Crust Weekly Report | June 14 — June 20

Crust Network introduced project development for June 14 — June 20, 2021: launch of $CSM Airdrop with CoinMarketCap, the first distribution of Kusama Crowdloan Rewards, Free Storage Space activity launch and more.

Crust Community Activities

Maxwell Preview Network Weekly Report

Crust Decentralized Storage Market was officially opened on February 28th, 2021 (GMT+8). There are 2,738 nodes in the entire network, with a total storage capacity of 644 PB as of June 14th. The network is currently in a state of lack of tokens.

Starting from the evening of May 5th, Crust Maxwell Preview Network has reduced production, and the daily output of the preview network is now 1,500 CRU.

Force Open Day

At 6pm on June 15th (GMT+8), Crust was invited to participate in the offline event of the Force Open Day in Shanghai to discuss the new pattern of distributed storage! Crust shared the speech of “Exploration of Decentralized Storage in the Polkadot Ecosystem” and participated in the panel discussion of “How Distributed Storage Leads the New Data Era”.

The First Batch of Rewards for the Kusama Slot Auction

At 3pm on June 16th (GMT+8), Crust distributed the first batch of rewards for the Kusama slot auction. A total of 322 CRU and 64,546 CSM were awarded to 4,610 KSM that support Crust Shadow.

*If the amount of CRU rewards obtained is less than 0.01 CRU, it will be distributed when the accumulated amount is over 0.01

Free Storage Space

Crust has launched the “Free Storage Space” activity . Every qualified community member can obtain unlimited free storage space for storage by attending this activity.

Application Guide #1

Crust posted the first article of the application guide series: How Crust is applied in NFT scenarios, and analyzes how the NFT trading platform stores NFT multimedia files on the IPFS network through the Crust network.

AMA of “How to Use Your Data to Profit Value”

From June 17th to June 19th, Crust cooperated with several major communities to organize AMAs on the topic of “How to use your data to profit value”, and sent out tens of millions of CSM airdrops. The event covered tens of thousands of people to learn about Crust storage!

The First Kusama Parachain Slot Auction Winner

At 9pm on June 22nd: The winner of the first Kusama Parachain Slot Auction will be selected. The auction winner is determined to be the highest bidder at a randomly selected point in time during the past 5 days.

9,000,000 CSM Airdrop

On June 21st (GMT+8), the 9,000,000 CSM Airdrop activity of CoinMarketCap began! Just follow the requirements on the page to complete the whitelist task and fill in the form!

What is Crust Network?

CRUST provides a decentralized storage network of Web3.0 ecosystem. It supports multiple storage layer protocols such as IPFS, and exposes storage interfaces to application layer. Crust’s technical stack is also capable of supporting a decentralized computing layer. It is designed to build a decentralized cloud ecosystem that values data privacy and ownership.

📰 INFO:

https://medium.com/crustnetwork/crust-project-development-june-14-june-20-8c59d4143b80