Thank You!

With the tremendous support of our community,
Storj successfully raised $30MM in revenue during the token sale!


Token Distribution

We are excited to announce that the STORJ token has officially been distributed!


Instructions

The STORJ token contract address is:
0xb64ef51c888972c908cfacf59b47c1afbc0ab8ac

You will need to set your wallet to watch the token contract.
Instructions vary by wallet. Additional info can be found in our FAQ.


FAQ

Token Distribution

We understand that you’ve been anxiously awaiting the distribution of your STORJ and are excited to report that the STORJ token has officially been distributed!

The STORJ token contract address is: 0xb64ef51c888972c908cfacf59b47c1afbc0ab8ac

You will need to set your wallet to watch the token contract. While instructions vary by wallet and we always recommend referring to their official documentation, we have provided instructions for many of the most common ERC-20 wallets later in the Token Wallets section of the FAQs.
The Storj Token sale is unique in many ways:

  • Because the Storj network has been running for over a year, there was a significant ecosystem that needed to be updated prior to the release of the new token.
  • In addition to the STORj token distribution, our team also had to finalize the custom application to convert SJCX to STORJ.
  • Additional time was required to implement timelock smart contracts for tokens sold during the pre-sale.

Some of the above tasks have never been done before in any other token sale. As a result, additional time and care were taken to ensure that the process was done correctly, every step of the way.
This will depend largely on the Ethereum wallet that you used. For many, the STORJ token will appear automatically. If this does not occur, you will need to add the token manually to your wallet. Each wallet should have a well-documented process for this. For most major wallets, instructions can be found in the next section.

Token Wallets & Management

The STORJ token contract address is: 0xb64ef51c888972c908cfacf59b47c1afbc0ab8ac

Below, you will find instructions for most major ERC-20 wallets. For any not listed, we recommend reviewing the wallet provider’s official documentation.


MyEtherWallet

MyEtherWallet should automatically recognize the new STORJ token. If it does not, please take the following steps to add it:

  • Navigate to the “Send Ether and Tokens” page
  • Under ‘Token Balances’, select the option to ‘Add Custom Token’.
  • Enter the STORJ contract address in the “Address” field
  • Enter “STORJ” in the “Token Symbol” field
  • Enter “8” in the “Decimals” field


Parity
  • Parity now recognizes the new STORJ Token automatically under the abbreviation STJ.


Jaxx
  • Jaxx will support STORJ tokens in their next update, so please hold tight and they will appear automatically after the update.


imToken
  • imToken will automatically recognize and show your STORJ tokens.


MetaMask
  • (coming soon)


Mist
  • Click on the "Contracts" button
  • Scroll to the bottom and click "Watch Token"
  • Enter the STORJ token contract address in the "Token Contract Address" field
  • Enter "Storj Token" in the "Token Name" field
  • Enter "STORJ" in the "Token Symbol" field
  • Enter 8 in the "Decimal Places of Smallest Units"


Hardware Wallets
  • Trezor / Ledger Nano S



General Questions

Token Sales have gained significant momentum because of their ability to support distributed applications and open source development teams. Revenue generated from the Storj Token Sale will allow us to accelerate product development, while promoting developer adoption and network growth. Additionally, it will allow us to finance the continued development of Storj and create a fully functional distributed, decentralized cloud storage platform.
We will use the revenue gained from the token sale to expand our technical and non-technical staff, fund business growth and product development, and continue working towards our goal of becoming the largest distributed, decentralized cloud storage platform.

More details are outlined in the token sale terms https://storj.io/sale-terms.pdf
During the token sale, just over 73,228,000 STORJ were sold.
Right now, there are roughly 51,000,000 outstanding SJCX. After the STORJ distribution and SJCX burn, there will be slightly under 125,000,000 outstanding STORJ. The number of outstanding STORJ can always be verified at https://storj.io/supply.json
The burn will be completed no later than Thursday, June 22nd. Additional details will be released here, once complete.
The STORJ token can be used to buy storage on the Storj network, power apps and ecosystems built on the Storj platform, and allows you to gain access to other services offered by the Storj platform such as DNS and TLS automation and Bridge server contracts.

As the number of apps and ecosystems built on the Storj network grows, so too will the number of uses for the STORJ token!
As stated in the Storj Token Sale Terms, all tokens purchased during the Storj Token Sale will be distributed within four (4) weeks of the sale period end date. Based on the sale period end date, this means tokens will be distributed no later than June 22, 2017.
Token Sale Participation You can participate in the Storj Token Sale using either

BTC or ETH to fund your purchase
BTC participation requirements:
  1. A BTC refund address

  2. A receiving Ethereum address - This Ethereum address must be from an ERC20 compatible wallet (such as Parity, Mist, MetaMask, and MyEtherWallet). Your STORJ tokens will be delivered to this address.

    We cannot fill your order unless you have an Ethereum account with an ERC20 compatible wallet.

  3. An email address - For sale-related notifications. We won't ever disclose your email to third parties.

  4. Receiving and refund addresses cannot be exchange addresses,
    unless you own the private key.
ETH participation requirements:


  1. A receiving Ethereum address - This Ethereum address must be from an ERC20 compatible wallet (such as Parity, Mist, MetaMask, and MyEtherWallet). Your STORJ tokens will be delivered to this address.

    We cannot fill your order unless you have an Ethereum account with an ERC20 compatible wallet.

  2. An email address - For sale-related notifications. We won't ever disclose your email to third parties.

Receiving and refund addresses cannot be exchange addresses,
unless you own the private key.

