The platform has over 117,000 users and more than 4,000 node operators. Its eco-friendly infrastructure ensures a sustainable DePIN network. Users can create free accounts, while node operators earn rewards in $SRX tokens.

Key Highlights:

• Cost Efficiency: Storage is 50–60% cheaper than traditional cloud providers.

• Blockchain: Built on the energy-efficient XDC Network.

• Token: Operates with $SRX, the ecosystem’s native utility token.

Team – Founders

StorX Network was founded by Handy Barot, an experienced entrepreneur in blockchain economics and token architecture. Barot leads the core team managing the XDC Network integration.

The team includes experts like Murphy John (Ecosystem Development & Growth Manager), who has explained StorX’s technical infrastructure, especially encryption and data fragmentation, in podcasts.

The team comprises Web3 developers, data security specialists, and engineers focused on DePIN innovations. StorX maintains transparent communication with its community through Discord AMA sessions and Q&A events.

Investors & Partnerships

StorX Network raised early-stage funding through ICOs and private placements. While individual investor names are not publicly disclosed, the project receives strategic support from the XDC Network Foundation.

Key partnerships include:

• XDC Network: Infrastructure provider with energy-efficient blockchain technology.

• Acronis: Enterprise backup and disaster recovery integration.

• MCP Community: AI-based storage automation solutions.

• XDSeaNFT: NFT storage solutions using StorX infrastructure.

The project is listed on Bitrue, MEXC, and Biconomy, ensuring liquidity and market access. StorX also participates in global events like CloudFest, WebX Asia, and TOKEN2049.

Project Concept

StorX addresses high costs, data breaches, and censorship issues in centralized cloud storage. The platform uses an Uber-like marketplace model: users rent storage space, while individuals or businesses offer their unused storage as nodes.

This “storage mining” model rewards node operators with $SRX tokens. The core vision is user-owned data: files are encrypted, fragmented, and stored across multiple nodes, providing 99.99% uptime and ransomware resistance.

How the Platform Works

StorX stores data securely and transparently across a distributed network:

1. Upload & Encryption: Files are encrypted with AES-256 and split using erasure coding.

2. Distribution: Fragments are sent to independent nodes worldwide.

3. Storage & Access: Node operators earn $SRX for hosting storage.

4. Security: Data is redundant; if one node fails, others compensate.

5. Payments: Users pay for storage with $SRX tokens.

As of 2025, the platform supports mobile apps and AI automation features.

Governance

StorX uses a staking-based governance model:

• Node operators must stake a minimum amount of $SRX to participate.

• Voting power is proportional to staked $SRX relative to the network’s total staked tokens.

• Operators are incentivized to maintain network security and reliability.

Full DAO governance is planned in future roadmap phases, with community input complementing team-led decisions.

Roadmap (2023–2025)

• Foundation registration, testnet & mainnet launch

• Exchange listings & liquidity increase

• Mobile app and B2B integrations

• Community growth & security updates

• AI integration & DePIN-focused events in 2025

$SRX Token Utility

$SRX is an XRC-20 utility token on the XDC Network:

• Storage Payments: Premium account plans.

• Node Rewards: Earned based on storage contribution.

• Governance: Voting rights in DAO decisions.

• Bounties: Ecosystem contribution incentives.

• Liquidity: Exchange trading and integration payments.

Token Information

• Price (Nov 11, 2025): $0.0802 USD

• Market Cap: $58.18 million USD

• Circulating Supply: 725.44M SRX

• Total Supply: 800M SRX

• Max Supply: 1.5B SRX

• Exchanges: Bitrue, MEXC, Biconomy, Crypto.com

$SRX uses a high-efficiency token standard on the XDC Network.

Token Distribution

• Private Placement: 7% (investor funding)

• Seed Round: 10% (early investors)

• Community Placement: 23% (community sales)

• Core Team: 17.5% (vesting)

• Technology Ops: 2.5% (technical development)

• Data Farming Rewards: 12.3% (node rewards)

• Ecosystem Adoption Rewards: 12.7% (bounty & integrations)

• Contingency: 10% (reserve)

• Partnership, Market Making & Listing: 5%

Ecosystem

The StorX ecosystem includes:

• Users: 117,000+ active storage users.

• Node Operators: 4,000+ independent storage providers.

• Developers: Innovative solutions via APIs and hackathons.

• Enterprise Integrations: Acronis, MCP, XDSeaNFT.

StorX drives DePIN adoption, AI integration, and sustainable decentralized storage.

