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FIL Token statistics
Ranking
#50
Market cap
1,401,094,785.33 EUR
24h volume
70,668,902.13 EUR
Circulating supply
676,190,372.00 EUR
About Filecoin (FIL)
Filecoin is a decentralized storage network that allows users to rent out their unused storage space and enables others to store and retrieve data securely and efficiently. Launched in 2020 by Protocol Labs, Filecoin leverages blockchain technology to create a marketplace for storage providers and clients, ensuring that data is distributed across a network of nodes rather than relying on a centralized server. This decentralized model provides greater data security, redundancy, and resistance to censorship, making it a valuable alternative to traditional cloud storage services.
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