AI INFRASTRUCTURE
HUMANITY CAN GOVERN

Verifiable • User-Owned • Constitutionally Governed Cloud

8 YEARS OPERATIONAL PROOF

$28.03M

Capital Governed

94

Active Governors

73.74%

Participation Rate

0

Violations

Current Token Price

$0.039

$470K allocation remaining

Raise Target

$4M

Series Seed

STORE Research, Inc.

$860K raised / $4M Series Seed (22% complete)

ETA Window 2026 Switzerland Launch

Chris McCoy, CEO & Creator | team@storecloud.org

IMPORTANT LEGAL DISCLAIMER

Please read carefully before proceeding

RISK DISCLOSURE & INVESTOR ACKNOWLEDGMENT

This presentation contains forward-looking statements about STORE Research, Inc. and $STORE tokens. It is for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities.

While we believe the information presented is accurate as of the date shown, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information contained herein. We disclaim all liability for any errors, omissions, or inaccuracies in this presentation.

STORE Research, Inc. reserves the right to amend, modify, or update this information at any time without prior notice.

FOR U.S. PARTICIPANTS:

This offering is being made under Regulation D Rule 506(c) and Regulation S globally. U.S. participants must be Accredited Investors as defined under Rule 501 of Regulation D of the Securities Act of 1933.

Verification: Accredited investor status will be verified through third-party verification services or attorney certification before participation is approved.

RISK DISCLOSURE:

  • • Investment in STORE Research, Inc. and $STORE tokens is high-risk and speculative
  • • There is no guarantee of returns or liquidity
  • • You may lose your entire investment
  • • Potential token exchange listings are not guaranteed
  • • Regulatory environments may change and impact operations
  • • Technology risks and market volatility apply

This presentation does not constitute investment, legal, tax, or financial advice. You should consult your own advisors before making any investment decision.

⚠️ ACCREDITED INVESTOR REQUIREMENT:

By proceeding, you confirm that you are an Accredited Investor (if a U.S. person) or otherwise eligible to view this material under applicable securities laws in your jurisdiction.

Please check the box above to acknowledge and proceed

Questions? Contact{' '} team@storecloud.org

THE CLOUD OWNERSHIP CRISIS

Why User Ownership Matters Now

90% of the internet runs on 3 companies' infrastructure

AWS

$90B

Annual revenue (Amazon)

Azure

$70B

Annual revenue (Microsoft)

GCP

$30B

Annual revenue (Google)

The Problem: Every AI breakthrough makes THEIR infrastructure more essential

• Every Web3 app depends on Web2 clouds they don't own

• Every startup is a tenant, never an owner

• Corporate interests determine infrastructure priorities

The Alternative: User-Owned Infrastructure

Infrastructure you can own: Verifiable cloud computing you can purchase, not just rent

Algorithmic governance: Democratic control that strengthens (not weakens) with scale

Proven resilience: 8 years of operational stability through COVID-19, FTX collapse, and crypto crashes

STORE is the only proven democratic cloud with 8 years of constitutional governance at scale

This is not just market competition. It is civilizational infrastructure. We are building the user-owned alternative while it is still architecturally possible.

THE 2,400-YEAR PROBLEM

Why Every Democracy Eventually Failed to Control Economic Power

THE PROBLEM

For 2,400 years, we've known money corrupts politics. Wealthy actors capture democratic systems.

THE SOLUTION

Three mathematical algorithms that make corruption economically irrational.

HOW IT WORKS

Three interlocking algorithms working as one constitutional system

THE ANCIENT BELIEF (Since 400 BCE)

Money corrupts politics. Economic power destroys democracy.

Aristotle (350 BCE)

Oligarchy arises when those who have wealth use it to control government

Politics, Book III

James Madison (1787)

The most common source of factions has been the unequal distribution of property

Federalist No. 10

Modern Era (1900-2025)

Corporate lobbying, regulatory capture, wealth inequality threaten democracy

Contemporary political science

2,400 years of political theory: Economic stake and democratic participation are negatively correlated

The wealthier you are, the less you participate in democratic governance or the more you corrupt it

THE BREAKTHROUGH

THE STORE DISCOVERY (2017-2025)

Under proper constitutional constraints, economic stake STRENGTHENS democracy.

THE EMPIRICAL PROOF (8 Years Operational)

$28.03M

Economic Stake

73.74%

Participation Rate

94

Active Governors

0

Violations

POSITIVE CORRELATION: Higher Economic Stake → Higher Participation

Traditional Theory Predicted

💰↑ 🗳️↓

Wealth ↑ = Participation ↓

VS

STORE Proves

💰↑ 🗳️↑

Wealth ↑ = Participation ↑

73.74% participation is higher than most nation-states (typical: 50-60%)

This shouldn't be possible according to 2,400 years of political theory—but the math proves it works

THE INSIGHT

Hamilton, Washington, and Nash were right all along. When properly constrained mathematically, capitalism and democracy do not destroy each other. They create a Nash Equilibrium where neither can dominate, and both strengthen over time.

