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IPFS

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uuid0009d5v

Namestring
IPFS
Legal namestring
IPFS Foundation
Websiteurl
ipfs.io
Company typeenum
Private
Founded yearint
2014
Descriptiontext

IPFS (InterPlanetary File System) is a decentralized storage and content-addressed networking protocol founded in 2014, governed by the IPFS Foundation and operated out of Palo Alto, California. Its core technology uses cryptographic Content Identifiers (CIDs) to address data by content rather than location, enabling peer-to-peer distribution across a global network of nodes and eliminating single points of failure inherent in centralized storage. The primary public-facing product is the ipfs.io Public Gateway, which bridges the traditional HTTP web and the IPFS protocol by running Rainbow (an implementation of the IPFS HTTP Gateway API), retrieving IPFS content and serving it via standard HTTP. A secondary gateway, dweb.link, provides the same functionality. The gateways support trustless content verification, HTTP Range requests up to 5GiB via Cloudflare CDN, and content removal through the Bad Bits denylist.

The protocol is maintained by Interplanetary Shipyard on behalf of the IPFS Foundation, with infrastructure funded by donors supporting digital public infrastructure. IPFS operates on a freemium public-good model: the gateway is provided free of charge on an as-is basis, and no commercial pricing tiers or subscription plans are disclosed. Customer segments include web users and developers (primary), businesses and organizations seeking decentralized storage for data sovereignty, and — through a minor-tier partnership with Dyad — insurance and fintech companies integrating IPFS for embedded payments and content provenance. Go-to-market is community-led, relying on GitHub, the IPFS Forum, Filecoin Slack, and developer documentation rather than traditional sales channels.

The project has no disclosed commercial revenue model. Its only documented funding event dates to March 2016 with backing from Digital Currency Group and FundersClub. As a result, IPFS functions primarily as digital public infrastructure rather than a commercially monetized entity, with its strategic value embedded in the protocol's role as foundational infrastructure for the decentralized web.

Short descriptiontext

IPFS is a decentralized, content-addressed storage protocol governed by the IPFS Foundation and operated by Interplanetary Shipyard, providing free public gateways (ipfs.io, dweb.link) that bridge HTTP browsers to the IPFS peer-to-peer network for developers, web users, and select enterprise segments.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersPalo Alto, United States
HQ citystring
Palo Alto
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
decentralized storage, content addressing, peer-to-peer protocol, public gateway, distributed web infrastructure
Industry2 codes
1Decentralized Storage Networks (IPFS/Filecoin/Arweave, archival & retrieval)
CodeFSAPALAAPrimaryYes
2Cloud Connectivity & Interconnect (Cloud On-Ramps, IX, Cross-Connects)
CodeHDAIAFAFPrimaryNo
NAICS code1 code
  • Wired and Wireless Telecommunications (except Satellite)5171
SIC code2 codes
  • Services-Computer Integrated Systems Design7373
  • Computer Communications Equipment3576
Product category
Decentralized Storage Protocol
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Public Infrastructure Funding
TypeFreemium
Description

IPFS operates as a public good with the ipfs.io gateway provided free of charge. The project is funded by contributions from donors who wish to support digital public infrastructure. No commercial revenue model is directly disclosed.

about.ipfs.io
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales
Pricing details1 tier
1Free public gateway access
ModelFreemiumBilling cadencePay-as-you-go
Notes

The ipfs.io public gateway is free to use with no pricing tiers or subscription plans. It is provided as a public utility for accessing the decentralized web.

about.ipfs.io
GTM typeB2B and B2C
B2B and B2C
Offering typeSoftware
Software
Brand1 record
1dweb.link
Description

A public IPFS gateway for accessing decentralized web content

about.ipfs.io
Core offering1 text field

IPFS (InterPlanetary File System) is a decentralized storage and content-addressed networking protocol that distributes files across a peer-to-peer network using cryptographic content identifiers. The ipfs.io and dweb.link public gateways act as bridges between the traditional HTTP web and the IPFS protocol, retrieving IPFS content and serving it via standard HTTP for any web browser. The gateways are maintained by Interplanetary Shipyard on behalf of the IPFS Foundation and provided as a free public utility.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Files up to 5GiB supported for HTTP Range requests via Cloudflare CDN
Product overview1 text field

