Filecoin - Logo


Blockchains (L1)
3.2y ago
1.5y ago
Filecoin - Logo
1 chain

7d price-13.8%

30d price-9.2%

90d price-43.1%

180d price-1.4%

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What is Filecoin?

Filecoin is a smart contract platform and a data storage network (a blockchain). Filecoin was founded by Juan Benet and launched in 2014.

How does Filecoin work?

Validators process transactions, store information, and receive fees from users (supply-side fees).

Who governs Filecoin?

FIL holders own and govern the protocol. They currently take a cut of the total base fees, miner tips and overestimation fees paid by users and a cut of provecommit batch fees, precommit batch fees and penalty fees paid by miners (revenue). Filecoin’s investors include IOSG Ventures, Winkelvoss Capital, a16z, etc.

Related posts

RevenueFilecoin's share of the transaction fees$80Connects Validators & UsersSupply-side feesValidators' share of the transaction fees$20ValidatorsFeesTransaction fees paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.