Filecash Price (FIC)
Please wait, we are loading chart data
FIC Price Live Data
The live Filecash price today is $0.355177 USD with a 24-hour trading volume of $307,422 USD. Filecash is down 3.86% in the last 24 hours. The current CoinMarketCap ranking is #1053, with a live market cap of $9,134,573 USD. It has a circulating supply of 25,718,348 FIC coins and a max. supply of 2,000,000,000 FIC coins.
What Is Filecash?
Filecash is the first pre-fork project of Filecoin. It is a distributed cloud storage platform that aims to use the world’s idle storage space to serve the storage market. At its core, Filecash is an incentivization layer of the IPFS protocol. The blockchain is based on both proof-of-replication and proof-of-spacetime.
History Behind Filecash and Forking Filecoin
Filecash was started by Filecoin community members who believed that Filecoin and its developer, Protocol Labs, were straying away from IPFS’s original goals. Filecash was created as a pre-fork project of Filecoin (forked before Filecoin’s mainnet launch) and aims to achieve a similar goal in a different manner. Mainly, Filecash aims to lower the barrier to participation for miners and all other participants in its ecosystem.
FIC is the native utility token that is mainly used for:
- FIC must be deposited as collateral by Miners who are mining FIC.
- FIC holders can lend FIC to miners who can use it to deposit collateral.
- Users who want to store data on the Filecash network must spend FIC to use the network.
Filecash’s economic model is in the form of a “market for data” where users can sell their storage space to other users, who are looking to rent. The total supply of FIC is 2 billion and distributed as thus: Miners 55% (Linearly halved in 6 years), Layer 2 incentives 30%, Investors 10%, Foundation 2.5% (6 years of linear release), Development Team 2.5%.
Where Can I Buy FIC?
FIC is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
These exchanges include BitMart, Gate.io, Lbank, and Hotbit.
FIC Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||0.03365|
|Fully Diluted Market Cap||$710,354,559.66|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighApr 01, 2021 (2 months ago)
All Time LowMar 09, 2021 (2 months ago)
|Filecash ROI||No Data|
|Circulating Supply||25,718,348 FIC|
|Total Supply||1,995,952,416 FIC|
|Max Supply||2,000,000,000 FIC|