IPFS (InterPlanetary File System) is a decentralized storage and content-addressed networking protocol. The IPFS.io Public Gateway is the primary public-facing product offering — a free gateway service that bridges the traditional HTTP web with the decentralized IPFS network. It listens for IPFS content requests, retrieves content via IPFS using the Rainbow implementation, and serves it via standard HTTP. The gateway supports trustless content verification, HTTP Range requests (up to 5GiB), and content removal via the Bad Bits denylist. The gateway is maintained by Interplanetary Shipyard on behalf of the IPFS Foundation and is intended as a public good for accessing the decentralized web.

Product and service2 records
1IPFS.io Public Gateway
CategoryDecentralized Web Gateway
Description

A free public gateway that bridges traditional HTTP web browsers and the IPFS decentralized protocol. It listens for IPFS content requests, retrieves content via IPFS using the Rainbow implementation, and serves it over HTTP. Supports trustless content verification with CID checks and HTTP Range requests up to 5GiB via Cloudflare CDN.

2dweb.link Public Gateway
CategoryDecentralized Web Gateway
Description

A secondary public gateway operated by the IPFS team with the same functionality as ipfs.io, providing free HTTP access to IPFS content globally.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Interplanetary Shipyard maintains the ipfs.io and dweb.link public gateways on behalf of the IPFS Foundation. They manage the digital public infrastructure, handle community relations through Filecoin Slack and GitHub, and coordinate gateway operations and funding from donors supporting digital public infrastructure.

2IPFS Foundation
Strategic tierCoreTypeOthers
Description

The IPFS Foundation is the governing body for the IPFS project. The public gateways are operated on behalf of the foundation, which receives funding from donors supporting digital public infrastructure.

about.ipfs.io
Recent move1 record

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Pinata is a commercial IPFS pinning and file management service that lets developers persist and serve content on the IPFS network. It is a direct commercial analogue for the public gateway function IPFS.io provides.

TypeDirect peer
Description

Arweave is a decentralized storage network offering permanent, one-time-fee data storage using a content-addressed model similar to IPFS. It directly competes for the same Web3 permanent-storage use cases that IPFS gateways enable.

TypeDirect peer
Description

Filecoin is a decentralized storage network that builds on IPFS as its underlying content-addressing protocol and operates the largest commercial storage market layered on top of it. It is the most direct comparison for IPFS's protocol-level value and gateway ecosystem.

TypeEmerging player
Description

Consensys, through Infura, offers IPFS API and gateway infrastructure alongside its Ethereum developer tooling. It overlaps with the IPFS gateway/pinning market with a more enterprise-oriented commercial posture.

TypeBroad incumbent
Description

Cloudflare operates a public IPFS gateway alongside its broader CDN and edge platform, and is the CDN provider behind ipfs.io. It is the most significant incumbent operating in the same gateway/retrieval layer.

6Sia
TypeDirect peer
Description

Sia is a decentralized cloud storage marketplace that rents storage from a global network of hosts. Like IPFS, it pursues censorship-resistant, distributed storage, although its commercial model differs.

TypeDirect peer
Description

Fleek is a Web3 hosting and edge platform built natively on IPFS that offers pinning, gateways, and ENS-integrated hosting. It targets the same developer and decentralized-web audience as the IPFS public gateways.

TypeDirect peer
Description

Storj is a decentralized cloud storage network offering encrypted, distributed object storage with a commercial SLA-backed product. It competes with IPFS/Filecoin for the decentralized storage use case.

TypeBroad incumbent
Description

Amazon S3 is the dominant centralized object storage service used by enterprises as an alternative to decentralized storage. It is the broad incumbent against which IPFS's decentralization and content-addressing benefits are pitched.

