Files.fm Library

- February 18, 2019

The Cryptocurrency market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites. With my research, I found this project in which I really put my faith: Files.fm Library. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

Files.fm Library, Files.fm Library is a hybrid fog computing platform with open source Web browser platform, as well as desktop and mobile apps, aimed at creating a hybrid P2P storage and sharing network. The FFL network is a semi-decentralized network made up of classic cloud storage servers, P2P super-nodes and end-user nodes where users can store files and share them with other community members on the platform.

The files.fm library plan to provide its users with space and a marketplace where they could upload their files for future preservation. More also 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 files.fm library Tokens. If the system detects that the user is constantly inputting data that is different, the user will be punished with a files.fm library token withdrawal or ban from the platform. The platform will host and store such files as: e-book, articles, images, music, television show, software, video, cinema.

The main goal of the creators of the platform Files.fm Library is the preservation of files, eliminating illegal file sharing, as well as providing users with a convenient method of sharing files.

The Problems files.fm library wants to solve are;

Limited free to use file sharing

Non competitive legal alternatives for illegal file sharing

Limited existing platform abilities ( usability, storage, traffic and functions)

Insufficient data preservation for future generations.

The files.fm library stands to provide a way forward to the challenges in the cryptocurrency market by creating a legal and free access to make use of the digital file library that provides the service for society where traders can easily search, access, store and share useful content online with the copyrights that is done right.Presently there are no large ( access of storing hundreds of petabytes) and free storage platform with specialized file search, sufficiently useful content and user-friendly interface.

Blockchain brings transparency, and security in transactions, because information about transactions stored in public ledgers cannot be changed. The platform's FFM token will act as an independent digital currency. FFM allows users and customers to become part of the economy on a platform. Electronic money token transactions will be lower cost than credit cards and will allow for direct and quick internal payment, in addition to allowing users to make and make payments micro. One of the token applications in the product will be file sales, not related to the current payment gateways which are too slow.

TOKEN AND ICO DETAILS

Total Token Supply: 10 000 000 000

Limited Supply: Yes

Price per Token: $ 0.01

Token Symbol: FFM

Type: ERC20

First Year Crowdsale:

Private sale: $ 1 000 000

Presale: $ 1 000 000

Soft Cap: $ 3’000’000

Mid Cap - first round: $ 10’000’000

Hard Cap: $ 20’000’000

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ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.