TORONTO–(BUSINESS WIRE)–Functionland, Inc., pioneers of Blockchain-Attached Storage (BAS) and makers of the web3 home server known as Box, announced a partnership with Formidable, a global software company. Formidable will build apps that run on Box and store data on its BAS software solution.
Functionland is generating considerable interest for Box and BAS. The company’s first seed funding round in early 2022 was oversubscribed by 40%, and its indiegogo crowdfunding campaign exceeded its goal within four minutes of its launch. The campaign ended with over $0.5 million in funding from nearly a thousand individual backers.
Box is a turnkey, plug-and-play hardware device that runs applications and enables secure, decentralized application storage. It also incentivizes app developers and Box owners to share storage and compute resources with other owners.
Formidable is an innovative engineering design and software company that partners with customers to build solutions for cloud, mobile, and the modern web. They are also rich open source contributors and have worked on a number of React projects including Victory, urql and Spectacle.
Functionland will work closely with Formidable, developing a number of utility applications. “We want to bring a Box into every home, where people can use it for their most common daily computing needs, like sharing files and photos,” said Keyvan Sadeghi (CEO, Functionland). “Formidable has a solid track record in creating innovative software solutions. We look forward to working with them to develop useful and engaging apps for Box.
“Functionland is transforming the cloud with Box and its blockchain-attached storage,” said Carlos Kelly, CTO, Formidable. “We look forward to integrating a few key dApps into the Box ecosystem to drive adoption and rapid growth of this new category of storage that offers an innovative alternative to the cloud.”
“This partnership is an exciting development,” said Ehsan Shariati (CTO, Functionland). “Starting the ecosystem with high-utility apps is a key driver for us. Formidable brings deep expertise in web-based software development, and we look forward to collaborating with them to bring file management apps and password management to our users, as well as expanding our efforts to other blockchain applications in the future.