We did not just build a governance system. We solved a 2,400-year-old problem.

The next slide shows you the mathematical proof.

WHAT IS CLOUDSPACE?

Verifiable Cloud Computing You Can Own

Cloudspace = Storage + Compute + Bandwidth

STORAGE

  • IPFS-backed decentralized storage
  • Pay once, store forever model
  • Cryptographically verifiable
  • Content-addressed (immutable)
  • Currently operational

COMPUTE

  • vCPU + RAM (launching 2026)
  • GPUs (post-Switzerland)
  • Native performance (not sandboxed)
  • Pay-per-use model
  • AI/ML workload optimized

BANDWIDTH

  • Data transfer globally verified
  • CDN distribution network
  • On-chain verification
  • Pay for what you use
  • Low-latency routing

The 95/5 Architecture: Performance + Verification

95%

Off-Chain Execution

AWS-level performance, no blockchain bottlenecks

5%

On-Chain Verification

Cryptographic proof of execution, governance enforcement

Result

Best of Both

Speed without sacrificing verifiability or democratic control

Core Protocol Ecosystem

STORE Pay, TREASURIES, and CONSENSUS work together under constitutional constraints

STORE Pay

14 currency payment rails

TREASURIES

Up to 4.44% APY yield protocol

CONSENSUS

On-chain governance

ALGORITHMIC DEMOCRACY

Three Algorithms Working as One System

These aren't three separate mechanisms—they're three parts of one proof that capitalism and democracy work together when properly constrained.

Remove any one → System fails. Together → 8 years of proven stability.

THE CLOCKWORK MECHANISM: Three Interlocking Algorithms

ALGORITHM 1

33% Power Limit

PREVENTS TYRANNY

Structural Constraint

ALGORITHM 2

Equal Margin Economics

INCENTIVIZES PARTICIPATION

Behavioral Alignment

ALGORITHM 3

Nash Equilibrium

CREATES STABILITY

Self-Enforcing System

THE INTERCONNECTION

Each algorithm requires and reinforces the others. Without Hamilton's Ratio, large holders would dominate. Without Washington Consensus, participants would not engage. Without Nash Equilibrium, the system would drift toward centralization.

THE 33% POWER LIMIT

(Hamilton's Ratio)

The 33% Constitutional Threshold

In any voting system, controlling more than one-third gives you veto power over decisions requiring supermajority approval. STORE inverts this principle: no entity can exceed 33% of voting power. This ensures that even if the largest stakeholder wanted to block a decision, the remaining two-thirds can override them. It's the mathematical foundation of checks and balances—applied to cloud infrastructure.

H = maxi (Pi / ΣPj) ≤ 0.33

No entity can exceed 33% control

The Formula Explained:

  • H = Maximum power concentration in system
  • $P_i$ = Power held by participant $i$
  • $\Sigma P_j$ = Total power in system
  • $\le 0.33$ = Constitutional limit (33%)

Byzantine Fault Tolerance:

At 33% threshold, system remains democratic even if ⅓ of participants act maliciously or fail. This is the mathematical basis for systems that can't be captured by any single entity.

What This Means in Practice

With 94 governors each holding one vote, the system operates at 1.06% voting power per governor—far below the 33% constitutional threshold. The scaling property is critical: at 3 governors, each would hold 33% (the minimum viable threshold). At 94 governors, each holds just 1.06%. The network becomes MORE democratic as it grows, inverting the traditional centralization curve.

Democratic Scaling in Action

3 governors (minimum viable)

At constitutional threshold, barely democratic

33.3% each

4 governors

Below threshold, truly democratic

25.0% each ✓

94 governors (current STORE)

31× below constitutional threshold

1.06% each ✓

The Inverse Centralization Property: Traditional networks centralize with scale (winner-take-all dynamics). STORE decentralizes with scale. Every new governor dilutes existing voting power, making capture progressively harder. At 1,000 governors, each would hold 0.1% of votes—300× below the constitutional limit.

8 years

Operationally proven

1.06%

Voting power per governor (94 governors)

0

Constitutional violations

+

EQUAL MARGIN ECONOMICS

(Washington Economic Consensus)

Economics strengthens democracy (not corrupts it)

The 1:1:1:1 Ratio: Perfect Alignment

Traditional political economy assumes larger stakeholders extract more value per unit of ownership. STORE's architecture ensures profit margins remain constant regardless of ownership size.

This creates an unusual dynamic: there's no economic advantage to consolidating control. A governor with 10% ownership has the same margin structure as one with 30%. The rational strategy becomes growing the entire network, not one's individual share.

