metadata: {"type": "project", "title": "Protobox.xyz", "logoImg": "bafkreibinmtnjjnlfsnopampvnewlsb7qmh7blxvu3l6neyqyctbdenxh4", "website": "https://protobox.xyz", "bannerImg": "bafkreih44ulktx54n26jplmmkkgviw25qes7omnwolwwqgjlmeee77qm3m", "createdAt": 1682121872951, "credentials": {}, "description": "Protobox is a decentralized storage product and suite of tools that allow existing web2 customers who utilize object storage solutions (including AWS S3) to easily access the inherent benefits of distributed storage networks.\n\nDecentralizing Cloud Storage\n\nThere are currently over 800,000 users of Amazon\u2019s S3 enterprise object storage solution. This represents roughly a 93% market share.1 This currently represents a $4.83 billion dollar market, with a compound annual growth of 13.6%.2 \nCloud storage is a core service enabling almost every technology we utilize today in our personal and business lives. It may be the gateway for the masses to the Web 3.0 ecosystem. Decentralized storage has already been praised in the U.S. Congress by Sen. Pat Toomey for protecting the free press in China.3\nIn order to encourage more users to adopt decentralized storage, we need to eliminate key friction points from the onboarding and migration process.\nThat is where we come in.\n\nProtobox Solutions\n\nFor decentralized storage to reach wider adoption, the experience for both the data producer and the data consumer should be equivalent to the current standard solution at a minimum. Protobox exists in an active response to this point and our roadmap of tools and integrations is continually evolving to meet user needs.\nOur initial product offering is S3 API tooling that enables data transfer between S3-compatible storage endpoints/vendors and the decentralized Swarm Network.\nOur aim is to allow new and existing cloud storage users to access and incorporate decentralized storage with as little friction as possible.\n\nOur roadmap includes:\n* Offerings to reduce payment friction for non-web3 native users transitioning to Swarm from traditional S3 vendors\n* Automatic fiat onramp solutions with automated postage stamp creation and renewal/top-up, simplified storage cost calculator, simplified bandwidth cost calculator, and options to enable prepayment of bandwidth cost on behalf of end users.\n\n1) \u201cAmazon s3 - Market Share, Competitor Insights in Enterprise Data Storage.\u201d Slintel, https://www.slintel.com/tech/enterprise-data-storage/amazon-s3-market-share. Accessed 25 January 2023.\n2) \u201cThe Cloud Object Storage Market in 2022.\u201d Enterprise Storage Forum, 16 May 2022, https://www.enterprisestorageforum.com/cloud/cloud-object-storage-market/. Accessed 25 January 2023.\n3) \u201cCryptocurrencies: What are they good for? | United States Committee on Banking, Housing, and Urban Affairs.\u201d hearing | Hearings | United States Committee on Banking, Housing, and Urban Affairs, 27 July 2021, https://www.banking.senate.gov/hearings/cryptocurrencies-what-are-they-good-for. Accessed 25 January 2023.", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "protobox_xyz"}
name: Protobox.xyz