SAO Network Report Q3 2022

4 min readOct 1, 2022

By Hedra Labs | Oct 1, 2022

SAO, named after the acronym “Storage Autonomous Organization”, is a decentralized storage infrastructure for Web3 that utilizes the distributed peer-to-peer networks (e.g. Filecoin) and multiple blockchains (e.g. Ethereum, Polygon). SAO Network provides a decentralized storage protocol based on dStorage networks to increase the adoption of Web3 content storage and facilitate its ecosystem applications. Our goal is to provide a solid and comprehensive storage platform for Web3 applications and make it secure, easy, and intuitive for users to own and manage their data.

News Feed

Good News🎉

Storverse, built on SAO Network developed by Hedra Labs, has striking won the 1st place in the multi-chain storage track of Data DAO Hackathon co-hosted by Filecoin Foundation and Filswan.

As the 1st prize winner of Data DAO Hackathon, Storverse was invited to the Dorahacks and Binance Live virtual studio to demo the product and share the key technologies like encryption mechanism to public.

Product Renewal

SAO Network has launched two new joint mining products, namely, LEO and Libra respectively on July and September. Up to now, LEO and Libra have received much attention and engagement of mining enthusiasts.

In addition, SAO is going to launch a data store App targeted at improving the availability of Web3 storage. Keep tuned so that you won’t miss an easy-to-use storage App!

Web Updates

Remarkably, SAO Network homepage has been updated with a refreshing design style and renewed contents. Try our new web here at SAO — A Storage Autonomous Organization.

Community Events

In the past three months, SAO has successfully conducted interesting and rewarding community events as follows.

“What do you want to Store on Chain? “ event on Twitter.

“Sharing Talk Campaign” in Discord.

https://saonetwork.notion.site/Sharing-Talk-Campaign-93141a5ead5b4a99a559b5afb86f9987

https://discord.com/channels/887539166911528971/1012216902451478588

“Quiz-To-Earn” Compaign in Discord.

Discord | #🧩｜quiz-to-earn | SAO Network

Mining Report

Joint Mining

First launched in April, SAO Network joint mining series have successively launched 4 joint mining products in total. We named this series of joint mining products after the constellation. Up to October 2022, fourmining products including Aries, Gemini, Leo and Libra have been mining for days involving 584 user addresses, 177 engaged users out of which have claimed and received the distributed mining rewards in total of 382.7997 FIL.

Joint Mining Figures:

Join mining now!

FAQs

Q1: How to verify wallet in Discord?

A: Only users who joined our mining can verify their wallets in Discord. If you have joined the SAO joint mining products, you can verify your wallet address in Discord #wallet-verify channel by entering “/verify-wallet” to get your roles.

Q2: Is it safe to verify wallet in Discord?

A: Yes, it is.

Q3: How to join mining on SAO Network?

A: Firstly, log in the SAO joint mining web page by connect your wallet, and bind a Filecoin address belonging to you. For next steps, see more details here: https://sao.network/#/miningpool .

Quarterly Message

“Data storage on decentralized networks is faced with huge challenge of copyright issues, SAO Networks aims to protect copyrighted content by decentralized key distribution system and data provenance technologies.”

　　　　　　　　　　　　　　　　　　　　　　　　　　　　　— Leoren.eth

About SAO Network

SAO Network is a decentralized storage infrastructure for Web3. It provides a decentralized storage protocol based on dStorage networks to increase the adoption of Web3 content storage and facilitate its ecosystem applications.

Hedra Labs, the core developer team of SAO Network and Storverse, was established in Singapore in 2021 as a blockchain-focused R&D taskforce teamed by industry pioneers, senior architects and developers from both fin-tech and blockchain fields who are dedicated to the development and evolution of Web3 and decentralized storage networks. Its ultimate goal is to provide a solid and comprehensive storage platform based on SAO Network for Web3 applications and make it secure, easy, and intuitive for users to own and manage their data.