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Digital Asset Funds

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Holon Wholesale Filecoin Fund

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Insights

Filecoin working with Holon on decentralised computer storage network

Published 25 Jun 2021

Holon’s collaboration with Protocol Labs was featured in The Australian Financial Review, “Filecoin working with Holon on decentralised computer storage network”, 25th June, 2021.  Below is an extract, the full article can be accessed here.

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Filecoin, which is building a distributed network of computer storage and offering a cryptocurrency to those who provide capacity, named Sydney-based Holon Innovations as its partner for the Oceania region.

Holon will put an initial 27 petabytes of storage in the Macquarie Cloud Services data centre in Sydney, for which it will earn Filecoin’s cryptocurrency, known as FIL.

Heath Behncke, managing director, Holon Global Investments: “By having clear laws in place, Australia could participate substantially in this shift to Web3.0.”

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“By having clear laws in place, Australia could participate substantially in this shift to Web 3.0 by accessing this new way of financing cloud infrastructure through crypto economic incentives,” he said.

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