On Saturday, the Filecoin Foundation announced via X that Gelato Web3 Services are now live on Filecoin. With Gelato Functions & Relay, developers can build automated gasless UX, like Drips’ auto-fund distribution for open-source Apps.
Filecoin is a decentralized storage network that serves as an incentivization layer on top of the InterPlanetary File System (IPFS). FIL is down 1.5% in the past 24 hours and is currently trading at $7.563.