The Discovery Function:

1:1:1:1

Ownership : Revenue : Cost : Margin

Your share of ownership exactly equals your share of revenue, costs, and profit margin

What This Means in Practice

The 1:1:1:1 structure ensures that ownership percentage, revenue share, cost responsibility, and profit distribution remain perfectly aligned. A governor owning 10% receives 10% of revenues, pays 10% of costs, and keeps 10% of profits—with the same margin percentage as a governor owning 1% or 30%. This removes the traditional economic incentive to consolidate ownership. Growing the entire system becomes more profitable than acquiring a larger individual stake.

The 1:1:1:1 Ratio: Equal Margins Across Ownership Levels

Scenario: $1M revenue, $600K costs, $400K profit (40% system margin)

Small Governor (1% ownership)

Revenue: $10,000
Costs: $6,000
Profit: $4,000
Margin: 40%

Medium Governor (10% ownership)

Revenue: $100,000
Costs: $60,000
Profit: $40,000
Margin: 40%

Large Governor (30% ownership)

Revenue: $300,000
Costs: $180,000
Profit: $120,000
Margin: 40%

Result: All three governors have identical 40% margins. The large governor makes 30× more absolute profit than the small governor, but no margin advantage. If the system doubles in value, all governors benefit proportionally. The rational strategy shifts from "acquire more ownership" to "grow the entire system."

8-Year Empirical Evidence:

$28.03M

Economic Stake

73.74%

Participation Rate

Higher participation than most nation-states (typical: 50-60%)

🏛️ Challenges 2,400 years of political theory

Since Ancient Athens: assumption that "money corrupts politics" — our data shows the opposite under proper constitutional constraints

=

NASH EQUILIBRIUM FOR HUMAN-AI SYMBIOSIS

A stable state where no participant (human or AI) can improve their position by unilaterally changing strategy

AI Innovation Accelerates

No artificial limits on capability development or deployment speed

Human Constitutional Control Maintained

Humans collectively retain +⅔ governance control through Hamilton's Ratio

Both Sides Benefit from Cooperation

AI gets resources and deployment; humans get safety guarantees and democratic oversight

This isn't just theory—it's the mathematical foundation STORE has operated on for 8 years.

8-YEAR OPERATIONAL PROOF

Constitutional Democracy at Scale

Core Governance Metrics

Capital Governed

$28.03M

Real economic value under democratic control

Active Governors

94

Across 30+ countries

>Participation Rate

73.74%

Higher than most democracies

Violations

0

Perfect constitutional compliance

Hamilton's Ratio Performance

Constitutional Limit

33%

Actual Maximum Concentration

~10%

Network operates well below constitutional threshold—evidence of genuine decentralization

Stress Tests Survived

COVID-19 Pandemic (2020-2022)

System maintained operations and governance throughout global disruption

FTX Collapse (Nov 2022): Participation INCREASED Under Pressure

When FTX collapsed, governors voted on repricing their own tokens while portfolios cratered. Instead of dropping out, participation increased. The worse things got, the more democratic the system became. That proved the math works with real human psychology under real stress.

Crypto Winter (2022-2023)

Continued development and governance participation during 70%+ market decline

Why This Matters

Not Vaporware

Unlike 99% of web3 projects, STORE has operational infrastructure with real users

Empirically Validated

Constitutional mathematics proven across multiple economic cycles and crisis events

Institutional Grade

8 years of clean audits and zero governance violations demonstrates maturity

Global Resilience

94 governors across 30+ countries provides geographic and regulatory diversification

Most startups pitch potential. We demonstrate proof.

8 years of operational data showing constitutional democracy scales with economic growth

PLATFORM PLAY

Infrastructure for 1000 Token Economies

STORE isn't just cloudspace—it's infrastructure for projects building token economies with democratic governance

We provide the constitutional mathematics, governance tools, and cloud infrastructure that other token projects need

THE PLATFORM FLYWHEEL

STORE Logo

Platform

Token
Economies

Use STORE cloudspace + governance infrastructure

Network
Effects

More demand for infrastructure & services

Proven
Governance

8-year track record attracts serious projects

Stronger
System

Each project strengthens the platform

Classic platform economics: Value increases exponentially as more participants join and build on the infrastructure

TARGET: 1000 TOKEN ECONOMIES

Infrastructure Services

  • Cloudspace: Storage, compute, bandwidth
  • Constitutional Mathematics as a Service: Hamilton's Ratio enforcement
  • 95/5 Architecture: Performance + verification
  • STORE Pay: Multi-currency payment rails (14 currencies)

Governance Services

  • BFT Democracy: Byzantine fault-tolerant voting
  • CONSENSUS Protocol: On-chain decision making
  • TREASURIES: Yield and lockup mechanisms (up to 4.44% APY)
  • Nash Equilibrium Design: Alignment incentives

Early Adopters

AI research DAOs, decentralized compute projects, crypto infrastructure

Mid-Stage Growth

DeFi protocols, tokenized communities, governance experiments

Long-Term Vision

1000+ token economies operating on STORE infrastructure

Platform Economics, Not Single Product

Revenue grows with every project that builds on STORE's constitutional infrastructure

