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Crust Shadow CSM Price

$0.003449

-1.2%

$0.003409

24h Range

$0.003628

Market Cap

$344,890.5

Fully Diluted Valuation

$689,781.0

24 Hour Trading Vol

$2,598.3

Circulating Supply

100,000,000.0

Total Supply

200,000,000.0

Max Supply

200,000,000.0

Info

CSM Price Statistics

Crust Shadow Price

$0.003449

24h Range

$0.003409 - $0.003628

Percent Change 1h

-0.23%

Percent Change 24h

-1.2%

Percent Change 7d

8.41%

All-time high

$0

All-time low

$0

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About Crust Shadow

What is Crust Shadow (CSM)?

Crust Shadow (CSM) is a decentralized storage network built on the Crust Network, enabling users to store and retrieve data securely and privately. It leverages blockchain technology to create a decentralized ecosystem for file storage, allowing users to rent out excess storage space and earn rewards in CSM tokens. The platform aims to provide resilience against data loss and censorship, making it an attractive solution for both individuals and businesses looking for reliable storage options.

Who are the Founders of Crust Shadow?

The Crust Shadow project was co-founded by a team of blockchain enthusiasts, including key figures such as Jiang Wei, Pang Zhihao, and Wang Yifan. Each founder brings a wealth of experience in blockchain development, decentralized applications, and cloud storage solutions. Their collective vision is to enhance data security and accessibility through decentralized architectures, making Crust Shadow a pioneering project in the blockchain storage domain.

How does Crust Shadow Work?

Crust Shadow operates on a multi-layer architecture that integrates decentralized storage with blockchain technology. Here's a breakdown of its functionality:

  • Decentralized Storage: Users can share their unused storage space on the network, which is then aggregated to form a robust storage solution.
  • Token Economy: Users earn CSM tokens by providing storage, while they spend tokens to access or retrieve data, creating a sustainable economic model.
  • Data Encryption: Files stored on Crust Shadow are encrypted before distribution, ensuring that only authorized users can access them.
  • Smart Contracts: Automated smart contracts govern the transactions, ensuring transparency and security in the storage process.

Top Use Cases of Crust Shadow

Crust Shadow caters to a variety of use cases that highlight its versatility:

  • Personal Cloud Storage: Individuals can use Crust Shadow to store personal files securely while retaining full control over their data.
  • Decentralized Applications (dApps): Developers can integrate Crust Shadow for backend storage solutions in their dApps, ensuring reliability and scalability.
  • Data Backup and Recovery: Businesses can utilize Crust Shadow for cost-effective data backup solutions, leveraging decentralized storage to mitigate risks of data loss.
  • Content Distribution: Creators and artists can distribute large files and media content globally without relying on centralized services, thus reducing costs.

How to Keep your Crust Shadow Safe?

To ensure the safety of your Crust Shadow assets and data, consider the following best practices:

  • Secure Wallets: Utilize hardware wallets or reputable software wallets to store your CSM tokens securely.
  • Two-Factor Authentication (2FA): Enable 2FA on your accounts linked to Crust Shadow to add an extra layer of protection.
  • Regular Software Updates: Keep your devices and applications updated to protect against vulnerabilities.
  • Backup Data: Regularly back up your stored data and keep copies in different secure locations.
  • Be Cautious with Links: Avoid clicking on suspicious links or sharing your private keys and passwords.

How to Invest in Crust Shadow (CSM)?

Investing in Crust Shadow (CSM) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Crust Shadow: Once your account is funded, you can purchase Crust Shadow directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Crust Shadow (CSM) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Crust Shadow using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Crust Shadow (CSM) in the Long Term?

Crust Shadow (CSM) is currently trading at $0.003449 and exhibits good potential for future growth. Check the latest Crust Shadow (CSM) price prediction.

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