Storj, the decentralized blockchain-based and encrypted file storage system with its own crypto token, has released a new Storj Share GUI version 5.0 with new interface and protocol updates now that is is out of beta stage. The new updated interface makes it easier to control the storage you share on the platform as well as making it easier to monitor things. After running it for a couple of hours however we are still noticing the main issue that the service faces at the moment – lack of users that want to use it for file storage. Now that Storj is out of beta and is giving away 25GB free storage for the first 12 months there are still not enough users to take advantage from that offer. As a result users with unused free space are not that much encouraged to use the service, because they are not earning much and are unable to utilize their free storage resources.
Something that is planned to happen soon that will hopefully generate more interest and move things further a bit is the upcoming Storj SJCX token sale that was recently announced. Storj has recently announced their plans to move away from the Bitcoin-powered Counterparty platform to the Ethereum platform. There are still a little over 16 days until the start of the crowdsale left, so if you are interested you might want to keep track of that as well.