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Filecoin - Logo

Filecoin (FIL)

Blockchains (L1)

Price

~$5.7822

Live

ATH

$189.58

3.1y ago

ATL

$2.81

1.4y ago

Chains

Filecoin - Logo

1 chain

7d price +2.8%

30d price -34.5%

90d price +11.6%

180d price +28.9%

Learn more

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

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The state of Filecoin: A decentralized storage network

Filecoin is a decentralized peer-to-peer network that allows its users to store and retrieve data on the internet. It is an open platform and a market economy that connects people who have excess storage space with people who want to store data.
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.

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