Zug, Switzerland, August 5th, 2024, Chainwire
“We are thrilled to announce that we have achieved our first major milestone by unifying 500 TB of astronomical data on our platform. This will allow astronomers to more easily analyze massive datasets and uncover meaningful insights.” said Dr. Meijer, Chief Scientific Officer of StarChain. “Our platform is revolutionizing scientific research by taking data that was previously scattered and bringing it together into one searchable, user-friendly location. Eliminating the need for tedious manual gathering and merging of data.”
With the unified DataStore, astronomers can now perform complex queries across multiple datasets, visualize data, and apply analytics at a massive scope and scale. This will lead to powerful new insights about the formation of stars and galaxies, the expansion of the universe, the search for Earth-like exoplanets, and more.
“The response we’ve gotten from the science community has been astounding,” Dr. Meijer continued. “Researchers from all across the world have expressed their interest in joining our platform.” Currently, only a select few independent researchers and members of Leiden University have received access to DataStore, but the company is aiming to roll out its initial public beta by Q1 2025.
StarChain’s development started in 2021 with the mission of breaking down data silos in science and speeding up research using the new possibilities brought by blockchain and AI. The company plans to continue growing its unified datastore to eventually include over 10 petabytes (10 million GB) of data across various fields of study. StarChain is also working on the rollout of its novel neural-network-based data analysis tool called StarChain AI.
To fund the development and rollout of StarChain, the team has started a presale of its native ecosystem token called STRC. Our project relies on a strong community, so we think it’s only fair that the community maintains ownership of the project, not random venture capitalists.” said Michael Lobrecht , CEO of StarChain. This approach seems to be working out for them as StarChain just announced that they’ve raised $100k within the first 24 hours of the presale, exceeding their target by 400%.
The presale is being held in 14 different pricing stages, starting from $0.50 and ending at $0.63 per token. STRC is set to be listed on MEXC and Gate.io at $1.00 in Q4 of this year.
To learn more, users can visit starchain.dev.
About StarChain
StarChain is a cutting-edge crypto project focused on democratizing scientific data, starting with astronomy. Leveraging blockchain and AI, StarChain aims to create a universally accessible, secure, and efficient data ecosystem that fosters innovation and collaboration in scientific research.
CFO & Allrounder
Jennifer Bircher
StarChaim
jennifer.bircher@starchain.dev
A data store is a repository for storing and managing data, allowing for easy access and analysis by users or applications.
A presale is an initial offering of a cryptocurrency token before it is made available to the public, often used to raise funds for project development.
A token is a digital asset created on a blockchain that represents a unit of value, often used for transactions or to access a service.
Data analysis involves inspecting, cleansing, and modeling data to discover useful information, inform conclusions, and support decision-making.
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