Filecoin to Launch Mainnet in October
Filecoin
Main page News, Blockchain, Crypto Market, Cryptocurrency
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Sept. 28, 2020

Filecoin (FIL), an open-source blockchain-based cooperative digital storage, has announced that the launch of the project's mainnet will take place on October 15.

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The developers say the launch will begin a period of monitoring and problem-solving "to ensure the network is nominal after the transition."

Various groups within the Filecoin community, including miners, clients, custodians, applications, network services will be onboarding onto the network in advance of Mainnet launch:

"This pre-liftoff phase, which we’re calling Mainnet Ignition, gives network participants time to initialize, learn, set up their systems, and optimize their deployments."

The developers also claim over 400 cryptocurrency miners from 34 countries have generated an 325+ PiB of storage capacity onto the Filecoin network.

Filecoin was launched back in August 2017 and raised over $200 million within 30 minutes via an initial coin offering.

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Earlier this year, the crypto listing platform CoinList announced its plans to distribute the FIL tokens after the launch of the network.

The distribution of the tokens will reportedly be made directly to the wallets of CoinList investors. In addition, investors will also be able to receive deposits directly into their Coinbase, Gemini or Anchorage accounts as well as store them in their Ledger hardware wallets.

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