COMPETITIVE MOAT

What Makes STORE Defensible

COMPETITIVE MATRIX

CAPABILITY AWS/GCP/Azure Akash Render STORE
Enterprise Cloud Infrastructure ⚠️ ⚠️
Democratic Governance ⚠️
Multi-Year Operational Proof ⚠️ ⚠️
Constitutional AI Ready
User Ownership Model ⚠️ ⚠️
Cryptographic Verification

✅ = Full capability | ⚠️ = Partial/Limited | ❌ = Not available

TIME MOAT

8 Years Operational

  • 8 years of operational proof (since 2017)
  • 5 years R&D before that (2012-2017)
  • Survived COVID, FTX, crypto winter
  • Competitors starting from zero lack operational reality
  • Can't fake constitutional democracy at scale

TECHNICAL MOAT

95/5 Architecture

  • AWS-level performance (95% off-chain)
  • Blockchain verification (5% on-chain)
  • Competitors choose one or the other
  • STORE delivers both simultaneously

IP MOAT

Fundamental Discoveries

  • Hamilton's Ratio (BFT democracy)
  • Washington Economic Consensus
  • Nash Equilibrium for human-AI symbiosis
  • Two US patents (Rag & Chris)

Strategic Positioning

❌ NOT COMPETING ON:

  • AWS on enterprise IT infrastructure
  • Price wars with hyperscalers
  • Traditional SaaS business models
  • Centralized control advantages

✅ COMPETING ON:

  • Democratic governance + user ownership
  • Constitutional AI infrastructure
  • Verifiable computation (95/5 architecture)
  • Platform economics for token economies

Key Insight: We're not trying to beat AWS at their game. We're building the infrastructure layer they can't: verifiable, user-owned, constitutionally-governed cloud computing for the AI age. Competitors face three compounding moats: 8 years of operational proof (can't be faked), Swiss legal architecture (can't be forked), and 94 governors + $28M governed (can't be bootstrapped).

REVENUE MODEL

Post-Switzerland Launch (2026)

Revenue Flow Architecture

STORE Pay OPERATIONAL (Not "Coming Soon")

Governed, auditable, multi-currency settlement with 63-97 second finality

Payment processing live (Cloud ID) | Permanent storage live | On-chain verification coming next

Scaling with compute launch (ETA Window Q1-Q2 2026)

6 Payment Methods

STORE, USDC, ETH, BTC, wire, ACH

Credit cards Q1 2026

STORE Pay

Governed, auditable settlement

63-97 second finality

Cloudspace Fees

Storage + Compute + Bandwidth

Revenue Streams

  • Permanent Storage: Pay once, store forever (IPFS-backed) ✅ LIVE
  • STORE Pay fees: Multi-currency settlement operational today ✅ LIVE
  • Compute Fees: vCPU, RAM usage (ETA Window Q1-Q2 2026)
  • GPU Compute: AI/ML workloads (post-Switzerland)
  • Bandwidth: CDN and data transfer globally
  • Platform Fees: Infrastructure for token economies

Infrastructure Economics

  • Gross Margin Target: 25% (matching AWS industry standard)
  • Strategy: Use Equal Margin Economics to progressively lower costs toward zero
  • Current Pricing: Competitive with hyperscalers on compute/storage
  • Live Infrastructure: 5 data centers, 26,400 vCPUs, 240 TB memory

How STORE Pay Works

Developers can pay in STORE directly, or use USDC, ETH, BTC, credit/debit cards, or wire transfers. When paying in non-STORE currencies, STORE Pay automatically converts to STORE for settlement. This proves STORE as the protocol's unit of account while maintaining payment flexibility.

Two Governance Systems

First Governance (Current)

  • 94 governors managing $28.03M
  • • 8 years operational stability
  • • 73.74% participation rate

Second Governance (2026)

  • $10K minimum participation
  • • Voting rights + protocol benefits
  • • Institutional-grade participation

Current Status & Next Steps

PROVEN (8 years)

  • Infrastructure operational
  • Governance stable & tested
  • Token utility validated
  • Constitutional math works
  • Storage revenue live

DESIGNED (2026)

  • Compute + GPU launch
  • TREASURIES activation
  • Second Governance (Stortum)
  • Exchange listing preparation
  • STORE Pay live (14 currencies)

POST-LAUNCH METRICS

  • Customer acquisition cost (CAC)
  • Lifetime value (LTV)
  • Revenue growth rate (MoM)
  • Exchange listing timing
  • Platform adoption (token economies)

Revenue model validated by 8 years of operation—now adding compute, governance, and scale

Storage + STORE Pay revenue flowing today. Compute + full platform economics launch 2026.

