Advanced Computing in the Age of AI | Thursday, April 25, 2024

Filecoin Foundation and FFDW Launch to Advance the DWeb 

SAN FRANCISCO, Oct. 23, 2020 -- The Filecoin Foundation (FF) and the Filecoin Foundation for the Decentralized Web (FFDW), two new organizations dedicated to developing Filecoin and the decentralized web in order to preserve humanity’s most important information, have launched and announced their boards of directors, boards of advisors, and initial staff.

A fully independent entity, the FF is responsible for the governance of the Filecoin network and will support the Filecoin community and accelerate the development of the Filecoin ecosystem. The FFDW’s mission is to ensure the permanent preservation of humanity’s most important information. The organization will focus on charitable activities, including building and supporting the decentralized web community, funding research and development, and educating the public about the decentralized web.

The organizations’ Boards of Directors include industry luminaries from the blockchain and open source sectors, including blockchain law pioneer Marta Belcher, digital rights activist Rainey Reitman, and Hyperledger Executive Director Brian Behlendorf. Advisors to the foundations include Ethereum Cofounder Joseph Lubin; Blockchain Association Executive Director Kristin Smith; Global Blockchain Business Council CEO Sandra Ro; online free speech activist Danny O’Brien; Anchorage General Counsel Georgia Quinn; Brex General Counsel and former Anchorage General Counsel Katie Biber; content policy expert Alex Feerst; and World Economic Forum Head of Blockchain, Digital Assets, and Data Policy Sheila Warren. The FF and FFDW will both announce additional advisors and board members in the coming weeks. Both organizations operate with three full-time staff members, including founding officers Clara Tsao and Megan Klimen, and will seek to add a number of additional positions in the coming
year.

“The decentralized web can help us preserve humanity’s most important data,” said FF and FFDW Board Member Marta Belcher. “The centralized nature of todays’ internet means that users have no choice but to trust intermediaries with their data. And the fact that file storage is essentially a monopoly means that there is a single point of failure for much of today’s internet. Decentralizing the web can empower users, enhance security, and ensure that data can be stored reliably over time. We are so excited to launch these foundations to accelerate the growth of this important technology and to support the Filecoin and decentralized web communities.”

As part of Filecoin Liftoff Week (October 19-23, 2020), a worldwide, community-led series of inspiring talks, interactive workshops, and live demos to celebrate Filecoin’s mainnet launch and discuss the trajectory of a fully decentralized internet, board member Marta Belcher gave a talk introducing both foundations.

On Friday, October 23 at 2:55pm PDT (5:55pm EDT / 9:55pm UTC), the foundations will co-host a panel discussion to introduce their advisory boards and boards of directors. Those interested in attending can register at https://liftoff.filecoin.io/.

More information about the Filecoin Foundation can be found at https://www.fil.org/.


Source: Filecoin Foundation

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