Protocol Labs functions as an open-source research and development laboratory dedicated to constructing innovative protocols, tools, and services aimed at revolutionary enhancements of the Internet. Meanwhile, the organization actively invests in various Web3 startups related to its research field.
Backed by deep expertise and resources accumulated over a decade of startup development and strategic investments, Protocol Labs has sufficient influence and a wide relationship network in the industry to ensure the lightning-speed growth of a young company from the crypto industry segment.
The company develops a plethora of its own Web3 solutions, and one of the most prominent is Filecoin.
Protocol Labs Overview
Protocol Labs - About
Protocol Labs operates as a globally distributed Open Source R&D company with ambitions to spread the technological advancements between different hi-tech industries by creating an environment and ecosystem for development teams to drive a sustainable evolution.
Protocol Labs specializes in deep cross-industry researches and collaborates with a wide spectrum of organizations, including foundations, universities, corporations, blockchains, open-source software (OSS) projects, and even DAOs.
The most popular project of Protocol Labs is Filecoin - a blockchain platform focused on decentralized data storage with built-in economic incentives for users.
Filecoin raised $205.8 million during an initial coin offering in 2017, which is one of the largest funding rounds in the industry’s history.
Protocol Labs stands at the origins of CoinList, a number 1 crypto launchpad in terms of ROI and funds raised. The Filecoin’s token sale was held there.
Up to date, Protocol Labs comprises over 450 projects, multi-stage companies, and organizations, all working together to drive forward the breathtaking progress of leading humanity into the new tech opportunities for life and creation.
Protocol Labs also acts as a part of the YCombinator S14 program.
Some of the Protocol Labs’ public portfolio projects are the following: Filecoin, Mask Network, Numbers Protocol, Exorde, Gari Network, and others, with such a balance of interests:
Total number of investments: 62
- Blockchain Service: 59%
- Social: 16.4%
- NFT: 6.6%
- DeFi: 6.6%
- GameFi: 6.6%
- Blockchain Infrastructure: 3.3%
- CeFi: 1.6%
Celestia
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