Open Grant Proposal: Filestar Storage ( Data Trading Platform)
Closed this issue · 0 comments
Open Grant Proposal: Filestar Storage ( Data Trading Platform)
Project Name:
Filestar Storage
Proposal Category:`
Developer and data tooling / Storage
Individual or Entity Name:
Entity
Proposer:
filestarstorage
Project Repo(s)
https://github.com/filestarstorage?tab=repositories
Do you agree to open source all work you do on behalf of this RFP under the MIT/Apache-2 dual-license?: Please respond with "Yes"
Project Summary
FileStar Storage is a decentralized data trading platform that collaborates with traditional Chamber of Commerce organizations to offer data storage services to institutions and individuals. By combining smart contracts with a decentralized Chamber of Commerce system and the DC model, FileStar creates a platform for real paid storage on the Filecoin network, maximizing benefits for both storage demanders and storage providers.
Impact
Increasing Real Storage Demand
The initial design of the Filecoin network was to provide decentralized storage services, but a large portion of storage demand hasn't yet translated into real paid storage. On the FileStar platform, enterprise data can be DMD-ized (Data Assetization), turning it into an asset that can be traded. Through TDS (Trusted Data Storage) technology, FileStar ensures the authenticity and reliability of the data, thus giving stored data real value. Enterprises storing their data on Filecoin can earn profits through data transactions, incentivizing more users to demand paid storage.
Simplifying Storage Processes
Filecoin's storage service has a high entry barrier for ordinary users and enterprises due to the complexities of data sealing, uploading, and payment. FileStar simplifies these processes by facilitating smooth connections between users and Storage Providers (SP). The platform ensures that payments are efficiently and securely handled through smart contracts, making the entire process more user-friendly.
Expanding Filecoin’s Ecosystem
Filecoin’s ecosystem and application scenarios are still in their early stages, lacking widespread application support. FileStar accelerates this growth by forming depin organizations globally to promote Filecoin’s technology. Through these efforts, FileStar can cultivate top-tier storage providers while attracting more high-quality investors. This will enhance the overall adoption of Filecoin by creating a broader and stronger ecosystem.
Outcomes
FileStar aims to drive collaborations between enterprises and SPs to foster more real paid storage for the Filecoin network.
The platform leverages its extensive resources from traditional institutions and organizations, including RCEP, China Council for the Promotion of International Trade (CCPIT), Australia-China Business Council (ACBC), Chaozhou-Shantou Chamber of Commerce, and the China Council for the Promotion of Peaceful Reunification, among others. Through multi-channel and multi-organization promotional activities, FileStar enhances the exposure and recognition of Filecoin's real paid storage services.
FileStar has built a DMD reward-based trading platform that provides a trusted data storage infrastructure, offering enterprises a channel for monetizing their paid storage. This attracts more high-value enterprises to store their valuable data on Filecoin, increasing real paid storage demand.
Additionally, FileStar’s smart contract-based payment system ensures that SPs can profit from providing storage services. This system incentivizes SPs to deliver high-quality services to meet genuine storage needs, further fostering trust and adoption.
Adoption, Reach, and Growth Strategies
Growth Strategies
FileStar’s target audience includes enterprises and individuals with large-scale storage needs. Given the platform’s strong connections with various Chamber of Commerce resources, FileStar will focus on promoting decentralized storage to businesses. This promotion will highlight the advantages of decentralized storage, such as data security, privacy protection, and censorship resistance. By offering customized solutions, FileStar aims to attract enterprises and organizations to use Filecoin for their data storage needs.
The platform is also committed to optimizing the user experience, lowering the technical barriers to using Filecoin. FileStar will develop a user-friendly interface and smart contract-based payment systems to streamline storage processes, making it easier and faster for users to fulfill their storage needs. This will also allow SPs to quickly earn rewards for providing storage services, thereby aligning incentives with real storage demand.
Moreover, FileStar will focus on improving the quality of storage services by setting higher standards for data availability and storage speed, ensuring SPs provide top-tier storage solutions. The platform will also consider implementing a credit rating system, enabling demand-side users to choose reliable SPs based on their historical performance.
Development Roadmap
Milestone 1: Project Planning and Design
Timeline: October 2024 - November 2024
Functionality: Define project scope, decentralized storage model, system architecture (including integration with Chamber of Commerce systems), and smart contract design specifications. Establish partnerships with initial Chamber of Commerce organizations.
