Aptos Labs and Jump Crypto have launched a cloud-based storage network built for Web3 and decentralized apps, a system its creators say can compete with traditional cloud services.
Unveiled on Tuesday, the network, called Shelby, built as a global platform on Aptos’ high-speed technology. It’s compatible with Ethereum, Solana, and other major blockchains.
Shelby takes on big cloud with Web3 speed
Aptos and Jump Crypto built Shelby for developers who need fast, cloud-like speed and remote access for demanding tasks like streaming video, artificial intelligence, and decentralized physical infrastructure (DePIN) applications.
Jump Trading Group’s crypto arm, Jump Crypto, focuses on investing in startups and building projects in the blockchain and cryptocurrency space.
Additionally, Shelby is entering a highly competitive cloud market, currently dominated by giants like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud.
Aptos’ engineering lead, Pranav Raval, said that Shelby delivers performance comparable to top cloud platforms while allowing developers to keep ownership, set pricing, and design business logic at the protocol level.
AI workloads get a boost from Shelby
Raval was asked how cloud services support AI workloads, especially given the massive data storage needs and the growing demand for data center infrastructure.
Citing the International Energy Agency, S&P Global recently reported that global power demand from data centers is about to double by 2030. As a result, the data usage surge is driving the need for scalable and efficient storage solutions, placing increased pressure on cloud platforms to keep up.
Reval said that using data creates new worlds and fuels new economies, creativity, and collaboration. Further, he added:
For AI, that means AI agents aren’t just smart, they’re connected to live, contextual data anytime, anywhere. AI data marketplaces hosted on Shelby empower builders to train models faster, using relevant data streamed in as needed.
