Learn how Protocol Labs, Inc. conducted token sales, attracted investors, and developed the Filecoin ecosystem.
FIL, the native token of the Filecoin network, has a rich history dating back to Protocol Labs' vision for decentralized storage. The 2017 FIL Sales raised over $205 million for Filecoin's development, with investors anticipating growth.
With a capped supply of 2 billion FIL, the mainnet launched in 2020. Protocol Labs consistently marketed FIL as an investment, emphasizing long-term value. It also introduced mechanisms like burning to reduce supply. Protocol Labs has continued to develop the Filecoin ecosystem, attracting investors and promising future growth.
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