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Filecoin News 82

✨ Highlights ✨

🏔️ Announcing FIL Dev Summit Denver!

Join the Filecoin community for the latest installment of the FIL Dev Summit happening in Denver! The event welcomes developers, designers, and regeneratives to explore the future of decentralized storage with Filecoin. Highlights include deep discussions on decentralized storage technologies, workshops on FIL+ allocator tooling, insights into data retrieval improvements, and networking opportunities. It’s a pivotal event for those passionate about decentralized technology and Filecoin’s role in it. For more details and to register, visit - see you there!

📁 Filecoin’s 2023 Journey: From Decentralized Storage to a Programmable Web3 Platform

In 2023, Filecoin underwent a transformative journey, evolving beyond a decentralized storage network to a programmable platform for enable open data services. This year saw remarkable community growth and technological advancements, with events like FILJakarta, the FIL Dev Summits, and initiatives like Filecoin Orbit and the TL;DR platform playing key roles in community engagement. As we look towards 2024, Filecoin is set to further revolutionize the decentralized web with new applications, compute L2s, and a focus on becoming the fundamental storage layer for web3. Integrating with various blockchain ecosystems and enhancing data retrieval, Filecoin is poised to continue its growth, reinforcing its pivotal role in shaping a more open and interconnected digital world. Looking forward to building this bright future alongside you all! To dive deeper into everything mentioned above, check out Part 2 of the 2023 Recap blog post

🤝 Community Updates 🤝

💰 $500k USD in accelerator seed funding up for grabs at the Data Economy Hackathon

Introducing the Data Economy Hackathon! This hackathon is looking for the brightest minds to push the boundaries of what’s possible in web3. Imagined by PL Architect in collaboration with Filecoin and InterPlanetary Consensus (IPC), we are rallying developers from Asia and across the globe to explore and build on the Protocol Labs Ecosystem tech stack. With a focus on Filecoin and IPC, here’s what the judges are looking for:

  • Harness Data Value: Tap into decentralized networks to maximize data utility.
  • Innovate for Scalability: Develop with IPC for cutting-edge scalability.
  • Create with Filecoin: Bring to life dApps that enhance the Filecoin ecosystem.
  • Smooth Out the Filecoin Experience: Aim for projects that refine participation in the Filecoin network.

Winners will be showcased to the Protocol Labs accelerator programs with leading partners, including Longhash Ventures & Graph Paper Capital, and be exposed to our extensive investor & mentor network. Learn more and register now!

📑 State of Filecoin 2024 by Filecoin TLDR

Key developments across Filecoin’s core pillars in 2023 has set the stage for continued expansion in 2024. The FVM launch opened Filecoin’s economy to new use cases, from easing on-chain payments to improving access to collateral markets, propelling TVL to breach the $200M mark. This momentum is expected to continue with new themes emerging across storage markets, compute and DeFi activity. Foundational improvements (fast finality, customizable subnets, and hot storage) are drawing closer synergies with Compute, AI, and other DePIN networks while teams like Banyan, Seal and Steeldome are pillaring Web2 Enterprise Adoption. For a complete analysis, read the State of Filecoin 2024 article from Filecoin TLDR. 

🔮 Pyth Feeds Launch on Filecoin

January 30th marked the full deployment and launch of Pyth Feeds on the Filecoin network. This commitment by the Pyth Network to the Filecoin Ecosystem underscores the community’s engagement in enabling robust markets in the Filecoin economy. The launch of Pyth Feeds is a critical pillar, enabling the DeFi ecosystem on the FVM to accelerate in 2024.

📈 Messari’s Filecoin Q4 2023 Report

Messari recently published “The State of Filecoin Q4 2023” Report, check out the highlights: 

  • Active deals were up 23% QoQ in Q4’23 and 414% YoY. Simultaneously, storage utilization grew from 13% in Q3’23 to 18% in Q4’23, as Filecoin’s storage capacity continued to decrease 15% QoQ.
  • As of the end of 2023, over 1,800 clients have onboarded datasets on Filecoin, of which 465 were over 1,000 TiB in size, up 10% QoQ and 196% YoY.
  • FVM brought Ethereum-style smart contracts to enable new use cases. Since the FVM launch of FVM in March 2023, the TVL reached over $230 million by the end of 2023.
  • The proposal to deploy Uniswap V3 on FVM was successfully executed and will likely usher in a new phase of DeFi applications built on top of the Filecoin Virtual Machine.
  • The FIP0001v2 community initiative was launched to improve and scale the Filecoin Improvement Process (FIPs) and governance process.

Read the full report

🎉 Events 🎉 

🗣️ Filecoin Orbit Ecosystem Showcase & Happy Hour at ETHDenver

Register for the Filecoin Orbit community showcase and happy hour taking place around ETHDenver to immerse yourself in the Filecoin ecosystem, learn from the brightest minds in the industry, and connect IRL. Join us at The Shop in CSU Spur Denver.


5:30 PM - 6:00 PM - Lightning Talks by IPC, Huddle01, Leto, and other teams in the Filecoin Ecosystem.

6:00 PM - 7:00 PM - Demos by Tableland, Nodle, Banyan, GLIF, and STFIL

7:00 PM - 8:30 PM - Open Bar Happy Hour and Networking Reception, food will be served.

(The first 100 audience members who arrive at the venue will also receive a limited edition Filecoin Plush Skiing Corgi.)

🗓️ Filecoin Foundation 2024 Events Calendar

The Filecoin Foundation 2024 events calendar is live! We can’t wait to see you IRL. Reach out and let us know if you’re attending, speaking, and/or partnering with us at one of our events. Check out where to find the Filecoin community in 2024.

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