Market.space Decentralized system for data storage

Market.space aims to provide a highly reliable and secure yet cost effective data storage system. Market.space brings together professional hosting providers in a place where customers can easily contact them and select a contractor with the most appropriate price and rating.

Market.Space is a decentralized self-regulatory system for the storage, transmission and direct distribution of content. It fulfills several non-standard features that set it apart from the competition:

As a host aggregator, Market.Space enables professional hosting providers and data centers to lease their unused storage capacity.

Our system works like a marketplace, without imposed plans or transaction fees, which means affordable pricing.

With Market.space, authentic content can be seamlessly and securely distributed to intermediaries and their fees. This feature is intrinsically embedded in the system architecture, while competitors require centralization or additional apps.

Responsible data storage is carried out according to the algorithms defined in the Smart Contract. All participants are treated equally and receive compensation for their commitment to data transfer. Utilizing Distributed Ledger technology, along with the involvement of professional hosting providers, provides a totally secure and reliable service, while the exchange-based pricing request and quote system are affordable.

How it works?

Market Space has raised several issues with currently used data storage systems. For example, centralized storage services like the cloud are vulnerable to hackers and theft. There are also disagreements when it comes to the cost of certain services.

In the meantime, decentralized storage systems can help limit security issues, but data is not always easily accessible on demand. Consumer devices can also be vulnerable to corruption.

Market Space believes it has the potential to address these issues by combining Blockchain technology with professional hosting providers. In essence, Market Space acts as a host aggregator, so only owners and recipients can access files that are secure, affordable, and reliable.

The Market.Space website outlined the following 8-step process:

1. The contracting parties make a deposit.
2. The customer sends a save request with details such as file size and storage duration.
3. Several hosts answer with offers.
4. A list of the best offers is created.
5. The customer can select one or more hosts and pay.
6. The host accepts the payment and sends the client a URL to upload the file.
7. The customer uploads the file which is encrypted with the private key and sent to the server of the customer's chosen host.
8. Either the customer or a third party to whom the customer gives access to the file can download the file with the key.

Market.Space materials

The Market.Space Token Sale begins on March 26 and runs through May 6. A MASP token is valued with a minimum contribution of $ 35 to $ 0.35. There is no limit to how much a person can invest during the ICO. Market Space has set a soft limit of $ 15 million on token sales and a fixed cap of $ 50 million. Tokens will be assigned approximately two weeks after the end of the ICO on May 6.

• Symbol: MASP
• Price: 1 MASP = 0.35 USD
• Platform: Ether
• Accept: ETH, ETZ, BTC, BCH, LTC, DASH, Fiat
• Minimum investment: 35 USD
• Soft cap: 15,000,000 USD
• Hard cap: 50,000,000 USD
• Country: Estonia
• Restricted areas USA

Market.Space may be used to confirm certain transactions or proof of ownership. It will also be useful in accelerating the defense of patents, intellectual property rights, and trademarks.

Perhaps more universally, it can help distribute audio and video files and similar types of content. If you regularly send or receive such files, Market.Space may suit you.

Market.Space seems to have developed a system that benefits everyone involved. Customers can store and transfer data in a secure and cost-effective manner. Hosting providers, on the other hand, can use Open Space while charging a fair rate.

The people behind Market.Space also seem to have the experience and expertise to make their vision a reality. Against this background, investments are still pending, but the expected start date is still a year and a half in sight. That leaves a lot of time for something to go wrong.

For more information, you can visit:

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Author: washing.machine

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