Files.fm Library is a blockchain-based peer-to-peer library for useful free and paid content that will provide one single place to publish and preserve useful files of all types. Using this platform, anyone can publish files that they think have some value. These files will be stored on a hybrid-decentralized network to ensure fast download speed and uninterrupted access to files, even if there are no seeders online or the main servers go down.
FFM is an Ethereum-based token. FFM token can be gained by uploading files, adding metadata, sharing free drive space or doing other things that are beneficial to the Files.fm Library. Users can spend their tokens on subscribing to pro features, buying private storage space or exchanging them for paid content, such as movies, TV shows, music or books.
Files.fm Library ICO will begin on March 1st, 2019. The ICO token supply represents 20% of the total token supply, so there is a total of 2,000,000 tokens available, for 0.01 USD each. The ICO funding target is 1,000,000 USD, the funding cap is 10,000,000 USD and is expected to end on June 1st, 2019 or when the funding cap is reached.
Token Reserve Split (80%):
Files.fm Library ICO campaign features bounties, and the token will not be mineable.