What is ThreeFold Token?

ThreeFold is building a more private, secure, and sustainable Internet. The ThreeFold Grid (storage, compute, and network services) is live today with 80+ petabytes of capacity and 15k+ CPU cores – distributed in 21 countries, and constantly expanding across the edges. ThreeFold's unique autonomous and peer-to-peer (P2P) infrastructure allows a seamless transition towards a decentralized data economy.

ThreeFold is powering the decentralization movement with a collaborative and evolving ecosystem of technology partners such as HPE, CasperLabs, DigiByte, Stellar, Dash, Neo, TomoChain, Harmony, WaykiChain, and many others. A collective, incentivized, and global ecosystem of independent ThreeFold "Farmers" connect 3Nodes (servers) to the ThreeFold Grid to provide storage, compute and network capacity. Anyone with access to electricity and the Internet can buy a 3Node, plug it in, and start earning ThreeFold Tokens (TFT) – no technical knowledge required. The TFT is the token of the new Internet, the payment mechanism for ThreeFold Grid and ThreeFold Cloud usage.

The ThreeFold Grid acts as a low-level substrate to scale any type of technology, including blockchain, in a truly decentralized way. Its unique architecture was built from scratch from the operating system level on a Linux kernel and automated all the way up to the end-user level. A Smart Contract for IT creates and enables autonomous IT, and a dispersed storage algorithm splits the data across nodes instead of replicating them as on Web3 architectures. Individuals and organizations can now build, deploy, and maintain Web2 and Web3 applications in a completely peer-to-peer IT infrastructure. To support developers and communities, ThreeFold created P2P Cloud offerings (Edge Virtual Data Center, Quantum Safe Filesystem), a P2P Marketplace, and the 3Bot SDK (which enables developers to create and scale IT workloads in a truly limitless way).

ThreeFold aims to empower a more fair and equal world through its many partnerships and by incentivizing growth in developing regions.