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title: The Rich History of Filecoin Network&#x27;s FIL Token | daily.dev
description: Protocol Labs has a rich history dating back to Protocol Labs&#x27; vision for decentralized storage. The 2017 FIL Sales raised over $205 million for Filecoin&#x27;s...
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# The Rich History of Filecoin Network's FIL Token

**[Hacker Noon](https://daily.dev/sources/hackernoon)** · 1 min read · 0 upvotes · 0 comments

## Summary

Protocol Labs has a rich history dating back to Protocol Labs' vision for decentralized storage. The 2017 FIL Sales raised over $205 million for Filecoin's development, with investors anticipating growth. With a capped supply of 2 billion FIL, the mainnet launched in 2020.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://hackernoon.com/the-rich-history-of-filecoin-networks-fil-token?source=rss>

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---

Tags: [#mainnet](https://daily.dev/tags/mainnet), [#venture-capital](https://daily.dev/tags/venture-capital)

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