SingularityDAO Incubation Partnership — Functionland

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SingularityDAO Ai-DeFi

4 min readAug 6, 2024

SingularityDAO is excited to announce our incubation partnership with @functionland, a pioneering company that leverages unused computer resources to create a decentralized, cost-effective cloud storage solution with full user control and superior functionality.

This collaboration aligns perfectly with SingularityDAO’s mission to foster innovation and sustainable growth within the blockchain ecosystem.

About Functionland

Functionland is at the forefront of decentralized cloud storage, offering a unique solution that uses unused computer resources to provide a secure, efficient, and cost-effective alternative to traditional cloud storage. The Fula platform, Functionland’s flagship product, combines blockchain technology with cutting-edge hardware to give users complete control over their data.

https://docs.fx.land/assets/files/FulaWPV0_3-25bb202a5fe790768d9c66a25fcde482.pdf

Key Features and Innovations:

Blockchain Attached Storage (BAS): An innovative approach to cloud storage that ensures data security and decentralization.
Fula Network: A peer-to-peer architecture designed with open protocols and specifications like libp2p and IPFS, ensuring interoperability and future-proofing for all ecosystem participants.
Decentralized Applications (DApps): Applications like FxBlox, Fx Fotos, and Fx Files provide rich user experiences without locking users into a single platform.

Product Offerings

Functionland offers two primary products that embody its vision for decentralized storage and computation:

Blox as a Service (BAS)

Functionland fills a significant gap in both Web2 and Web3 by offering a freemium option for consumers to compute on and store large data sets. Similar to how Web2 companies offer limited free storage with account creation, Functionland’s Bloxes empower the decentralized storage network, providing basic services for free and premium features as paid options.

Blox Hardware

Functionland’s ARM-based single-board computers (SBCs) are designed to provide high performance while consuming minimal energy.

The company currently offers two models. You can view them here.

Milestones and Partnerships

Functionland has made significant strides since its inception, showcasing its potential to revolutionize the cloud storage industry.

Over 1,000 Nodes: Launched with more than 1,000 nodes and over 1 petabyte of storage capacity.
DApps Success: Three decentralized applications live with over 1,500 downloads.
Revenue Growth: Generated $500K in sales from committed nodes within the first year.
Testnet Traction: Registered 108,000 people for the testnet waiting list.
Successful Shipments: Shipped 900 orders successfully.
Testnet Launch: Launched on Polygon Amoy.

Strategic Partnerships

Backers: Protocol Labs (Filecoin), Parity (Polkadot), Koii, Outlier Ventures, Techstars, SingularityDAO, and several others globally.
Corporate Collaborations: Close cooperation with leading companies and institutions to enhance blockchain and cloud storage technologies.

Strategic Alliance: SingularityDAO and Functionland

SingularityDAO and Functionland are joining forces to revolutionize decentralized cloud storage and compute services. Functionland will leverage SingularityDAO’s extensive network and marketing capabilities to enhance its visibility and reach a larger audience.

As part of the SingularityNET ecosystem, Functionland gains access to potential new partnerships and integrations, driving further innovation and collaboration within the decentralized space. This strategic alliance will accelerate Functionland’s growth and impact, creating a more open and efficient digital landscape.

Learn More — Functionland

Join us on this transformative journey as we blend decentralized cloud storage with blockchain technology. Discover more about Functionland, explore their innovative products, and stay connected for the latest developments.

About SingularityDAO

SingularityDAO is a decentralised portfolio management protocol designed to revolutionise crypto asset management. With its non-custodial approach, superior risk management tools, and AI-enhanced analytics, SingularityDAO allows anyone to manage digital assets effectively and safely. The platform focuses on fostering an ecosystem of digital asset managers who can provide automated, intelligent trading strategies.

As a community-centric project, SingularityDAO promotes open dialogue and transparency. It empowers its community by offering the opportunity to shape the protocol’s development through liquid democracy. Holders of SingularityDAO Governance Tokens (SDAO) can vote on key decisions, guiding the protocol’s evolution, and driving progressive decentralisation. This inclusive approach ensures a steady and well-considered transition towards complete control by the DAO.