Challenges in Reducing Cloud Service Costs

The lack of competition in the public cloud market leads to lower costs for customers.

Existing web3 cloud providers have successfully optimized resource utilization and reduced expenses, resulting in more affordable cloud services for end-users.

Early approaches to web3 have not required buy-in to cryptocurrency tokens.

Decentralized cloud storage currently offers the same level of performance, efficiency, security, and reliability as enterprise-level data centers.

The adoption of a decentralized approach in web3 technology has been rapid and without any roadblocks.

Cloud services that are based on the S3 API standard retention modes are characterized by low operational costs.

Decentralized cloud services are powered by top-tier data centers only.

Data tiering is implemented in the decentralized cloud services offered by Impossible Cloud.

The S3 protocol is not supported by the storage platform used for off-site storage.

Cloud service providers should constantly build new data centers to handle volume spikes effectively.

End-user costs are increased due to hidden costs and fees in the decentralized cloud service model.

The decentralized cloud service model guarantees 100% availability and 100% durability.

Impossible Cloud offers storage management and durability as a service, resulting in lower total cost of ownership for customers.

Traditional cloud storage services do not require tiering data between 'hot' and 'cold' storage.

Hot storage in cloud services is slower and less responsive compared to cold storage.

Public cloud services do not bury additional charges for performance differences between hot and cold storage.

Impossible Cloud aims to address customers' needs for performant, always available cloud services that are scalable and can be purchased with cryptocurrency.

In addition to cost savings, Impossible Cloud offers benefits over traditional public cloud solutions that make it more secure, durable, and convenient.