1 year ago
Web3 workspace and record absorption exertion Fileverse raised $1.5 cardinal successful a pre-seed round, the steadfast told CoinDesk Tuesday.
Privacy-focused Gnosis Chain and task superior steadfast Factor led the investment, according to a property merchandise shared by the firm. Crypto wallet supplier Safe, societal media privateness solution Mask Network, decentralized record retention Arweave Ecosystem and its ecosystem incubator Forward Research, Web3 credentials web Galxe, ex-Coinbase Balaji Srinivasan and different angel investors besides participated successful the round.
Fileverse offers a decentralized record management and collaboration service, which aims to connection an alternate to centralized providers specified arsenic Google oregon Notion by giving users amended ownership implicit their idiosyncratic data, the institution said. The level leverages astute contracts and stores encrypted information connected the InterPlanetary File System (IPFS), a fashionable peer-to-peer record sharing web created by Filecoin (FIL) developer steadfast Protocol Labs, to debar relying connected a azygous server provider. Fileverse besides crafted a instrumentality that is compliant to European information privateness regularisation GDPR by plan done cryptographic encryption.
“Lots of probe and engineering has gone into crypto infrastructure and relationship abstraction successful the past years," Lukas Schor, co-founder and CEO of Safe, said successful a statement. "Fileverse is looking to bring these advancements to a scope of on-chain tools for connection and collaboration."
The concern happened arsenic crypto firms conflict to pull caller superior successful a grueling crypto winter. Venture superior fundraising dropped to a three-year low, Messari information showed earlier this month.
Last year, Fileverse raised immoderate $280,000 successful grants and donations from Gitcoin assemblage members, Polygon, ENS, a16z, Filecoin, Aurora.
Edited by Kevin Reynolds.
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