IPFS has become the new favorite of the market with its advantages of decentralization, addressability, versioning, point-to-point hypermedia distributed storage, and transmission protocol, opening the era of decentralized cloud storage.

Taking advantage of IPFS to break the traditional cloud storage, MEM has made a global effort to create the golden age of IPFS. MEM Middle East Mining is jointly built by nine consortia including Saudi Sidra Capital, Olayaan, Abu Dhabi sovereign wealth fund, and UAE real estate company Al Ain Properties. It covers an area of 32,000 square meters, has 1,250 technical and service personnel, and has a total investment of 800 million US dollars. It is used to build a MEM&IPFS digital storage service industrial park, and is committed to building a safer, more efficient, more economical and more assured storage environment.

MEM and nine consortiums including Saudi Sidra Capital, Olayaan, Abu Dhabi's sovereign wealth fund and UAE real estate company Al Ain Properties have jointly established the MEM-IPFS storage service industrial park, creating the world's largest information storage service industrial park.

MEM builds a new decentralized storage entity network system to give full play to the commercial value of all scenarios. After the project is completed, MEM will cooperate with the Dubai government to build the world's first blockchain data smart city, serve the public infrastructure and digital business environment of Dubai, and work with the Dubai government to write a new chapter in the IPFS era, and the future prospects are bright.

Gather strength and energy to move forward hand in hand. MEM will create an open community ecosystem, attract more resources and repositers to join the network, reduce storage costs for users, and create a fair Filecoin reward system. Together, MEM will bring together the global IPFS faith to create a fair and healthy investment environment.

MEM has always believed that the mature iteration of a series of advanced technologies of IPFS will unswervingly strive for the blossoming of global distributed storage.

Gain momentum and go far. In the future, MEM will continue to integrate many industry resources, layout the global storage market, carry out global commercial cooperation, create a golden era of IPFS, and write a bright future of IPFS distributed storage.

It is foreseeable that MEM is by no means a "short-lived" for speculative success, but a solid road to the king. MEM will lay a leading glory and join hands with people with lofty ideals around the world to share the new dividends of the distributed storage digital economy era!