SAO Network Quarterly Report Q2 2023

SAO Network
4 min readJul 4, 2023

By Hedra Labs, July 4, 2023

SAO Network, powered by Hedra Labs, is a secure and decentralized storage infrastructure for Web3 based on Cosmos SDK and IPFS protocol. With the continuous maturation of the decentralized storage infrastructure, SAO Network has made great progress on both technical development and business development in the past three months.

🎉 News Feed

💻Technical Progress

SAO has successfully released its Beta network on June 29. All data stored on the Beta network will eventually migrate to the mainnet. This means that Beta users will experience the full functionality of the network, as their data will be persistently stored on the mainnet.

Introducing SAO Beta Network

Technical Improvements

  • Data Availability. All data stored on the Beta network will eventually migrate to the mainnet. This means that Beta users will experience the full functionality of the network, as their data will be persistently stored on the mainnet. In contrast, the testnet is used for experiment and testing only.
  • SAO SDKs. Beta Network offers a range of SDKs (software development kits) for developers to build their applications based on SAO Network and utilize the available toolings or solutions including SID(SAO DID), APIs and models through SAO SDKs.
  • Pre-defined Data Model. Some predefined data models will save developers a lot of effort in structuring and managing dApp data. For instance, the data models of Storverse, a demo dApp based on SAO Network developed by the team, is now open-source and available for all the developers to use to build their own dApps.
  • New Explorer:

🎡 Community

Community Stats

  • Twitter: 5595 followers
  • Telegram: 32010 members
  • Discord: 8789 members
  • Medium: 104 followers

Community Events

In the past three months, we have successfully conducted interesting and rewarding community events as follows,

  • “COMPETE FOR YOUR VALIDATORS” on Twitter.
  • AMA Giveaway co-hosted with Cosmos Allday on Twitter space.

Upcoming Events

  • “SAO Credit Program” on Discord/Twitter/Telegram.
  • Community Referral Campaigns
  • Storage Provider Incentive Program
  • “AMA Giveaway” with Cosmos Daily on Twitter.

🤔️ FAQs

Q1: How to run a node on the Beta network?

A: Please check for the tutorial here: https://docs.sao.network/run-nodes-in-sao-beta-network.

Q2: What is SAO Credit?

A: SAO Credit is a way of payment for data services(storage, searching, renewal etc.) on the Beta network. The Beta network uses SAO Credits instead of test tokens for payment and staking on the network.

Q3: How can I join the Beta network?

A: At the present, it is not available for all public users to run nodes or use data services on the Beta Network. Only those active participants in the testnet will be granted to the Beta network.

Q4: How to get SAO Credits?

A: There will be giveaway events in the near future for other community members to get SAO Credits to access the Beta network.

📢 The SAO mainnet is not far behind! Stay tuned and become a SAO follower!

About SAO Network

SAO Network is a decentralized storage infrastructure for Web3. It provides a dStorage protocol based on Cosmos SDK and IPFS to increase adoption of Web3 data storage and facilitate ecosystem applications.

Hedra Labs is the core developer team behind SAO Network and Storverse. It was established in Singapore in 2021 as a blockchain-focused R&D taskforce, composed of industry pioneers, senior architects, and developers from both fintech and blockchain fields. The team is dedicated to the development and evolution of Web3 and dStorage networks. Its ultimate goal is to provide a solid and comprehensive dStorage platform based on SAO Network for Web3 applications, making it secure, easy, and intuitive for users to own and manage their data.

Join us to stay in the loop!

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SAO Network

A secured and decentralized storage infrastructure for Web3