Datamall Chain: How to Create a New Star in the Decentralized Storage Field

Author: Datamall Chain

The demand for decentralized storage has gradually increased over the past few years. With the explosive growth of digital content and the growing concerns over data security and privacy, more and more individuals and organizations are seeking more reliable, secure, and decentralized storage solutions.

As a rising star in the decentralized storage field, Datamall Chain fully mobilizes the resource aggregation advantages of the decentralized storage trading market through its decentralized storage trading algorithm, network mechanism, and ecological governance tokens. Less than a year after the launch of its testnet last year, Datamall Chain has already attracted hundreds of thousands of active users.

The official team is not satisfied with this alone; they continuously develop and optimize their model in collaboration with ecological partners, actively responding to industry issues and challenges, further promoting the widespread application and popularization of decentralized storage in practice.

1. Widespread Application and Popularization in Practice

In February this year, Datamall Chain reached a deep cooperation with the Immerex Virtual Reality Lab at the University of California, Berkeley, which is one of the key research departments of the UC Berkeley Department of Computer Science and Engineering, aimed at enhancing human-computer interaction and improving human perception of the environment and others.

The lab will establish a super node on DMC to store data on DMC. This is an important landing of decentralized storage application scenarios, which will further validate the advantages of decentralized storage and promote the acceptance and use of this technology in the academic and technological fields.

While there are many decentralized storage projects in the market, one of the biggest problems is that many application scenarios are false. Public chains issue their own tokens to incentivize users to store their data to enhance market adoption, and more commonly, large nodes upload useless data information to gain incentives. Although the amount of stored data appears to be increasing, it does not generate any real value.

To break this dilemma, participants like Datamall Chain are needed, dedicated to providing solutions for real needs and continuously promoting market adoption of technology, expanding partnerships including Immerex VR Lab.

2. Self-Optimization and Iteration

In January this year, Datamall Chain announced a strategic cooperation with AlephCrypto.xyz, whose key members include Victor Zhou, a major contributor to Ethereum Improvement Proposals, and William Entriken, the first author of ERC-721. The two parties will collaborate in multiple areas, including blockchain technology development and distributed storage.

Looking back at the prosperous history of the first public chain, Ethereum, developers in the community continuously propose improvement proposals. As new ideas and proposals are introduced and implemented, Ethereum gradually presents new fields such as decentralized finance and non-fungible tokens. For example, before the ERC-721 standard emerged, it was impossible to witness the NFT market's boom. The expansion of underlying standards has provided soil and possibilities for new economic models.

The strategic addition of AlephCrypto.xyz provides Datamall Chain with an excellent external perspective to examine the performance that urgently needs improvement in the development process of public chains and how to achieve richer economic models through functional optimization.

3. Responding to Industry Issues and Challenges

Since March this year, Datamall Chain has actively participated in events, sharing its observations and research, explaining the advantages and potential of decentralized storage technology, and providing analyses of practical cases and application scenarios, aiming to enhance the industry's understanding and recognition of decentralized storage and promote broader discussions and collaborations.

The online AMA (Ask Me Anything) with .bit focused on discussing the current state and issues of the storage market, introducing decentralized storage as an advanced solution; the dialogue with PLUR ASCII ART specifically explained how decentralized storage empowers the metaverse and NFT market and how it serves as a foundational technology to promote healthier and more prosperous market growth; the discussion with EMC protocol delved deeper, as EMC is a blockchain layer two protocol focused on decentralized computing networks, where decentralized computing and decentralized storage complement each other, jointly laying the technical foundation for the upper economy.

In August last year, DMC ecosystem application partner fog works announced the completion of a multi-million dollar seed round financing, with OKX Blockdream Venture as one of the lead investors. This year, Datamall Chain actively participated in industry events hosted by OKX, serving as a community partner in the hackathon organized by OKX and Google Cloud, as well as in their exchange meeting held in Los Angeles.

Datamall Chain is considered a rising star in decentralized storage because the official team closely collaborates with ecological partners to jointly advance the process of decentralized storage, continuously optimizing and iterating its model, actively addressing various industry issues and challenges, and further promoting the widespread application and popularization of decentralized storage in practical applications, making decentralized storage a widely accepted and adopted solution that provides users with a safer, more efficient, and reliable way to store and share data.

Through continuous cooperation and innovation, decentralized storage will play a more important role in the near future and make a positive contribution to the development of the digital world.

For more information about Datamall Chain, please visit the official website.