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)
$0.05041
$0.05041$0.05041
-6.90%
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

BlackRock Increases U.S. Stock Exposure Amid AI Surge

BlackRock Increases U.S. Stock Exposure Amid AI Surge

The post BlackRock Increases U.S. Stock Exposure Amid AI Surge appeared on BitcoinEthereumNews.com. Key Points: BlackRock significantly increased U.S. stock exposure. AI sector driven gains boost S&P 500 to historic highs. Shift may set a precedent for other major asset managers. BlackRock, the largest asset manager, significantly increased U.S. stock and AI sector exposure, adjusting its $185 billion investment portfolios, according to a recent investment outlook report.. This strategic shift signals strong confidence in U.S. market growth, driven by AI and anticipated Federal Reserve moves, influencing significant fund flows into BlackRock’s ETFs. The reallocation increases U.S. stocks by 2% while reducing holdings in international developed markets. BlackRock’s move reflects confidence in the U.S. stock market’s trajectory, driven by robust earnings and the anticipation of Federal Reserve rate cuts. As a result, billions of dollars have flowed into BlackRock’s ETFs following the portfolio adjustment. “Our increased allocation to U.S. stocks, particularly in the AI sector, is a testament to our confidence in the growth potential of these technologies.” — Larry Fink, CEO, BlackRock The financial markets have responded favorably to this adjustment. The S&P 500 Index recently reached a historic high this year, supported by AI-driven investment enthusiasm. BlackRock’s decision aligns with widespread market speculation on the Federal Reserve’s next moves, further amplifying investor interest and confidence. AI Surge Propels S&P 500 to Historic Highs At no other time in history has the S&P 500 seen such dramatic gains driven by a single sector as the recent surge spurred by AI investments in 2023. Experts suggest that the strategic increase in U.S. stock exposure by BlackRock may set a precedent for other major asset managers. Historically, shifts of this magnitude have influenced broader market behaviors as others follow suit. Market analysts point to the favorable economic environment and technological advancements that are propelling the AI sector’s momentum. The continued growth of AI technologies is…
Share
BitcoinEthereumNews2025/09/18 02:49
U.S. Court Dismisses Major XRP Investor Lawsuit

U.S. Court Dismisses Major XRP Investor Lawsuit

The post U.S. Court Dismisses Major XRP Investor Lawsuit appeared on BitcoinEthereumNews.com. Ninth Circuit Dismisses Class Action Against Ripple, Clearing Legal
Share
BitcoinEthereumNews2026/01/30 15:35
Trading Moment: Global Asset Market Turmoil Causes BTC Confidence to Collapse, $81,000 Becomes the Last Line of Defense Against a Plunge

Trading Moment: Global Asset Market Turmoil Causes BTC Confidence to Collapse, $81,000 Becomes the Last Line of Defense Against a Plunge

Daily market data review and trend analysis, produced by PANews. 1. Market Observation Amidst a complex interplay of macroeconomic and geopolitical factors, global
Share
PANews2026/01/30 15:08