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Swarm Foundation
Decentralised storage and communications system
- 21-100 employees
- Cryptocurrency
- Data storage
- Web 3.0
- Neuchâtel, NE
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Company mission
To support and contribute to the creation of a technology whose code will be open to all and will allow the storage and exchange of computer data in a decentralised manner.
Our take
While blockchain technology has allowed the decentralisation of currency, the finance system, art markets, scientific research and many other areas of the economy, it has yet to reach storage systems. Most storage is either on private hard drives or in the hands of large cloud hosting providers. Swarm seeks to change this, by providing a Web3 storage capability which works with the blockchain.
Node operators with at least 20GB of hard drive space can make their unused storage available to the Swarm network. Data is split across the network and retrieved instantly as needed. While this sounds similar to old-style peer-to-peer file sharing, it has advantages in privacy and data ownership as these are backed by the blockchain ledger, and in that developers and operators are rewarded by Swarm's BZZ cryptocurrency token in proportion to their involvement.
Following a capital raise through a private token sale, the company released its mainnet and is worked towards the release of its Web3PC - decentralised personal "world computer". The company increased uptake of its network of storage nodes by offering incentives to storage operators and more recently the platform released Swarm 2.0; peer-to-peer storage provision, resilient to attacks and decentralised pricing. Optimising market conditions for efficient storage provision. The Swarm economy looks to only continue on it's upward trajectory with it's successful developments.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- An open, flat and transparent work environment
- 100% remote friendly
- Flexible working hours
- We care about our swarm: Incentives through BZZ, our token
Leadership
Viktor Tron
(Team Lead)Also President of the Swarm Association and Co-founder of JAAK and Datafund. Was previous Code Artist for Etherium DEV.