SFT Protocol, the well-known decentralized protocol that offers liquidity to stake assets, has unveiled its latest partnership with Crust Network, a prominent platform offering solutions concerning decentralized storage. The collaboration focuses on establishing a completely generalized Decentralized Physical Infrastructure Network (DePIN). The platform revealed the details of this joint effort in a recent social media post.
SFT Protocol Collaborates with Crust Network to Expedite Decentralized Infrastructure
SFT Protocol and Crust Network’s collaboration denotes a major leap in advancing the decentralized infrastructure. Crust Network, which is developed on the Substrate framework, leverages the InterPlanetary File System (IPFS). It has become a notable platform for data storage in the Web3 ecosystem. Additionally, Crust Network has a resilient worldwide presence of more than 1K active nodes as well as over 700 petabytes of disseminated storage capacity.
In this respect, it permits consumers to permissionlessly serve and store content. Diverse forms of data in this regard include NFTs, web portals, decentralized applications, and more. Along with that, SFT Protocol envisions a collective infrastructure stack to seamlessly incorporate decentralized compute, storage, and content delivery network (CDN) functionalities.
The SFT Protocol is reportedly anticipated to utilize unparalleled infrastructure and experience of Crust Network in terms of decentralized landscape to complement its roadmap. The collaboration occurs at a time when there is a great demand for efficient decentralized alternatives in comparison with conventional cloud services. Overall, as a part of this collaboration, SFT Protocol is anticipated to benefit from the storage layer of Crusts as a basic component.
Providing Censorship-Resistant, High-Performance Data Accessibility
This guarantees censorship-resistant and high-performance data accessibility for partners and users. Moreover, Crust Network focuses on leveraging broader adoption across exclusive DePIN-based services and applications. Hence, while the decentralized internet keeps making continuous evolution, such collaborations indicate commitment to redefining digital infrastructure while maintaining permissionless innovation, performance, and transparency.
