{"id":176014,"date":"2023-10-17T23:00:19","date_gmt":"2023-10-17T17:30:19","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=176014"},"modified":"2023-10-17T23:00:19","modified_gmt":"2023-10-17T17:30:19","slug":"young-entrepreneurs-to-launch-decentralized-storage-solution-hello-app-to-take-on-centralized-cloud-giants-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/young-entrepreneurs-to-launch-decentralized-storage-solution-hello-app-to-take-on-centralized-cloud-giants-crypto-news\/","title":{"rendered":"Young entrepreneurs to launch decentralized storage solution hello.app to take on centralized cloud giants &#8211; Crypto News"},"content":{"rendered":"<p>Hello.app, a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/cryptoslate.com\/cryptos\/storage\">decentralized storage<\/a> system designed to offer innovative solutions for Web3 users, has been unveiled by the teenage visionary entrepreneurs \u00c1lvaro Pintado Santaularia and Alexander Baikalov.<\/p>\n<h2>Secures \u20ac300k funding<\/h2>\n<p>According to an Oct. 17 statement shared with <em>CryptoSlate<\/em>, the project recently secured \u20ac300,000 in a pre-seed funding round, valuing the company at \u20ac1.4 million. The funding would be expended on addressing the shortcomings of conventional Web2 storage solutions and positioning the company as a Web3 equivalent of Dropbox.<\/p>\n<p>Notably, the storage system represents the world\u2019s inaugural user-controlled, open-source Web3 decentralized storage software. As a part of its product launch campaign, new users are granted 100GB of free storage.<\/p>\n<p>Meanwhile, the acquisition of the hello.app domain represents a strategic investment by the founders to foster mainstream adoption. The hello.app domain is one of Spain\u2019s most costly web domain purchases in history, amounting to \u20ac115,000 (approximately $120,000).<\/p>\n<h2>Decentralized storage<\/h2>\n<p>Distinguishing itself from centralized storage systems, hello.app harnesses blockchain technology to deliver heightened security, data privacy, and user control. This approach empowers users to maintain data ownership in a decentralized ecosystem, free from single points of ownership and control.<\/p>\n<p>Hello.app also allows users to serve as node operators by contributing storage to the system and, in turn, earning corresponding rewards. With its emphasis on user autonomy and privacy, this platform is poised to redefine both the storage and Web3 sectors.<\/p>\n<p>\u00c1lvaro Pintado Santaularia, the CEO and Founder of hello.app, revealed that the platform\u2019s creation stems from the imperative to address prevalent Web2 storage issues. He pointed out that the dominance of industry giants has raised concerns about individual data privacy.<\/p>\n<blockquote>\n<p>\u201cThe vision of hello.app is to re-wire the status quo data storage landscape and deliver a more user-centric and transparent framework that serves the best interests of the individual.\u201d<\/p>\n<\/blockquote>\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-mxsbw-79elbk h-full dark:bg-gray-800\">\n<div class=\"react-scroll-to-bottom--css-mxsbw-1n7m0yu\">\n<div class=\"flex flex-col text-sm dark:bg-gray-800\">\n<div class=\"group final-completion w-full text-token-text-primary border-b border-black\/10 gizmo:border-0 dark:border-gray-900\/50 gizmo:dark:border-0 bg-gray-50 gizmo:bg-transparent dark:bg-[#444654] gizmo:dark:bg-transparent\" data-testid=\"conversation-turn-8\">\n<div class=\"p-4 justify-center text-base md:gap-6 md:py-6 m-auto\">\n<div class=\"flex flex-1 gap-4 text-base mx-auto md:gap-6 gizmo:gap-3 gizmo:md:px-5 gizmo:lg:px-1 gizmo:xl:px-5 md:max-w-2xl lg:max-w-[38rem] gizmo:md:max-w-3xl gizmo:lg:max-w-[40rem] gizmo:xl:max-w-[48rem] xl:max-w-3xl }\">\n<div class=\"relative flex w-[calc(100%-50px)] flex-col gizmo:w-full lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col gap-3 max-w-full\">\n<div class=\"min-h-[20px] flex flex-col items-start gap-3 whitespace-pre-wrap break-words overflow-x-auto\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>Over the years, the founders have demonstrated their tech expertise. \u00c1lvaro Pintado (CEO), who authored \u201cThe Decentralized Financial System\u201d at 17, showcases his profound understanding of decentralized tech. Likewise, Alexander Baikalov, the company\u2019s CTO, has been freelancing since the age of 15, further underscoring their technological acumen.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/young-entrepreneurs-to-launch-decentralized-storage-app-hello-to-take-on-centralized-cloud-giants\/\">Young entrepreneurs to launch decentralized storage solution hello.app to take on centralized cloud giants<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\">CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello.app, a decentralized storage system designed to offer innovative solutions for Web3 users, has been unveiled by the teenage visionary entrepreneurs \u00c1lvaro Pintado Santaularia and Alexander Baikalov. Secures \u20ac300k funding According to an Oct. 17 statement shared with CryptoSlate, the project recently secured \u20ac300,000 in a pre-seed funding round, valuing the company at \u20ac1.4 million. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":176015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-176014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=176014"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176014\/revisions"}],"predecessor-version":[{"id":176016,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176014\/revisions\/176016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/176015"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=176014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=176014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=176014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}