Please describe your proposed solution.
Permanentum is a DeFi protocol that enables users and developers to ensure their IPFS CIDs remain retrievable indefinitely.
But decentralized solutions are only as valuable as their resiliency and decentralization is. Permanentum currently depends on Filecoin for long term storage. In risk terms this would be a Single Point of Failure. By adding Iagon we remove this problem as users and developers will be able to ensure their Storage Bonds remain usable by forcing the Bond to utilize more than one storage backend.
Permanentum is intended to address developers as well as individual holders of IPFS data. By offering a meaningful abstraction for storage that is feature complete and has no edge cases to manually consider, developers won't have to think about the retrievability problem any more. Just talk with the Permanentum smart contract and your retrievability concerns vanish.
Permanentum integrating Iagon also sends the world a very clear message, Cardano is growing and we produce mature solutions that are dependable even for advanced use cases.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
Currently developers have to manually code most of their retrievability solutions and usually end up using a centralized pinning service.
IPFS is the de facto standard in the web3 world when it comes to storing chunks of data (image, video or other). Permanentum fixes all the problems the usage of IPFS brings with it and gives dApp developers the tools to avoid months of storage work by just integrating Permanentum in a day or two.
We are already seeing interest from various dApps, nmkr and people working on hydra applications. And we haven't really started outreach yet.
How do you intend to measure the success of your project?
There are varying things we can measure.
We think a great KPI would be GBs secured by Iagon (How many GBs of the Permanentum Storage Bond data are being backed by Iagon offers).
Overall the success indicators of Permanentum will be led by integrations in dApps. We already are talking with devs about integrations in tools like nmkr studio, paima, etc.
Success itself for Permanentum is measured in GBs secured (the volume of data being covered by storage bonds) and GBs retrieved (how much data would have been lost and was reinstated by pulling from the permanentum backups into IPFS again)
Please describe your plans to share the outputs and results of your project?
Permanentum is completely open source and developed in the open. We publish all our announcements, insights, etc on the permanentum blog.