Filecoin cryptocurrency logo 256X256

Filecoin (FIL)

A protocol for a decentralized file storage network for the internet
https://filecoin.io Whitepaper

About

The Filecoin team believes that the centralized structure of the present internet, which has majority of the data stored on a few concentrated nodes, makes it vulnerable to failures, and want to amend that by creating a protocol that decentralizes its structure and spreads the storage of data across a network of storage units.

Setup

Legal Name

N/A

Company Type

Non Profit

Country

United States

Year of incorporation

2017


Sector

Technology

Industry

Storage

Blockchain

Ethereum

Consensus

Hybrid (PoW/PoS)


Wallet

Yes

Token Issuance

N/A

KYC

N/a

Whitelist

No

Smart contract

No

Product Link

No

Stage of Development

Ideation
Ideation
Prototype
Prototype
MVP
MVP
Users
Users
Revenue
Revenue

Token Supply

Token Ticker: FIL
The FIL token is used to incentivise miners to contribute storage space to and host files of the Filecoin storage network.

Supply Type: Limited
Total token supply: 2,000,000,000 FIL
Amount minted during supply: 90%

Valuation Table

Number of events: 1 (MULTI-SALE 1)
Distribution % of Tokens Valuation during MULTI-SALE 1
MULTI-SALE 1 10% 700 mn USD
Team 15% 1.05 bn USD
Miners 70% 4.9 bn USD
Company 5% 350 mn USD
Total 100% 7 bn USD

Valuation Chart

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Token Distribution

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Twitter

Reddit

ENDED SALE
Token Sales

MULTI-SALE 1 start
10 August 17
MULTI-SALE 1 end
10 September 17
SOLD

700 mn USD of
7 bn USD
10%