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Filecoin

Filecoin

Filecoin is a blockchain based storage and cryptocurrency created by Protocol Labs.

Filecoin is a blockchain and cryptocurrency digital storage platform developed by Protocol Labs and released on July 15, 2014. The File coin platform uses a combination of Proof-of-Storage (PoS) and Proof-of-Replication (PoRep) consensus mechanisms to allow any data form to be stored in physically independent storage.

Filecoin is supported by the Interplanetary File System (IPFS) which is a protocol for distributed file storage and organization. The Filecoin decentralized data storage platform offers a marketplace for users to set their own prices for uploading and hosting data. The platform also allows its users to customize their orders by being able to prioritize speed, redundancy, and cost.

Funding
Initial coin offering (ICO)

On August 10, 2017 Filecoin concluded their initial coin offering (ICO) selling approximately $257 million worth of Filecoin (FIL).

Timeline

January 26, 2022
MetaMask Flask: A Snap for Filecoin Devs
January 26, 2022
LongHashX and Protocol Labs Launch First-Ever Metaverse Demo Day
January 26, 2022
Filecoin Green
August 10, 2017
Initial coin offering

On August 10, 2017 Filecoin concluded their initial coin offering (ICO) selling approximately $257 million worth of Filecoin (FIL).

August 2017
Filecoin raises a $300,000 seed round from RRE Ventures and Twin Capital Asset Management.
July 15, 2014
Launch of Filecoin

Filecoin is a blockchain and cryptocurrency digital storage platform developed by Protocol Labs and released on July 15, 2014.

July 15, 2014
Filecoin was founded by Juan Benet.
July 2014
Filecoin raises a $120,000 seed round from Digital Currency Group, Haitao Capital, Haystack, Kevin Ding, Naval Ravikant, Winklevoss Capital Management and Y Combinator.

Further Resources

Title
Author
Link
Type
Date

Beyond the Bitcoin Bubble

Steven Johnson

Web

January 16, 2018

Filecoin | White Paper Breakdown and Token Sale Analysis

August 5, 2017

Filecoin 2021 & FIL coin explained

Web

June 22, 2021

Filecoin and IPFS Explained

October 17, 2017

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News

Title
Author
Date
Publisher
Description
Tony Zerucha
August 27, 2021
Crowdfund Insider
Click HERE to find out ⭐ Polygon, Filecoin Bridge to Aid Web 3.0 Growth. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
JD Alois
May 17, 2021
Crowdfund Insider
Click HERE to find out ⭐ Wolfram Blockchain Integrates with Filecoin and IPFS in Pursuit of Decentralized Storage. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Eliza Gkritsi
April 13, 2021
TechNode
Crypto mining rig maker Ebang share prices sank after a short report, while competitor Canaan reported declining fourth quarter revenue.
Vicky Ge Huang
April 12, 2021
Business Insider
Wedbush analysts share 5 stocks and an altcoin that are seizing the blockchain opportunities in crypto transactions and decentralized cloud storage.
JD Alois
November 23, 2020
Crowdfund Insider
Click HERE to find out ⭐ Filecoin Reports 1 Billion GB in Storage Capacity. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
SHOW MORE

References

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