EVERYTHING YOU SHOULD KNOW ABOUT FILES.FM BLOCKCHAIN PROJECT

guchi (37)in #filesfmlibrary • 6 years ago

Good day ladies and gentlemen, today I will be writing to you on a project put together by a great, innovative and experienced team with the objective of рrоvіding a wау to ѕtоrе аnd get to іnfоrmаtіоn, ѕuсh аѕ documents, data, photos аnd video, іn thе cloud rаthеr thаn ѕtоrіng the іnfоrmаtіоn lосаllу on a dеvісе hard drive or rеmоvаblе media.
Files.fm is an online free to utilize file storage, assembled and kept up through community collective efforts. Files.fm will consolidate the standards of an online library with semi-decentralized hybrid technology. By utilizing the P2P fog network from an internet browser with the goal to decrease the expense of the constrained online library. The library will concentrate on making and maintaining volunteer communities that will upload, mark and supervise useful files and consequently will be granted FFM tokens.
The аdvаntаgе оf online file sharing ѕеrvісеѕ іѕ that organizations uѕіng the service dо not need to ѕuрроrt аnd mаіntаіn thе dаtа thеmѕеlvеѕ. Thе іnfоrmаtіоn ѕtоrеd іn аn оnlіnе fіlе ѕhаrіng ѕеrvісе саn bе got to from аnу dеvісе thаt has an Intеrnеt соnnесtіоn, іnсludіng ѕmаrtрhоnеѕ аnd tablet PCѕ, аnd bу аnу person whо іѕ being gіvеn dаtа ассеѕѕ rіghtѕ.

Solutions Offered by Files.fm
1.Ensures Internet users to get to a free and paid content that is helpful in a simple and legitimate way.
2.It gives rewards to the creators for their work.
3.Ensuring community individuals to get compensation for doing valuable work to save digital inheritance for present and future internet clients.

The project Files.fm (FFL) will be able to proffer this solution by applying:
1.Storage platforms upheld by a decentralized, hybrid-distributed community.
2.Correct and feasible plan of action
3.Blockchain as a distributed and straightforward read-only database to ensure fast and micropayments, save copyrights, valuable work is done and prize distribution.

For development, the FFL will utilize the specialized base of the current Cloud Files.fm storage platform, which was made in 2008 and keeps on being enhanced to date. In existing systems, the FFL has executed centralized storage, distribution, sales, publishing and file appropriation. Also, the FFL has a beta version which has capacities to share P2P files and video streaming. The FFL will grow the current Files.FM system to make FFLs by expanding P2P sharing, adding advanced content investigation, search and blockchain.

Factors that will make this project a successful one
1.The project has over 10 years of broad experience in creating and supporting large scale storage systems.
2.The project has a working https://files.fm cloud file storage platform to expand on
3.The project has desktop and mobile apps that can be extended to the P2P network.
4.The project has a month to month web userbase of about 1,5M users.
5.The project need this to occur and right now have some P2P segments working

The Token
The FFM token is an ERC20 token created using Ethereum smart contract which will have a function to increase storage size, pay prizes and many more.
Token: Files.fm Library
Symbol: FFM
Platform: Ethereum
Supply: 10,000,000,000 FFM
Price: 1 FFM = 0.01 USD
Softcap: $ 3,000,000 USD
Hardcap: $ 20,000,000 USD
ICO Date: November 26 2018 – February 25 2019

Roadmap
Roots:
• 2008 – 2011: Development started, the launch of free Files.fm file sharing service, storage, and embedding features
Growing:
• 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 privately encrypted backups
• 2017: Introduced P2P file download in WebTorrent implementation. Server infrastructure update.
Present:
• 2018: Work on the Library project, tokens, and ICO crowdsale funding campaign
• 2018.Q4: pushing a new version of Files.fm web design
• 2018.Q4: Crowdsale ERC20 token deployment, Public sale
• 2018.Q4: Files.fm private storage usage with tokens
Future:
• 2019
o Storage consumption model (versus fiat subscription model)
o Library prototype development
o Content gathering
o Closed beta access version to token owners
o web P2P functionality stabilization
o Closed Alfa release - MVP of the Library
o Private blockchain
o Listing token on the crypto exchanges
o Desktop nodes
• 2020 – 2023
o Reward mechanism advancements based on empirical results
o Feature support and bug fixes
o advanced functionality - machine learning, content recognition, monitoring
o search engine R&D
o blockchain advancements
o Community support
o Marketing