Storj is a decentralized cloud storage platform that allows users to store their data securely and privately. It uses blockchain technology to ensure that data is stored in a secure and encrypted manner, with multiple copies stored on different servers to prevent data loss.

However, there have been rumors circulating recently that Storj may be going out of business. These rumors are unfounded and have no basis in reality. Storj is still actively developing its platform and has a strong community of users and supporters.

In fact, Storj has recently released a new version of its platform, which includes improved security features and performance enhancements. The team behind Storj is also working on expanding its network of storage providers and increasing the capacity of its platform.

Overall, it is important to note that Storj is a legitimate and active project that is continuing to develop and grow. It is not going out of business, and users can continue to use its platform with confidence. If you are a Storj user or investor, there is no need to worry about the rumors of its demise. Storj is here to stay and will continue to provide a secure and decentralized cloud storage solution for its users.