Nagu Thogiti, the initial collaborative developer of blockchain technology, Web 3.0 and IPFS, also known as Filecoin, recently joined Filecoin’s second-layer Project Folder Protocol as chief technology officer. The decentralized web protocol IPFS token is expected to accelerate business expansion by reinforcing the technology of “Folder Protocol” that compensates for the technological limitations of Filecoin.
As one of the early members of blockchain development, he had a crucial role in the development of mutual technology partnerships between Protocol Labs and Filecoin through the establishment of second-layer technology for enterprise-scale decentralized storage. He is an expert in the field of Big Data, fintech, blockchain and artificial intelligence, with more than 20 years of experience and professional accreditations from the Massachusetts Institute of Technology. Thogiti has worked on numerous projects with AI teams and engineers from Google, Adobe, Amazon, Facebook, and IBM and was recently the head of analytics at TeamViewer.
Thogiti’s early contribution to Ethereum came through designing and developing secure audits for smart contracts for projects such as Filecoin, which recorded the largest initial coin offering by raising $205 million in 2017. Filecoin is a Web 3.0 protocol IPFS decentralized storage project with the goal to replace HTTP, the existing centralized web protocol, and has been listed on major global exchanges after the mainnet launched in July, exceeding the market cap of $1.1 billion.
In addition to Thogiti’s brilliant history, there is another factor behind his move to attract the attention of industry insiders. The newly joined project Folder Protocol is to be the extension of Filecoin, where it will support the problems of the existing IPFS network to prevent the issues of node concentration and file loss, making it possible to easily establish a peer-to-peer network and allowing users to obtain rewards for contributing to the ecosystem.
Folder Protocol is looking forward to moving to the next level with Thogiti’s achievements and technological insights brought from his experience from Ethereum and Filecoin. An industry insider said: “The experience of Nagu Thogiti, who served as a protocol security advisor and designer for a number of blockchain startups, including GoToken, Science Blockchain, WandX and Rublix, or as an engineering and smart contract security audit, will greatly strengthen the technology of Folder Protocol. He is expected to play an important role in making a leap forward in the decentralized storage industry.”
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