Question 1

What is Crust Network (CRU)?

Accepted Answer

Crust Network is a decentralized storage network that provides cloud solutions for both the Web 3.0 and Web 2.0 ecosystems. It is built on Polkadot's Substrate framework and offers a unique incentive layer for the IPFS protocol, utilizing blockchain technology to enhance the security, privacy, performance, and ownership of data. The mainnet of Crust Network launched on September 1, 2021, and it currently boasts a storage capacity of around 1,200 PetaBytes, supported by more than 4,000 individual nodes. Crust Network has already integrated with several blockchains and provides a fully decentralized storage layer for Ethereum, BSC, Polygon, Solana, Near, Elrond, Heco, and others.

Question 2

What is Crust Network (CRU) used for?

Accepted Answer

Crust Network's use cases span a wide range of applications, including:

Technical infrastructure for the Metaverse.
Minting, storing, and exchanging NFTs in a fully decentralized manner.
Hosting websites, dApps, video streaming, etc.
Supporting Web 3.0 gaming and decentralized social media.
Offering personal cloud storage for data access from anywhere.
Providing file sharing and streaming services.
The CRU token, which is the utility token within the Crust ecosystem, is used for several purposes, including staking to maintain GPoS consensus, acting as collateral for storage providers, covering transaction fees, purchasing storage or other cloud services, and participating in on-chain governance mechanisms.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	CRU-USDT CRU_USDT	gateio	A	0.008771USDT	-2.99%	794,544.00CRU	159	0.009041USDT	0.009053USDT
2	CRU-USDT CRUUSDT	latoken	D	0.009463USDT	0.00%	0CRU	0	0.009463USDT	0.009463USDT