Crust Network (CRU)

Decentralized Storage

Crust Network lets users and developers store files in a decentralized way using IPFS. Files are split and saved across many nodes, making data highly available and reliable without relying on a single server.

Web3 and dApp Hosting

Developers can host decentralized apps (dApps) and websites on Crust Network. This helps keep apps online and accessible with strong data persistence and censorship resistance.

AI and Data Storage

AI projects use Crust Network to store models, metadata, and logs securely. The network provides verifiable proofs of storage and high redundancy, which is important for AI data reliability.

Content Delivery Network (CDN)

Crust enables developers to build peer-to-peer CDN services. This speeds up data delivery by distributing content closer to users through multiple nodes.

NFT and Blockchain Data

Crust supports storing NFT files and blockchain node data, offering decentralized storage solutions for NFT platforms and other blockchain-based projects.

Token Utility

The CRU token is used for paying storage fees, staking, and participating in network governance, helping maintain and secure the Crust ecosystem.

Pros

• Decentralized and privacy-focused storage, meaning no single authority controls your data.
• Built on IPFS, offering a peer-to-peer distributed file system that is more reliable than traditional cloud storage.
• Cross-chain functionality allows data storage and access across multiple blockchains.
• Uses a unique consensus mechanism (Guaranteed Proof of Stake) combining storage resources and tokens for network security.
• Supports developers with tools to build decentralized apps (dApps) on the platform.
• Incentivizes storage providers with native CRU tokens, encouraging network growth and data availability.
• Integration with Ethereum smart contracts for transparent and verifiable storage operations.
• Growing ecosystem with partnerships and support from Polkadot and other blockchain projects.

Cons

• Complexity for new users unfamiliar with decentralized storage or blockchain technology.
• Network and token value can be affected by market fluctuations.
• Requires understanding of wallet setup and token management to interact fully with the network.
• Still developing and expanding, so some features or integrations may be limited compared to centralized services.

For more details, visit Crust Network's official site.

Founders of Crust Network

The founders of Crust Network are Leo Wang and Luke Fan. They co-founded the project to build a decentralized cloud storage network that supports the Web3 ecosystem.

Investors in Crust Network

• Series A Round Investors: NGC Ventures, AU21 Capital, Bitscale Capital, Chain Capital, DFG, HashCIB, IOSG, KNS Group, Lotus Capital, Origin Capital, SNZ, Bitrise Capital, Consensus Lab, Waterdrip Capital, Ti Capital, CryptoDiscover, and others.
• Seed Round Strategic Investor: Chengdu Infichain Technology (also provided additional investment in Series A).
• Additional Funding: DWF Labs provided seven-figure funding to support Crust Network's growth.
• Partners: Bitcoin.com, Bithumb, Darwinia, Maskbook.

These investors and partners help Crust Network build its decentralized cloud infrastructure and expand its ecosystem.

Halal Status of Crust Network

• Yes or No: No clear official information is available confirming that Crust Network is halal.
• Reason: Crust Network is a decentralized cloud storage blockchain project and does not have any specific halal certification or religious compliance statements publicly available. Halal status usually applies to food or products with clear religious guidelines, which is not typical for crypto tokens or blockchain projects like Crust Network.