What is Filecoin (fil)?

What is Filecoin? (FIL) Filecoin is a cryptocurrency that aims to incentivize a global network of computer operators to provide a file sharing and storage service. Project founders claim that if enough people adopt it, it could become the fastest and cheapest way to store data on the internet.

Is Filecoin a good cryptocurrency?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Filecoin an overall rating of "E+", a technology and adoption rating of "E+", and a market performance rating of "D-". Where can I get Filecoin wallet?

Is Filecoin a SAFT?

Investors could choose to vest their tokens for various time periods in order to earn a discount on the initial purchase. Filecoin sold the tokens as a SAFT (SSimple Agreement for Future Tokens). No FIL tokens exist yet, and they will not exist until Filecoin launches its genesis block. Anyone claiming to own FIL or offering it for sale is lying.

Is Filecoin (fil) overvalued?

This is one deeply intriguing yet overvalued token. Filecoin ( FIL 5.97%) is down 10.23% in the past 24 hours to $99.13 per token as of 10:17 a.m. EDT on Tuesday. Investors are locking in profits after a stellar bull run sent Filecoin soaring 30% in the past seven days. Filecoin is a decentralized storage token created by Protocol Labs in 2014.