Filecoin

fil
$63.67 -12.65

Market Cap

$6.98B

Circulating Supply

109.61M

Max Supply

1.97B

Volume (24hr)

$2.19B

Quote
Price
Market Cap
Supply
Volume (24hr)
Change (24Hr)
usd
$63.67
$6.98B
109.61M
2.19B
-12.65 %
myr
$266.35
$29.26B
0.00
9.16B
-12.91 %
btc
$0.00
$162,764.79
0.00
51,268.69
-9.58 %

Descrption

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.