COMPOUNDING DEMAND MECHANISM

Why Every Developer Creates Ongoing STORE Buy Pressure

Traditional Models: Extract fees, provide no token economics
STORE Model: Every transaction creates STORE purchase pressure

Three-Phase Roadmap

PHASE 1: AUTONOMOUS PAYMENTS ✅ LIVE NOW

Money flows INTO the protocol

STORE Pay - Operational Today

  • ✅ 7 payment methods accepted (STORE, USDC, ETH, BTC, credit/debit cards, wire)
  • ✅ All non-STORE payments automatically settle in STORE tokens
  • ✅ Proves unit of account to Swiss regulators
  • ✅ Processing real transactions across 3 continents
  • ✅ 63-97 second settlements with cryptographic verification

PHASE 2: AUTONOMOUS PAYOUTS + ACCOUNTING

Money flows OUT of the protocol transparently

STORE Send

Compliant, automated token distribution under governance

STORE Account

Real-time financial reporting (GAAP-standard goal)

→ Completes the economic loop with full auditability

PHASE 3: AUTONOMOUS COMPUTING

Self-governing applications with sovereign economies

The Compounding Effect:

  1. Developers build economies using their own tokens (not cash reserves)
  2. Users pay with developer's token for services
  3. STORE Pay automatically: Sells developer token $\rightarrow$ Buys STORE $\rightarrow$ Settles transaction
  4. This happens on EVERY transaction, continuously

The Scaling Effect (Transaction-Driven Demand)

1

developer

Ongoing STORE purchase transactions as their economy grows

10

developers

10x transaction volume creating STORE buy pressure

100

developers

100x transaction volume scaling with each economy

1,000

developers

1,000x transaction volume - each economy creates MORE transactions as they grow

❌ Traditional Models (Linear Growth)

  • Stripe/PayPal: Extract fees, no token economics $\rightarrow$ Zero demand creation
  • BitPay/Coinbase: Convert to fiat $\rightarrow$ Zero sustained demand
  • Uniswap/DEXs: Facilitate trades $\rightarrow$ Demand only from fee buybacks

✅ STORE Model (Compounding Network Effects)

  • Every developer building = continuous STORE buyer
  • Structural demand built into infrastructure itself
  • More developers $\rightarrow$ More economies $\rightarrow$ More transactions $\rightarrow$ More STORE purchases
  • Network effects: Each developer's growth benefits all STORE holders

⚠️ Important Disclosure:

Transaction-driven demand does not guarantee STORE token price appreciation. Developer adoption remains to be proven. Developer token integration capabilities are subject to regulatory approval and applicable securities and tax regulations in each jurisdiction.

This isn't speculation-driven demand. This is transaction-driven demand.

Every application, every AI agent, every self-governing system running on STORE infrastructure automatically creates STORE purchase pressure as they scale.

MARKET OPPORTUNITY

$4.2T TAM by 2030

TOTAL ADDRESSABLE MARKET

MARKET SEGMENT 2025 SIZE 2030 PROJECTION CAGR
Cloud Computing Infrastructure $546B $1.4T 21%
Data Storage & Management $247B $778B 16%
Artificial Intelligence Infrastructure $100B+ $2T 45%
COMBINED TAM $893B $4.2T 25%

Sources: Gartner, IDC, McKinsey market research (2024)

NEAR-TERM (2026-2027)

Crypto infrastructure at regulatory risk

$2T+

Projects need constitutional governance to survive regulatory scrutiny. STORE provides the proven framework.

MID-TERM (2027-2028)

AI researchers demanding ownership

100K+

Researchers want democratic control over AI development. User-owned compute infrastructure becomes essential.

LONG-TERM (2028+)

Platform for token economies

1000+

Token economies need constitutional infrastructure. STORE becomes the standard platform.

Why Now? Market Timing

AI Infrastructure Wave

$100B $\rightarrow$ $2T market growth (45% CAGR). Fastest-growing segment in tech.

Regulatory Pressure

EU AI Act, US executive orders. Democratic governance becomes competitive advantage.

Decentralization Demand

Users rejecting Big Tech control. $2T+ crypto market proves demand for ownership.

5-10 Year Window

After this window, democratic AI infrastructure becomes structurally impossible.

Market Entry Strategy

Phase 1: Beachhead

Crypto/token projects needing constitutional governance (2026-2027)

Phase 2: Expansion

AI researchers + platform for token economies (2027-2028)

Phase 3: Platform

Industry standard for democratic AI infrastructure (2028+)

$4.2T market $\times$ Constitutional governance advantage = Unprecedented opportunity

We're not competing for market share. We're creating a new category: democratic AI infrastructure.

