NEW YORK, May 11, 2022 – (ACN Newswire) – NexBloc (https://nexbloc.com) today announced its acceptance into the Filecoin Faber Accelerator (FFA). The FFA offers workshops, peer mentorship, expert advice, access to investment, and support beyond the end of the program. NexBloc will work closely with mentors such as Protocol Labs, MetaMask, The Graph and others to refine their business strategy and product fit for market success.
NexBloc develops an infrastructure for the decentralized web with its domain naming system (dDNS) to make Web 3.0 a usable ecosystem of connected websites and applications. They use an omnichain approach by creating root domains on the main blockchains and then interconnecting any blockchain for using a consistent naming path.
According to the Faber team, “The Filecoin Faber accelerator was born out of a partnership between Faber (https://faber.vc) and Protocol Labs (https://protocol.ai) to help foster the development of the next The partnership combines Faber’s experience as an early-stage, cutting-edge technology venture capitalist and Protocol Labs’ Web3 expertise to help entrepreneurs build the building blocks of successful new businesses on the decentralized web.
Dana Farbo, Founder and CEO of NexBloc, said, “We are proud to have been selected by Faber and the Filecoin and IPFS teams at Protocol Labs to represent the decentralized DNS space for the accelerator. We believe that a proper domain naming system that is interoperable with other pioneers in the space paves the way for a user-friendly, secure, and scalable decentralized Internet.”
NexBloc is building the next generation of the Internet with decentralized DNS at its core. Digital entities linked to the decentralized Web are the future of the protection and use of personal data.
Founded as an American company in 2020, NexBloc uses technology stacks to create custom deployments of dDNS systems. They currently have over ten private decentralized top-level domains (dTLDs) in various forms of deployment.
– Domain website: https://domain.nexbloc.com/
– Website: https://www.nexbloc.com/
– LinkedIn: https://www.linkedin.com/company/80164369
– Medium: https://medium.com/nexbloc
– Telegram: https://t.me/nexbloc
Faber is a Lisbon-based venture capital firm investing in teams transforming the world through technology.
The firm combines a specialized focus on deep-tech early-stage startups with themed funds, dedicated investment teams and expert advisors to actively help founders build global companies fueled by cutting-edge technologies.
Investing since 2013 with a unique approach in Southern Europe, the company was one of the first investors in hard tech companies such as Unbabel, SWORD Health, Codacy or YData. Alongside its AI/data and ClimateTech focused funds, Faber has now launched a web3 focused investment and accelerator program in partnership with Protocol Labs. faber.vc
About Protocol Labs and Filecoin
Protocol Labs is an open source research, development and deployment laboratory. Our projects include IPFS, Filecoin, libp2p and many more. Our goal is to improve orders of magnitude of human existence through technology. We are a fully distributed company. Our 100+ member team works remotely and outdoors to improve the internet – humanity’s most important technology – as we explore new advancements in computing and related fields. protocol.ai
Filecoin, the world’s largest decentralized network, allows users to store, request, and transfer data through a verifiable marketplace. Filecoin is completely open-source, allowing people around the world to participate. The Filecoin protocol operates on an advanced and innovative proof system – a combination of Proof of Space-Time (PoSt) and Proof of Replication (PoRep), to provide unparalleled efficiency and reliability. Filecoin’s advanced technology provides a solid foundation for storing the world’s most valuable datasets. An alternative to expensive cloud storage, the Filecoin network offers cost-effective, geographically decentralized storage, minimizing financial barriers and allowing users to take advantage of its unparalleled network capabilities. www.filecoin.io.
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