ColdStack, a decentralized cloud aggregator, announced that it has received a strategic investment from the DFG – Digital Finance Group.
“We are very happy about the partnership with the DFG. They are one of the most reputable and successful investment firms in the blockchain ecosystem and have an excellent track record of finding the latest projects in the industry. There is no doubt that the participation of the DFG will help our system to develop to its full potential. Said Alexander Shishow, CEO and Founder of ColdStack.
The ColdStack platform aggregates decentralized data storage networks such as Filecoin. By optimizing storage solutions with its AI-based pipeline, ColdStack offers users the most affordable and secure way to store their files.
With a unified Amazon S3-compatible API, ColdStack enables users to easily access decentralized storage solutions. ColdStack focuses on providing mass storage for data that is not regularly accessed but that needs to be stored permanently. The tokenization system also allows users to easily create their own NFTs, store them and use these assets on any NFT marketplace.
“At the DFG, we believe in supporting products that solve important problems in the blockchain, such as distributed data storage,” said James Wo, founder of the DFG. “Coldstack, the first market aggregator for decentralized data storage, is a clear example of a much-needed upgrade to a growing and promising sector of the industry. It enables users to directly connect data storage nodes without fixed settings. In addition, it can be linked to all distributed storage nodes through the cold stack network, and users can aggregate it directly in the cold stack application. We believe that the reliability and security of Coldstack’s distributed storage will produce excellent results in the future. “
