Filecoin includes a blockchain and native cryptocurrency (FIL). Storage providers earn units of FIL for storing files. Filecoin’s blockchain records transactions to send and receive FIL, along with proofs from storage providers that they are storing their files correctly.
Read moreWho is backing Filecoin?
History of Filecoin (FIL) Specifically, the event secured $205.8 million and demonstrated the high level of investor interest surrounding the project. Notably, the event received backing by venture capitalists Sequoia and Andreessen Horowitz .
Read moreWhat will Filecoin be worth?
Filecoin(FIL) shows a bullish trend for the coming years. As per our Filecoin price prediction, the price will average $27.52 in 2022, rising to $28.82 in 2022, $30.34 in 2023, $31.00 in 2024, $42.15 by 2025 and again a downfall $36.64 in 2026 .
Read moreWhat companies are using Filecoin?
Filecoin investors
Read moreIs Filecoin built on Ethereum?
Since its launch in October 2020, Filecoin has grown to over 8 exbibytes of available storage with 400+ new projects entering the space. One ecosystem that continues to prove collaborative and mutually beneficial is Ethereum .
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