Siacoin

A Decentralized Data Storage Platform

Network Token

Siacoin (SC)

Siacoin is reinventing cloud storage. Our technology connects users who need file storage with hosts worldwide offering underutilized hard drive capacity. Blockchain technology secures their data and enables improved economics for users and hosts.

The Sia blockchain allows this marketplace to run without an intermediary. Sia secures storage transactions with smart contracts, creating a more reliable and affordable offering when compared to traditional cloud providers. No one person or organization can censor or deny access to data—not miners, not developers, nor any government. We believe Sia’s distributed, decentralized storage technology is stronger, more secure, more efficient, and more equitable for the entire ecosystem.

“We believe that neither individuals nor institutions should be beholden to large corporations. Sia was created to promote and safeguard users’ freedoms. It’s our attempt to bring decentralized storage built on blockchain technology to the mainstream without sacrificing price or performance. Our long term goal is for Sia to become the backbone storage layer of the Internet.”

Buy & Sell
Positives

  • An Industry In Need Of Blockchain Tech
  • Long Standing Project. Reputable Devs.
  • Clean, Easy To Navigate Website
  • No “Complete” Data. No Way Of Stealing Data.
  • Official Wallets Available

Exchanges
Concerns

  • Strong competitors such as Dadi. Amazon S3 & Dropbox have most of the market in this industry.
  • High circulating supply considering application.
  • Lack of marketing. Project is progressing but with little news to investors.

Official Links
Token Details

Token Type

Network Token

Powered by the Sia Network. Can be stored on any compatible wallet e.g Sia UI

Token Statistics

Supply

• Ticker: SC
• Total Supply: –
• Circulating Supply: 33,445,185,810
• Token Use: Data Storage Fees

Founders

The Team

David Vorick (CEO & Developer)
Luke Champine (Co-Founder & Dev)
Zach Herbert (Operations)
More

Industry

& Competitors

• Decentralized Storage
• Data Security
• Competitors – Dadi, MaidSafe

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