About.Market Space
Market.space is a decentralized platform for secure storage and data transfer. Despite the fact that cloud storage is popular for personal and business use, it has many risks, especially data loss and unauthorized access. Traditional standard storage services typically do not encrypt data, and private decentralized ones are too expensive. Market.space offers unique solutions in this market, combining high-quality encryption, distributed registries, uninterrupted operating guarantees, and acceptable prices. Market.space accumulates the latest technology to protect data, a very reliable executor, as well as an adaptive payment system and complete user anonymity. The absence of intermediaries helps save any party involved in Market.space.
Market.space aims to provide a highly reliable and safe but cost-effective data storage system. Market.space brings together a professional hosting provider in a place where customers can easily contact them and select the contractor with the most appropriate price and rank.
As a host aggregator, Market.space allows professional hosting providers and data centers to lease unused storage capacity.
Our system works like a market, with no plans charged or transaction fees, which means affordable prices.
With Market.space, authentic content can be distributed seamlessly and securely to intermediaries and their costs. This feature is intrinsically embedded in the system architecture, while competitors require centralization or additional applications.
Responsible data storage is performed in accordance with the algorithms defined in Smart Contracts. All participants are treated equally and receive compensation for their commitment to data transfer. Utilizing Distributed Distributed technology, together with the involvement of professional hosting providers, provides a truly safe and reliable service, while exchange-based pricing and offerings are affordable.
Project Overview Market.space is a decentralized independent management system for storing, sending and distributing content directly. It performs some non-standard functions making it stand out from the competition:
1. As a server multiplier, Market.space allows professional service providers and data center storage to grow in unused storage space. Our system acts as a marketplace, with no plans imposed or transaction fees, which means that the price is affordable.
2. With Market.space, authentication content can be distributed continuously and pass the mediator and fill them securely. This function is basically embedded in the system architecture while competitors need it
focus or finish the app.
3. Responsible data storage is carried out in accordance with the algorithms set forth in the Smart Contract. All participants are treated equally and receive prizes for their participation in data transmission. The use of distributed accounting technology along with the participation of professional storage service providers works absolutely safe and secure while demanding and providing a pricing based system. offer exchange
affordability.
How does it work?
The Market Room has raised some issues with the data storage system in use today. For example, centralized storage services such as clouds are vulnerable to hackers and thefts. There is also disagreement in terms of certain service charges.
Meanwhile, decentralized storage systems can help limit security issues, but data is not always easily accessible on demand. Consumer devices are also vulnerable to corruption.
The Space Market believes it has the potential to address this problem by combining Blockchain technology with professional hosting providers. Essentially, Market Space acts as a host aggregator, so only owners and recipients can access files that are safe, affordable, and reliable.
The Space Market website outlines the following 8-step process:
- Contracting parties make a deposit.
- Customers send storage requests with details such as file size and storage duration.
- Some hosts responded by bidding.
- The best deals are made.
- Customers can choose one or more host and pay.
- The host accepts payments and sends the client a URL to upload the file.
- The customer uploaded the encrypted file with the private key and sent it to the server the host selected by the customer.
- Neither the customer or the third party to whom the customer grants access to the file can download the file with the key.
Benefits of market space & side effects
The Market Space seems to have developed a system that benefits everyone involved. Customers can store and transfer data in a safe and cost-effective manner. The hosting provider, on the other hand, can use Open Space when filling in a fair rate.
The people behind the Space Market also seem to have the experience and expertise to make their vision a reality. Against this background, investment is still pending, but the expected start date is still half a year in sight. It leaves plenty of time for something wrong.
LAUNCHING
The Market.space platform concept was completed in the third quarter of 2017.
The group has been actively involved in the development and support of data archiving and international project transmission for over 5 years. So the system idea
which allows reliable data storage at an affordable price has been taken care of for a long time. Now the market is in desperate need of such a system, we have begun the development of internal architecture.
Data Storage Market
Key metrics and expectations
Currently, the number of Internet users reaches 3.8 billion people, 50% of the world's population. Developing countries are responsible for most users (about 2.5B). The number of users in developed countries is about 1B.
By 2016, the volume of the public cloud storage market (PCS) will be $ 26.4 billion and is expected to reach $ 99 billion by 2022 (Figure 1). On average, the market is up 24.8% [1] per year
Main cast
The list of the largest PCS players currently includes OneDrive (Microsoft), Google, Dropbox, and Apple with over 900 million subscribers. Apple is not reflected in most reports because storage services are embedded in the ecosystem. Amazon and Dropbox are now leading the way in B2B.
The smaller players that operate in the market include pCloud, BlackBlaze, FlipDrive, JustCloud, and more.
There are also new people - storage service providers working in shared cloud storage services
- The same thing with software companies like Microsoft as well as companies that depart decentralized warehouses based on blockchain. This new market segment is now called a cooperative
cloud-based.
For further analysis, it should be noted that depending on the type of repository users can target SMEs or large corporations. They are also classified as public, private or hybrid [3] according to the implementation regime (Figure 3). In the case of a hybrid repository, part of the hosting data in the server is a public cloud hosting provider and the other part - at
the company's own server is leased for a while.
Repositories combine public and private archive options so customers can choose the privacy they need.
Material of market space
The sale of the Space Market Token begins on March 26 and lasts until May 6th. MASP tokens are rewarded with a minimum contribution of $ 35 to $ 0.35. There is no limit to how many people can invest during ICO. The Market Room has set a soft limit of $ 15 million in token sales and a fixed cap of $ 50 million. Token will be commissioned about two weeks after the end of ICO on May 6th.
Character MASP
Price 1 MASP = 0.35 USD
Bonus Available
Bounty Available
Platform ether
Accept ETH, ETZ, BTC, BCH, LTC, DASH, Fiat
Minimum investment 35 USD
Soft cap 15,000,000 USD
Hard cap 50,000,000 USD
Country Estonia
White List / KYC KYC
Restricted areas USA
Market Token owned by the company itself. MASP and operates on the ERC20 standard - the problem is governed by smart contracts. It's a MASP that lets you pay a security deposit when you enter Market.space. The cost of one token is $ 0.34. At purchase it is possible to use the international Visa and MasterCard payment cards, etc. ETH, BTC and other popular currencies. You must purchase at least $ 35, and the top bar is not shown by the manufacturer. The sale runs from April 16 to May 27, 2018. Because MASP is a functional token, the demand for it will grow, and this will affect its value in the future.
Token will be distributed according to the following scheme:
60% will go to ICO;
20% will be deposited in a reserve fund;
15% will go to the project team;
5% will be assigned to consultants, as well as for Bounty campaigns.
If you have questions about Market.space, you can visit some of the official links below:
Website | Whitepaper | ANN Thread | Telegram | Twitter | Facebook | Medium | YouTube | LinkedIn
THANK YOU HAVE READ MY ARTICLES, THIS MADE CAN HELP YOU TO JOIN A PROJECT THAT WILL DELIVER MANY MORE INFORMATION FOR EVERYBODY WHO ARE PARTICIPATING IN IT.
By Audrey
Profile Bitcointalk:https://bitcointalk.org/index.php?action=profile;u=913491
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