$ 31,026
$ 1,279.9
$ 124.62

Filecoin looks to weeklong conference for stability following Whipsaw launch

After two days of wild volatility for FIL, Filecoin’s Liftoff Week conference aims to chart a path forward.

Two days after a whiplash-inducing launch that saw Filecoin’s FIL token rocket 118% before a nearly 80% plunge, the blockchain-based data storage platform turns now to a weeklong digital conference in the hopes of righting the ship.

Billed “Filecoin Liftoff Week,” the event is centered on education, infrastructure, interoperability, and future plans for the project. Kicking off October 19th, 2020, the five days of programming feature a different theme each day, such as “Build” and “The Future.”

Counted among the high-profile speakers are ConsenSys founder Joe Lubin, who will be participating in a fireside chat on “Bridging Filecoin and Ethereum”, and Internet Archive founder Brewster Khale, who will be discussing “the importance of data preservation.” Other speakers include Aave CEO Stani Kulechov, Codefi Head of Product Corbin Page, and Polychain Capital founder Olaf Carlson-Wee.

Oct. 20th’s “Mine” day will be a particular highlight for prospective miners. The programming will be devoted to Filecoin mining talks, workshops, and panel discussions. Filecoin’s mining system offers greater rewards to miners who provide storage space to the network; independent miner Benjamin Hoesjbo will also be providing a tutorial.

Community members have also been invited to submit their own “events and celebrations” to be added to the official programming. Attendees can view the full programming here.

The event comes as the FIL asset seeks to find a bottom after reaching a $208 Oct. 15th high. It currently trades at $42.52.

Despite the plunge, the Filecoin team remains optimistic about the project’s future prospect.

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Crypto Stats

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin31,026 0.68 % 3.43 % 14.07 %
Ethereum1,279.9 0.08 % 4.29 % 7.49 %
Tether1.000 0.11 % 1.06 % 0.49 %
Polkadot15.60 0.64 % 7.16 % 5.45 %
XRP0.2565 0.67 % 4.19 % 12.92 %
Cardano0.3200 0.18 % 6.79 % 13.37 %
Chainlink21.31 0.20 % 5.99 % 2.25 %
Litecoin124.62 0.84 % 6.83 % 18.78 %
Bitcoin Cash383.44 0.10 % 9.45 % 24.99 %
Binance Coin41.17 0.36 % 0.48 % 4.04 %