Filecoin price 


2.87% (1d)

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Filecoin statistics
Market cap


Volume (24h)


Volume/Market cap (24h)
Circulating supply
572,308,516 FIL
Total supply
1,960,103,388 FIL
Max. supply
Fully diluted market cap
FIL to USD converter
Price performance
All-time high
Apr 01, 2021 (3 years ago)
All-time low
Aug 29, 2019 (5 years ago)
See historical data
In watchlists482,201x
157th / 10.0K
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Filecoin news


Filecoin Token Unlocks 

Updated at Jul 23, 2024 10:22:29 AM

About Filecoin

What Is Filecoin (FIL)?

Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.

The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network where users pay for data storage and distribution services in $FIL. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.

Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud. Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds. The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus.

$FIL is the native currency of Filecoin that powers the entire network and all processes. Clients pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services.

The developers claim that Filecoin solves the problem of inefficient file storage and retrieval. Customers can find the right solution with an efficient set of tools and its core development, IPFS.

Who Are the Founders of Filecoin?

What Makes Filecoin Unique?

How Does Filecoin Work?

How Many Filecoin (FIL) Coins Are There in Circulation?

How Is the Filecoin Network Secured?

Where Can You Buy Filecoin (FIL)?

Benefits of Filecoin

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