Aptos Labs & Jump Crypto Ignite DeFi With Game-Changing Decentralized Hot Storage Network
Web3's custody landscape just got hotter—literally. Aptos Labs and Jump Crypto have flipped the script on digital asset storage with a decentralized hot wallet network that promises to melt institutional resistance.
Cold wallets? So 2024. This new architecture lets traders move assets at lightning speed without sacrificing security—because even crypto bros deserve peace of mind between moon missions.
The irony? Wall Street spent $2.3B last year shilling 'secure' custody solutions that still can't match blockchain's native transparency. Maybe next they'll reinvent the wheel—but with 2FA.
web3’s value creation engine
Shelby will power real-time web3 applications, with notable use cases including streaming, artificial intelligence inference, composable in-game assets, social dynamic NFTs, and decentralized physical infrastructure networks.
“There is a large opportunity to unbundle large parts of the AWS bundle,” said Kyle Samani, managing partner at Multicoin Capital. “Ambitious swing here,” he added on X.
Early contributors and collaborators include Metaplex, an NFT platform on solana (SOL), Pipe Network, a decentralized content delivery network on Solana, and Story, the world’s IP blockchain. Others include Myco, DoubleZero, and Flashback Labs, across streaming, infra, and AI respectively.
David Rhodus, founder of Permissionless Labs, a Core contributor to the Pipe Network, also commented on the upcoming launch.
“We’re proud to be among the first builders on Shelby because its global high performance storage network makes more data available for the Pipe Network to serve at high throughput. Our Point of Presence nodes will ensure a smoother user experience because our DePIN enabled footprint provides large coverage of last mile endpoints in the areas where Shelby doesn’t have connectivity.”
Aptos will be Shelby’s early settlement layer, allowing for sub-second finality and high-throughput coordination, with real-time data access across any chain.