SINSO, as a Web3.0 infrastructure focusing on distributed cache network and data programmability, is inspired by Filecoin. While with its own positioning, SINSO has an economic model design that differs from Filecoin.
SINSO believes that Filecoin has developed a global ultra-large-scale storage provider network under its current positioning, but the effective storage space utilization is less than 5% of its total.
The emphasis on incentives for Web3.0 ecology is the biggest difference between SINSO and other distributed storage networks. Regarding ecological construction, there are two important components, DAPP Cube and SINSO DAC, which are also the core of SINSO’s future development. Combining ecological construction incentives with token incentives, the ecological construction of SINSO is different from that of other blockchains, which constitutes the important characteristic of SINSO differentiating it from other blockchains.
In addition, this leads to rather fast basic network construction while the application ecosystem expansion is slow. A typical example would be Chia – Though with great technology, the lag of the application ecology would result in the imbalance of the economic model. In short, solely focusing on infrastructure construction without considering the application ecology from a macro perspective will lead to plenty of problems. That’s why we launched DAPP Cube.