Decentralized data storage platform Country of Function announced the launch of its $FULA token, which will play a crucial role in establishing the store-to-earn trend, accompanied by an airdrop campaign.
Functionland develops blockchain software and hardware to provide a secure and reliable alternative to traditional data storage services. Unlike cloud services from big tech companies, which take control of how user data is processed and shared, Functionland’s DApps give full ownership of data to individuals.
Leveraging a global infrastructure of over 900 blockchain nodes, Functionland has launched two DApps – FxFotos for photo and video storage and FxFiles for general file storage – along with its decentralized storage hardware, FxBlox.
Designed by renowned Swiss designer Yves Béhar, FxBlox functions as a storage, personal server, and blockchain-powered node. It is at the heart of Functionland’s shopping offerings. FxBlox owners will strengthen the decentralized storage network and earn rewards.
Functionland’s hardware and software solutions constitute the Fulani Networka peer-to-peer architecture for decentralized data management. Since the testnet announcement, the Fula network has registered over 100,000 pre-registrations from Web3 and Web2 communities.
Functionland is celebrating the launch of the $FULA token, the utility token of the Fula network, with an airdrop campaign. Users can complete social tasks in a Web3-style manner to participate in the $FULA airdrop. More details can be found here here.
Fula Network enables fair and secure sharing of resources between users. Users share resources to provide storage, content, and applications. The network consists of many smaller user groups, typically grouped based on geographic proximity to ensure optimal network performance, minimal latency, and as few server hops as possible.
Functionland was founded in 2021 with a clear vision and technical team in Ontario, Canada, with funding from blockchain giants including Filecoin and Dfinity after winning first place in the Filecoin Hackathon. The company is backed by Web3 heavyweights including Protocol Labs, Delta Blockchain Fund, Outlier Ventures, and Tenzor Capital, and is expanding its investor list with Astra X, Cogitent Ventures, and Connectico Capital.
“In the digital world, your data is your virtual avatar. It’s time to move from being an NPC to a main character,” said Ehsan Shariati, Co-Founder of Functionland, adding, “At Functionland, we’re not just disrupting the world of decentralized storage; we’re rewriting the rules. Our Fula platform is the cheat code for true data democracy, making private and secure storage as easy to use as your favorite social media app.”
By adding decentralized computing and decentralized AI protocols to the current stack, Functionland aims to become the pioneer of data logistics for Web2 and Web3, serving consumers, NFT projects, streaming services and AI.
Full details of the $FULA airdrop can be found here.
About Functionland
Functionland is a pioneering decentralized data storage platform based in Ontario, Canada. Founded in 2021, the company aims to provide a secure and reliable alternative to traditional cloud storage services through its innovative blockchain software and hardware solutions. Functionland’s products include FxFotos for photo and video storage, FxFiles for general file storage, and FxBlox, a blockchain-based storage device designed by renowned Swiss designer Yves Béhar. These solutions form the Fula Network, a peer-to-peer architecture that enables decentralized data management and ownership.
Functionland is backed by prominent names in the Web3 space including Protocol Labs, Delta Blockchain Fund, Outlier Ventures, and Tenzor Capital, with additional support from Astra X, Cogitent Ventures, and Connectico Capital. The company has received funding from blockchain giants like Filecoin and Dfinity and continues to innovate and expand its offerings, aiming to revolutionize data storage with fair and secure resource sharing and decentralized compute and AI protocols.
Functionland’s consulting team is hailed by Forbes, with Shaun Neff as the “Branding Whisperer” and Singularity DAO as “The Future of AI.” They also recognize Yves Behar, the brains behind the invention of the FxBlox plug-and-play intelligent server, as “The World’s Most Influential Industrial Designer.”
For more information, visit Functionland Website.
Disclaimer: The information provided in this press release does not constitute a solicitation of investment and is not intended to serve as investment advice, financial advice, or trading advice. It is strongly recommended that you conduct your own due diligence, including consulting a professional financial advisor, before investing or trading in cryptocurrencies and securities.