Aptos and Jump Crypto Launch Shelby, a Web3 Cloud Storage Platform

Summary

Aptos Labs and Jump Crypto launched Shelby, a cloud-based storage network designed for Web3 and decentralized applications, claiming it rivals traditional cloud services. Shelby is a globally distributed platform utilizing Aptos’ high-throughput technology and is compatible with major blockchains like Ethereum and Solana. It targets developers needing fast, remote access for applications such as video streaming, AI, and decentralized physical infrastructure. The platform aims to provide similar performance to leading cloud services while allowing developers to maintain ownership, control pricing, and program business logic at the protocol level. The demand for scalable storage solutions is increasing due to rising data center power needs, particularly for AI workloads. Shelby aims to facilitate AI data marketplaces, enabling faster model training with relevant, live data.

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