Files.fm Library

What Is Files.fm Library?

File.fm Library is a blockchain-based hybrid data library created and maintained by community and powered by direct micropayments, token incentives, shared traffic, and storage. The library seeks to provide its users with space and a marketplace where they could upload their files for future preservation.

How Files.fm Library Peer To Peer Blockchain File Storage Community Works

Users can access the FFL platform to search for content by inputting keywords or any other parameters. Once they locate the files they are interested in, they can select the file to use online either through viewing, listening, reading, or downloading it depending on the content type. In some cases, some of the files are usually for sale and the user will be required to purchase it using FFL tokens.

Users can also upload their files to the library and, before publication, other community members will have to vote for the content in terms of how useful and clean it is. The file is then indexed using AI tools and sent to the P2P network’s desktop clients where it is stored and served to other users. If the file is intended for sale, the user can add the price for file before or after uploading the file.

Furthermore, users can sort the file contents by adding them metadata such as keywords, tags, descriptions, links or marking the content as illegal or copyrighted. If the data added by the user is similar to what other users add, the user will receive FFL Tokens. If the system detects that the user is constantly inputting data that is different, the user will be punished with a FFL token withdrawal or ban from the platform.

Copyrighted content on the FFL platform is sent to the unassigned author copyrighted category where their rightful owners can claim the file and add a price to them or request their removal from the platform.

Files.fm Library Benefits

Legal File Sharing

FFL will eliminate the illegal issues in file sharing through implementation of advanced technology such as AI and cooperating with content creators. Additionally, FFL will ensure compliance with laws regarding content creators and owner by establishing libraries in EU, USA, and many more regions.

Sufficient Data Preservation

FFL will create a modern and digital file library based on blockchain technology, which will be ideal for storing, accessing, and tagging files for users all around the world. This will enable the platform preserve the digital files for future use.

Unlimited File Sharing

FFL will not have any restrictions to sharing bulk files and will not require the users to pay for download traffic or any other maintenance costs.

Files.fm Library FFM Token ICO Details

Parameters Of The ICO

  • Token: FFM
  • Token protocol: ERC777/ERC20
  • Total token supply: 10 Billion
  • Token supply during ICO: 2 Billion
  • Token price: 0.01 USD
  • ICO date: 02/01/19
  • Accepted currencies: USD, EUR, BTC, ETH, Bank Wire Transfers
  • Soft Cap: $ 3,000,000
  • Hard Cap: $ 20,000,000

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