Store-to-Earn Platform Functionland Brings Blockchain Security to Photo and Video Storage, Announces Airdrop
August 12 2024 - 11:15AM
Decentralized data storage platform Functionland has
announced the launch of its $FULA token, which will play a crucial
role in establishing the store-to-earn trend, accompanied by an
airdrop campaign.
Functionland develops blockchain software and hardware to offer
a secure and reliable alternative to traditional data storage
services. Unlike the Big Tech-powered cloud services, which take
control over how user data is processed and shared, Functionland’s
DApps give full data ownership to individuals.
Supported by a global infrastructure of over 900 blockchain
nodes, Functionland has launched two DApps — FxFotos for photo and
video storage and FxFiles for general file storage — along with its
decentralized storage hardware, FxBlox.
Crafted by renowned Swiss designer Yves Béhar, FxBlox operates
as a blockchain-powered storage, personal server and node. It is at
the heart of Functionland’s store-to-earn offerings. FxBlox owners
will empower the decentralized storage network and earn
rewards.
Functionland’s hardware and software solutions form
the Fula Network, a peer-to-peer architecture for
decentralized data management. Since the announcement of the
testnet, the Fula Network has seen over 100,000 pre-registrations
from both Web3 and Web2 communities.
Functionland is celebrating the launch of the $FULA token, the
utility token of the Fula Network, with an airdrop campaign. Users
can complete social tasks in Web3 fashion to participate in the
$FULA airdrop. More details can be found here.
Fula Network enables fair, secure resource-sharing among users.
Users share resources to provide storage, content and applications.
The network comprises many smaller user pools, typically grouped
together based on geographical proximity in order to guarantee
optimal network performance, minimal latency and the fewest
possible server hops.
Functionland was founded in 2021 with a clear vision and
technical team in Ontario, Canada, with grants from blockchain
giants, including Filecoin and Dfinity, after winning first place
in the Filecoin Hackathon. The company is backed by Web3
heavyweights, including Protocol Labs, Delta Blockchain Fund,
Outlier Ventures and Tenzor Capital, and it’s expanding its roster
of investors with Astra X, Cogitent Ventures, and Connectico
Capital.
“In the digital world, your data is your virtual avatar. It’s
time to level up from being an NPC to the main character,” said
Ehsan Shariati, the Co-founder of Functionland, adding: “At
Functionland, we’re not just disrupting the decentralized storage
game; we’re rewriting the rules. Our Fula platform is the cheat
code for true data democracy, making secure, private storage as
easy to use as your favorite social media app.”
By adding decentralized compute and decentralized AI protocols
to the current stack, Functionland aims to pioneer data logistics
for both Web2 and Web3, serving consumers, NFT projects, streaming
services, and AI.
Full details of the $FULA airdrop can be found here.
About Functionland
Functionland is a pioneering decentralized data storage
platform based in Ontario, Canada. Established in 2021, the company
aims to provide a secure and reliable alternative to traditional
cloud storage services through its innovative blockchain software
and hardware solutions. Functionland’s products include FxFotos for
photo and video storage, FxFiles for general file storage, and
FxBlox, a blockchain-powered storage device designed by renowned
Swiss designer Yves Béhar. These solutions form the Fula Network, a
peer-to-peer architecture that enables decentralized data
management and ownership.
Functionland is backed by prominent names in the Web3 space,
including Protocol Labs, Delta Blockchain Fund, Outlier Ventures,
and Tenzor Capital, with additional support from Astra X, Cogitent
Ventures, and Connectico Capital. The company has received grants
from blockchain giants like Filecoin and Dfinity and continues to
innovate and expand its offerings, aiming to revolutionize data
storage with fair, secure resource-sharing and decentralized
compute and AI protocols.
Functionland’s advisory team is hailed by Forbes, with Shaun
Neff as the ‘Branding Whisperer’ and Singularity DAO as 'The Future
of AI.' They also recognize Yves Behar, the mastermind behind the
invention of the plug-and-play smart server FxBlox, as ‘The most
influential industrial designer in the world.’
For more information, visit Functionland's website.
Disclaimer: The information provided in this
press release is not a solicitation for investment, nor is it
intended as investment advice, financial advice, or trading advice.
It is strongly recommended you practice due diligence, including
consultation with a professional financial advisor, before
investing in or trading cryptocurrency and securities.
Ehsan Shariati
Functionland
ehsan-at-fx.land.com