Filecoin Foundation Donates $10 million in FIL to Internet Archive The Internet Archive is responsible for the Wayback Machine. In brief The Filecoin Foundation, an independent organization orbiting the cryptocurrency Filecoin (FIL), is donating nearly $10 million to Internet Archive. Internet Archive is a nonprofit that preserves e-books, TV, old website caches, and other forms of digital ephemera. The Filecoin Foundation, an independent organization orbiting the cryptocurrency Filecoin, is donating 50,000 FIL tokens (worth nearly $10 million at today’s prices) to Internet Archive. It’s the single largest outside donation in the nonprofit’s history, according to press materials. Internet Archive is responsible for the Wayback Machine, a free library of cached websites, and preserves TV shows, books, audio recordings, and other forms of digital ephemera on its site.