Quick take:
- Last week, Fileverse unveiled its collaboration document-sharing program dubbed ddocs.
- The program brings higher levels of user privacy and several web3 features.
- The Web3 startup also boasts backing from crypto VC Factor, angel investor Balaji Srinivasan and blockchain companies Gnosis Chain and Safe.
Fileverse, a Web3 startup developing alternatives to Google products has unveiled ddocs, a blockchain-based collaborative document-sharing program that boasts more privacy and multiple Web3 features.
The company boasts backing from some of the leading Web3 companies and investors including crypto VC firm Factor, angel investor Balaji Srinivasan and blockchain companies Gnosis Chain and Safe.
The peer-to-peer file-sharing startup founder Andreas Tsamados told The Block that the product has been in development since 2022, having completed closed funding rounds via the Web3 crowdfunding platform Gitcoin.
Built on the Gnosis chain, the Fileverse team describe ddocs as a competitor to Google docs and has built it with the easier transition for users in mind.
“Just as people can create new Google docs by writing docs.new into their browser URL search, people will now be able to access the decentralised alternative by typing ddocs.new,” Fileverse wrote in a press release.
Ddocs does not require users to be crypto-native, but it does support multi-sig wallet accounts powered by the Gnosis chain, which enables users to store hashed versions of the documents on-chain.
“It acts as a registry for the content that you’re saving. When you publish a document on IPFS (InterPlanetary File System), you get a hash that represents the information in the document,” Tsamados said, adding, “Whatever happens, you always have a view of your list of documents that exist off-chain in a peer-to-peer network.”
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