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After raising more than $250 million, Project Filecoin prepares for official launch

Posted on October 27, 2022 by admin

After raising more than $250 million, Project Filecoin prepares for official launch

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Answer After raising more than $250 million, Project Filecoin prepares for official launch

Advertise the Filecoin project via his blog Yesterday, Wednesday, the official announced the official dates for the launch of the Filecoin network, which will be as follows:

  • The alphanet version of the project was launched on the day of the announcement (yesterday).
  • The testnet version of the project will be launched on December 11, 2019.
  • The mainnet version of the project will be launched in March 2020.

The Filecoin project aims to be a decentralized provider of storage space, meaning that with Filecoin, anyone can rent the backup storage space on their computer to someone else on the network, and here the service can be likened to the service provided by Airbnb by renting rooms that are not being used.

Read:What are the reasons for continuing ADA Cardano on its current upward trajectory?

The Filecoin project raised $257 million through an initial coin offering in 2017, and since then the project has suffered several delays in the launch process, with the testnet project being planned to launch in Spring 2019 and the mainnet by the end of this year.

But the Filecoin project did not stand idly by during the last period, but rather the project management launched the development networks.

Which allowed community members to test the Filecoin protocol and network and all went well with 17 petabytes of declared storage.

Filecoin promises later this year to do a security review and audit, and plans to do more to test the network in anticipation of the mainnet launch next year.

Will Filecoin stick to the dates announced at the start of the thread and deliver on its promises?

Read:How Binance outperformed Coinbase in less than a year

Read also:

Learn about the details of the Wanchain project partnership and the Band Protocol project

Learn about the “Band Protocol” project and the digital currency (BAND)

The company behind the CryptoKitties project raises $11 million to build a new blockchain


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