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Xandeum Launches STOINC on Mainnet, Introducing Usage-Based Storage Income for Web3

BeInCrypto
Xandeum has launched STOINC on the Solana mainnet, creating a new economy where storage usage generates direct economic value for the network.

Summary

Xandeum has officially launched STOINC (Storage Income) on the Solana mainnet, introducing a usage-driven storage economy. Unlike traditional models reliant on token emissions, STOINC generates value through actual storage fees collected from network interactions. These fees are distributed to support node operators and ecosystem growth. Founder Bernie Blume emphasizes that this move transitions Web3 storage from theory to real-world utility, enabling a new class of storage-enabled decentralized applications (sedApps) on the Solana blockchain.

(Source:BeInCrypto)