Symbol: FIL
Price: $3.4500
Volume: $126,691,038
Market Cap: $2,019,291,551
Fully Diluted Value: 6,752,769,340
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 1,959,969,843
Type: Crypto Token
The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services. On this robust global market the price of storage will be driven by supply and demand, not corporate pricing departments, and miners will compete on factors like reputation for reliability as well as price.