• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Aptos Labs and Jump Crypto Introduce Shelby - A New Data Storage Solution

user avatar

by Giorgi Kostiuk

7 hours ago


Aptos Labs and Jump Crypto have announced the launch of Shelby, a new decentralized data storage network aimed at improving data access for web3 applications.

What is Shelby?

Shelby is touted as the first web3 cloud-grade infrastructure offering access to decentralized and monetizable data storage. It is designed to bridge the gaps in existing decentralized infrastructure protocols, enabling sub-second request execution.

Goals and Capabilities of Shelby

Jump Crypto stated, 'While blockchains today have mostly solved the ability to execute code, they cannot access large datasets at the required scale and speed. Hence, we are building Shelby.' Shelby will power real-time web3 applications, including streaming and AI inference.

Project Participants and Partners

Early contributors include Metaplex, Pipe Network, and Story. David Rhodus, founder of Permissionless Labs, commented: 'We’re proud to be among the first builders on Shelby because its global high performance storage network makes more data available for the Pipe Network.'

The launch of Shelby promises to enhance decentralized data storage significantly, making data more accessible and monetizable for web3 users.

0

Share

Other news

Crypto Market: Ripple, Cardano, and the Innovative Unstaked Project

An overview of the current crypto market focusing on Ripple, Cardano, and the new Unstaked offering, its potential benefits, and AI usage.

user avatarGiorgi Kostiuk

a few seconds ago

SEI's Breakout from Consolidation: Predictions and Analysis

The SEI blockchain shows significant growth, marking serious whale activity and increasing interest in altcoins.

user avatarGiorgi Kostiuk

a few seconds ago

BitGo Reports $100 Billion Assets Under Custody Growth

BitGo's assets under custody increased by 66%, reaching $100 billion driven by rising interest in cryptocurrencies.

user avatarGiorgi Kostiuk

a minute ago

Arctic Pablo Coin: New Opportunities in the Cryptocurrency Market and Other Initiatives

Overview of Arctic Pablo Coin and recent news about Snek and Pudgy Penguins in the cryptocurrency market.

user avatarGiorgi Kostiuk

2 minutes ago

$NIGHT Token Airdrop for XRP Holders: New Developments in the Ecosystem

Midnight Network executes $NIGHT token airdrop for XRP holders, aiming to boost ecosystem activity and trading volumes.

user avatarGiorgi Kostiuk

2 minutes ago

BlockDAG and Its Path to Leading Positions in the Crypto World

BlockDAG has achieved significant success with a $321 million valuation and an active user growth, confidently moving towards 2025.

user avatarGiorgi Kostiuk

3 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.