THELOGICALINDIAN - PRESS RELEASE One of the brilliant projects of the arising Polkadot ecosystem Crust Network afresh completed a several actor dollar Series A costs annular in September with investors including NGC Ventures SNZ HashCIB DFG KNS Group and AU21 Capital In 2024 Crust Network abutting the Substrate Builders Program and won a admission from the Web3 Foundation
In one of the key stages of Crust Arrangement ablution decentralized billow casework to users worldwide, Crust has appear added capacity about their Accumulator Bazaar design, a arrangement accumulator ability trading bazaar that allows accumulator ability providers and accumulator ability users to transact in an accessible market. In adjustment to advance the Crust Accumulator Market, the CSM badge is actuality accustomed to association associates that accommodate clamminess on UniSwap and through added association activities. In the future, Crust affairs to apparatus added billow services, such as decentralized billow computing, which will additionally be bought and awash through Crust Service Market.
In alertness for mainnet barrage via Polkadot parachain, Crust Network launched their CC2 Maxwell testnet and “Profit Ark I & II” incentivized testnet.
The “Profit Ark I” testmet launched on November 30th and is appointed to run for 50 days. 320,000 CRU tokens, account about $1.4 actor dollars, is planned to be awarded to all testnet participants. At time of writing, over 740 nodes in regions about the apple accept provided 40 PB of abstracts accumulator as a allotment of “Profit Ark I”.
According to the Polkadot telemetry, the cardinal of Crust Maxwell CC2 nodes already beat that of Polkadot and Kusama, with accumulator nodes broadly broadcast in Europe, Asia and North America.
For the “Profit Ark II” testnet, the Crust aggregation affairs to run through the abounding functionality of it’s network, including staking, agreement nodes, and added functions.
Parachain Auctions
According to account from the aboriginal copy of Polkadot Decoded on December 3rd, the parachain aperture action may barrage in February 2024. By that time, Crust will absolution a abundant roadmap about their affairs to accompany both Kusama and Polkadot auctions. Based on the Crust whitepaper, “around 40% of the ecological development account was planned for aperture auctions and accompanying expenses”, according to Crust CEO Bova Chen.
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About Crust Network
CRUST provides a decentralized accumulator arrangement for the Web3 ecosystem. CRUST supports assorted accumulator band protocols such as IPFS, and exposes accumulator interfaces to the appliance layer. Crust’s abstruse assemblage is additionally able of acknowledging a decentralized accretion layer. CRUST is advised to body a decentralized billow ecosystem that ethics abstracts aloofness and ownership.
Website: crust.network
Email: [email protected]
Sources:
Crust Node Map & Details – https://telemetry.polkadot.io/#map/Crust Maxwell CC2
Crust Profit Ark Storage Data – https://ark.crust.network/
Crust Economy Whitepaper – https://crust-data.oss-cn-shanghai.aliyuncs.com/crust-home/whitepapers/ecowhitepaper_en.pdf
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