W3 Storage Lab Raises $3M in Pre-Seed Financing

▤ Summary

Led by Xinglu Lin, CEO, W3 Storage Lab has co-developed a next generation distributed storage ecosystem that is based on the public blockchain and cyfs://. In development for over 7 years, cyfs:// has recently been open sourced and is now available to the public. To facilitate a more efficient market for decentralized storage, W3 Storage Lab has also worked closely with the DMC Foundation as a major developer of the Datamall Coin ecology. The DMC token is already on Testnet and will be released to Mainnet in the near future. These applications will leverage the unique capabilities of cyfs://, and will be announced in the coming weeks.

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