10Helia
TypeEmerging player
Description

Helia is a JavaScript implementation of IPFS for the browser and Node.js, including the inbrowser.link Service Worker gateway. It is an emerging alternative runtime that competes with the IPFS Foundation's Rainbow gateway for trustless, client-side retrieval.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

IPFS

Decentralized Storage Protocolipfs.io

IPFS is a decentralized, content-addressed storage protocol governed by the IPFS Foundation and operated by Interplanetary Shipyard, providing free public gateways (ipfs.io, dweb.link) that bridge HTTP browsers to the IPFS peer-to-peer network for developers, web users, and select enterprise segments.

What IPFS does

IPFS (InterPlanetary File System) is a decentralized storage and content-addressed networking protocol founded in 2014, governed by the IPFS Foundation and operated out of Palo Alto, California. Its core technology uses cryptographic Content Identifiers (CIDs) to address data by content rather than location, enabling peer-to-peer distribution across a global network of nodes and eliminating single points of failure inherent in centralized storage. The primary public-facing product is the ipfs.io Public Gateway, which bridges the traditional HTTP web and the IPFS protocol by running Rainbow (an implementation of the IPFS HTTP Gateway API), retrieving IPFS content and serving it via standard HTTP. A secondary gateway, dweb.link, provides the same functionality. The gateways support trustless content verification, HTTP Range requests up to 5GiB via Cloudflare CDN, and content removal through the Bad Bits denylist.

The protocol is maintained by Interplanetary Shipyard on behalf of the IPFS Foundation, with infrastructure funded by donors supporting digital public infrastructure. IPFS operates on a freemium public-good model: the gateway is provided free of charge on an as-is basis, and no commercial pricing tiers or subscription plans are disclosed. Customer segments include web users and developers (primary), businesses and organizations seeking decentralized storage for data sovereignty, and — through a minor-tier partnership with Dyad — insurance and fintech companies integrating IPFS for embedded payments and content provenance. Go-to-market is community-led, relying on GitHub, the IPFS Forum, Filecoin Slack, and developer documentation rather than traditional sales channels.

The project has no disclosed commercial revenue model. Its only documented funding event dates to March 2016 with backing from Digital Currency Group and FundersClub. As a result, IPFS functions primarily as digital public infrastructure rather than a commercially monetized entity, with its strategic value embedded in the protocol's role as foundational infrastructure for the decentralized web.

IPFS firmographics

Firmographics
Name
IPFS
Legal name
IPFS Foundation
Website
https://ipfs.io
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
101–250 employees
Short description
IPFS is a decentralized, content-addressed storage protocol governed by the IPFS Foundation and operated by Interplanetary Shipyard, providing free public gateways (ipfs.io, dweb.link) that bridge HTTP browsers to the IPFS peer-to-peer network for developers, web users, and select enterprise segments.
Ownership category
akta.pro rank

IPFS industry classification

Industry
Product category
Decentralized Storage Protocol
NAICS
Wired and Wireless Telecommunications (except Satellite) (5171)
SIC
Services-Computer Integrated Systems Design (7373), Computer Communications Equipment (3576)
akta.pro primary industry
Decentralized Storage Networks (IPFS/Filecoin/Arweave, archival & retrieval) (FSAPALAA)
akta.pro secondary industry
Cloud Connectivity & Interconnect (Cloud On-Ramps, IX, Cross-Connects) (HDAIAFAF)

Keywords

  • Decentralized storage
  • Content addressing
  • Peer-to-peer protocol
  • Public gateway
  • Distributed web infrastructure

Where IPFS is headquartered

Location

Headquarters

HQ city
Palo Alto
HQ country
United States
HQ region
North America

Markets served

IPFS business model

Business model
GTM type
B2B and B2C
Offering type
Software
Cost components
Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales

Revenue model

  1. Public Infrastructure Funding: IPFS operates as a public good with the ipfs.io gateway provided free of charge. The project is funded by contributions from donors who wish to support digital public infrastructure. No commercial revenue model is directly disclosed.

