Description
FileStar enhances the Filecoin protocol by providing a well-rounded distributed storage incentive mechanism, integrating tech innovations and an improved economic model. Launched in 2020 with a fixed supply of 2 billion tokens, FileStar supports the efficient use of resources like computing, bandwidth, and storage. It seeks to extend beyond distributed storage to become a key infrastructure for Web3, creating a comprehensive distributed Internet incentive layer. Despite fluctuations, it is actively traded in five markets, with recent trading volumes over $595.76. FileStar's governance mechanisms and integration of the Filecoin incentive system are instrumental in its ambition to underpin Web3 architecture. For more details, visit https://filestar.net.
FileStar enhances the Filecoin protocol by providing a well-rounded distributed storage incentive mechanism, integrating tech innovations and an improved economic model. Launched in 2020 with a fixed supply of 2 billion tokens, FileStar supports the efficient use of resources like computing, bandwidth, and storage. It seeks to extend beyond distributed storage to become a key infrastructure for Web3, creating a comprehensive distributed Internet incentive layer. Despite fluctuations, it is actively traded in five markets, with recent trading volumes over $595.76. FileStar's governance mechanisms and integration of the Filecoin incentive system are instrumental in its ambition to underpin Web3 architecture. For more details, visit https://filestar.net.