What is Stratos (STOS) | What is Stratos token | What is STOS token
In this article, we’ll discuss information about the Stratos project and STOS token
Stratos is the next generation of decentralized Data Mesh that provides scalable, reliable, self-balanced storage, database, and computation network. Stratos is born for scaling blockchain process capacity while retaining the decentralized benefits of a distributed protocol including trustless, traceability, verifiability, privacy, etc.
Stratos is best positioned to support data storage and adoption for developers and users in this ever-expanding digital economy. Stratos strives to make decentralized data adoption easier for the blockchain industry and Web 3.0.
As the blockchain industry continues to expand in 2021, DeFi and NFT become the fastest growing sector in crypto. However, providing secure data infrastructure across platforms is still a challenge for many developers and users. Stratos is here to change it by providing a decentralized data mesh solution designed to elevate the data infrastructure of the blockchain ecosystem to the next level.
The Data Problem in the Blockchain Industry
At first glance, blockchain looks like the perfect solution to storing data. However, blockchain technology was originally conceived with only one type of data: the records of financial transactions.
Traditional blockchains aren’t really well-suited to store other kinds of data, and especially to interconnect different data types with each other. Because of that, many people don’t consider blockchain is an efficient decentralized database for many complicated use cases.
How to Improve Decentralized Data Infrastructure
A decentralized database solution well-suited to the DeFi age has to address the three main issues troubling the decentralized storage ecosystem:
Simple Data Schema
Blockchain-based decentralized clouds currently existing on the market aren’t suited to support different kinds of data; trying to merge together a large number of data types creates problems. The data structures defined by smart contracts are very limited.
Inefficient Operation
Blockchains invented for recording financial transactions and results, when retrieving data with various conditions becomes extremely difficult. Even using smart contracts to define more flexible data structure, the retrieval is limited once it’s created, there is no possibility to update the schema and scale.
Writing performance is unsatisfactory as well, any data written to the blockchain requires the consensus process which causes second to minute pause.
Expensive Storage
The content in each blockchain node is identical, any data written to the blockchain will be synchronized to thousands of nodes resulting in the costly storage of the blockchain.
Stratos: Data Infrastructure for the Decentralized Age
Stratos is a new type of data infrastructure designed to provide a trustless solution for decentralized storage which allows blockchain developers to get rid of monopolized centralized cloud services. Stratos’s decentralized data mesh enables scalable, reliable, self-balanced next-generation data storage, making retrieving data from the blockchain simple, efficient and flexible regardless of the data size.
Stratos makes decentralized data management easier for everyone. From developers and users of innovative NFT,DeFi,andDApp projects, through communities based on decentralized governance and traditional enterprises requiring CDN services, up to providers of smart home solutions utilizing edge computing — everyone can benefit from an efficient decentralized cloud that doesn’t require massive storage and content acceleration.
The First Decentralized Data Mesh Service
Stratos is designed as a virtual mesh for both structured and unstructured data, which makes it much more flexible and cost-efficient than a typical decentralized database.
As we’re heading to Web 3.0, an open, trustless and permissionless network. Stratos strives to build a fundamental service to support the adoption of blockchain in Web 3.0, which helps create more intelligent, connected, and open websites.
Key Features of Stratos:
● Support data of all types and sizes
● Lightning fast data upload and retrieval
● Scalable, self-adapt database
● Permanent, accelerated, high availability storage
● Close to user
● Community-driven, organic growth
● Support for domain-specific language in both blockchain smart contract and computation
● Fully integrated platform
What Applications Is Stratos Starting With?
NFT Marketplace
Stratos enhances the NFT ecosystem by providing stable, efficient, and private data mesh services for NFT projects. Storing your encrypted art piece on Stratos’ distributed data mesh adds an extra security layer to your NFTs by protecting their metadata. Stratos NFT Marketplace allows for an efficient, trustworthy exchange of data and transfer of digital product ownership, but also allows the owner to keep the ownership and trade the right of use to the customer.
