If DEPIN is one of the tracks that you must invest heavily in. If you feel that the increase of $AR $MOBILE is limited, then there is a star project CESS that is about to be launched. Is it worth paying attention to?

Next, I will take you to take a closer look at this project where the hackathon champion + DWF Labs and others invested $8 million + the incentive test network has 7,100 active nodes.

In a nutshell, CESS is the first blockchain network to support large-scale commercial storage. It has many application scenarios, including:
-Distributed cloud storage
-Decentralized data market
-The creators of the UGC platform (self-media) have the ownership of the data
-As an L1 public chain, it supports the development of DApps
-Decentralized streaming

CESS is based on web3, but it goes beyond web3. Under its vision, more and more web2 institutions will join its ecosystem!

Its system architecture is generally divided into four layers, of which the distributed storage resource layer and the distributed content distribution layer are the core. Storage miners are responsible for data storage, and consensus miners play the role of "supervisors", responsible for regularly checking whether the stored files are intact. And storage miners must prove to the "supervisors" that the data they store has not been tampered with and the stability of the system. The content distribution layer improves the efficiency of content retrieval and distribution, and provides a foundation for large-scale commercial storage.

Next, let's talk about the decentralized storage track. According to the data, the global storage market size in 2024 will be more than 126 billion US dollars, while decentralized storage only accounts for about 1%, which is completely different. The reasons include the following:
-Data security vulnerabilities: miners running away, node failure, hacker attacks, etc.
- Storage space waste: files can only be stored in a single node
-Slow data retrieval: not suitable for commercial scenarios
- Limited compatibility: not multi-chain compatible

This is why most similar projects have grand narratives but average implementation results. As one of the action-oriented projects, CESS solves these pain points:
-Data security: PoDR² and PoD²S technologies are used, including three free backups of files, and distributed, encrypted storage, so you can use it with confidence!
- Intelligent space management system: supports file sharding and storage in multiple nodes, similar to cutting food into slices and packaging, so that more space can be placed in the refrigerator

- Fast indexing: With millisecond-level indexing speed, it provides a foundation for breaking into web2 and achieving commercialization
- Compatibility: fully compatible with EVM API, supports the deployment of WASM smart contracts
- Protection of data ownership: opens the door to subsequent UGC applications
- Fair incentive mechanism: Adopting the R²S consensus mechanism, through random and rotation methods, all participants can compete fairly for consensus nodes, which is in line with the concept of decentralization

Let's talk about CESS's recent developments:

On March 5 this year, it co-organized an offline event with Solana to discuss how to empower depin's innovation! IEEE has also recently included CESS's technology. Its "Blockchain-based Decentralized Storage Protocol Specification" is the first recognized standard in the same track! It represents CESS's breakthrough to web2 and has sounded the clarion call!

Recently, CESS also co-organized Duke University's Web3 hackathon to further expand the ecosystem. The number of active miners and nodes in the recently launched incentive test network has reached 7,100, while Filscan data shows that the number of active nodes of the track leader Fil is only 2,844, and it has been declining in the past year!

Let's talk about the team:

The core team is mainly based in the UK and the US, with a strong lineup! Founder Nicholas Zaldastani is a graduate of Harvard Business School and a regular author of Forbes, and has worked for multiple listed companies and venture capital institutions in North America. Co-founder Joseph is an expert in the field of cloud distribution. Before joining CESS, he worked as the chief network engineer at TekSynap, a well-known American network security company!

About background:

In the latest round of US$8 million, CESS received support from DWFLabs, @Web3foundation, and @Ventures_HTX, among which the Web3 Foundation provided it with three rounds of assistance.

Market value analysis:

In the past month, the price of coins in the depin track projects has generally risen, among which $AIOZ, $AR, and $THETA have performed particularly well. It is estimated that the future market value of CESS will be conservatively between 500 million and 1 billion. Considering that DWF is responsible for the main data maintenance + the investors will not unlock the coins in the next two years after listing, the increase in the first two years may be further expanded. After all, there are fewer circulating stocks in the early stage.

CESS is about to be airdropped. There are currently several ways to participate:

1. For ETH holders:
You can directly participate in the cloud mining plan. Participants can share 10% of the mining rewards of CESS network storage computing power within one year after TGE. The minimum participation threshold is 0.05E, which is suitable for users with small capital.

2. For miners:
CESS, like other depin projects, can deploy its own hardware equipment to participate in the project's storage or consensus mining. The relevant hardware requirements have been officially announced in the technical documents, and rewards are announced regularly.

3. For the community:

You can apply to become a CESS Global Ambassador, who are divided into community group, technical group and content group according to different skills and responsibilities.

Summary: CESS is a star project that combines depin and decentralized storage and has not yet been launched. It is a rare opportunity!

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