Pricing tiers

ModelBillingPrice
FreemiumPay-as-you-goFree public gateway access

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

IPFS product offering

Product offering

Core offering

IPFS (InterPlanetary File System) is a decentralized storage and content-addressed networking protocol that distributes files across a peer-to-peer network using cryptographic content identifiers. The ipfs.io and dweb.link public gateways act as bridges between the traditional HTTP web and the IPFS protocol, retrieving IPFS content and serving it via standard HTTP for any web browser. The gateways are maintained by Interplanetary Shipyard on behalf of the IPFS Foundation and provided as a free public utility.

Product overview

IPFS (InterPlanetary File System) is a decentralized storage and content-addressed networking protocol. The IPFS.io Public Gateway is the primary public-facing product offering — a free gateway service that bridges the traditional HTTP web with the decentralized IPFS network. It listens for IPFS content requests, retrieves content via IPFS using the Rainbow implementation, and serves it via standard HTTP. The gateway supports trustless content verification, HTTP Range requests (up to 5GiB), and content removal via the Bad Bits denylist. The gateway is maintained by Interplanetary Shipyard on behalf of the IPFS Foundation and is intended as a public good for accessing the decentralized web.

Differentiator

Problem solved

Functional benefit

Brands

  • dweb.link: A public IPFS gateway for accessing decentralized web content

Products and services

  • IPFS.io Public Gateway A free public gateway that bridges traditional HTTP web browsers and the IPFS decentralized protocol. It listens for IPFS content requests, retrieves content via IPFS using the Rainbow implementation, and serves it over HTTP. Supports trustless content verification with CID checks and HTTP Range requests up to 5GiB via Cloudflare CDN.
  • dweb.link Public Gateway A secondary public gateway operated by the IPFS team with the same functionality as ipfs.io, providing free HTTP access to IPFS content globally.

Quantifiable outcome

  • Files up to 5GiB supported for HTTP Range requests via Cloudflare CDN

Companies that use IPFS

Customer profile

Segments3 records

Ideal customer profiles3 records

IPFS technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

IPFS partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Interplanetary ShipyardcoreStrategic or Co-development PartnerInterplanetary Shipyard maintains the ipfs.io and dweb.link public gateways on behalf of the IPFS Foundation. They manage the digital public infrastructure, handle community relations through Filecoin Slack and GitHub, and coordinate gateway operations and funding from donors supporting digital public infrastructure.
  • IPFS FoundationcoreOthersThe IPFS Foundation is the governing body for the IPFS project. The public gateways are operated on behalf of the foundation, which receives funding from donors supporting digital public infrastructure.

Scale indicators1 record

Recent moves1 record

Expansion highlights4 records

IPFS competitors and assessment

Company assessment

Direct peers

  • Pinata: Pinata is a commercial IPFS pinning and file management service that lets developers persist and serve content on the IPFS network. It is a direct commercial analogue for the public gateway function IPFS.io provides.
  • Arweave: Arweave is a decentralized storage network offering permanent, one-time-fee data storage using a content-addressed model similar to IPFS. It directly competes for the same Web3 permanent-storage use cases that IPFS gateways enable.
  • Filecoin: Filecoin is a decentralized storage network that builds on IPFS as its underlying content-addressing protocol and operates the largest commercial storage market layered on top of it. It is the most direct comparison for IPFS's protocol-level value and gateway ecosystem.
  • Sia: Sia is a decentralized cloud storage marketplace that rents storage from a global network of hosts. Like IPFS, it pursues censorship-resistant, distributed storage, although its commercial model differs.
  • Fleek: Fleek is a Web3 hosting and edge platform built natively on IPFS that offers pinning, gateways, and ENS-integrated hosting. It targets the same developer and decentralized-web audience as the IPFS public gateways.
  • Storj: Storj is a decentralized cloud storage network offering encrypted, distributed object storage with a commercial SLA-backed product. It competes with IPFS/Filecoin for the decentralized storage use case.

