FIL Logo

Filecoin FIL

€2.3

-1.77% (24h)

Marketcap

€1,501,960,300

Volume 24h

€73,732,961


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Description

Filecoin (FIL) is a decentralized storage network that allows users to rent out their unused storage space in exchange for FIL tokens. Launched in 2020, Filecoin aims to create a more efficient and secure alternative to traditional cloud storage services by leveraging a distributed network of computers. Users can store, retrieve, and share data in a decentralized manner, ensuring that no single entity has control over their information. FIL is used to pay for storage services and is earned by storage providers.