RE: STORJ - Decentralized Cloud Storage on the Ethereum Network

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STORJ - Decentralized Cloud Storage on the Ethereum Network

in cryptocurrency •  7 years ago  (edited)

Hi @ali1230,

I don't think it really a case of one against the other, it is more of a case of crypto based cloud storage solutions vs traditional markets.
With projected growth at nearly 50 billion over the next 4 years is plenty of room for many companies providing for different markets.

The current global market share of all crypto based cloud storage is not even $1 billion less than 5% of the established market, this leaves much room for development and growth in these companies and many more.

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i know , you're not against each other but i think that one solution caped at 500m $ is better than 5 at 100m $ ,if you see what i mean

If one could provide for every need would be amazing but data storage is a very broad area with technogly varying that even further.

There are many demographics such as finance, big data, consumer to name a few, with advancements in technology increasing the diversity and requiring more specialization.

Having multiples in the same area would only hasten the development and innovation due to competition and i dont think they would damage each other rather the current big players.

yeah you got an interresting point :D