Start : 09th Dec 2019
End : 28th Feb 2020
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.
2008 ??? 2011
Development started, launch of free Files.fm file sharing service, storage and embedding features.
Introduced BitTorrent support and P2P file download.
Implementation of paid Pro and Business accounts.
Increased share capital to $1.2M, pivoting several use cases.
Launched digital file selling functionality and private encrypted backups.
Introduced P2P file download in WebTorrent implementation. Server infrastructure update.
Work on the Library project, tokens and ICO crowdsale funding campaign.
Pushing a new version of Files.fm web design; Crowdsale ERC20 token deployment, Public sale;
Files.fm private storage usage with tokens.
Storage consumption model (versus fiat subscription model);
Library prototype development;
Closed beta access version to token owners;
Web P2P functionality stabilizatio;
Closed alpha release - MVP of the Library;
Listing token on the crypto exchanges;
Reward mechanism advancements based on empirical results;
Feature support and bug fixes
Advanced functionality - machine learning, content recognition, monitoring;
Search engine R&D;
|Price in ICO||: 0.0100 USD|
|Tokens for sale||: 1,200,000,000|
|Minimum investment||: 100 USD|
|Restricted areas||: None|
|Accepting||: ETH, BTC, Fiat|
|Soft Cap||: 1,000,000 USD|
|Hard Cap||: 10,000,000 USD|
|Distributed in ICO||: 12%|