Filecoin Launches Second Round of FIL RetroPGF Program in Q4 2024

2024-08-21

Filecoin Launches FIL RetroPGF Program

BittimeFilecoin will launch the second round of the FIL RetroPGF (Retrospective Public Goods Funding) program in the fall or Q4. This program will provide funding to projects that have had a positive impact on the Filecoin ecosystem.

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First Round of Filecoin FIL RetroPGF  

The first round of the FIL RetroPGF program has successfully distributed more than 200,000 FIL, equivalent to approximately 1 million US dollars, to 95 projects that contributed greatly to the development of Filecoin. 

The program is inspired by a similar initiative from Optimism and aims to support public development that has long-term impact.

Read Also: Swell Will Launch an Airdrop Program Named Wavedrop on October 8!

Filecoin Second Round of FIL RetroPGF  

In this second round, Filecoin plans to provide more funds and simplify the application process, voting, and distribution of fund allocations. 

Filecoin is committed to improving the user experience at every stage of this program. Funds will be distributed in stages via the Drips platform which operates on the Filecoin Virtual Machine (FVM).

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Main Focus of Second Round of FIL RetroPGF  

FIL-RetroPGF-2 will continue to support a wide range of project categories, including infrastructure, tools, education, protocol development, governance, and products. 

However, the main focus this time will be given to projects related to improving Filecoin data entry, applications that increase usability, development of on-chain payments via FVM, progress in protocol development, projects that connect cross networks, as well as reliable tools such as providers High quality RPC, browser, and dashboard.

Read Also: Filecoin Mainnet Upgrade on August 6, 19:00 WIB!

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