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Filecoin Foundation
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Supports decentralized storage network development
Filecoin Foundation
Work Here?
Supports decentralized storage network development
About Filecoin Foundation
Industries
Data & Analytics
Crypto & Web3
Company Size
51-200
Company Stage
N/A
Total Funding
$7M
Headquarters
San Francisco, California
Founded
2017
Overview
The Filecoin Foundation focuses on developing the Filecoin ecosystem, which is a decentralized storage network aimed at preserving important information for humanity. It supports various stakeholders, including developers and enthusiasts, by providing funding, resources, and opportunities for community engagement. The foundation incentivizes the storage of valuable data through programs like Filecoin Plus, which rewards participants for contributing useful storage to the network. Unlike many competitors, the Filecoin Foundation emphasizes community involvement and the growth of a decentralized web. Its goal is to decentralize information control, making it accessible to everyone and empowering individuals and organizations to participate in a more efficient web.
Simplify's Take
What believers are saying
- Partnership with Aethir enhances Filecoin's role in AI and machine learning sectors.
- Collaboration with The Defiant showcases Filecoin's potential in media content preservation.
- Successful IPFS space demonstration opens new markets for space communications.
What critics are saying
- SEC's classification of FIL as a security may lead to regulatory challenges.
- FIL token's price decline could impact investor confidence and financial stability.
- Technical challenges in space communication projects may delay Filecoin's success.
What makes Filecoin Foundation unique
- Filecoin Foundation supports decentralized storage, enhancing data security and accessibility.
- The foundation's Filecoin Plus program incentivizes valuable data storage with additional rewards.
- Filecoin's IPFS technology enables efficient data transmission, even in space environments.
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Funding
Total Funding
$7M
Above
Industry Average
Funded Over
0 Rounds
Company News
In a world where web content disappears at an alarming rate, Filecoin Foundation is working with The Defiant to safeguard its reporting by preserving its entire archives - - including thousands of articles - - and future content on Filecoin, the world's largest decentralized storage network.
Digital lender FV Bank is expanding its stablecoin capabilities via a partnership with PayPal. The bank announced Thursday (Jan. 9) that it was integrating PayPal’s stablecoin PayPal USD (PYUSD) for direct deposits and outbound payments. This feature, which is now live for account holders, allows for the direct receipt of PYUSD into customers’ USD accounts, with automatic real-time conversion to USD. USD is the stablecoin from cryptocurrency exchange Circle, which launched a partnership with FV Bank in 2022
The 119th U.S. Congressional session has begun, and the digital asset sector is hoping there will soon be favorable and clear regulatory guardrails for cryptocurrency markets and stablecoins. During his campaign, President-elect Donald Trump pledged to transform the United States into the “crypto capital of the planet,” and, per the nonprofit industry group Stand With Crypto, the 2024 elections saw 250 “pro-crypto” members of Congress elected along with 16 “pro-crypto” senators. While the stage appears to be set for a sea of regulatory change, with crypto proponents set to head the Securities and Exchange Commission, Department of Commerce and more, one fundamental gap remains: actual policy being drafted, sponsored and referred to the relevant House or Senate committee
In a world where decentralized technologies enable new avenues for preserving cultural heritage and identity, Filecoin Foundation for the Decentralized Web (FFDW) is proud to announce a collaboration with Rohingya Project.
Meanwhile, Filecoin partnered with Aethir to offer decentralized infrastructure solutions for businesses in AI, machine learning, and Web3.
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About Filecoin Foundation
Industries
Data & Analytics
Crypto & Web3
Company Size
51-200
Company Stage
N/A
Total Funding
$7M
Headquarters
San Francisco, California
Founded
2017
There are no jobs for Filecoin Foundation right now.
Find jobs on Simplify and start your career today