Fileverse, a Web3 startup aiming to provide alternatives to popular Google products, has launched ddocs, a blockchain-based collaborative document-sharing platform. This new product emphasizes enhanced privacy and integrates multiple Web3 features, setting it apart from traditional document-sharing solutions.
The startup is supported by several prominent Web3 companies and investors, including the crypto venture capital firm Factor, angel investor Balaji Srinivasan, and blockchain entities Gnosis Chain and Safe. The founder of Fileverse, Andreas Tsamados, informed The Block that the development of this product has been ongoing since 2022. The project has successfully completed several closed funding rounds through the Web3 crowdfunding platform Gitcoin.
Building on Gnosis Chain: A Seamless User Experience
The Fileverse team has built ddocs on the Gnosis chain, aiming to position it as a competitor to Google Docs while ensuring an easy transition for users. The platform allows users to access this decentralized alternative simply by typing ddocs.new into their browser’s URL search, mimicking the familiar ease of creating new Google Docs with docs.new.
Fileverse clarified in a press release that ddocs does not necessitate users to be well-versed in cryptocurrency. However, it supports multi-signature wallet accounts powered by the Gnosis chain, enabling users to store hashed versions of documents on the blockchain. This feature acts as a registry for the content saved, providing a hash that represents the information in the document when it is published on the InterPlanetary File System (IPFS). Regardless of the circumstances, users always have a view of their documents list that exists off-chain in a peer-to-peer network.
The introduction of ddocs signifies a significant step in the evolution of document-sharing platforms, bringing the advantages of blockchain technology to enhance privacy and user control. This development is part of Fileverse’s broader mission to create decentralized alternatives to widely used Web2 products, offering users greater autonomy and security in their digital interactions.