Stratos NFT Marketplace not only allows for an efficient, trustworthy exchange of data and transfer of digital product ownership but also allows the owner to keep the ownership and trade the usage permission to the customer.
Oracle Service Powered by Stratos Network
Stratos’s decentralized data storage and distributed data mesh provide a solid foundation for creating a decentralized oracle service. Stratos guarantees that the source, transfer and storage of data is efficient and secure.
Aggregated API for Blockchain Data
Data stored and processed on the Stratos virtual data mesh can be reliably secured and efficiently retrieved. The Decentralized Data API provides the users with an easy-to-use interface that enables smoothly retrieving data and easily executing predefined data processing tasks through the data API service.
What to Expect Next?
We will publish the Token Economy paper of our Resource Network on how our unique Proof-of-Traffic consensus will drive the growth of Stratos Ecosystem.
The Stratos Value Network Testnet will be released in the middle of June together with the explorer to browse the value network blocks and transactions, followed by the release of wallet on Testnet by end of June. The community can start to become familiar with our API/RPC and transactions together with other ledger-related features.
Followed by our Value network, we will release our Resource Network Testnet in July. We will invite some partners to join the testnet to get the first-hand experience of Stratos Decentralized Storage.
A few demo applications will be released for public trial on the storage infrastructure in Q3 2021. Stratos NFT marketplace will be built on our Value Network Testnet and Resource Network Testnet, it will be the perfect showcase on how the blockchain industry can benefit from Stratos Data Mesh by fully utilizing our value network together with our Resource Network.
_Founder of Stratos Bin Zhu said: “ With my past experience building the entire big data ecosystem serving billions of users at MindGeek, I strongly believe that the scalability and high availability of the system infrastructure fundamentally determine how strong the application system can be and how far it can go. Team Stratos strives to incorporate our strong capabilities and years of experience in top-notch enterprise-level infrastructure design and development into decentralized storage, database and computing services for the blockchain industry. _Stratos aims to provide a solid foundation for the continuous development of the entire blockchain industry.
There is more to come including Stratos Smart Contracts and additional applications to be built on Stratos. Stay tuned!
Stratos STOS Token Metrics
STOS token utilities:
- STOS will be staked/delegated to validators to secure the Blockchain network.
- STOS will be issued as Proof-of-Traffic mining reward.
- STOS will be consumed in the payment of the transaction fee.
- STOS will be prepaid for Stratos Resource Network service traffic fee.
At a Glance
Token Ticker: STOS
Total Supply: 100,000,000
Initial Liquid Tokens: 8,125,000
Initial Market Price: 0.3 USD
Token Allocation by Percent
Our total strategic sale (consisting of 1 seed and 2 private sale rounds) is 20% of all our tokens. The initial sale will be used for our technology development, community building, partnerships, and marketing to build out Stratos Decentralized Data Mesh.
Token Unlock and Vesting Schedule:
Seed: 25% unlocked at TGE. Quarterly vesting over 9 months.
Private Sale 1: 25% unlocked at TGE. Quarterly vesting over 9 months.
Private Sale 2: 30% unlocked at TGE, Quarterly vesting over 9 months.
Public: 100% unlocked at TGE.
Team: 10% unlocked at day 270. Quarterly vesting over 12 months.
Ecosystem Development & Partnerships: 10% unlocked at TGE. Remaining utilized when partnerships are established.
Liquidity Provision Fund: 30% unlocked at TGE. Remaining utilized for new exchange listing relationships.
Foundation Reserve: 10% unlocked at day 360. Remaining quarterly vesting over 12 months.
How and Where to Buy STOS?
STOS has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy STOS token.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since STOS is an altcoin we need to transfer our coins to an exchange that STOS can be traded. Below is a list of exchanges that offers to trade STOS in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase STOS from the exchange: https://www.polkastarter.com
The top exchange for trading in STOS token is currently …
Find more information STOS
☞ Website ☞ Whitepaper ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Message Board 2 ☞ Coinmarketcap
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