Store&Earn is straightforward. Users are rewarded for securely storing their data in a decentralized storage app, but DeNet Storage takes it a step further by multiplying the rewards for active network participants.

The program is a remarkable endeavor that aims to make decentralized storage technologies more accessible and widely embraced. Its simplicity, coupled with its usefulness, makes it highly appealing to both Web2 and Web3 users. And Store&Earn will play a significant role in enlightening even more individuals.

So, how can you participate in the Store&Earn program?

Participating in Store&Earn is as simple as installing the DeNet Storage mobile app and making a storage deposit. To make a storage deposit swap any token for TB in the app.

Once you have a storage balance, you need to upload any file to unlock the Store&Earn program and start earning a return in the DE token. Your total reward depends on your Balance reward (basic reward which increases with your storage balance) and Total boost (boost can be increased by completing different tasks).

Here are the tasks to increase Total boost:

  • Entering a referral code: Get +2 to total boost for 1 week by using a referral code;
  • Uploading files: Earn up to +0.5 to total boost for uploading data;
  • Making X (Twitter) posts: Get a weekly +1 to total boost by sharing experience with Store&Earn on your social media channel;
  • Staking tokens: Stake DE tokens and get +0.5 to total boost, earning additional rewards for staking;
  • Running a DeNet Node: Take your participation to new heights by running a DeNet Node, earning a whopping +2.5 to total boost in addition to income from being a Datakeper in the DeNet network.

It’s important to note that the boosts may change over time as they are dynamic. However, during the initial stage of the program, participants can enjoy the most favorable conditions available.

How to participate without having to make a deposit

Store&Earn provides a one-of-a-kind chance to begin earning without having to make a storage deposit upfront. Simply by becoming part of our multi-level referral program, you can start earning an impressive 20% from the rewards earned by your friends whom you encourage to join and make a deposit. This means that with a growing balance, you can actively take part in the Store&Earn program and significantly increase your earnings.

Even more exciting conditions are provided for the Ambassadors. You can attain the status of a Verified Ambassador directly within DeNet Storage app and receive a whopping 50% of the rewards earned by your referrals. Additionally, Ambassadors receive their own set of incentives that enable them to participate without incurring any expenses.

Read more about the Storage Guru Alliance

With Store&Earn, DeNet Storage strives to promote the widespread adoption of decentralized storage technologies, granting users enhanced control over their data, eliminating concerns of data breaches, and, as an enticing perk, providing them with the opportunity to reap the benefits of their active involvement.

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