The launch of Filecoin brings a unique building block to the Web3 ecosystem and paves the way for mainstream adoption of blockchain technologies. We’ve already observed a substantial number of projects and entrepreneurs entering the Filecoin Ecosystem. IPFS and Filecoin can empower traditional businesses with distributed storage and enable novel Web3 applications and protocols with groundbreaking business models as summarized in this video. Ti capital will provide full support for growth or mature stage projects in the Filecoin Ecosystem.
Ti Capital will be responsible for all aspects of financial management relating to the Ecosystem Fund and Protocol Labs will provide technical advisory. After discussing with Protocol Labs, Filecoin Ecosystem Fund of Ti Capital will be raised in the form of FIL. Furthermore, Ti Capital will invest projects in the Filecoin ecosystem with FIL. For the scale of the fund, Ti capital raised 100,000 FIL which is worth around 6 million dollars. We expect our effort to bring significant value and prosperity to the Filecoin/IPFS Ecosystem and expand the latest frontier in Web3.
Our investment portfolio comprises (not constrained to specific jurisdiction) token and equity investment. Investment projects will include, but not limited to Filecoin Slingshot, Filecoin Launchpad accelerator, Filecoin Frontier accelerator, Filecoin Base Camp Accelerator, Hackathon projects and other projects within the ecosystem.
About Ti capital
Ti Capital is a professional blockchain-based venture capital. We invest in open finance, Web3.0, distributed cloud storage and visionary teams with global ambitions.
Ti Capital ‘s Filecoin Ecosystem Fund will focus on the Filecoin ecosystem. Together with Filecoin, we recognize the immense possibilities and believe that this collaboration will bring more entrepreneurs and developers into the Filecoin Ecosystem.
Filecoin, the world’s largest decentralized network, allows users to store, request, and transfer data via a verifiable marketplace. Filecoin is completely open-source, enabling people from all over the world to participate. The Filecoin protocol runs on an advanced and novel proof system — a combination of Proof of Spacetime (PoSt) and Proof of Replication (PoRep), to provide unmatched efficiency and reliability.
Filecoin’s advanced technology provides a robust foundation to store the world’s most valuable data sets. An alternative to costly cloud storage, the Filecoin network offers efficiently priced and geographically decentralized storage, minimizing financial barriers, and allowing users to take advantage of its unmatched network capabilities.