Filecoin announced its testnet launch in December and mainnet launch next year

Filecoin ($FIL), a blockchain data storage network that will allow users to buy and sell unused storage on an open market, has finally announced updated testnet and mainnet launch schedule, The Block reports. In a blog post on Tuesday, Filecoin said the network will launch testnet on December 11, while the mainnet is planned for March 2020. The project, run by Protocol Labs, has been delayed at least twice. The latest schedule is also the firm’s “best estimates” and “could potentially slide." Filecoin said:

"We are not yet announcing a mainnet launch date, but we expect it to be 1-2 quarters after our testnet launch. We will post the exact launch date in Q1 2020."