Team: 2 developers, 1 blockchain specialist, 1 business consultant (for Chamber of Commerce integration)
Funding: $8,000
Duration: 1 months
Milestone 2: Decentralized Storage System Implementation
Timeline: October 2024 - November 2024
Functionality: Develop and deploy the IPFS-based and Filecoin-based decentralized storage system, ensure integration with the Chamber of Commerce systems. Create basic interfaces for data storage and retrieval by institutions and individuals.
Team: 3 developers, 1 project manager, 1 network security expert
Funding: $12,000
Duration: 1 months
Milestone 3: Smart Contract Integration and DC Model Deployment
Timeline: October 2024 - December 2024
Functionality: Deploy smart contracts for automated data storage transactions using Filecoin. Implement the decentralized Chamber of Commerce (DC) model to manage interactions between storage demanders and providers.
Team: 2 developers, 1 blockchain specialist, 1 economist (to design incentives for both demanders and providers)
Funding: $15,000
Duration: 2 months
Milestone 4: User Interface Development and Initial Testing
Timeline: November 2024 - December 2024
Functionality: Design and implement the user interface for both institutional and individual users. Conduct testing for seamless data storage transactions, smart contract functionality, and integration with the decentralized Chamber of Commerce system.
Team: 2 developers, 1 UI/UX designer, 1 QA tester
Funding: $7,000
Duration: 1 months
Milestone 5: Full-Scale Testing and Optimization
Timeline: December 2024 - January 2025
Functionality: Conduct extensive user testing, optimize for performance and security, finalize integration with Chamber of Commerce organizations, and prepare the platform for full-scale deployment.
Team: 2 developers, 1 QA tester, 1 project manager, 1 business consultant
Funding: $5,000
Duration: 1 months
Total Budget Requested
$47,000
| Milestone # | Description | Deliverables | Completion Date | Funding |
Maintenance and Upgrade Plans
Phase 1: Ongoing Maintenance (January 2025 - July 2025)
Objective: Ensure the platform runs smoothly post-launch and promptly address bugs, performance issues, and user feedback.
System Monitoring: Regular checks on system performance, storage efficiency, and smart contract functionality.
Bug Fixes and Issue Resolution: Quickly identify and fix any bugs or issues that arise.
Security Patches: Regular security audits to address vulnerabilities, including blockchain and storage layers.
Support Team: A dedicated support team to handle technical issues and provide user support.
Phase 2: Feature Upgrades (August 2025 - December 2025)
Objective: Implement new features and improvements based on user demand and technological advancements.
New Features: Develop new features such as advanced data management tools, multi-signature storage contracts, or AI-based data analysis tools.
UI/UX Enhancements: Improve user experience based on feedback, adding more intuitive design and navigation features.
Scaling Improvements: Optimize the platform for higher data loads and new user onboarding.
Phase 3: Ecosystem Expansion (November 2025 - March 2026)
Objective: Expand the platform’s reach through collaboration and integration with other decentralized networks and Chamber of Commerce organizations.
Partnerships: Establish additional partnerships with other decentralized storage providers and Chamber of Commerce organizations.
Interoperability: Enable cross-chain functionality and collaboration with other blockchain networks.
Decentralized Governance: Implement community-driven governance systems to manage platform updates.
Team
Team Members
Will be listed here after comfirmation
Relevant Experience
Our team brings a wealth of experience in decentralized technologies, blockchain development, and data storage solutions, making us uniquely qualified to build the FileStar Storage platform. Below is a breakdown of our relevant expertise:
Blockchain and Smart Contract Development
Our team has extensive experience in building decentralized platforms, particularly with blockchain-based systems such as Filecoin, Ethereum, and IPFS. We've worked on several decentralized projects where smart contracts played a crucial role in automating business processes. One of our key developers has implemented custom FVM-based smart contracts on Filecoin, which aligns perfectly with the requirements of FileStar Storage.
Security and Data Privacy
We have a dedicated cybersecurity expert with over 10 years of experience in safeguarding data on decentralized networks. This individual has worked with encryption techniques, security audits, and the implementation of secure protocols in blockchain environments. This background ensures that FileStar Storage will adhere to the highest standards of security and data privacy.
Team code repositories
Additional Information
Filecoin Twitter