Today we’re excited to formally announce the launch of the SAFT Project, a collaboration between Protocol Labs, Cooley, and many other token creators, legal experts, and investors. The SAFT project, initially announced by Protocol Labs founder Juan Benet at the Consensus conference this past winter, has been a work in progress for quite some time. Today we’re launching a dedicated website and Github organization which will serve as a forum to aggregate learnings, best practices, and published materials.
The SAFT Project is dedicated to evolving the token investment and sale ecosystem in a compliant and standardized fashion. We hope to approach legal protocol development the same way we approach developing software protocols: with a thoughtful community, significant goals, and rigorous work. We hope our work will save creators much of the current headache, uncertainty, and cost associated with raising money for token networks.Read more
Dear Filecoin Investors, and broader community,
Wow! We are deeply humbled and grateful for your tremendous support. As soon as we opened the sale we were overwhelmed with thousands of investments. These last weeks have been a rollercoaster for the team, and your outpouring of support is intensely energizing. Thousands of people in our community rallied together to take part in this important event, as investors, as supporters, as trouble-shooters, and as vocal enthusiasts. The world took notice.
We wanted to give you a thorough update covering the following:
At Protocol Labs we are charting a course to the future, but we also know that the details make or break the plan. We love thoroughly explaining the reasons we think a decentralized storage network is worth building (and have!). At the same time, we’re also more than willing to openly discuss the challenges of implementing such a system. In fact, since the original Filecoin Paper was posted in 2014, the team has been working on building various logistical and cryptographic components necessary for decentralizing the internet’s storage. In this post, we introduce two of those components: Proof of Replication and Power Fault Tolerance.Read more
Update: We’ve been overwhelmed with the positive response to our announcements these past few days! We greatly appreciate all the feedback and advice we’ve received from our communities and we’re incorporating this into our next announcements. We’ll be releasing a detailed update soon including more on the upcoming sale. Stay tuned here and on our Twitter accounts: Protocol Labs Filecoin
Over the past several months Protocol Labs has been hard at work across a spectrum of projects that culminate in our announcements today:Read more