CRU/INR: Convert Crust Network (CRU) to Indian Rupee (INR)

Crust Network (CRU) is a decentralized storage network that aims to provide cloud solutions for both the Web 3.0 and Web 2.0 ecosystems. Built on Polkadot’s Substrate framework, Crust Network strives to enhance the IPFS protocol with a unique incentive layer and utilizes blockchain technology to improve data security, privacy, performance, and ownership. The CRU token serves as a utility within the Crust ecosystem, with functionalities including staking to maintain GPoS consensus, collateral for storage providers, covering transaction fees, purchasing storage or other cloud services, and on-chain governance.

Crust Network operates through three key layers: MPoW (Meaningful Proof of Work), GPoS (Guaranteed Proof of Stake), and DSM (Decentralized Storage Market). The MPoW layer is a low-trust storage proof layer that periodically generates trustable storage work reports. The GPoS layer is a PoS-derived consensus layer that requires nodes to provide storage proof to get staking quota. The DSM layer enables users to place storage orders on the chain, allowing their data to be stored and distributed on the Crust Network. Crust Network also offers a decentralized NFT market platform where users can mint, store, and display their NFTs on a fully decentralized infrastructure.

Crust Network has a wide range of potential use cases. It can provide the technical infrastructure for the Metaverse, mint, store, and exchange NFTs in a fully decentralized manner, and host websites, dApps, video streaming, and more. It can also be used for Web 3.0 gaming and decentralized social media, personal cloud storage to access data from anywhere, and file sharing and streaming services. Furthermore, Crust Network can be used for serverless DApp/website hosting, general off-chain data storage, accelerated content delivery, and secured cloud storage.

Crust Network launched its mainnet on September 1, 2021, and currently holds a storage capacity of around 1,200 PetaBytes provided by more than 4,000 individual nodes. It has integrated with many blockchains and provides a fully decentralized storage layer for Ethereum, BSC, Polygon, Solana, Near, Elrond, Heco, and others. Some of the biggest blockchain projects, such as Uniswap, AAVE, and Polkadot Apps, use Crust Network to store their data or host their websites and dApps via Crust’s infrastructure. Crust Network aims to provide even more services for the Web3 and Web2 landscape for projects and companies to utilize and build on in the future.