Filecoin Ico Review

Filecoin Ico Review – A Decentralized Market for Storage

About Filecoin

The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price.

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Filecoin Key Information

Token NameFilecoin
Tokens for sale200,000,000
Distributed in ICO10%
Hard cap150,000,000 USD
Sold tokens200,000,000
AcceptingBTC, ETH, ZEC, Fiat
Token SymbolOPO
Token TypeERC20
Price in ICO0.7500 USD
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

The Game Change Team Behind Filecoin

Filecoin Ico Review - A Decentralized Market for Storage

The future of data storage

Filecoin is a decentralized storage network that turns the world’s unused storage into an algorithmic market, creating a permanent, decentralized future for the web.

Lower data storage costs : Filecoin has the potential to create a market that can utilize unused storage space residing in data centers. With the additional supply created by Filecoin, this could eventually drop the price of storage while meeting growing demand.

Properly designed incentives : The Filecoin network is centered around aligning the incentives for all participants and can rebalance and recover in response to disruptive events, which keeps data safe and flowing.

Resilience and censorship resistance : By breaking up the oligopoly, data storage becomes distributed while remaining secure and accessible.

FIL Economics

Filecoin (FIL) serves as the native asset to the Filecoin blockchain and powers the data storage and data retrieval markets, which form the core of the Filecoin project. Economic incentives and disincentives are baked into the blockchain to produce the optimal number of storage and retrieval miners providing honest service to clients. The FIL supply is capped at 2 billion and will be released through block rewards over the subsequent decades.


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