Filecoin (FIL) Live Price in Rial and USD – Chart & Market Info
Last Update: Friday 5 December 2025, Time: 12:00 (UTC+3:30)
Filecoin (FIL) Market Rank: 59
Market Cap: 1,123,487,871
24h Volume: 124,757,225
Max Supply: -
Total Supply: 1,958,722,773
Issue Date: 13 December 2017
🗄️ Introduction to Filecoin (FIL)
Filecoin is a decentralized file storage network launched in 2017 by Juan Benet and Protocol Labs. Built on the IPFS protocol, it aims to create a global marketplace for data storage and retrieval using blockchain technology.
The native token of the network, FIL, is used to pay for storage services and reward storage providers. Users can offer their unused storage space to the network and earn FIL tokens in return.
Key Features
- Decentralized and censorship-resistant storage network
- Utilizes Proof of Replication and Proof of Spacetime algorithms to ensure data integrity
- Open market pricing based on supply and demand
- Integration with IPFS for comprehensive storage solutions
Use Cases
- Secure and decentralized file storage
- Infrastructure for Web3 and DeFi applications
- Supporting NFT and digital content projects
- Alternative to centralized storage services like AWS and Google Cloud
Challenges
- Competition with centralized storage services and similar projects
- Need to attract more users and storage providers to enhance scalability
- Technical complexities for non-expert users
Filecoin aims to play a significant role in the future of decentralized internet by providing a secure and censorship-resistant storage infrastructure. As demand for private and secure data storage grows, Filecoin is expected to strengthen its position in the market.
Commenting
Write your comment (your email will not be published)
No comments have been posted yet.
