[ANN] Storj - Decentralized Storage

[xiahui135]

What is the total token of storj?

[coin@coin]

What is the total token of storj?

500 million total supply. However only a portion will be available during the token sale, about 20-25% or when the 30 million cap is reached.

51 million are in circulation already + for each token sold in the sale one will be burned so total supply should decrease after the sale.

[ifeoluwa]

Guys you need to be part of ZrCoin bounty campaign...it pays well

[urri76]

Token Sale Details
We have three primary objectives for the token sale:
Fund and accelerate ecosystem and protocol development
Migrate our token from the Bitcoin to the Ethereum blockchain
Bring Storj Labs Inc.’s strategic token holdings in line with market expectations
The sale will begin on May 19th, 11:00 AM EDT (3:00 PM UTC) and end on June 19th, 11:00 AM EDT, or when the cap is reached. We have worked to complete a roadmap for the future of Storj and have budgeted the required resources needed to responsibly execute this plan. To fully realize our vision, we have set a target and cap of $30MM for the token sale. The sale price will be fixed at $0.50 per STORJ token, payable in BTC or ETH equivalent. In order to incentivize our supporters to participate in the sale, we will be burning one token from the outstanding reserves for every token sold in the sale.

http://blog.storj.io/post/160448088948/token-migration-plan-pt2

[q327K091]

hi guys, anyone knows if this i still on ? and if there is already website/process in place ? thanks

existing SJCX holders will be allowed to swap their Counterparty-based tokens to Ethereum-based SJCX.

[tempestb]

It is on, it's here...

https://storj.io/tokensale

[tempestb]

existing SJCX holders will be allowed to swap their Counterparty-based tokens to Ethereum-based SJCX. [/b]

This is not the migration.  This is just the coin sale.

[pedrog]

It is on, it's here...

https://storj.io/tokensale

did it already sold $17 million?

[tempestb]

Not including the presale, yes.

[coin@coin]

It is on, it's here...

https://storj.io/tokensale

did it already sold $17 million?

About 21 million right now!

[tomwest]

still nothing clear about transforming existing tokens into new ones. very important not to skip this info when it's available

[mishax1]

still nothing clear about transforming existing tokens into new ones. very important not to skip this info when it's available

They made it this far, setting a dedicated platform to switch existing tokens to eth should not be an issue.

[christie]

still nothing clear about transforming existing tokens into new ones. very important not to skip this info when it's available

They made it this far, setting a dedicated platform to switch existing tokens to eth should not be an issue.

automatic swap on polo?

[lkggsc]

If good and user friendly, UI could push the Storj into space!

[malexone]

Hey guys, there is a Storj coin already? Why is there an ICO again? Will I lose my current Storj or how can I convert them?

The ICO is for unsold tokens from the 1st token sale. However they will be sold as the new ethereum-based token (STORJ).

You will be able to convert your SJCX to STORJ with an easy to use Web App sometime after the sale according to the team.

Okay, thank you. So the switch rate will be 1:1?
Do the coins on Poloniex get converted automatically?

Yes swap will be 1:1 total supply once over will be exactly 500 million as originally however for each coin sold in the sale there will 1 coin burned too so total supply should decrease after the sale.

I heard the team is also talking to exchanges to make the transfer happen on them directly but this may or may not happen (it's more in the hands of exchanges). I suggest following the project for news and updates to keep yourself up to date.

There is something I can't understand with this crowdfunding... As the current price of one SJCX is approx. $0.6 right now, why wouldn't all the SJCX token holders sell their SJCX now and purchase the new STORJ during the current ICO? We would definitely make a free benefit of approx. 20%?

[stefanoste]

I am sorry I didn't read the wallet compatibility matter and rushing to participate the ICO I sent Eth with Jaxx ..damn it... I sent a couple of email to support on website but no reply yet .... I received Payment success confirmation for the full amount I send it  is that ok ??  I am ok of for the ICO??

Please let me know Thx

It is on, it's here...

https://storj.io/tokensale

did it already sold $17 million?

About 21 million right now!

[malexone]

I am sorry I didn't read the wallet compatibility matter and rushing to participate the ICO I sent Eth with Jaxx ..damn it... I sent a couple of email to support on website but no reply yet .... I received Payment success confirmation for the full amount I send it  is that ok ??  I am ok of for the ICO??

Please let me know Thx

It is on, it's here...

https://storj.io/tokensale

did it already sold $17 million?

About 21 million right now!

As long as the token address you entered is a compatible Ethereum wallet (MetaMask, ...) you should be alright!

[stefanoste]

I receive the confirmation email from Storj  with my full deposit amount ,  I should be good   I hope someone from support can confirm it

I am sorry I didn't read the wallet compatibility matter and rushing to participate the ICO I sent Eth with Jaxx ..damn it... I sent a couple of email to support on website but no reply yet .... I received Payment success confirmation for the full amount I send it  is that ok ??  I am ok of for the ICO??

Please let me know Thx

It is on, it's here...

https://storj.io/tokensale

did it already sold $17 million?

About 21 million right now!

As long as the token address you entered is a compatible Ethereum wallet (MetaMask, ...) you should be alright!

[sezyumx]

the best thing about storage . Garnered a very good investment. Good luck.

[xcajun21]

Hey guys, there is a Storj coin already? Why is there an ICO again? Will I lose my current Storj or how can I convert them?

The ICO is for unsold tokens from the 1st token sale. However they will be sold as the new ethereum-based token (STORJ).

You will be able to convert your SJCX to STORJ with an easy to use Web App sometime after the sale according to the team.

Okay, thank you. So the switch rate will be 1:1?
Do the coins on Poloniex get converted automatically?

Yes swap will be 1:1 total supply once over will be exactly 500 million as originally however for each coin sold in the sale there will 1 coin burned too so total supply should decrease after the sale.

I heard the team is also talking to exchanges to make the transfer happen on them directly but this may or may not happen (it's more in the hands of exchanges). I suggest following the project for news and updates to keep yourself up to date.

There is something I can't understand with this crowdfunding... As the current price of one SJCX is approx. $0.6 right now, why wouldn't all the SJCX token holders sell their SJCX now and purchase the new STORJ during the current ICO? We would definitely make a free benefit of approx. 20%?

I think this coin is skewed market scheme. 30M ico (for what? new product?) and converting the old coin which was half the price before the announcement of the new ico. I hope they return the investors "gold" and fail this weird scheme. 30 days to go. Hold on. Those who heard about the new ico knew the price would rise and sat and wait while the price reach new extremes. New ico announcement should have been a secret and keep the price fair,  but hey...