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Filecoin is a storage network designed to store humanity’s most important information. It is a decentralized protocol that works as a cloud-based storage system operated by its users, rather than a central owner. It works by splitting up data and storing it on multiple computers.
Filecoin Basic
- Symbol: FIL
- Chain Name: Filecoin
- Application: Storage
- Category:
- Mechanism: storage miners (proof of storage), retrieval miners, and repair miners.
- Additional: File sharing, Cloud computing
- ATH Mcap: $15 B
- Max Supply: 1,960,103,800
FIL Analytics
Ecosystem
| Mcap/TVL | 9 |
| Products | 21+ |
| Stablecoins | – |
Liquidity
| VOL/Mcap | 6.3% |
| Volatility | 3.2% |
| Circulating | 30% |
Filecoin Backers
FIL Foundation
Foundation
Corporate Investors
Investors
Filecoin Advantages
- First web3 storage solution
The first web3 storage network solution with nice slogan: “store humanity’s most important information.”
- Known protocol
Filecoin has been on the web3 radar since 2017, so everyone knows it as a web3 storage network and there are few protocols that use it. Until now, it has a high marketcap.
- Community belief
In 2017 this project fundraise more than $150M from ICO in coinlist, this was three times more than fundraising from private sector. It means public community had a great belief in this file sharing solution.
- Corporate Support
Having a major share (nearly 30%) in the Grayscale artificial intelligence fund and the presence of well-known investors such as Pantera Capital show the strength of this project.
Categories: Token
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