Emerging players

  • Consensys (Infura): Consensys, through Infura, offers IPFS API and gateway infrastructure alongside its Ethereum developer tooling. It overlaps with the IPFS gateway/pinning market with a more enterprise-oriented commercial posture.
  • Helia: Helia is a JavaScript implementation of IPFS for the browser and Node.js, including the inbrowser.link Service Worker gateway. It is an emerging alternative runtime that competes with the IPFS Foundation's Rainbow gateway for trustless, client-side retrieval.

Broad incumbents

  • Cloudflare: Cloudflare operates a public IPFS gateway alongside its broader CDN and edge platform, and is the CDN provider behind ipfs.io. It is the most significant incumbent operating in the same gateway/retrieval layer.
  • Amazon S3: Amazon S3 is the dominant centralized object storage service used by enterprises as an alternative to decentralized storage. It is the broad incumbent against which IPFS's decentralization and content-addressing benefits are pitched.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

IPFS social profiles

Digital presence

IPFS financial estimates

Financial estimate

Revenue estimate

Valuation estimate

IPFS leadership team

Management profile

Number of profiles

Profiles1 record

IPFS funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

IPFS M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IPFS

What does IPFS do?

IPFS (InterPlanetary File System) is a decentralized storage and content-addressed networking protocol that distributes files across a peer-to-peer network using cryptographic content identifiers. The ipfs.io and dweb.link public gateways act as bridges between the traditional HTTP web and the IPFS protocol, retrieving IPFS content and serving it via standard HTTP for any web browser. The gateways are maintained by Interplanetary Shipyard on behalf of the IPFS Foundation and provided as a free public utility.

Is IPFS a public or private company?

IPFS is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was IPFS founded?

IPFS was founded in 2014. It employs 101 to 250 people.

Where is IPFS based?

IPFS is headquartered in Palo Alto, United States, in the North America region.

How does IPFS make money?

One revenue line is on record: public Infrastructure Funding.

Who are IPFS's main competitors?

Direct peers on record are Pinata, Arweave, Filecoin, Sia, Fleek and Storj. Emerging players are Consensys (Infura) and Helia. Broad incumbents are Cloudflare and Amazon S3.

Does IPFS have an API?

Yes. The ipfs.io gateway runs Rainbow, an implementation of the IPFS HTTP Gateway API (specs.ipfs.tech/http-gateways), which listens for IPFS content requests, retrieves content via IPFS, and serves it via HTTP. The gateway supports trustless content types enabling verifiable retrieval, and HTTP Range requests for files up to 5GiB. Clients can implement their own CID verification as a foundational part of IPFS. Developer documentation is at specs.ipfs.tech/http-gateways.

What industry is IPFS in?

IPFS's product category is Decentralized Storage Protocol. Its primary akta.pro industry code is FSAPALAA, Decentralized Storage Networks (IPFS/Filecoin/Arweave, archival & retrieval), with a secondary code of HDAIAFAF, Cloud Connectivity & Interconnect (Cloud On-Ramps, IX, Cross-Connects). Its NAICS code is 5171 and its SIC code is 7373.

