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Cryptocurrency profile · FIL

Filecoin

Filecoin

$0.7448 USD · 0.7448 USD

Blockchain Capital PortfolioCoinList LaunchpadDePINGMCI 30 IndexGMCI DePIN IndexGMCI IndexInfrastructureLayer 1 (L1)Made in USASequoia Capital PortfolioSmart Contract PlatformStorage
Market cap rank
92
Market cap
636,478,910
Circulating supply
826,782,827
Max supply
—

About Filecoin

Filecoin is a decentralized storage network that aims to create a global market for data storage. It allows anyone to participate as a storage provider, which can lead to economies of scale and make storage a commodity. The network decouples hard-drive space from additional services, and the price of storage is determined by supply and demand rather than corporate pricing. Miners compete on factors such as price and reputation for reliability.

  • Filecoin's network allows anyone worldwide to become a storage provider, contributing to a global storage market.
  • The network aims to make storage a commodity by decoupling hard-drive space from additional services.
  • On Filecoin, storage prices are driven by supply and demand, not corporate pricing departments.
  • Miners on Filecoin compete on reputation for reliability as well as price.

Website · Explorer · GitHub

Local market

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Mid-market rate 1 FIL = 0.7448 USD via coingecko · 1m 28s ago Offers updated 1m 3s ago

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