This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Hello.app, a decentralized storage system, has been launched by teenage entrepreneurs Álvaro Pintado Santaularia and Alexander Baikalov. The project recently secured €300,000 in funding and aims to address the shortcomings of conventional Web2 storage solutions. Hello.app differentiates itself from centralized storage systems by utilizing blockchain technology to provide enhanced security, data privacy, and user control. Users are granted 100GB of free storage upon joining the platform, and they can also serve as node operators and earn rewards. The founders strategically invested in the hello.app domain to foster mainstream adoption. The platform aims to redefine the storage and Web3 sectors by offering a more user-centric and transparent framework.