ThreeFold price

TFT

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Kristof de Spiegeleer is a co-founder and CEO at ThreeFold. After completing his masters degree in computer engineering at the university of Gent, de Spiegeleer started building the first data center in Europe with PSI Net in the mid 90s. Followingly, he founded many ventures that brought significant improvements to cloud automation and Internet storage. These were then acquired by Symantec, Verizon, Oracle, TeleNet and more.

In 2014, he started meeting other industry experts and co-founders of ThreeFold such as Adnan Fatayerji, Weynand Kuijpers, Owen Kemp and many more. Together, they decided to start from scratch and build the most decentralized Internet and Cloud infrastructure to power the web3 and web4 era.

ThreeFold is the first blockchain-enabled infrastructure to start from scratch on the Linux Kernel. Only by doing so could they eliminate unnecessary code and backdoors that impacted efficiency and security in the current Internet and Cloud models. ThreeFold’s state-of-the-art technology enables quantum security and up to 10x energy savings for storage workloads.

With solutions highlighted by a game-changing quantum-safe storage system, a next-generation docker container environment and a secure peer-to-peer network, what they created is the most comprehensive, secure and decentralized Internet and cloud infrastructure in the world. They integrated with industry-leading tools and frameworks, and anything that runs on Linux can run on ThreeFold’s operating system.

More than just an Internet or Cloud project, ThreeFold represents the substrate for the decentralized Internet and cloud.

TFT listed on Liquid exchange in June 2020 and announced a total and maximum supply of 4,000,000,000 TFT tokens. The current supply and token distribution can be tracked in ThreeFold Library.

According to the documentation, 75% of the total token supply will go towards node operators and the incentivization of the ecosystem. Another 19% of TFT tokens support the continued development of the ThreeFold ecosystem and technology. Lastly, the remaining 6% of the total token supply is allocated to incentivise contributors, founders and team.

TFT is available on several exchanges and Defi platforms today. ThreeFold aims to incentivise its TFT ecosystem growth towards Defi to remain in alignment with the ecosystem’s values and beliefs. The main platform to buy TFT is PancakeSwap.

Other platforms: 1inch Liquid BTC-Alpha

It is important to consider the fact that investing in cryptocurrency carries risk, just like any other investment.

Related links

Main website Project Library Useful guides and information, How to Buy and Trade TFTs Telegram Community