Filecoin (FIL)
Filecoin (FIL)
6.62 4.66 %
Rank # 46 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 611,258,683.00
Total Supply 1,959,745,833.00
Max Supply 1,959,745,833.00
  Week Month Year All Time
High

14-12-2024

6.721817792127
-1.51%

07-12-2024

8.109295843004
-18.37%

09-03-2024

11.464467979472
-42.26%

01-04-2021

₹5,730,800.59
-97.21%
Low

16-12-2024

6.62
0.00%

29-11-2024

5.817474570256
13.80%

06-08-2024

3.248397634674
103.79%

17-12-2022

₹5,628.29
150.31%

Filecoin News (Fil News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Filecoin Chart (Fil Chart)

Filecoin Price USD (Fil Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Filecoin Price History (Fil Price History)
Price Market Cap Volume Date
Coin Filecoin
Comments
Filecoin Price Today (Fil Price Today)

Filecoin is a decentralised storage system that aims to "store humanity's most critical information." The project raised $205 million in an initial coin offering (ICO) in 2017 and planned to launch in mid-2019.  

The project was initially introduced as an incentive layer for the peer-to-peer storage network named IPFS back in 2014. Filecoin is an open system supported by a blockchain that records network members' commitments, with transactions conducted in FIL, the blockchain's native currency. Proof-of-replication and proof-of-spacetime both serve as the foundation for the blockchain.

Juan Benet, who also invented the Interplanetary File System, launched Filecoin. Benet is a computer scientist from the US who studied at Stanford University. After establishing Protocol Labs in May 2014, he attended Y Combinator in the summer of 2014, with the purpose to promote both IPFS and Filecoin, as well as other initiatives.

Filecoin intends to decentralise data storage. Unlike cloud storage providers such as Amazon Web Services and Cloudflare, which are prone to centralization issues, Filecoin uses its decentralised nature to safeguard the integrity of a data's location, making it easily discoverable and difficult to censor.

Decentralized storage systems, such as Filecoin, enable users to be their own custodians of their data while also making the internet more accessible to people all over the world. Filecoin encourages users to act honestly and keep as much data as possible since contributing in the network by mining and storing directly correlates to earning greater block rewards.

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Also read: Fidira Fid Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Filecoin (FIL) is USD 6.62
24 Hours, High Price of Filecoin (FIL) is USD 6.77 and Low price of Filecoin (FIL) is USD 6.28
The total supply of Filecoin (FIL) is 1959745833 and Circulating supply of Filecoin (FIL) is 611,258,683.00
The trading volume of Filecoin (FIL) is 260057813 In the last 24 hours