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Freak Cloud (FREAKC)

A first-ever decentralized data storage dapp on zkSync with no separate chains or cross-chain solutions needed.

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User Rating
Medium
3/5 1 votes
Ticker
FREAKC
Registration year2023

What is Freak Cloud

Freak Cloud is the decentralized data storage dApp built on the zkEVM of zkSync without the need for a separate blockchain to function. Users and dapps on zkSync can store data on Freak Cloud, avoiding additional fees from cross-chain solutions and enhancing security.

Freak Cloud facilitates secure data transfers and storage through its nodes, utilizing an on-chain protocol on zkSync with efficient Merkle-tree storage proofs for minimal computational cost and power for data integrity.

Individuals can join Freak Cloud as either users seeking data storage or as storage providers aiming to earn rewards. Users upload their data to Freak Cloud, where it is encrypted and stored in a decentralized manner by data providers. The storage price is genuinely determined by user demand and storage provider supply, and anyone can become a storage provider, preserving the platform's decentralized nature.

Freak Cloud integrates an order book of storage prices, where users and storage providers can place spot or market orders for storage pricing, conveniently matching user and storage provider demands.

The incentivization model of Freak Cloud ensures trustless and sustainable data storage, eliminates frauds, tackles infamous data withholding problems and ensures data availability at any time.

Built on the zkSync platform, combined with Merkle-tree storage proofs, Freak Cloud can achieve high scalability with hyper gas fee minimization.

Freak Cloud Roadmap

1
Q3 2023
  • Finalize MVP of Freak Cloud
    • Implement Merkle storage proof
    • Implement settlement Contract on zkSync
    • Implement Client, integrate with IPFS client
    • Full data encryption
    • Simple UI for client
  • Release basic documentation and tutorial
  • Open Seedround
2
Q4 2023
  • Finalize Freak Cloud for production
    • Optimize contract, p2p data transfer, and data storage efficiency
    • Release on-chain order book for storage price
    • Implement Erasure Coding for Freak Cloud/New storage mode
    • Finalize full interface for Freak Cloud app
  • Release full documentation, API, and tutorial
  • Release incentive program for testnet users
  • Release beta on testnet
  • Audit code
3
Q1 2024
  • Release Freak Cloud mainnet
  • Launch $FREAKC token
  • Create specification and UI for decentralized hosting NFTs
4
Q3 2024
  • Launch Freak DAO
  • Host hackathon to attract builders for building with Freak Cloud
  • Integrate with other data tools
  • Integrate with potential lending and Yielding platforms
5
Q1 2025
  • Enable web hosting on Freak Cloud
  • Integrate with other chains
  • Convert web2 data storage products to Freak Cloud
6
Q3 2025 and beyond
  • Develop Freak Cloud client for mobile
  • Explore Verkel trees and other potential storage proofs
  • Continued development to be updated in the next Roadmap

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