
Sarcophagus
Sarcophagus Dead Man's Switch dApp.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
* | $5.5m | ICO | |
Total Funding | 000k |
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Sarcophagus operates in the Web3 space, addressing the critical issue of secret storage and recovery through a decentralized on-chain dead switch protocol. Utilizing the Ethereum network for its operations and Arweave as a permanent file storage system, Sarcophagus offers a unique solution for secure data management. The protocol allows users to attach payments to files, enabling miners to compete for storage and service, akin to an annuity model. This approach ensures that files remain on-chain indefinitely, provided storage costs continue to decrease. Sarcophagus targets clients who require secure, immutable storage solutions without relying on traditional physical backups or corporate permissions. The business model revolves around leveraging blockchain technology to provide a reliable and permanent storage solution, generating revenue through user payments for file submissions. Keywords: Web3, Ethereum, Arweave, decentralized, storage, recovery, blockchain, secret, protocol, immutable.