GXChain allows users to take greater control of their personal data and creates a blockchain-based marketplace of data. Unlike centralized data centers, the GXS marketplace provides more privacy through encryption and allows users to profits from access to their data. GXChain's platform allows users to generate a unique digital identity and manage their personal data through the Inter Planetary File System (IPFS). Users can then monetize this data according to their preferences and well defined smart contracts. The network features an innovative hybrid consensus mechanism that combines Delegated Proof of Stake (DPoS) and Proof of Credit Share (PoCS).

The Storeum token is a digital currency that is designed to act as the medium of exchange for Storeum's decentralized marketplace. The project's marketing materials are unclear and the team behind it is not known. The STO token increased rapidly in price and market cap, shortly after its release in 2019.