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Protocol Labs

Protocol Labs

Protocol Labs is an open-source R&D lab.

Established in 2014 and founded by Juan Benet, Protocol Labs is a research, development, and deployment lab for network protocols. The company launched Filecoin, which powers a Blockchain based peer-to-peer storage network on top of its IPFS. Protocol Labs also collaborated with AngelList to produce CoinList.

Products

The open-source R&D laboratory's projects include IPFS, Filecoin, libp2p, and others. IPFS makes the web work peer-to-peer. It is a protocol for storing, addressing, and transferring data, created to replace HTTP in different contexts. IPFS utilizes content-addressing to identify and link to information. It is a protocol of Web3, crypto, and the decentralized web movements. IPFS serves end users and developers, powering the websites and applications of startups, enterprises, and blockchains.

On the other hand, Filecoin is a decentralized storage network, created to store information. It is a cryptocurrency incentivized decentralized market, where storage providers receive filecoin tokens for renting out storage space. It has been described as airbnb for cloud storage. Protocol Labs' systems are based on protocols like Git, DHTs, BitTorrent, Bitcoin, and SFS. The company is focused on providing a data-locality aware, network stack for distributed applications, and a model for ambient storage.

Timeline

August 10, 2017
Protocol Labs raises a $7,800,000 initial Coin Offering.
March 24, 2016
Protocol Labs raises a $3,000,000 venture round.
August 19, 2014
Protocol Labs raises a $120,000 seed round.

Funding Rounds

Products

Invested in

Patents

Funding Rounds Participated In

Further Resources

Title
Author
Link
Type
Date

Help & FAQs - What is CoinList? - CoinList

Web

Introducing Filecoin, a decentralized storage network

Protocol...

Brad Burnham

Web

May 18, 2017

What is Filecoin? | Beginner's Guide to the Largest-Ever ICO - CoinCentral

Web

News

Title
Author
Date
Publisher
Description
Ingrid Lunden
July 27, 2021
TechCrunch
After Element acquired Gitter last year to bring in more users and features into its own decentralized, Matrix-based messaging app, the startup is announcing some funding to invest in its growth. Element has picked up $30 million in a Series B round of funding. Some of the funding will be used to expand its technology [...]

References

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