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Filecoin

Filecoin

FIL
Rank #86
$0.94064.52% (24h)

Market Cap

$740.22M

24h Volume

$70.08M

Circulating Supply

786.86M

7d Change

-2.35%

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.

Tags

InfrastructureSmart Contract PlatformStorageLayer 1 (L1)DePINAlleged SEC SecuritiesPantera Capital PortfolioGMCI DePIN IndexGMCI 30 IndexSequoia Capital PortfolioBlockchain Capital PortfolioGMCI IndexMade in USACoinList Launchpad