Fileverse - A Trustless Stack to Decentralize Knowledge and Collaboration

Web2 file storage relies heavily on centralised entities, which have mostly outgrown their competitors, establishing a quasi-monopoly. The reasons for this are twofold: enormous operating costs and seamless user experience (e.g. social logins and account recovery), which, until recently, could only be solved through centralisation. Add to this the reluctance to change platforms as users need to re-upload their files, and you get an ossified user base. However, data leaks and hacks are a constant threat to users’ privacy, and indicate the disruptive potential of decentralised file storage and sharing.

We were joined by Andreas Tsamados & Vijay Krishnavanshi, co-founders of Fileverse, to discuss their decentralised file sharing solution and how they plan to disrupt the Web2 quasi-monopoly.

Topics discussed in this episode:
0:00 - Introduction, Gnosis ad, Chorus One ad
2:51 - Andreas’ and Vijay’s backgrounds
11:12 - Returning to the P2P roots of the Internet
15:49 - Web2 vs. Web3 user experience (UX)
17:45 - Business models for Web2 data
21:56 - Decentralising data
29:05 - Web3 data storage
37:57 - Costs of data storage
43:26 - Managing file updates and permissions
47:09 - Fileverse use cases
53:18 - The business model of Fileverse
56:30 - Improving UX
1:01:43 - Future roadmap

Links mentioned in this episode:
- Andreas Tsamados on Twitter: https://bit.ly/4b6rdKm
- Vijay Krishnavanshi on Twitter: https://bit.ly/3SoJpaF
- Fileverse on Twitter: https://bit.ly/3OawrKX

Sponsors:
- Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at gnosis.io -
- Chorus1: Chorus One is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at https://chorus.one/?utm_source=epicenter -

This episode is hosted by Friederike Ernst. Show notes and listening options: https://epicenter.tv/531
#Fileverse #ethereum #data