The only password vault that survives the company that built it. Passwords are split into cryptographic shards, distributed across an independent operator network, and pinned by an encrypted on-chain map. Even ShardKeep can't read user data.
The Problem
Centralized password managers (LastPass, 1Password, Okta) are single points of failure. 81% of breaches involve credentials (Verizon DBIR 2025). LastPass's 2022 vault theft is still being cracked. The category needs an answer that isn't "trust us harder."
The Solution — How It Works
1. Shamir Split. Each secret broken into 5–12 shards. Threshold (3-of-5 to 7-of-12) required to reconstruct.
2. Distributed Storage. Wardens, Bastions, Sentries hold opaque blobs — no user metadata.
3. On-Chain Map. Shard locations encrypted client-side, minted as a Solana cNFT.
Traction (DevNet, April 2026)
Revenue Model — Six Streams
| Stream | Pricing | Y5 Projection |
|---|
| Consumer subscriptions (Knight–Queen) | $1.50–$25/mo | $15.6M/yr |
| Auth-as-a-Service | $0.003–$0.01/auth | $36M/yr |
| Vault API (developer) | $29–$99/mo | $6M/yr |
| White-label vault | $500/mo + $0.50/user | $1.2M/yr |
| Compliance reports (enterprise) | $1,500/yr | $150K/yr |
| On-chain protocol fees | 50% margin | scales w/ usage |
| Total Year-5 Revenue (projected) | $92.85M/yr |
Tokenomics — SHRD
1B hard cap · Token-2022 · Solana
Allocations: 42% node rewards · 14% staking · 12% treasury · 5% airdrops · 4% founder (1y cliff, 4y vest) · 4% dev/audit · 3% insurance pool
Emission curve (spring model):
Y1–4: 8%/yr · Y5–8: 4%/yr · Y9–12: 2%/yr · Y13+: 1% perpetual
Never reaches zero — always pays the network securing it.
Network Economics — Operators Earn From Proven Work
| Node | Bond | Y1 Earnings | Emission Share | Role |
|---|
| Warden | $500 SHRD | ~$86/mo | 30% | Coordination, challenge issuance |
| Bastion | $100 SHRD | ~$18/mo | 25% | Shard storage & serving |
| Sentry | $10 SHRD | ~$1/mo | 15% | Browser-based verification |
Moat
- Architectural: on-chain shard maps, bond escrow, Merkle reward roots — incumbents would have to abandon their model.
- Survivability: ~85% of protocol functions work without ShardKeep the company. Users trust the program.
- Network effects: users → shards → operators → redundancy → users. B2B Auth-as-a-Service compounds the loop.
"Your bond is in a smart contract. Your rewards are in a Merkle tree. Trust math, not a company."
The Ask
Marketing partner — security press, crypto-native channels, B2B auth buyers.
Distribution — Solana ecosystem, wallet partnerships (Phantom, Backpack), devrel.
Capital — $50K MainNet security audit · insurance pool seed · liquidity bootstrap.