The decentralized storage company Storj launched the new version of Storj Next

It is reported that the decentralized storage company Storj has launched a new version of Storj Next, introducing new functions and economic incentives. The new functions include pledge, community satellite and permanent storage to monetize the underutilized storage. （TechCrunch）

Interpretation of this information:

Storj, a decentralized storage company, has announced the launch of a new version of its platform, Storj Next. The new version introduces a range of new functionalities and economic incentives to incentivize and monetize underutilized storage. The new functions include the pledge, community satellite, and permanent storage.

The pledge function allows Storj users to lend their storage capacities to the platform and then receive rewards for providing storage services. This initiative would incentivize individuals to contribute their storage capacities to the network while also allowing them to monetize their storage. This function could help Storj to expand its decentralized storage network, thereby making its platform more efficient.

Community satellite function is another feature included in Storj Next. It allows businesses or other enterprises to deploy their own satellites in a hyperlocal manner. This would give businesses the ability to tailor their storage solutions to fit their specific needs, rather than relying on generic storage solutions. Additionally, users of the Storj platform can rent their storage capacity to these businesses to earn rewards.

Finally, Storj Next also introduces a permanent storage function. This function allows users to store files on the platform permanently, with the assurance that they will never be deleted or removed. This could be particularly useful for archiving purposes, as it ensures the files contained in the archive will remain accessible and retrievable for an indefinite period.

In conclusion, Storj is taking steps to expand its platform with the introduction of these new functions and economic incentives. By incentivizing users to provide storage services and partnering with businesses to deploy customized, hyperlocal storage solutions, Storj hopes to expand its decentralized storage network while making its services more accessible and efficient.