Filecoin current price is €51.79 with a marketcap of €5.66 B. Its price is -4.26% down in the last 24 hours.
- Filecoin (FIL)
- Live Price €51.79
- Market Cap €5.66 B
- Volume €1.02 B
- Available Supply 109.61 M FIL
- Rank 25
Technical analysis, backgrounds and info on this crypto coin
Besides Filecoin (FIL) is the renowned cryptocurrency (measured by market capitalisation). This cryptocurrency has become more and more popular over years. Given the plans for the future, many insiders have high expectations of the Filecoin (FIL) price. Of course you can trade and/or invest in Filecoin (FIL) as well. On this page you'll find basic statistics and characteristics of Filecoin (FIL). Furthermore you'll find info regarding the Filecoin (FIL) price, basic technical analysis and a brief explanation of the story of Filecoin (FIL)
Current Filecoin (FIL) price
Please see below the Filecoin price chart as provided by our home broker.
Onchain Metrics Filecoin (FIL)
If you want to perform a technical analysis of Filecoin and decide whether it is the right time to trade or invest, please check the on-chain metrics as provided by our partners of Into the Block.
These On-chain metrics are updated once a day (rondabout 11 pm est, which is 5 am Dutch time). If you want to check the latest update, please dive deeper into the On-chain metrics of our metrics partner IntotheBlock.io.
Furthermore, we provide you with the price chart and historical data for Filecoin (FIL) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on Filecoin.
The Filecoin agenda
In order to provide you with an accurate overview of coming Filecoin agenda items and events, you'll find our Filecoin agenda below.
If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.
What is Filecoin?
Filecoin was funded through two hundred million filecoins sold-out in each a presale associate degreed an initial coin providing (ICO), that amounted to $52 million and $205.8 million severally.
During its initial coin providing (ICO) in August 2017, the project sold-out SAFTs (Simple Agreements for Future Tokens) via CoinList as a future claim to filecoin tokens once the project goes live. The ICO lasted a month, and at the time, was the biggest fundraising ICO up to now with $257 million endowed.
In February 2019, the filecoin network pushed back the launch of its initial testnet.
Filecoin is a project started by Protocol Labs and its CEO Juan Benet. Protocol Labs was founded in 2014 and has since created IPFS, lib p2p, Filecoin and others.
What is the purpose of Filecoin (FIL)?
Filecoin aims to become a redistributed storage network that permits users to shop for associate degreed sell unused storage on an open market. The file coin protocol is associate degree incentive layer on high of peer-to-peer classification system IPFS, designed with a native token and distributed ledger.
Filecoin (FIL) nowadays
The company consists of twelve core developers and focuses on ASCII text file technology to boost however the net works. the corporate was funded by notable investors as well as Digital Currency cluster (CoinDesk’s parent company), service Ravikant, Union sq. Ventures, Winklevoss Capital and Y Combinator.
The system style permits users to rent storage on obtainable devices mistreatment the network’s native cryptocurrency, filecoin (FIL). shoppers pay filecoins for sharing and retrieving knowledge, and reciprocally, miners earn filecoins by storing and serving knowledge. so as to incentivize miners to take a position in storage instead of machine power, the chance that the network elects a manual laborer to form a brand new block is proportional to their storage presently in use in relevancy the remainder of the network.
The future of Filecoin (FIL)
To reduce bad actors from attempting to store fewer numbers of data than they are being paid to store, filecoin also has a proof-of-replication (PoRep) mechanism, which requires miners to prove that they are storing the data they say they are.
Further technical analysis of this coin
For further technical analysis you’ll find the current price chart and overview of historical data at the bottom of this page. Do you need more on-chain metrics? You can find these on the site of our on-chain metrix partner IntotheBlock.
Do you want to trade in this crypto?
If you want to trade in this cryptocurrency you might consider to sign up with one of our home exchanges: Changelly, CEX.io or Binance. When your mother tongue is Dutch or French you might also consider Bitvavo. If you want to know more about choosing the right crypto exchange, please visit our crypto exchages page.
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