Features

• AES-256 encryption and data fragmentation

• Up to 50% cost savings vs. traditional cloud

• S3-compatible APIs for easy integration

• High scalability with 99.99% uptime

• User-controlled data privacy

• DAO governance and token incentive model

• Eco-friendly, energy-efficient infrastructure

Official Links

• Website
• Twitter
• Telegram
• Discord

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is StorX Network (SRX)? appeared first on Coin Engineer.

Project Concept

Destra Network aims to provide genuinely decentralized infrastructure for dApps and protocols that are currently dependent on centralized Web2 infrastructures (servers, DNS).

It offers a service suite including decentralized web hosting, storage, and AI computing. A key feature is its shift from traditional location-based addressing to content-based addressing, redefining data storage and access. The platform emphasizes privacy-focused, uninterrupted digital experiences.

Team Information

Domenic Carosa – Experienced entrepreneur in tech and finance, shaping Destra Network’s vision.
Anna Carosa – Expert in strategic planning and operations, ensuring seamless project execution.

How the Platform Works (Technology & Features)

Destra Network relies on advanced technologies and proprietary solutions for decentralization, security, and efficiency. Its core components:

• Destra Decentralized Cloud: IPFS-based storage, object storage nodes, perpetual storage options; content-hash based access independent of location.

• GPU Network: Users contribute GPU power for rewards; consumers rent GPU power using $DSYNC. Managed by Proof-of-Sync.

• ENS Gateway & Decentralized DNS: Human-readable names with ENS and Destra DNS, accessible via traditional browsers.

• Destra Zone (Hardware): Portable device enabling users to run their own DNS, providing local privacy and network protection.

• AI Platform & One-Click Deployment: Model training, LLM deployment, model marketplace, AI subnets for enterprise solutions.

Offered Services

• Decentralized Web Hosting

• Decentralized Domain Names

• Decentralized Object Storage

• Decentralized NFT Storage

• Destra AI / LLM Training Platform

• Destra Rendering Network (Low-cost visual processing for designers & video editors)

Investors and Partners

Destra Network strengthens Web3 integration via partnerships in infrastructure, security, and storage:

• Ankr: Decentralized infrastructure

• Arbitrum: Layer 2 integration

• Filecoin & Lighthouse: Decentralized storage

• Hacken & Assure DeFi: Security and auditing

Governance

• Token Holder Influence: $DSYNC holders vote on protocol upgrades, resource allocation, and economic policies.

• Community Management: Ensures the network evolves with user needs.

• Transparent Distribution: Rewards distributed fairly via smart contracts based on actual contributions.

Roadmap Highlights

Q1 2024: $DSYNC token launch, decentralized web hosting, domain/DNS gateway introduction, NFT storage.
Q2 2024: AI/LLM platform launch, decentralized GPU network deployment, unified dashboard, L2 blockchain Dubai testnet.
Q3 2024: One-click AI deployment, AI console, Destra Rendering Network launch.
Q4 2024: Destra Matrix CLI, AI subnets for enterprise, Destra Zone hardware launch, AI Mainnet launch.

Q1 2025: Expansion of Destra GPU Network, additional perpetual storage nodes, AI model marketplace upgrade.
Q2 2025: Launch of enterprise AI subnets, cross-chain integrations, enhanced decentralized DNS features.
Q3 2025: One-click AI deployment improvements, Destra Rendering Network scaling, new developer tools.
Q4 2025: Mainnet AI upgrades, global partnerships, mobile-friendly Destra Zone devices rollout.

DSYNC Token Information

• Ticker: DSYNC

• Circulating Supply: 974.94M DSYNC

• Total Supply: 999.87M DSYNC

• Max Supply: 1B DSYNC

• Exchanges: KuCoin, MEXC Global, XT.COM, Gate.io, BingX, LBank, Bilaxy, Uniswap V2/V3

Token Uses: Transactions, service payments, domain purchases, governance voting, staking.

Economic Incentives:

• Contribution rewards in ETH for GPU, storage, and Proof-of-Sync participation.

• Dynamic pricing adjusts service costs and rewards based on supply, demand, and network conditions.

Provides customizable L3 blockchain subnets with AI support for corporate clients.

FAQ / Common Questions

1. What is DSYNC, and how does it contribute to decentralization?
DSYNC is the native token of Destra Network, enabling payments, governance, and rewarding user contributions.

2. How can I access websites hosted on Destra Network?
Through Destra DNS Gateway or ENS integration, accessible via Web3 browsers and traditional browsers.

3. How does Destra’s Decentralized DNS enhance privacy?
By distributing domain resolution, it reduces reliance on centralized points and protects against censorship and data breaches.

Official Links

• Website
• Twitter
• Telegram

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Destra Network (DSYNC) Overview appeared first on Coin Engineer.