The post FIL Distributes 500K Tokens as Network Pivots to Cloud Platform appeared on BitcoinEthereumNews.com. James Ding Jan 15, 2026 20:39 Filecoin (FIL) completesThe post FIL Distributes 500K Tokens as Network Pivots to Cloud Platform appeared on BitcoinEthereumNews.com. James Ding Jan 15, 2026 20:39 Filecoin (FIL) completes

FIL Distributes 500K Tokens as Network Pivots to Cloud Platform

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com


James Ding
Jan 15, 2026 20:39

Filecoin (FIL) completes RetroPGF Round 3, awarding 500K FIL to 91 projects as network transforms into programmable cloud infrastructure with 100+ teams building.

Filecoin (FIL) wrapped up its third Retroactive Public Goods Funding round this week, distributing over 500,000 FIL across 91 ecosystem projects. The payout comes as the decentralized storage network completes what it calls a transformation from pure storage into a “programmable, verifiable cloud platform” — a pivot that’s attracted more than 100 development teams to its new Onchain Cloud infrastructure.

FIL traded at $1.57 as of January 15, down 0.33% over 24 hours, with a market cap of $1.15 billion.

RetroPGF Round 3 Breakdown

The funding round drew 120 applications from across the Filecoin ecosystem, with 91 ultimately receiving awards. RetroPGF differs from traditional grants by rewarding projects for contributions already made rather than future promises — a model pioneered by Optimism that’s gained traction across Web3.

The 500K FIL distribution represents meaningful capital deployment for ecosystem development, though specific allocation breakdowns by project category weren’t disclosed in the announcement.

Onchain Cloud Gains Traction

A Messari Pulse Report highlighted growing adoption of Filecoin Onchain Cloud since its testnet launch. The platform’s Filecoin Pay service has seen “growing demand,” according to the report, though specific usage metrics weren’t released.

Two significant infrastructure additions landed this week. Storacha launched Forge, offering IPFS-compatible warm storage with cryptographic proof of data possession. Akave Cloud introduced a Filecoin-powered archival tier targeting AI, IoT, and compliance workloads — sectors where verifiable storage increasingly matters.

Both services leverage Proof of Data Possession (PDP), which shipped in May 2025 alongside Fast Finality (F3) — technical upgrades that reduced transaction confirmation times and enabled verifiable hot storage.

Governance Gets an Overhaul

The Filecoin Foundation unveiled its Constellation Program at FIL Dev Summit 7, signaling a push toward more community-driven decision-making. The initiative takes an iterative approach to governance reform, testing new participation mechanisms before scaling them network-wide.

For builders looking to establish early credibility, CloudPaws NFTs offer a limited run of 100 credential-style tokens recognizing early Onchain Cloud contributors. Beyond bragging rights, these credentials could factor into future governance participation and testing access.

What’s Next

Filecoin’s 2026 roadmap appears focused on enterprise adoption, with ecosystem partner Akave identifying seven storage trends driving demand for “proof, predictability, and control.” The network’s recent DNA storage partnership with Atlas Eon 100, announced January 12, suggests a push toward novel permanence solutions.

After five years building decentralized storage infrastructure, Filecoin is betting its next phase of growth comes from becoming indispensable plumbing for AI workloads and data-heavy dApps. Whether 100+ building teams translates to sustainable protocol revenue remains the key question for FIL holders watching this transformation unfold.

Image source: Shutterstock

Source: https://blockchain.news/news/fil-distributes-500k-tokens-network-pivots-cloud-platform

Market Opportunity
Cloud Logo
Cloud Price(CLOUD)
$0.03333
$0.03333$0.03333
-1.99%
USD
Cloud (CLOUD) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

$683M to Nscale for 60,000 GPUs by 2026

$683M to Nscale for 60,000 GPUs by 2026

The post $683M to Nscale for 60,000 GPUs by 2026 appeared on BitcoinEthereumNews.com. Nvidia will invest $683 million in Nscale, the spin-off of Arkon Energy spun off in May 2024 to offer AI cloud services in Europe, with the goal of bringing up to 60,000 GPUs to the United Kingdom. The capital injection, in line with the push towards advanced AI infrastructure, is part of a joint effort to strengthen strategic computing capabilities in the region; the rollout is planned in stages between 2025 and 2026. The operation also coincides with the UK government’s plan to accelerate AI adoption and security, outlined by the government on January 13, 2025. According to data collected by industry analysts, updated as of September 17, 2025, projects that convert mining sites into AI nodes can reduce the time-to-market compared to new facilities by about 30–50%. Our field market analyses indicate typical improvements in PUE in the range of 10–20% after energy optimization interventions and the introduction of liquid cooling. Operators we have monitored also report that long-term energy contracts and proximity to major interconnection nodes are determining factors for the economic sustainability of the clusters. The Agreement in Brief: Figures, Goals, Timeline Investment: $683 million allocated to Nscale. Target capacity: up to 60,000 GPUs deployed in data centers in the United Kingdom. Timeline: phased rollout activity scheduled between 2025 and 2026. Origin Nscale: spin-off from Arkon Energy, created in May 2024 to enter the European market for AI cloud services. From miner to cloud AI: the Nscale spinoff Nscale is born from the conversion of mining assets into nodes for AI workloads, transforming facilities designed for energy-intensive and single-use operations into platforms with high computational value and greater flexibility. The strategy — based on the reuse of existing sites and network connections — allows for reduced startup times and capex, a significant advantage when targeting clusters dedicated…
Share
BitcoinEthereumNews2025/09/18 19:22
WTI nears multi-month high as Hormuz closure fuels supply concerns

WTI nears multi-month high as Hormuz closure fuels supply concerns

The post WTI nears multi-month high as Hormuz closure fuels supply concerns appeared on BitcoinEthereumNews.com. West Texas Intermediate (WTI) US Crude Oil prices
Share
BitcoinEthereumNews2026/03/03 09:57
Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance

Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance

TLDR Ethereum focuses on quantum resistance to secure the blockchain’s future. Vitalik Buterin outlines Ethereum’s long-term development with security goals. Ethereum aims for improved transaction efficiency and layer-2 scalability. Ethereum maintains a strong market position with price stability above $4,000. Vitalik Buterin, the co-founder of Ethereum, has shared insights into the blockchain’s long-term development. During [...] The post Vitalik Buterin Reveals Ethereum’s Long-Term Focus on Quantum Resistance appeared first on CoinCentral.
Share
Coincentral2025/09/18 00:31