Filecoin to Hold AMA on X on February 19th
2025-02-14
Category: None


Filecoin, in collaboration with Lava Network, is set to host an AMA on X on February 19th at 16:00 UTC, focusing on the role of decentralized storage and data access in the future of Web3..
FIL Info
Filecoin FILUSD is a decentralized storage system that aims to "store humanity's most important information". The project raised significant funds via an initial coin offering (ICO) in 2017. Filecoin is the digital token that is used as payment for storage or retrieval of data within the network. The network uses a unique proof-of-storage system where miners earn more by sharing more storage, and the data they store is constantly verified to ensure its correctness. Filecoin competes with centralized storage systems such as Amazon S3, and allows individuals to monetize their spare storage space on the network.