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.
We believe Filecoin can succeed thanks to:
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.
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.
By breaking up the oligopoly, data storage becomes distributed while remaining secure and accessible.
In Filecoin, we get to reimagine a foundational piece of the internet’s infrastructure and usher in the next evolution in data storage.
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.
| Asset | FIL |
| Key Dates | Filecoin mainnet launched October 15, 2020 |
| Supply | 2 billion FIL |
| How to get access | Open a CoinList account to buy and sell Filecoin |
