StrongBlock, represented by the token symbol STRONG, is a Node-as-a-Service (NaaS) platform designed to simplify the process of creating and managing nodes for various blockchains, such as Ethereum, Polygon, and EOS. It aims to incentivize and facilitate blockchain node operation, making it more accessible for users who may not have extensive technical expertise. The platform also incorporates features like Bring Your Own Node (BYON) and Node Universal Basic Income (NUBI) to offer rewards for node operators and support deflationary measures through token burning.
StrongBlock operates by allowing users to quickly set up and manage blockchain nodes using its platform, without the need for deep technical knowledge. It offers a NaaS model that automates node operation, maintenance, and updates. Users can benefit from daily rewards in STRONG tokens through the Node Universal Basic Income system. Additionally, it supports existing node operators via the Bring Your Own Node feature. The platform is built on Ethereum as an ERC-20 token, and Smart contracts are utilised to manage node operations and reward distribution.
Potential use cases for StrongBlock include simplifying node operation and management for users across various blockchains, bolstering blockchain infrastructure by supporting the operation of blockchain networks, and promoting decentralised governance by using STRONG tokens. The platform provides a source of passive income through its reward system for node operators. Real-world applications extend to building nodes for Ethereum, Polygon, and Sentinel, enhancing the security and decentralisation of DeFi protocols, and utilising NFTs for added benefits within its ecosystem.
The StrongBlock project was founded in 2018 by David Moss, Brian Abramson, and Corey Lederer, all of whom bring substantial experience in enterprise software and blockchain. The Node-as-a-Service platform was launched in 2020. Significant milestones include the introduction of NFTs, a favourable audit of the STRONG token by Hacken, and strategic deflationary measures such as burning 95% of the initial 10 million STRONG token supply. The project has seen strong growth in node creation and has plans for future development, including the transition to StrongChain and swapping STRONG tokens for STRNGR tokens.