According to Coindesk, Protocol Labs, a blockchain developer launched a multi-million dollar cost research funding program. The start-up was the backstage supporter of the blockchain data storage networks Filecoin, IPFS and Coinlist. On Tuesday, the company announced a RFP, which would invest $5 million in cryptocurrency researches for the first time; its blog stated that successful bidders would receive $5000 to $200000 in funding.