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Live signals
AInvestEveryone Uses IPFS. Nobody Pays for It. Now Its Maintainers Are Gone.Interplanetary Shipyard, the nonprofit collective that maintains IPFS software and runs its public gateways, said it will cease all IPFS work on September 30 after Protocol Labs stopped funding it. Shipyard had tripled gateway capacity and cut costs by about 80%, but six projects including Kubo, Helia, Boxo, Rainbow, IPFS Desktop and IPFS Companion will lose dedicated maintainers. Protocol Labs plans to shift stewardship to IPFS Foundation grants to individual maintainers, with no details announced.SETI InstituteFirst Contact: Global team simulates message from extraterrestrial intelligence to EarthThe SETI Institute, in collaboration with the European Space Agency and several observatories, simulated receiving an extraterrestrial message using the ESA's ExoMars Trace Gas Orbiter on May 24, 2023. The encoded signal was detected by three radio astronomy facilities: the Allen Telescope Array, the Green Bank Observatory, and the Medicina Radio Astronomical Station. The processed data was stored via IPFS and made available to the public for decoding and analysis.Insurance Journal5 Reasons Embedded Payments and Premium Finance Are Becoming Core MGA InfrastructureDyad announced a new partnership with IPFS and AndDone to integrate embedded premium finance and insurance digital payments into its ALIS DX platform, enabling MGAs, wholesalers, and program administrators to manage quoting, financing, and payments within a single workflow. The article outlines five business benefits of embedded payments as MGA infrastructure: unified workflows reducing quote-to-bind friction, automation lowering operational errors, real-time cash flow visibility, increased bindability through flexible payment options, and simplified architecture supporting scalability. As embedded payments and premium finance become more standard in the industry, MGAs adopting these capabilities are expected to achieve faster operations and stronger client relationships.BlockmanityConvergence of blockchain and IoT for Managing Decentralized Medical RecordsThe article discusses a technical architecture for decentralized medical records that integrates IoT sensors with Hyperledger Fabric blockchain and IPFS storage to ensure secure remote patient monitoring. This system allows for the real-time tracking of patient vitals and the immutable storage of large medical reports, achieving high throughput and reliability in benchmarks. The solution aims to address privacy concerns and data security challenges inherent in traditional centralized healthcare databases.AInvestWeb3's Decentralized Promise Threatened by Reliance on Centralized Cloud InfrastructureWeb3's decentralized promise is undermined by reliance on centralized cloud infrastructure, as DApps depend on services like AWS, Google Cloud, or Azure. Outages affecting Solana and Ethereum during U.S. sanctions or high traffic exposed single points of failure. The author argues decentralized protocols like IPFS and Pocket Network are essential for resilience.IEEE SpectrumUtilization of Decentralized Finance (DeFi) and Distributed Ledger Technology (DLT) in Banking operationsThis academic paper proposes a decentralized financial trading model for banking operations utilizing the AAVE protocol, Chainlink oracles, and IPFS. The study aims to demonstrate how Distributed Ledger Technology (DLT) and Decentralized Finance (DeFi) can automate processes and replace traditional intermediaries in banking.MediumImmaterial Computing: Democratizing SupercomputingThe article presents a theoretical framework for "immaterial computing," a decentralized paradigm that integrates blockchain, AI, and distributed storage to democratize access to supercomputing power. It proposes replacing traditional hardware dependencies with user-centric ecosystems using technologies like IPFS, Ethereum, and LLMs to enhance data sovereignty and efficiency. The text also explores future applications involving neurotechnology and biosensing to create emotionally responsive digital environments.Business Wire BlogIntroducing Novel, A No-Code Platform to Simplify the Web3 Commerce ExperienceNovel, a no-code Web3 commerce platform, launched on Shopify and raised $6 million in seed funding led by Lerer Hippeau. The platform mints NFTs on Polygon and includes timed reveals via IPFS. The funding will support hiring and product development as the company expands its Shopify rollout.FilecoinOpenSea stores NFTs with IPFS and FilecoinOpenSea has launched a feature enabling NFT creators to "freeze" metadata by using IPFS for content addressing and Filecoin for decentralized storage, making NFT metadata immutable and permanently stored on a decentralized network. The feature addresses common issues with traditional location-based URLs such as broken links, 404 errors, and "rug pulls" where creators could alter or delete NFT content. This development represents a broader trend toward decentralized storage solutions in the web3 ecosystem, improving long-term reliability and creator trust in NFT marketplaces.GlobeNewswireCrossFi, Filecoin, IPFS, and Kava are Pushing the Boundaries of DeFiCrossFi partnered with IPFS, Filecoin, and Kava to provide liquidity for staked digital assets, including Filecoin's FIL token. The collaboration aims to increase liquidity for DeFi users, with Kava supporting the protocol. The partnership is expected to expand usability of blockchain technology.