TEAM & FOUNDER COMMITMENT

Long-Term Alignment Through Action

Chris McCoy

CEO & Creator

Chris McCoy - CEO & Creator

  • Systematic researcher: Linus Pauling methodology (orthomolecular approach to problems)
  • 20+ years in tech: Named to Marc Andreessen's "55 Unknown Rockstars of Tech"
  • Long-term thinker: Chose 8 years of validation over 2017 ICO hype ($billions left on table)
  • Constitutional mathematician: Discovered Hamilton's Ratio & Washington Economic Consensus
  • Track record: Built and scaled multiple technology companies before STORE

FOUNDER COMMITMENT

Unprecedented long-term alignment

50-60% of founding entities' tokens locked

for up to 8 years in TREASURIES protocol

This includes McCoy and all founding entities (STORE Association in Switzerland and STORE Research, Inc. in America). Verifiable on-chain.

50-60% COMMITTED TO TREASURIES

Long-term alignment: Founding entities' wealth directly tied to protocol success through TREASURIES commitment at launch.

Rag Bhagavatha - Technical Advisor

  • Founding Chief Technical Architect
  • Career: Scaled infrastructure at Apple iCloud, Cisco WebEx, Zoom
  • 15+ years collaboration with Chris across multiple companies
  • Deep expertise: Distributed systems, cloud infrastructure, cryptographic protocols

Core Team

  • Sohaib Ahsan: Full-Stack Engineer, infrastructure development
  • Matt Sherry: Product Management, protocol design
  • DETOF: Swiss accounting & tax compliance partner
  • MME Swiss Law: Legal counsel for Switzerland launch (70% complete)

Intellectual Property

Two United States Patents

Owned by STORE Research, Inc.

Inventors: Rag Bhagavatha & Chris McCoy

Foundational Discoveries

  • • Hamilton's Ratio (BFT democracy)
  • • Washington Economic Consensus
  • • Nash Equilibrium for human-AI symbiosis

Key Traction Metrics

Funding Progress

$859K

of $4M goal

(21.48%)

Active Governors

94

30+ countries

Participation

73.74%

voting rate

US Patents

2

Rag & Chris

Team = proven technical execution + unprecedented founding entities commitment

50-60% founding entities lock-up isn't just confidence—it's constitutional alignment with long-term success

SWITZERLAND LAUNCH

Legal Entity + Token + Protocol (2026)

Three synchronized launches happening simultaneously:

Legal structure + Token public offering + Full protocol activation

1. LEGAL ENTITY

STORE Association (Swiss Verein)

  • Structure: Swiss Association (Verein) - allows constitutional governance with tax efficiency
  • Purpose: Democratic governance legally recognized under Swiss law
  • FINMA pathway: Pursuing utility token classification (Article 3 MiCA) with decentralization evidence (Article 2(3))
  • Jurisdiction: Switzerland's crypto-friendly regulatory environment + established financial infrastructure
  • Status: 70% complete with MME Swiss Law + DETOF tax advisory

2. TOKEN LAUNCH

Private → Public

  • Issuance: Token issued via Swiss STORE Association
  • Compliance: MiCA (Markets in Crypto-Assets) regulation
  • Classification: Utility token (Article 3) OR Decentralized (Article 2(3))
  • Exchange prep: Due diligence with major exchanges
  • Goal: Publicly tradeable token on regulated exchanges

3. PROTOCOL

Full System Live

  • TREASURIES: Up to 4.44% APY (1-8 year lockups)
  • Second Governance: $10K minimum participation
  • 128 protocols: All systems activated
  • Compute launch: vCPU, RAM, GPU infrastructure
  • STORE Pay: 14 currency support

Switzerland Launch: Timing & Risks

2026

Target launch window

Regulatory approvals pending

70%

Complete

Legal structure with MME Swiss Law

3%

Annual inflation

Predictable monetary policy

Key Risk Disclosures

FINMA Approval Timing: Swiss regulatory approval timeline uncertain; classification as utility token (Article 3 MiCA) or decentralized (Article 2(3)) still being determined

Banking Relationship: Swiss banking partnership pending; required for fiat on/off-ramps and operational accounts

Regulatory Classification: Final token classification may impact launch structure and timeline; preparing dual pathway strategy

Mitigation: 70% legal work complete with MME Law, dual classification strategy prepared, backup jurisdictions identified (Israel, Singapore, UAE)

Regulatory Strategy (MiCA Compliance)

PATH A: Utility Token

  • Classification: Article 3 MiCA (utility token)
  • Evidence: 8 years of operational utility (storage, compute, governance)
  • Advantage: Clear regulatory path, demonstrable use case
  • Requirements: Whitepaper, issuer disclosures, consumer protections

PATH B: Decentralized

  • Classification: Article 2(3) MiCA (decentralized exemption)
  • Evidence: Hamilton's Ratio $\le 33\%$ (no entity controls +⅓)
  • Advantage: Lighter regulatory burden if deemed sufficiently decentralized
  • Requirements: Proof of decentralization, no single point of control

Strategy: Pursue both paths simultaneously. 8 years of operation + Hamilton's Ratio give us strong arguments for either classification.

