ConsenSys launches accelerator aimed at speeding Filecoin adoption

ConsenSys Labs now accepting applications for an accelerator program aimed at speeding the adoption of Filecoin, the yet-to-be-launched decentralized file storage platform, within the Ethereum community.

The Ethereum-focused software company announced today that it has partnered with Filecoin to offer 12 weeks of financial support ($80,000), benefits, and guidance on business strategy to between 15 and 20 teams. ConsenSys and the firm behind Filecoin, Protocol Labs, will make available their facilities and networks of experienced technical experts, researchers, entrepreneurs, and legal advisors in the blockchain industry.

“This cohort will be focused on startups building more open, interoperable, and programmable tools, infrastructure, and applications for the distributed web through IPFS and Filecoin,” according to a statement from ConsenSys. Applications for the prorgram are open through August 21.

The official launch of Filecoin’s incentivized testnet is slated for the first week of August. If all goes as planned, that will be followed by the launch of Filecoin public mainnet in the third quarter of 2020. The launch has already been delayed once this year.