Deploy smart contracts on Filecoin’s Virtual Machine →

Filecoin News 74


10M FIL deposited in just 6 months since FVM mainnet launch! 

The amount of FIL pledged via apps built on the Filecoin Virtual Machine just passed 10M in the last week! This milestone was surpassed 6 months after the launch of FVM. Check out these amazing stats: 

  • ~2,600 distinct token holders have deposited ~4M in Glif, ~2M in stFIL, ~2M in HashKing, and ~2M across 6 other protocols
  • 353 Storage Provider Systems have engaged in leasing or borrowing FIL from one of the nine staking apps
  • The TVL of Filecoin via FVM, according to DeFi Llama, has surpassed $80M USD

Filecoin leasing and staking apps connect token holders with storage providers (SPs), so that SPs can access FIL for pledge collateral. SPs then use this pledge collateral to onboard humanity’s most important information. The launch of these smart contract-based solutions built on FVM has enabled individuals to participate in the Filecoin ecosystem in unprecedented ways.

As leasing and staking of Filecoin continues to grow, it will help make onboarding data faster and more efficient by providing SPs with more access to FIL for pledge collateral. For more information, check out the Starboard DeFi Leaderboard to quantitatively evaluate protocols and Filecoin TLDR for information on how to evaluate FIL leasing and staking options.

An eventful FIL Dev Summit Singapore & a look ahead at FIL Dev Summit Iceland

Last week, 111 engaged community members gathered at FIL Dev Summit in Singapore! This three-day event focused on driving ecosystem progress, with a robust emphasis on collaborative synergy, a well-defined strategic outlook, and boundless opportunity for innovation. The event featured eight tracks and over 60 speakers who discussed a range of topics from decentralized governance, boosting SP business success, unlocking the potential of FVM, and more. Couldn’t make it to Singapore but would like to get involved? Try to meet us at the next FIL Dev Summit which will be in Iceland on September 25-27th! Tracks will feature topics like FVM & Runtimes, Reimagining Filecoin’s Future, scale/compute, and many more. Apply now to attend or to showcase your project and ideas at the EXPO. We hope to see you in Iceland!


Filecoin’s Growth Trajectory: The Role of Fil+ and Compliance

Check out this recent blog post discussing the significance of Filecoin Plus (Fil+), an optional layer within the Filecoin network, and its role in ensuring compliance and integrity as the network grows. Fil+ incentivizes storage providers and data clients to distribute and store data in a decentralized manner to prevent centralization risks. The post details the importance of compliance mechanisms in decentralized networks and introduces automation tools like the CID Checker bot and retrieval bot to enhance compliance monitoring. Additionally, it highlights Fil+’s role in promoting sustainable growth for Filecoin by preserving data integrity and concludes by emphasizing its crucial role in ensuring a reliable and efficient decentralized storage solution. Read it for yourself. 

Filecoin Foundation supports Food for Crisis

With support from Filecoin Foundation, the UN World Food Programme Innovation accelerator and Global Blockchain Business Council (GBBC) announced a joint initiative, Food for Crisis, to raise, track, and trace donor funds, using Web3 technologies. By leveraging the power of blockchain technology to improve the delivery of humanitarian support, Food for Crisis will support a more sustainable future through innovation. This initiative is also supported by Accenture, Bayer, Fleming Petenko Law LLC, Netlight, Oliver Wyman, and Steptoe & Johnson LLP. Read more.

EthGlobal New York

From September 22nd to 24th, join the Filecoin and IPFS communities at the ETHGlobal New York Hackathon. At the event you’ll have the opportunity to tap into the knowledge of industry experts, elevate your skills, plus connect and create with builders from all corners of the world. Hackathon participants will also compete to win from a pool of over $500,000 in prizes! Plus, don’t miss out on the Filecoin and IPFS Booth for exclusive insights. Join us and be part of this innovative journey.


Introducing the Filecoin REST API - join the Beta program

The DeStor Filecoin REST API is a free, open-source tool offering a straightforward solution for storing and retrieving data on Filecoin. Ideal for Independent Software Vendors, Managed Storage Service Providers, and large enterprises with vast data storage needs. Dive into the next generation of data storage - join the beta program now!

Views and Research on Filecoin by Filecoin TL;DR

Looking for the latest research, insights, news articles, and reports on Filecoin? Look no further! The Filecoin TL;DR team recently launched a new page that compiles the latest content, insights, and opinions on all-things Filecoin from reputed sources in the industry. Check it out for yourself.  


Filecoin and IPFS Ecosystem Roundup 

Check out the Filecoin and IPFS Ecosystem Roundup - in this revamped monthly public video we give builders and community members a platform to share how they’re making web3 work better for all of us. It’s also an excellent opportunity to understand more deeply the decentralized storage landscape and the revolutionary technology behind Web3. Watch the August Roundup out now for the latest updates, developments, and insights straight from the community, keeping you informed about the progress and evolution of the network.

FIL Vegas, October 3-5

FIL Vegas brings together the top minds in decentralized storage for three days of workshops, presentations, and networking. Don’t miss this global community event featuring DeStor Workshops alongside ESPA’s Cohort 8 Accelerator Program Kickoff. Whether you’re just starting out your decentralized storage journey or growing your business, FIL Vegas is the place to join in on hands-on education and community building with the entire Filecoin ecosystem. 

Attend the DeStor Global SP Summit at FIL Vegas

The DeStor Global Storage Provider Summit is the largest Filecoin SP event of the year running alongside FIL Vegas. Join us on October 3-5 in Las Vegas to grow your SP business and increase profitability. Participate in workshops, networking activities, educational sessions and more. Register now.

LabWeek23 in Istanbul

Lab Week is back! Last year, more than 1,500 builders gathered in Lisbon, Portugal, for the first-ever decentralized conference organized by the Protocol Labs Network. Focused on shaping the future of the internet, LabWeek23 will bring the community together again November 13-17, 2023 in Istanbul, Turkey, alongside Devconnect. Get ready for a packed program that will cover ZK proofs, decentralized storage, AI and blockchain, compute over data, decentralized identity, cryptoeconomics, DeSci, and much more. We look forward to seeing you in Istanbul!

Filecoin is an open-source cloud storage marketplace, protocol, and incentive layer.