All the Useful Files in One Place

Start : 01st Mar 2019 - End : 01st Jun 2019

About Files.fm Library

Nothing is totally broken, but internet users would benefit from open, community supported decentralized systems and free access to useful information. Any initiative , like Wikipedia, that is democratic and serves the interests of society for common good rather than the individuals is desirable.

In the currently existing online file sharing service field we see three main problems: non - competitive legal alternatives for illegal file sharing, insufficient data preservation for future generations and limited free to use file sharing. As a solution to these problems we want to create Files.fm Library (FFL ) ??? legal and free to use digital file library that provides the service for society where people can conveniently search, access and share useful content online with copyrights done right. By creating FFL we want to enable the magnificent usefulness of community supported P2P networks and eliminate their shortcomings: Enable Internet users to access useful free and paid content in an easy and legal way; Reward authors for their work; Enable community members to receive remuneration for doing useful work to store digital heritage for the sake of current and future Internet users; We will do that by implementing:  Scalable hybrid decentralized community supported storage platform; Correct and viable business model; Blockchain as a distributed, transparent read-only database to enable fast and micro payments, store copyrights, useful work done and reward distribution For FFL development we are going to use the technical base of our existing system Files.fm cloud storage platform that we created in 2008 and have been continuously improving until nowadays.
In the existing system we have already implemented centralized file storing, sharing, selling, publishing and distribution. 

Milestones

2008 ??? 2011

Development started, launch of free Files.fm file sharing service, storage and embedding features.

2013

Introduced BitTorrent support and P2P file download.

2014

Implementation of paid Pro and Business accounts.

2015

Increased share capital to $1.2M, pivoting several use cases.

2016

Launched digital file selling functionality and private encrypted backups.

2017

Introduced P2P file download in WebTorrent implementation. Server infrastructure update.

2018

Work on the Library project, tokens and ICO crowdsale funding campaign.

Q4 2018

Pushing a new version of Files.fm web design; Crowdsale ERC20 token deployment, Public sale;
Files.fm private storage usage with tokens.

2019

Storage consumption model (versus fiat subscription model);
Library prototype development;
Content gathering;
Closed beta access version to token owners;
Web P2P functionality stabilizatio;
Closed alpha release - MVP of the Library;
Private blockchain;
Listing token on the crypto exchanges;
Desktop nodes.

2020-2023

Reward mechanism advancements based on empirical results;
Feature support and bug fixes
Advanced functionality - machine learning, content recognition, monitoring;
Search engine R&D;
Blockchain advancements;
Community support;
Marketing.

Details

Token : FFM
Platform : Ethereum
Type : Utility
Price in ICO : 0.0100 USD
Tokens for sale : 1,200,000,000
Minimum investment : 100 USD
Country : UK
Whitelist/KYC : None
Restricted areas : None
Accepting : ETH, BTC, Fiat
Soft Cap : 1,000,000 USD
Hard Cap : 10,000,000 USD
Distributed in ICO : 12%

Project Team :

Janis Viklis
Janis Viklis

CEO

Madara Paegle
Madara Paegle

CTO

Pauls Sondors
Pauls Sondors

CFO

Janis Lamsters
Janis Lamsters

COO

Advisors:

Tom Collingwood
Tom Collingwood

Blockchain Technical Specialist at STFC Hartree Centre

Tom Kirkham
Tom Kirkham

Business Development at Hartree Centre

Martins Lama
Martins Lama

Chairman of the Board at Sensum Grupa AS and UGN ASa

Dimitar Dinev
Dimitar Dinev

Crypto Exchange, Blockchain Advisor, VC investments

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