Storj is a peer-to-peer network comprised of “farmers,” users who rent out their spare hard drive space and bandwidth, and "renters" who purchase space and bandwidth.

Storj is up to 10x faster and up to 50% less expensive than traditional datacenter-based cloud storage solutions. Storj is a platform, a token, and a suite of tools for developers looking to build better tools and applications.

No. The Storj Token Sale has ended, and we are not accepting anymore purchase orders.

Troubleshooting

If you purchased STORJ tokens using BTC as your payment, you were asked to supply an Ethereum wallet address. This Ethereum wallet address is where the tokens will be delivered.

If you purchased STORJ tokens using ETH as your payment, then the tokens will be delivered to the same Ethereum wallet address that was used to make the purchase. In other words, your payment address is also your receiving address.

We made every effort possible to stress the importance of using an ERC-20 compatible wallet in the sale terms, through the payment web application, and numerous times on the token sale website.

As a result, we are unable to guarantee receipt if these instructions were not followed. We are happy speak with you further on the matter and may be able to make arrangements on an exception basis. For inquiries related to this, please email: hello@storj.io
We made every effort possible to stress the importance of not using an exchange wallet in the sale terms, through the payment web application, and numerous times on the token sale website. As a result, we are unable to guarantee receipt, if these instructions were not followed. We are happy speak with you further on the matter and may be able to make arrangements on an exception basis. For inquiries related to this, please email: hello@storj.io
If you have any questions related to the number of STORJ you received, please email hello@storj.io from the email address that you used to complete the purchase. Please be sure to attach the original payment confirmation in addition to any pertinent details regarding the purchase and we will look into it.

Our Accomplishments

One of the few token sales backed by a working product

Channel Partnerships

We've partnered with Microsoft Azure and Heroku to offer Storj integrations with PaaS providers you already use.

Enterprise Ready

We signed our first service agreement with a Fortune 500 company in 2017 and doubled our developer team.

Storj Free and Open Source Software

Free Software

Storj believes in maintaining a free and open source software model. Check out our Github.

Rapidly Growing

We have over 20,000 users and almost 19,000 farmers on the Storj network, with steady growth each month in the last year.


Why use a token?

We recently announced a migration of the Storj token, STORJ (formerly SJCX) to the Ethereum ERC20 standard from the Counterparty protocol on the Bitcoin blockchain. This move helps us reduce transaction fees for the Storj community while also increasing functionality and usability.

There are many benefits to using STORJ:

Granularity

Bitcoin isn’t divisible or flexible enough to support the granularity needed for micropayments.

Stability

A separate token like STORJ provides a layer of protection from the volatility of larger markets.

Scalability

Using STORJ helps us identify and fix problems at scale, paving the way for a larger, more stable network.

Incentivization

We pay for our community's hard work performing tasks like tier-one tech support and development with STORJ.

Micropayments

A network funded hub would allow for quick transactions, as well as keep transaction fees low for the users.

Partnerships

Storj Labs is dedicated to building long-lasting partnerships and supporting the broader [Ethereum] ecosystem.

Ecosystem

Users can earn STORJ for sharing disk space, then use it as renters themselves, creating a positive feedback loop.

Future Growth

We plan to use the token in ways raw Bitcoin or Ether can’t. For example, the Storj-specific signaling described in SIP0002.

Storj is designed to be flexible and modular.
We believe that using a token is the best payment system for the network.

Storj Team

Creating disruptive technology through teamwork and dedication.
Shawn Wilkinson
Shawn Wilkinson

Founder & Chief
Technology Officer

Linkedin
Tome Boshevski
Tome Boshevski

Founder & Chief
Design Officer

Linkedin
James Prestwich
James Prestwich

Founder &
COO & CFO

Linkedin
John Quinn
John Quinn

Founder & Chief
Development Officer

Linkedin
Gordon Hall
Gordon Hall

1337 h4x0r

Github
Alexander Leitner
Alexander Leitner

Developer

Github
Philip Hutchins
Philip Hutchins

Principal DevOps Architect

Github
Jens Heimbürge
Jens Heimbürge

Developer

Github
Bryan White
Bryan White

Developer

Github
Ryan Foran
Ryan Foran

Developer

Github
Dylan Lott
Dylan Lott

Developer

Github
Patrick Gerbes
Patrick Gerbes

Lead Data Scientist

Github
Braydon Fuller
Braydon Fuller

Developer

Github
Barbara Liau
Barbara Liau

Developer

Github
Maximillian von Briesen
Maximillian von Briesen

Developer

Github
Will Blankenship
Will Blankenship

Developer

Github

Storj Community

Awesome leaders of the Storj Community, answering questions and promoting Storj.
Helene Unland
Helene Unland

@heunland

Meije Sibbel
Meije Sibbel

@meije

Aleksey Leonov
Aleksey Leonov

@Alexey

Kevin J Baird
Kevin J Baird

@Knowledge

Pedro Salgado
Pedro Salgado

@steenzout

El Buen Pastor
El Buen Pastor

@el.buen.pastor

Nicola Minichiello
Nicola Minichiello

@nic

Amin Rafiee
Amin Rafiee

@evok3d

William McIlhargey Jr
William McIlhargey Jr

@computeronix

Robin Beckett
Robin Beckett

@robin

Stephen Nutbrown
Stephen Nutbrown

@nutterzuk

Mike Bailey
Mike Bailey

@miskur

Storj Advisors

Anand Babu Periasamy
Anand Babu Periasamy

Minio.io

Warren Weber
Warren Weber

Former Federal Reserve Economist