# Filecoin

By [upiuo](https://paragraph.com/@upiuo) · 2023-06-07

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Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an [initial coin offering](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico) (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.

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*Originally published on [upiuo](https://paragraph.com/@upiuo/filecoin)*