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

KeyPoints
Token NameFilecoin
Tokens for sale200,000,000
Distributed in ICO10%
Hard cap150,000,000 USD
Sold tokens200,000,000
CountryUSA
AcceptingBTC, ETH, ZEC, Fiat
Token SymbolOPO
Token TypeERC20
Raised$257,000,000
PlatformEthereum
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.

Communication

Filecoin All securities-related activity is conducted by EC Securities, LLC (“EC Securities”), an affiliate of CoinList, a registered broker-dealer and member FINRA/SIPC, located at 850 Montgomery St. Suite 350, San Francisco, CA 94133. EC Securities does not make investment recommendations, and no communication, through this website or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform.

Filecoin securities are not FDIC or SIPC insured and there is no bank or other guarantee if they lose value. Please review the background of our broker-dealer and investment professionals on FINRA’s broker/check. Please also review our Form CRS, a uniform customer relationship summary and disclosure template prescribed by the SEC, that provides succinct and relevant information to retail investors and enables comparability between broker-dealers with respect to fees, conflicts, and services provided.

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