DLTx is further strengthening its position as one of the fastest growing Filecoin participants in the USA through onboarding of verified deals. The pipeline for verified deals is strong and the company sees increased flow going forward.
As with most industries over the past 18 months, the company experienced supply chain issues resulting in delays in receiving and installing hardware for the Filecoin expansions. All hardware has been received and DLTx Cloud is ready to ramp up FIL-production as a result.
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A core focus for DLTx Cloud is the onboarding of Verified Deals under “Filecoin Plus”, a commercial incentive programme being run by Protocol Labs (the founders of Filecoin). These Verified Deals are rewarded by 10x the adjusted power (and thus Filecoin mined) related to the actual stored data size. DLTx is consistently adding 100TiB of Verified Deals (which equals 1PiB of adjusted power and rewards) per week, on top of the base raw storage growth. This amount is increasing each month.
Due to DLTx’s strong reputation amongst the Filecoin Storage Provider community and its enterprise scale Filecoin installation in the US, DLTx has been selected to store 10PiB of Verified Deal data in an upcoming project recently announced on the Filecoin Github. This will be onboarded between May and July and result in 100PiB of adjusted storage which is estimated to generate approx. 300,000 of incremental FIL in the next 12 months.
DLTx Cloud reached its targeted FIL production in Q1 and believes it will surpass internal goals for Q2 and going forward. Currently the verified deals are adding up daily and DLTx is building a strong pipeline of verified deals to significantly increase these numbers in the coming period.
“I am very happy that we are on track with our fil-production. Currently we are seeing a huge influx of Verified Deals, that will help us reach and possibly surpass earlier estimates in regard to fil-awards. Going forward we have a very positive view and see many opportunities within our industry. Moving towards Q1 and capital markets day, we hope to announce more updates and news”, says Thomas Christensen, Chief Executive Officer.
For further information, please contact:
Thomas Christensen, CEO, +47 922 55 444
Andreas Arnesen, Investor Relations, +47 952 55 816
About DLTx | www.dltx.com
DLTx is an enterprise infrastructure provider for DAOs and public blockchains. DLTx partners with best-in-class protocols enabling mining and services at scale. The management and advisory board have considerable experience within the blockchain ecosystem. DLTx supports core developers, runs validation nodes, hold governance tokens and advise companies with the right technology, teams and market prospects succeed.
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