Prometeus Network
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Prometeus Network

Prometeus Labs introduces Coldstack: UBER for clouds

Greetings, dear community members! Today we are proud to introduce you to the second project, incubated by Prometeus Labs — Coldstack. ColdStack is a Decentralized Cloud Storage Aggregator that provides a single entry point to Decentralized Clouds such as Filecoin, SIA, Arweave and Storj with unified API and billing. This eliminates the need for our clients to deal with different APIs and different Clouds. They can reuse existing tools or SDK clients designed for the Amazon Simple Cloud Storage (S3) API, which becomes the de-facto standard for the data storage industry.

General information

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Native currency: CLS;
Tokenomics: TBA;
Public sale: TBA;

Introduction and the back story

Before the ColdStack project was founded, it’s core team participated in the development of two projects, which are the parts of Prometeus Ecosystem: Stoa — a data monetization platform and Ignite — a decentralized social network. These projects have been actively using Decentralized Data Storage Networks.

During the development of these projects, the future ColdStack team adopted and tested most of the popular Decentralized Clouds (such as Arweave, Filecoin, SIA etc). They faced the same problems again and again and that led them to the idea of creating an aggregation platform with unified API that will make unnecessary such integration efforts. A decision was taken to create such a platform as a separate project and that’s how ColdStack was launched.

As the world’s first Decentralized Cloud Platform Aggregator, ColdStack aims to offer a single entry point to any Cloud, optimizing the final costs for consumers with our AI-based pipeline. Beyond this, the platform also allows you to tokenize your data with its own tradable Non-Fungible Token (NFT).

ColdStack clients need not to deal with different APIs and different Clouds. They can reuse existing tools or SDK clients designed for the Amazon Simple Cloud Storage (S3) API, which becomes the de-facto standard for the data storage industry. They also can combine multiple Decentralized Clouds in one dApp.

Coldstack usecases

  1. Web3 infrastructure project: ColdStack can provide the client’s dApp with Web3 based “all-in-one” experience for unified data management to deal with heterogeneous data of any size;
  2. DeFi services: ColdStack can store and retrieve large hybrid datasets for DeFi services like payout schedules and token bonding curves. Most of this data isn’t frequently accessed but must be stored for a very long time or even forever;
  3. Blockchain based games: ColdStack can help game developers with the cheap and reliable storage for the archive data about the players activities. It must be stored during a long period. It will make all the payments and rewards more transparent and auditable;
  4. NFT marketplaces: ColdStack is a very affordable Digital Asset Storage for any NFT marketplace, especially for large files;

Current status

Currently coldstack is now live on Ethereum Rinkeby testnet. You can try it here. Please note that you have to have a crypto wallet like a Metamask to upload and retrieve the files. You will be provided with a 1.00 ColdStack testnet token (more than enough for test purposes). In the Live Demo, it has been creating NFTs in Rinkeby testnet for every uploaded file. You can find those NFTs here.

Official website: https://prometeus.io
Twitter: https://twitter.com/prometeusnet
Chat: https://t.me/promnetwork
Trading group: https://t.me/Prometeus_trading
Announcements: https://t.me/promnetwork_ann

Prometeus Network is a decentralized ecosystem for trustless and anonymous data exchange.

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Prometeus Labs

Prometeus Labs

The team of data scientists and professional entrepreneurs with more than 10 years experience in ML, data analysis and data enrichment.

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