Decentralized applications are becoming more and more popular. Owing to this very reason, many developers are also utilizing the decentralized applications in order to build a proper solution for businesses. Also, currently CASPER is building a platform which will store data for the decentralized applications. The type of data is not limited. It can be a database or text or even a video. With the help of this storage, the decentralized applications will be able to access the data quite easily.
Moreover, the platform will provide storage solutions for a temporary basis as well as a longer-term basis. The platform will poll in the resources of various vendors in order to provide such storage solutions. This will mean that again the data will be entirely decentralized as well. This will provide the much-needed security to the data which is present on the platform. Also, the data will not be stored in a single data center. The vendors which are providing the storage space can hire the local data centers or they can opt for some other solution as well. The only requirement for providing the storage space is to ensure that the access rate is proper and the response time is on the lower side. This will mean that whenever the consumer is looking to access the data, they will be able to do so quite quickly.
In the future, such a real-time accessing of data will enable proper processing by decentralized applications as well. Artificial intelligence, as well as augmented reality and various other such niche, can use such storage of data in order to ensure that they are able to completely decentralize the data and store them on various different platforms. This will automatically mean that they are able to access the data from anywhere around the world.
CASPER is also developing an API. With the help of this API the files on the platform can be accessed quite easily. This will also ensure that the files on the platform can be accessed at a massive scale as well. When that happens, there will be no problem at all in organizing the data or accessing the data. This is one of the main reasons why this platform holds such promise as well. Moreover, when it comes to the storage capabilities, they are virtually unlimited. The number of vendors who will sign up on the platform will determine the storage capability. Also, these vendors can easily increase the amount of storage which they are providing to the clients as well. This will automatically mean that even with the growth in decentralized applications, the number of storage options which will be available will be plenty.
Also, since the access rate will be monitored on a consistent basis, you can be sure that there will be no drop in the access rate at all. When there is no drop in the access rate at all, you can be sure that it will become easier for you to access the files quite quickly. With the help of peer to peer protocol, the files can be transferred from one destination to another quite easily as well. This further increases the storage capacity of the files. This also means that the storage cost will also come down. With competition among the vendors to provide the storage space, the storage cost will surely come down. Currently, the platform is coming out with an ICO, with the increasing demand of storage facilities; this ICO is expected to give huge returns.
CASPER ICO:
Date of ICO: 30-04-2018 to 30-06-2018
Token acronym: CST
Price of token: 1 CST = US$ 0.16
Platform: Ethereum
Currencies accepted: ETH, BTC
Soft cap: US$ 6.8 million
Hard cap: US$ 32.8 million
With the demand for decentralized storage space increasing day by day, the company is in the right niche at the right time. This is the reason why the platform holds such a lot of potential. Moreover, with the scalability which is provided by the various vendors, it will become easier for the company to get more and more storage space which it can offer to the customers.
Conclusion:
If you’re looking to invest in an ICO which is actually application based on the blockchain technology, this is actually the perfect option for you. With the help of this ICO, it will become easier for you to invest in the technology which will rival the cloud technology. Since the demand for cloud technology is increasing significantly, you can be sure that the demand for this technology will also increase in the future. If you’re willing to wait out a couple of years, it will be a good ICO to invest in. You just need to make sure that the company is able to garner the traction by monitoring the announcements which are made by the company from time to time.
Visit official site: http://www.casperproject.io/
Official link: http://www.casperproject.io/
Link to Whitepaper: http://www.casperproject.io/docs/Casper_whitepaper_eng.pdf
Official Bitcointalk thread: https://bitcointalk.org/index.php?topic=2869690.msg29471516#msg29471516
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=400554
Contact me: [email protected]
