
Banyan
Fund the preservation of files, alone or with others.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
$500k | Seed | ||
Total Funding | 000k |
Banyan Computer operates as an on-chain broker, facilitating the storage of files in a distributed cloud environment. The company serves clients looking to preserve digital assets across various blockchain networks. By leveraging a decentralized autonomous organization (DAO), Banyan manages assets through a combination of yield-bearing stablecoin strategies and FIL BTC perpetuals, aiming to maximize storage efficiency and hedge against crypto market volatility. The business model involves placing assets into a DAO-controlled trust contract, which incentivizes third-party uploads to reputable Filecoin service providers and IPFS pinning services. Revenue is generated through the management of these assets and the provision of storage solutions. Banyan's market includes individuals and organizations seeking reliable, long-term digital storage solutions with financial incentives. The company emphasizes strong storage deal guarantees and active market management to ensure both short-term and long-term storage needs are met.
Keywords: on-chain broker, distributed cloud, file storage, blockchain, DAO, Filecoin, IPFS, stablecoin strategies, crypto market, digital preservation.