Filecoin
FIL

447.23
2.34 %
Change 24h
Market Cap
₹ 131,378,060,986
Volume 24h
₹ 6,983,279,877
Circulating Supply
293683220
Total Supply
1,971,532,474
FIL
Description
The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price.