Website : https://www.gasfiles.com/
Cloud storage service platforms are extremely necessary and useful , but none of them are perfect. A recent survey reported that users of the top cloud storage services are most concerned about capacity, security and missing files. The Cloud service provider (CSP) should ensure integrity, availability, privacy and confidentiality at all stages of the storage process, but it is clear that most services lack an important feature or two.
The solution
GASFILES is a cloud storage project that uses blockchain technology. They have created a revolutionary breakthrough, where previously no cloud storage media coyld tap into. They do not just limit themselves to the quantity/ size of the storage, but pay more attention to privacy and security aspects as well.
Their portal is designed in such a way that it provides complete confidentiality of data as well as reduces the overhead cost, as they eliminate the use of intermediaries.
How it works
They have designed a very basic and simple user interface and sign up process. There is a two-factor authorization post which gives them access to the blockchain which is completely private. The user can upload multiple files but instead of the files getting uploaded on the portal, which is the usual protocol, here they get converted into lines of code and that data is safely stored on the Blockchain.
Website : https://www.gasfiles.com/
The unloading and downloading of flies is very simple. If the user wishes to share the data, they can give access to the desired individuals. This is made possible through the highly secure network that blockchain technology comes along with. They basically encrypt files, split them into shards and store them securely on the private Ethereum Blockchain that has all the features of the public Blockchain.
Token sale
The token is denoted by the symbol GAS and has an exchange rate of 1 GAS = 0.0008 ETH = $0.68 USD . The sale will commence on Feb 9, 2018, and will end on March 9, 2018, or when the hard cap of 10000 ETH is reached. The Soft Cap id fixed at 1,000 ETH and the Hard cap at 10,000 ETH.
Depending on the purchase size, bonuses will be provided. There will be no bonus for the final week
The bonus structure is as below:
• 30% Bonus for the first 24 hours
• 20% Bonus for the first week
• 10% Bonus until March 02
Website : https://www.gasfiles.com/
The allocation of funds include 60% to Public Sale and 14% of the funds will go towards Team Pool. The rest of the funds will be allocated to Bounty, Advisors and reserved for future.
70% of the project funds will be used for the development purpose. The rest for expansion,general admin and physical expansion.The team of the GasFiles projects is very experience and passionate and consists of experts in the field of Marketing and communications
Conclusion
File Storage has become one of the most profitable and fast paced industries in the world today. However, with such potential for business, comes a number of limitations such as expense, transparency and trustworthiness. There are also various security concerns. But Gas Files, with the help of blockchain technology has managed to create a breakthrough to surpass through all the limitations to create a fantastic platform. They have managed to resolve the issues that exist with the file storage industry to share it to the entire world. The project ensures success to both its investors and customers. Come join the journey and be the part of the revolution.
For more details visit:
Website : https://www.gasfiles.com/
Whitepaper : https://www.gasfiles.com/wp.pdf
Published By: karanj
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1030341