Post-Launch Milestones

Exchange Listings

Major exchanges (Coinbase, Kraken, Binance) after regulatory approval and sufficient liquidity

Revenue Activation

Compute fees (vCPU, RAM, GPU), bandwidth charges, platform fees from token economies

Governance Scale

Second Governance (Stortum) live, institutional participation at $10K+ levels

Platform Growth

Onboard first 10-50 token economies to STORE infrastructure

Switzerland launch = Constitutional governance meets institutional legitimacy

70% complete. $4M funding closes the gap. 2026 target.

THE ASK

$4M Series Seed for Switzerland Triple Launch

$4M SERIES SEED

Current: $859.21K raised

/

$4M goal

(21.48% complete)

21.48%

$0.039

Current Token Price

$470K

Allocation Remaining

Allocation Note: ~$500K remains at $0.039 before moving to next pricing tier for STORE Association launch

USE OF FUNDS

75%

Protocol Development

  • • TREASURIES (up to 4.44% APY)
  • • Second Governance
  • • Compute infrastructure (vCPU, RAM, GPU)
  • • 95/5 architecture optimization
  • • AI endpoint expansion (500 $\rightarrow$ 1000+)

12.5%

Swiss Legal Entity

  • • STORE Association (Verein)
  • • MiCA compliance
  • • Banking coordination
  • • Complete 30% remaining with MME Law

12.5%

Token Launch

  • • Swiss regulatory compliance
  • • Exchange due diligence
  • • Legal coordination
  • • Market making

storecloud.org/buystore

Minimum $2,500 • $10K+ for voting rights

Contact: Chris McCoy, CEO

team@storecloud.org

KEY RISKS & MITIGATION

What Could Go Wrong & How We're Prepared

RISK 1: Regulatory Rejection

Swiss authorities could reject token classification or impose unfavorable restrictions, delaying or preventing Switzerland launch.

Severity: HIGH

Would require alternative jurisdiction or regulatory pathway

MITIGATION

  • 70% complete with MME Legal (leading Swiss crypto law firm)
  • 8 years operational proof - demonstrable utility, not vaporware
  • STORE Pay live - unit of account proven with real transactions
  • Two classification paths: Utility token (Article 3) OR Decentralized (Article 2(3))
  • Backup jurisdictions: Israel, Singapore, UAE as alternatives if needed
  • DETOF partnership: Tax-compliant financial architecture designed

RISK 2: Developer Adoption

Compounding demand mechanism requires developers to build economies on STORE infrastructure. If adoption is slower than projected, transaction-driven demand may not materialize.

Severity: MEDIUM-HIGH

Would slow revenue growth and token demand

MITIGATION

  • STORE Pay operational - developers can start building today
  • 498 AI endpoints live - infrastructure ready for AI workloads
  • Platform advantages: Constitutional governance + verifiable compute
  • Target market: $2T+ crypto projects need democratic governance for regulatory compliance
  • Early traction: Real transactions processing across 3 continents
  • Ecosystem incentives: 20% token allocation for developer grants

RISK 3: Competition from Big Tech

AWS, Google Cloud, or Microsoft Azure could add democratic governance features, or replicate STORE's constitutional mathematics approach.

Severity: LOW-MEDIUM

Unlikely given centralized business models, but possible

MITIGATION

  • 8-year time moat: Operational proof competitors don't have
  • Legal architecture moat: Swiss Association structure can't be easily replicated
  • IP protection: Two U.S. patents on core mechanisms (Rag & Chris)
  • Not competing on same axis: We offer ownership + democratic control, not just renting compute
  • Structural incompatibility: Big Tech's shareholder model conflicts with constitutional governance
  • Network effects: 94 governors + 8 years of trust = sticky community

RISK 4: Market Timing / Crypto Winter

Crypto market downturn could reduce investor appetite, delay exchange listings, or decrease token liquidity after Switzerland launch.

Severity: MEDIUM

Would impact fundraising and token price, not core operations

MITIGATION

  • Survived previous downturns: COVID-19 (2020), FTX collapse (2022), Crypto Winter (2022-2023)
  • Revenue-generating: Storage fees live, compute fees launching Q1-Q2 2026
  • Real utility: Not dependent on speculation - developers need infrastructure regardless of market
  • Lean operations: 8 years of capital efficiency demonstrated
  • Long-term focus: 60% founder lockup aligns with multi-year vision, not short-term trading
  • Lindy effect: 8 years operational = probability of survival increases with time

Additional Risk Considerations

Technical Risks

  • • Infrastructure scaling challenges
  • • Security vulnerabilities
  • Mitigation: 8 years operational, zero major incidents

Governance Risks

  • • Low participation rates
  • • Governance attacks ($>33\%$ capture)
  • Mitigation: 73.74% participation, Hamilton's Ratio enforced

Execution Risks

  • • Team dependency (key person risk)
  • • Funding shortfalls
  • Mitigation: Experienced team, $860K raised (\$4M goal)

Risk Management = Operational Proof + Conservative Execution

We've survived 8 years of real-world stress tests. Every risk has been encountered and mitigated through operational discipline.

