StorX Network (SRX)

80% of my portfolio is SRX, so I would be happy if SRX reaches ¥15 by March next year. The team said they aim to be within the top 200 on CMC by 2026, so it won’t happen unless the market cap reaches about ¥15.
Also, PLI. Seriously, enough already w
Come back quickly. Around ¥10 would be desirable.

Huh? Microsoft365 has been added to StorX. When did that happen… I think it was mentioned in a podcast, but was there an official announcement?
Anyway, I think it's good fundamentals 👍

OGAudit Web3 Research: @StorXNetwork $SRX - A $200B Cloud Storage Ambition, Built Entirely on Someone Else’s Chain

StorX proposes replacing centralized cloud storage, the kind offered by Dropbox, Google and Apple with a network of independent node operators renting out spare disk space, splitting and encrypting files before distribution:

- Files are broken into fragments using Reed-Solomon erasure coding (a 10 of 30 setup in the original design), meaning a user’s data stays fully recoverable even if 20 of the 30 storage nodes holding pieces of it go offline, the same underlying redundancy math used by several competing decentralized storage projects not something unique to StorX specifically.
- Renters and hosts interact through smart file contracts onchain with renters prepaying SRX into a contract as usage credit and hosts staking SRX as collateral to disincentivize going offline, contracts typically run 90 days and auto renew, refunding unused tokens if not extended and all enforced without a centralized intermediary.
- The original 2020 tokenomics described SRX as having no supply cap at all, relying on a Proof of Burn mechanic to offset continuous inflation but current market trackers consistently report a 1.5 billion token maximum supply with roughly 600-834 million already circulating, suggesting the uncapped model was revised at some point without a newer whitepaper reflecting the change.

Is a functioning decentralized storage marketplace with real erasure coded redundancy, smart contract enforced SLAs and a working staking system a credible long term alternative to centralized cloud providers or does building entirely on top of another chain’s infrastructure, combined with tokenomics documentation that hasn’t kept pace with what’s actually being reported by exchanges suggest the project still has housekeeping to do before it’s fully investment ready?

Category: Storage / DePIN
Coin Name: $SRX
Circulating Supply: 834M
Market Cap: $42.64M
Market Cap Rank: #431
OG (Trust) Score: 31.49
OG Score Rank: #368/954
Reviewed by 6 OG Auditors.

See the Social Audit with Reviews by crypto OG’s and more on the $SRX Coin page: ogaudit(.)com/crypto/storx-srx
https://t.co/qEGPqFRWSk