Fileverse is a decentralized file management and storage platform that prioritizes user data ownership. It also provides collaboration features and serves as an alternative to Google or Notion. Fileverse uses smart contracts and securely stores encrypted data on the InterPlanetary File System, a peer-to-peer file-sharing network developed by Protocol Labs (the creator of Filecoin), to eliminate the need for depending on a single server provider. Furthermore, it has designed a specialized tool that complies with European data privacy regulations, such as GDPR, by employing advanced cryptographic encryption methods.
As of November 2023, the platform was in beta, with users granted access on an invitation-only basis.
Funding and financials
In October 2023, Fileverse raised USD 1.5 million in a pre-seed funding round co-led by Gnosis Chain and Factor. However, the company did not disclose the use of the proceeds.
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