Lambda, the blockchain framework that gives unlimited storage, declares the launch of their public token crowdsale. The crowdsale will enable fund in future production of Lambda’s proprietary decentralized storage technology.
Lambda’s crowdsale will offer 300,000,000-500,000,000 of their LAMB tokens accessible to the general public of the 10 billion overall digital tokens. Every token will offer at USD $0.01 with a general foreseen sale of $3-5 million to assist the development of user-friendly storage solutions. The LAMB is an ERC20 token as Lambda is on the Ethereum blockchain.
Lambda is initiated by Xiaoyang He, an outstanding infrastructure software expert in China and a member of the JVM community. He has already worked at BEA Systems and Oracle as an engineer. Lambda gives boundlessly scalable data storage capacities to decentralized applications through the coherent decoupling and separate implementation of Lambda Chain and Lambda DB by which it accomplishes data integrity proof, multi-chain data cooperative storage, cross-chain data management, data security assurance and other services.
Lambda is extremely eager to welcome the public to invest into their top rated and secure decentralized storage solution. They’re focused on solving some of the core issues confronting data storage.
Lambda has effectively finished its private sale by overshooting its hard cap. It has gotten investments from well-known institutions, including FunCity Capital, Dfund, Zhen Fund, BlueHill, Metropolis VC, BlockVC, DATA Foundation and others.
Lambda’s unmistakable leeway lies in the satisfaction of Proofs of Provable Data Possession and Proofs of Retrievability through the verification of node accord, in order to guarantee the honesty and retrievability of data stored on “untrusted storage nodes.”
As reported by Venture Beat, Lambda is a quick, safe, and scalable blockchain infrastructure project. It gives decentralized applications (DAPPs) data storage capacities with boundless scalability and satisfies services such as multi-chain data co-storage, cross-chain data management, data privacy protection, provable data possession (PDP), and distributed intelligent computing through logic decoupling and independent implementation of Lambda Chain and Lambda DB.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]