Singapore – 01/03/2024 – (SeaPRwire) – The Institute of Free Technology is a new startup studio model launched to foster innovation and defend digital liberties. Its portfolio comprises Status, Nimbus, and Logos, among other projects.
The Institute of Free Technology (IFT) startup studio represents an evolution of the organisation founded by Jarrad Hope and Carl Bennetts, emerging from Status and reflecting growth, maturity and the diverse array of projects within the organisation’s portfolio. IFT is a mission-driven technology startup studio designed to take ideas from the drawing board to market with financial, technical, legal, people operations, and brand-building support.
The IFT’s portfolio consists of:
Status – A blockchain-based super app that combines private messaging, a wallet, a DApp browser, and tools for web3 community management.
Nimbus – A lightweight Ethereum client implementation designed to reduce hardware requirements for solo stakers and increase efficiency for institutional staking service operators.
Logos – A movement supporting the development of the decentralised web. Logos technologies lay the foundations for a freer internet upon which communities can evolve into network states.
Waku – A family of generalised peer-to-peer communications protocols. Private, censorship-resistant, modular, and scalable by design.
Codex – A decentralised storage engine with strong censorship resistance and durability guarantees.
Nomos – A sovereign, modular, zk-encrypted network of blockchains.
Keycard – A discreet, convenient, affordable hardware security solution for crypto assets. It takes the form of a credit card.
Status is routinely in the top crypto projects by GitHub activity and featured prominently in the Electric Capital 2023 developer report. It is nearing its anticipated 2.0 release, which will allow users to mint and airdrop tokens, and create token-gated permissions to join and post in its communities.
The Logos movement has rapidly gained momentum amongst privacy advocates, with Edward Snowdon and Stella Assange recently appearing on the Logos podcast.
Ethereum Founder Vitalik Buterin notably recognised Waku as the successor to Whisper, the original peer-to-peer communications protocol for Ethereum. Waku has been integrated by Status, Railgun, and The Graph.
There are over 220 individual contributors across the IFT and the startups it incubates.
IFT Co-founder Carl Bennetts said on the launch: “We’re all hugely excited by this next evolution of the organisation. The IFT allows each of the existing projects in the portfolio to focus their efforts on building public goods to safeguard civil liberties in the digital age. It also means we have the structure in place to support new startups that share our mission.”
About the Institute of Free Technology
The Institute of Free Technology (IFT) is a visionary startup studio at the forefront of fostering innovation and defending digital liberties. Founded with a mission to support the development, adoption, and accessibility of solutions to digital age problems, IFT serves as a catalyst for transforming groundbreaking ideas into impactful market realities.
Media Contact
Brand: Institute of Free Technology
Contact: Amelia Trapp
Links on social media: https://twitter.com/InstituteFT
Website: free.technology
SOURCE: Institute of Free Technology
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