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



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)
$0.05286
$0.05286$0.05286
-2.38%
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 service@support.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

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.
Share
Blockonomi2025/09/17 23:45
Disney Pockets $2.2 Billion For Filming Outside America

Disney Pockets $2.2 Billion For Filming Outside America

The post Disney Pockets $2.2 Billion For Filming Outside America appeared on BitcoinEthereumNews.com. Disney has made $2.2 billion from filming productions like ‘Avengers: Endgame’ in the U.K. ©Marvel Studios 2018 Disney has been handed $2.2 billion by the government of the United Kingdom over the past 15 years in return for filming movies and streaming shows in the country according to analysis of more than 400 company filings Disney is believed to be the biggest single beneficiary of the Audio-Visual Expenditure Credit (AVEC) in the U.K. which gives studios a cash reimbursement of up to 25.5% of the money they spend there. The generous fiscal incentives have attracted all of the major Hollywood studios to the U.K. and the country has reeled in the returns from it. Data from the British Film Institute (BFI) shows that foreign studios contributed around 87% of the $2.2 billion (£1.6 billion) spent on making films in the U.K. last year. It is a 7.6% increase on the sum spent in 2019 and is in stark contrast to the picture in the United States. According to permit issuing office FilmLA, the number of on-location shooting days in Los Angeles fell 35.7% from 2019 to 2024 making it the second-least productive year since 1995 aside from 2020 when it was the height of the pandemic. The outlook hasn’t improved since then with FilmLA’s latest data showing that between April and June this year there was a 6.2% drop in shooting days on the same period a year ago. It followed a 22.4% decline in the first quarter with FilmLA noting that “each drop reflected the impact of global production cutbacks and California’s ongoing loss of work to rival territories.” The one-two punch of the pandemic followed by the 2023 SAG-AFTRA strikes put Hollywood on the ropes just as the U.K. began drafting a plan to improve its fiscal incentives…
Share
BitcoinEthereumNews2025/09/18 07:20
Trump-backed stablecoin hits $5 billion as first family cashes in

Trump-backed stablecoin hits $5 billion as first family cashes in

Trump Jr. has emerged as a vocal crypto advocate and operator, while World Liberty Financial has made USD1 the backbone of its decentralized finance platform.
Share
Crypto.news2026/01/30 04:30