Author of the article: You can save this article by registering for free here. Or sign-in if you have an account. Box is a home-based server offering stability, security and savings, all in hardware small enough to fit on the corner of your desk. TORONTO — Functionland, a Web3 startup that attracted investments of USD 1.1M+ via a heavily oversubscribed early funding round, is about to launch its first product: Box by Functionland. Box is a plug-and-play blockchain device that promises to free users from a range of online subscription services, including photo storage, file sync, secure password backups and more. At the same time, Box offers virtually limitless storage opportunities thanks to its “blockchain-attached storage” solution. Subscribe now to read the latest news in your city and across Canada. Subscribe now to read the latest news in your city and across Canada. Create an account or sign in to continue with your reading experience. Create an account or sign in to continue with your reading experience. “Our Box is really the first physical vestige of Web3,” said Keyvan M. Sadeghi (CEO and Co-founder, Functionland). “For a small initial investment, Box allows people to save money, own and control their own data, and become part of the network, rather than pay monthly for that right. It’s also the first open-source monetization platform in the industry to reward independent software developers. It’s a step toward democratizing the internet while improving the way the internet works for us – individual users – all over the world.” Box’s software is entirely open-source, meaning users will be able to pick and choose apps to install for free. Some of these – like Functionland’s photo and video storage app – are ready to be downloaded in iOS and Android when Box ships, while others are in development or scheduled for release. (In 2021, Functionland’s photo and video storage app, Photos, was recognized by developers on Github as in the top 3% of open-source apps worldwide.) “Box works exactly the way existing storage and share services work, minus the monthly fees,” said Ehsan Shariati (CTO and Co-founder, Functionland). “It provides complete, fully-encrypted privacy for anything you store on it – photos, personal files, cell phone backups and more.” Thanks to Box’s blockchain-attached storage system, data is stored across the global Box-user network. This means that even in the event an individual Box is broken, lost or stolen, that user’s data remains secure and available, downloadable and shareable anywhere there’s an internet connection. [Get 50% Off on Launch Day] Box will be available for the first time on Kickstarter: click here to subscribe, get notified and enjoy 50% off on launch day. View source version on businesswire.com: https://www.businesswire.com/news/home/20220301005025/en/ Contacts Ehsan Shariati, CTO, Ehsan@fx.land, +1 416-476-6122 #distro Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. 365 Bloor Street East, Toronto, Ontario, M4W 3L4 © 2024 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. You can manage saved articles in your account. and save up to 100 articles! You can manage your saved articles in your account and clicking the X located at the bottom right of the article.
Summary: Author of the article: You can save this article by registering for free here. Or sign-in if you have an account. Box is a home-based server offering stability, security and savings, all in hardware s…