Founded in 2016, ThreeFold is revolutionizing the Internet and Cloud landscape by creating a fully decentralized, peer-to-peer infrastructure. Imagine a world where any digital workload, from blockchains to IoT networks, can be hosted natively on an ultra-efficient, tamper-proof platform. This is the vision ThreeFold is delivering. Powered by a vibrant open-source community of developers and infrastructure experts, ThreeFold aims to make the Internet accessible, affordable, and available to everyone across the globe. With the ThreeFold Token (TFT), users can exchange Internet and Cloud resources seamlessly, incentivizing node operators and empowering developers. Intrigued? Dive in to discover how ThreeFold is shaping the digital future.
Learn more about ThreeFold on their website.
What is ThreeFold (TFT)?
ThreeFold is a comprehensive peer-to-peer Internet and Cloud stack that enables universal access to a smart contract-based infrastructure. According to its documentation, ThreeFold allows any current or future digital workload, including blockchains, IoT networks, oracles, decentralized organizations, and applications, to be hosted natively on their tamper-proof and ultra-efficient decentralized infrastructure.
ThreeFold is driven by an open-source community of projects, stack developers, node operators, infrastructure experts, and more. They focus on protecting the vision of a truly decentralized Internet infrastructure that is available, accessible, and affordable to everyone, everywhere.
The ThreeFold Token (TFT) is a utility token designed to ensure anyone can participate in exchanging Internet and Cloud resources in the network without intermediaries. It incentivizes node operators with monthly income and is used by developers to build and run workloads.
Who are the Founders of ThreeFold?
Kristof de Spiegeleer is a co-founder and CEO at ThreeFold. After completing his master's degree in computer engineering at the University of Gent, de Spiegeleer started building the first data center in Europe with PSI Net in the mid-90s. Subsequently, he founded many ventures that brought significant improvements to cloud automation and Internet storage. These ventures were later acquired by Symantec, Verizon, Oracle, TeleNet, and more.
In 2014, he started meeting other industry experts and co-founders of ThreeFold, such as Adnan Fatayerji, Weynand Kuijpers, Owen Kemp, and many more. Together, they decided to start from scratch and build the most decentralized Internet and Cloud infrastructure to power the web3 and web4 era.
What Makes ThreeFold Unique?
ThreeFold is the first blockchain-enabled infrastructure to start from scratch on the Linux Kernel. Only by doing so could they eliminate unnecessary code and backdoors that impacted efficiency and security in the current Internet and Cloud models. ThreeFold’s state-of-the-art technology enables quantum security and up to 10x energy savings for storage workloads.
With solutions highlighted by a game-changing quantum-safe storage system, a next-generation docker container environment, and a secure peer-to-peer network, what they created is the most comprehensive, secure, and decentralized Internet and cloud infrastructure in the world. They integrated with industry-leading tools and frameworks, and anything that runs on Linux can run on ThreeFold’s operating system.
More than just an Internet or Cloud project, ThreeFold represents the substrate for the decentralized Internet and cloud.
How Many ThreeFold Tokens are in Circulation?
TFT listed on Liquid exchange in June 2020 and announced a total and maximum supply of 4,000,000,000 TFT tokens. The current supply and token distribution can be tracked in the ThreeFold Library.
According to the documentation, 75% of the total token supply will go towards node operators and the incentivization of the ecosystem. Another 19% of TFT tokens support the continued development of the ThreeFold ecosystem and technology. Lastly, the remaining 6% of the total token supply is allocated to incentivize contributors, founders, and team.
Where Can You Buy ThreeFold Tokens?
TFT is available on several exchanges and DeFi platforms today. ThreeFold aims to incentivize its TFT ecosystem growth towards DeFi to remain in alignment with the ecosystem’s values and beliefs. The main platform to buy TFT is PancakeSwap.
Other platforms include: - 1inch - Liquid - BTC-Alpha
It is important to consider the fact that investing in cryptocurrency carries risk, just like any other investment.
Related Links
- Main website
- Project Library
- Useful guides and information, How to Buy and Trade TFTs
- Telegram Community
ThreeFold Token Market Data
Understanding the market data of ThreeFold Token (TFT) is crucial for potential investors and users. Here are some key statistics:
- Current Price: $0.1009
- Market Cap: $8,187,792.51
- 24h Price Change: -29.85%
- 7d Price Change: 443.82%
- 30d Price Change: 670.52%
- 24h High: $0.1543
- 24h Low: $0.0731
- All-Time High: $0.4277 (2024-03-08T02:17:00.000Z)
- All-Time Low: $0.0052 (2023-10-18T04:58:00.000Z)
- Circulating Supply: 81,181,457.00
- Total Supply: 476,220,974.00
Conclusion
ThreeFold is not just another blockchain project; it is a revolutionary step towards a decentralized Internet and Cloud infrastructure. By leveraging the power of blockchain technology and an open-source community, ThreeFold is making strides to ensure that the Internet is accessible, affordable, and available to everyone. The ThreeFold Token (TFT) plays a pivotal role in this ecosystem, enabling seamless exchange of resources and incentivizing participation.
As the world moves towards a more decentralized future, ThreeFold stands at the forefront, offering a robust, secure, and efficient platform for digital workloads. Whether you are a developer, node operator, or an investor, ThreeFold provides an opportunity to be part of this groundbreaking journey.
For more information, visit ThreeFold's website and explore their comprehensive resources and community platforms.
