S

Storj

STORJ

Decentralized, encrypted S3-compatible cloud storage

Performances

RD Popularity Index

185.13% (24h)
0100200300400500
Project Rank: 11622/15413

RD Growth Index

2170.50% (24h)
0400800120016002000
Project Rank: 2491/15413
Comparison:
1h24h7d30d60d90d
0.78%2.26%6.36%1.35%32.86%13.42%

Comparison

Fundraising

DDHVCQQualcomm VenturesGGoogle VenturesDDecentral Park Capital
CCockroach Labs
IInveniam Capital Partners
IIonic Security
PPindrop Security

Tokenomics

Token Distribution

Founders & Project
85.59%
Investors
14.41%

Top Holders

AddressTokenQuantityPercentageValue
0x76ec...fbd3STORJ113,178,750.5926.63%$3.4M
0xc80a...2416STORJ45,912,806.4110.8%$1.38M
0x91d4...debeSTORJ23,574,935.795.55%$709.87K

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1STORJ/USD$0.117$10,468$22,686$24,5460.76%
2STORJ/KRW$0.118$1,153$3,876$6,5900.20%
3STORJ/USD$0.1175$8,499$9,062$5,3730.17%
4STORJ/EUR$0.1133$0$0$5910.02%
5STORJ/USD$0.1141$0$0$2840.01%
6STORJ/BTC$0.1234$0$0$00.00%

Follow Updates

Follow Lists

People

About Storj

Storj is an open-source, decentralized cloud storage platform that provides S3-compatible object storage. Its core business is to allow users to store data across a global network of independent nodes rather than in centralized data centers. The platform splits files into encrypted pieces and distributes them across many nodes, using erasure coding to ensure data can be reconstructed even if some nodes fail.

Its main competitive narrative is combining security and performance. Unlike traditional cloud providers, Storj encrypts data client-side and spreads it geographically, which reduces the risk of single-point failures and unauthorized access. It also claims faster retrieval times for hot data compared to some decentralized alternatives, making it suitable for media streaming or application data.

The market pain point Storj addresses is the high cost and lock-in of centralized cloud storage, as well as the vulnerability of having data in one location. By using idle storage capacity from individual operators, it aims to lower costs and increase resilience.

In the past six months (February to August 2026), Storj has focused on improving its core storage service and expanding its ecosystem integrations. The project has continued to develop its documentation and developer tools, emphasizing ease of use for existing S3 users. However, Storj has also faced challenges during this period. In July 2026, its parent company filed for Chapter 11 bankruptcy protection due to historical debts from previous acquisitions, not from its current storage operations. The company stated that its network would continue to operate normally during the restructuring, and it planned to divest non-core assets to refocus on decentralized storage. This event has created some uncertainty for node operators and enterprise customers, though the core storage service remained functional.

Updated: Aug 29, 2026

Storj was founded in 2014 by Shawn Wilkinson and John Quinn, with its whitepaper proposing a peer-to-peer encrypted cloud storage platform. In 2019, the V3 network (now Storj DCS) launched under CEO Ben Golub. In July 2025, Storj acquired GPU computing provider Valdi, becoming a full-stack DePIN platform offering both storage and compute. That same month, it introduced a buyback and staking program, using 5% of monthly revenue to repurchase STORJ from the open market. In October 2025, Inveniam Capital Partners acquired Storj, integrating its infrastructure into an AI-driven data platform for private markets. In December 2025, Storj launched a production cloud product for media and entertainment, targeting Hollywood post-production. In Q1 2026, Storj acquired cunoFS from PetaGene for high-performance distributed file mounting. On July 26, 2026, Storj Labs filed for Chapter 11 bankruptcy protection in the U.S., citing legacy debt, with plans to allow STORJ token holders to participate in the reorganized company's equity. The company will divest non-core assets (Valdi, cunoFS) to focus on distributed storage. The token fell ~98% from its all-time high, and the future hinges on court approval of the token-to-equity plan.

Updated: Sep 12, 2026

Negative: On July 26, 2026, Storj Labs filed for Chapter 11 bankruptcy restructuring in court, raising concerns about its ability to continue as a going concern, and the STORJ token price fell about 20% in a single day. Meanwhile, July node operator payments were put on hold pending court approval, further undermining node operators' confidence.

Positive: During the restructuring, the company proposed allowing token holders to participate in the equity of the restructured company, and the community also initiated a community buyout proposal funded by tokens, which, if successful, would strengthen community ownership. However, these are still proposals requiring court approval and carry uncertainty.

Updated: Sep 13, 2026

Storj is a decentralized cloud storage platform. Its core leadership team includes:

Colby Winegar (CEO): Former McKinsey consultant and HBS graduate. Previously founded CrowdStorage, which was acquired by Storj. Led the company through its acquisition by Inveniam in 2025, doubling gross margins and cutting operating costs by 30%.

Dorrie Chung (CFO): Financial oversight and strategy.

John Gleeson (COO): Joined in 2017, previously served as VP Operations and Customer Success Director, overseeing global operations, partnerships, and customer success.

Jacob Willoughby (CTO): Previously CTO at CrowdStorage, now leads Storj's technical architecture and engineering.

Trisha Winter (CMO): 20 years in B2B tech marketing, specializing in content strategy, product marketing, and demand generation.

Katherine Johnson (Executive Chair): Provides strategic governance and board leadership.

Updated: Aug 29, 2026