FileThetic

🎯 The Problem

In today's data-driven world, organizations face critical challenges:

• Data Scarcity: High-quality datasets are expensive, rare, and often inaccessible
• Privacy Concerns: Real data contains sensitive information that cannot be shared
• Regulatory Compliance: GDPR, HIPAA, and other regulations limit data usage
• Centralized Control: Traditional data marketplaces are controlled by big tech companies
• Trust Issues: No way to verify data quality or authenticity before purchase
• High Costs: Enterprise datasets cost thousands of dollars with restrictive licensing

The global synthetic data market is projected to reach $2.3 billion by 2030, yet current solutions are fragmented, centralized, and lack transparency.

🌟 What Makes Us Different

🔐 Decentralized & Trustless

• No central authority controls your data or transactions
• Smart contracts ensure transparent, automated operations
• IPFS and Filecoin provide censorship-resistant storage

🤖 AI-Verified Quality

• Integration with verifiable Large Language Models (LLMs)
• Cryptographic proof of data generation process
• Quality metrics and authenticity verification

💰 Fair Monetization

• Creators set their own prices and retain majority revenue
• Transparent fee structure (1.5% protocol fee)
• Instant payments via USDFC tokens

🛡️ Privacy-First

• Synthetic data eliminates privacy concerns
• No real personal information exposed
• Compliant with global data protection regulations

We have used Solidity smart contracts for the marketplace, NFT ownership, and a cryptographic verification system for AI-generated data, secured by OpenZeppelin. It uses IPFS and Filecoin for immutable, decentralized storage, integrated via the Lighthouse Web3 SDK. It uses FilCDN for content delivery and USDFC token for seamless purchase of decentralized storage on filecoin network. The frontend is a modern Next.js app with Wagmi and RainbowKit for seamless Web3 connectivity. We have a hybrid on-chain/off-chain verification model and gas-efficient access control with automatic fee distribution, creating a secure and scalable platform for synthetic data.