DeSci Project StarChain Reaches Significant Milestone by Consolidating 500 Terabytes of Astronomical Data
Zug, Switzerland, August 5th, 2024 – Chainwire
Dr. Meijer, Chief Scientific Officer of StarChain, expressed his excitement as the company achieved its first major milestone of unifying 500 TB of astronomical data on their platform. This significant breakthrough will provide astronomers with easier access to massive datasets, enabling them to uncover valuable insights.
The revolutionary platform developed by StarChain consolidates previously scattered data into a single, user-friendly location. This eliminates the laborious task of manually gathering and merging data, streamlining the research process.
With the introduction of the unified DataStore, astronomers now have the capability to perform complex queries across multiple datasets, visualize data, and apply analytics on a large scale. This will lead to groundbreaking discoveries and a deeper understanding of various astronomical phenomena such as star and galaxy formation, the expansion of the universe, and the search for exoplanets similar to Earth.
Dr. Meijer further highlighted the overwhelming response from the scientific community, with researchers from around the world expressing their interest in joining the platform. Currently, access to DataStore is limited to select independent researchers and members of Leiden University. However, StarChain plans to launch an initial public beta by Q1 2025, expanding access to a wider audience.
The development of StarChain began in 2021 with the goal of breaking down data silos in the scientific field and accelerating research through the use of blockchain and AI technologies. The company intends to continue expanding its unified datastore to encompass over 10 petabytes (10 million GB) of data across various disciplines. Additionally, StarChain is actively working on the implementation of its innovative neural-network-based data analysis tool, known as StarChain AI.
To finance the development and rollout of StarChain, the team has initiated a presale of their native ecosystem token, STRC. CEO Michael Lobrecht emphasized the importance of community ownership, stating that the project should be governed by the community rather than venture capitalists. This approach has proven successful, as StarChain recently announced that they have surpassed their target by raising $100k within the first 24 hours of the presale, a 400% increase.
The presale is being conducted in 14 different pricing stages, ranging from $0.50 to $0.63 per token. STRC is scheduled to be listed on MEXC and Gate.io at $1.00 in Q4 of this year.
For more information, visitors can explore the website starchain.dev.
About StarChain:
StarChain is an innovative cryptocurrency project that aims to democratize scientific data, starting with the field of astronomy. By leveraging blockchain and AI, StarChain strives to create a secure, efficient, and universally accessible data ecosystem that promotes innovation and collaboration in scientific research.
Contact:
CFO & Allrounder
Jennifer Bircher
StarChain
[email protected]