The Collaborative Cloud
+ Home Enthusiasts
+ Idle Enterprise Storage
+ Dedicated Datacenters
+ Low Barrier to Entry
Data Archiving +
Personal/Private Data +
Remote Databases +
Enterprise Grade +
Comparable to Amazon S3 +
+ M-of-N erasure coding to protect data
+ High reliability even when nodes are unreliable
+ Unreliable nodes don't get paid
+ All data is padded and encrypted
+ Different keys used for each piece of the file
+ Checksums prevent tampering
+ Transfer file with high parallelism
+ Prioritize nearby hosts to optimize latency
+ JIT buffering to provide a smooth streaming experience
+ Storage as low as $2 / TB / Mo
+ Highly-Redundant Storage for $5 / TB / Mo
+ Real-time access at all price levels
+ Price is set by a free market. Real-time competition between hosts will perpetually drive prices to the lowest profitable volume
+ The wealth of idle storage contributes to low costs
+ Fully Functioning Storage Network
+ Huge Set of Ready-to-Go Suppliers
+ 5 months of beta-testing
+ Entering production as a backup service
Sia
$3 / TB / Mo
10-100 mbps
Free to download data*
Amazon S3
$27 / TB / Mo
10-100 mbps
$50+ / TB
Sia
$1 / TB / Mo
500-5000 mbps
$3 / TB to download
Amazon S3
$15 / TB / Mo
20-200 mbps
$25+ / TB to download
+ % of all storage + bandwidth purchased
+ support contracting
+ auxiliary services
+ Sia is poised to become the primary player in cloud storage
+ $60 billion market by 2020
+ Potential Revenue: $1-10bn annually
+ Raise $375,000 in June, 2014
+ Goals: build a working platform that supports both buying and selling cloud storage
+ Goals: Achieved
David Vorick - Technical
Luke Champine - Technical
Full Time
+ Jordan Horwich - Technical
+ Jinlan Wang - Non-technical
Part Time
Ming Luo +
Aaron Gunderson +
John Drogo +
Manas George +
Blocktive +
SomeoneAndSons +
No hardware costs - hardware is provided through the marketplace, and not by the company directly
18-24 months of runway