No startup eliminates risk—but 8 years of zero constitutional violations and continuous operation demonstrates risk management capability most competitors lack.

JOIN THE CONSTITUTIONAL REVOLUTION

Be a founding governor of democratic AI infrastructure

$0.039

Current Token Price

$470K allocation remaining

$2,500

Minimum Investment

Token purchase

$10K+

Voting Rights

First Governance

Investment Tiers

Token Investment

  • Minimum: $2,500
  • Current Price: $0.039 per token
  • Allocation: $470K remaining at this price
  • Voting: $10K+ = 1 vote in First Governance
  • Payment: USDC, BTC, ETH, USD Wire

SAFE + Token Warrants

  • Minimum: $25,000
  • SAFE: $25M+ valuation cap
  • Equity: STORE Research, Inc.
  • Tokens: Warrant allocation included
  • Contact: team@storecloud.org

After Token Distribution: TREASURIES Protocol Participation

3.55% - 4.44%

Yield Range (Protocol Participation Mechanism)

$2,500

Min Deposit

33%

Public Allocation Remaining

storecloud.org/buystore

"The future belongs to those who build it."

For 8 years, we've proven constitutional democracy can govern cloud computing and AI. Now we're opening the door for founding participants to be part of that future.

This isn't just participation. It's building the infrastructure humanity needs.

Questions? Contact team@storecloud.org

© 2025 STORE Research, Inc.

APPENDIX: ELI5

Complex concepts in simple language

Q: What is Hamilton's Ratio?

Imagine 100 people voting. Hamilton's Ratio says no single person can have more than 33 votes. This means even the biggest voter can't control decisions alone. The remaining 67+ people can always override them.

Q: What is Washington Consensus?

If you own 10% of STORE, you get 10% of revenue, pay 10% of costs, and keep 10% of profit. Same margin as someone with 1% or 30%. No advantage to getting bigger—so rational strategy is growing the entire system, not your individual share.

Q: What is Byzantine Fault Tolerance?

The system stays democratic even if ⅓ of participants act badly or stop working. It's democracy that can't be broken—resilient against malicious actors, failures, and attacks.

Q: What is the 95/5 Architecture?

95% of computing happens off-chain (fast like AWS). 5% happens on-chain (provably correct and democratically governed). Best of both worlds: speed without sacrificing verifiability.

Q: What is STORE Pay?

Pay with any currency (USDC, BTC, ETH, credit card, wire). System automatically converts to STORE tokens for settlement. Proves STORE is the unit of account while maintaining payment flexibility.

Q: What is Compounding Demand?

Every developer using STORE creates continuous buying pressure through transactions. 1 developer = X transactions creating STORE purchases. 1,000 developers = 1,000X transactions. Demand compounds as the network scales.

Bottom line: STORE uses constitutional mathematics to ensure cloud infrastructure remains democratically governed—even as it scales to billions of dollars.

APPENDIX: MATHEMATICAL PROPERTIES

Technical deep dive for investors

Hamilton's Ratio Properties

  • Monotonic Decentralization: $\partial H / \partial n < 0$ (more governors = lower concentration)
  • Byzantine Threshold: $H \le 1/3$ ensures $2f+1$ honest nodes for $f$ failures
  • Scale Invariance: Works at 3 governors or 3,000 governors
  • Self-Enforcing: No external authority needed to maintain constraint

Washington Consensus Properties

  • Margin Equivalence: $\forall i,j: (R_i - C_i)/R_i = (R_j - C_j)/R_j$
  • Zero Consolidation Incentive: No economies of scale from ownership concentration
  • Participation Alignment: Larger stake = Larger absolute return, same margin
  • Empirical Validation: 73.74% participation over 8 years

Nash Equilibrium Properties

  • Stable Strategy: No unilateral deviation improves position
  • Pareto Efficiency: No participant can improve without harming another
  • Multiple Equilibria: Human control OR AI control OR cooperation
  • Cooperation Dominates: Highest payoff for both humans and AI

System-Level Properties

  • Lindy Effect: 8 years operational $\rightarrow$ increased survival probability
  • Antifragility: Stress tests (COVID, FTX, crypto winter) strengthened system
  • Network Effects: Value $\propto n^2$ (Metcalfe's Law) with constitutional constraints
  • Incentive Compatibility: Rational self-interest = democratic participation

Why This Math Matters

Provable

Not governance theater—mathematically guaranteed constraints

Verifiable

On-chain evidence available to audit constitutional compliance

Scalable

Properties hold from 3 governors to 3,000+ governors

For technical review: Full mathematical proofs available upon request. Academic peer review planned post-Switzerland launch.