Files.fm Library (FFM Token) ICO

Hellen Xaveria

About project:

File.FM Library is a decentralized project that aims to unite the blockchain technology and the people to form a semi decentralized data platform on an open and equal basis for all to use. Files.fm Library will combine the existing digital library creation principles with new hybrid semi-decentralized technology, using P2P fog network of web browsers in order to reduce the costs and limitations of centralized digital libraries. The Library will focus heavily on creating and maintaining a community of volunteers, who would upload, tag and oversee useful files and who in return would be rewarded with FFM tokens.

With series of problems ranging from legality of items, books, files, e.t.c File.FM Library will seriously focus on the legal issues that are involved in file sharing. File.FM Library will implement technologies for illegal content control as well; File.FM Library will cooperate with content creators too. File.FM Library will also use various technologies and techniques for content control, e.g artificial intelligence and community involvement. File.FM Library will follow and comply with the content publishing law regarding content creators and owners.

WHAT IS THE FILES. FM LIBRARY?

File.fm Library is a blockchain-based hybrid data library created and managed by the community and supported by direct micropayment, token incentives, shared traffic and storage. The library seeks to provide space and markets for its users where they can upload their files for future preservation.

The Files.fm library will be created by combining technology and best practices from a centralized and decentralized world. Both types of networks have advantages and disadvantages, so Files.fm will combine both to limit their weaknesses and highlight their facilities.

Bittorrent and other decentralized P2P networks are known to be not very reliable, because any file can become inaccessible at any time and the user interface is usually lacking. While the classic centralized client-server architecture has scalability problems – because the number of users increases, the speed drops but service costs increase.

In the Files.fm platform, P2P is used and interconnected in two main components:

For decentralized file sharing between users, based on a customized P2P Torrent framework and Files.fm functionality;
An independent and direct payment system between partners (seller-buyers) based on blockchain FFM.

P2P file sharing technology is used to ensure system growth, speed, and cost savings – to implement massive file sharing for a large number of fast-growing users to reach this target:

fast download speed;
unlimited traffic;
able to support thousands of users and simultaneous traffic spikes;
reduce service maintenance costs;
independent file exchange.

The Files.fm Library (FFL) project wants to develop an online data storage project by creating a legal and free Files.fm (FFL) Library using a digital file library that provides services to communities where people can easily search, access, and share content that useful online with copyright done right

The Problem

No legal file library with specialized file search that offers both paid and free content

No unified platform for content creators or aggregators to create personal public file catalogs

No single file marketplace with effective payments, ensuring transparent remuneration system for authors and correct metadata

The downside

No legal file library with specialised file search that gives each paid and free content

No unified platform for content creators or aggregators to form personal public file catalogs

No line marketplace with effective payments, making certain clear remuneration system for authors and proper information

As a result...

there is no universal, massive and free storage platform

to organize, store, and preserve helpful knowledge with specialised file search and viable validation choices

WHAT SOLUTIONS DOES FILES.FM PROFFER?

The solution of files.fm are numerous, it will interest you more after reading the full details in the White Paper, Some of the solutions and benefits of FILES.FM are listed below:

It gives helpful content assembled by network

It liberates Space on Computer empowers Watching of Movies Legally for Free

It also provides clear and a more suitable way of convinent legal control of content.

The project is crafted on two different decentralized-policy:

(i) Peer2peer file-sharing network in a browser as I have mentioned above.

(ii) Peer2peer payments-system on crypto.

It helps to Free Space on personal-Computer of which we can all testify.

It allows watching-of-Movies for Free without being questioned about law issues.

CONCLUSION

We quite understand and agree that there are many existing similar projects but the question is are this existing platform capable of proffering a standard and lasting solution to files and library management? , it is obvious that the usefulness of this project cannot be outlook, therefore, it is important that we all have our documents safe. I must confess that i was amazed after much research about this project, this is not just about whitepaper but about the team involved, the products etc. I urge my followers to maximize this project.

The Files.fm Library Token

Total Token Supply: 10 000 000 000

Limited Supply: Yes

Price per Token: $ 0.01

Symbol: FFM

Type: ERC-20 First Year Crowdsale:

Private sale: $ 1 000 000

Presale: $ 1 000 000

Public sale: $ 10 000 000

Conclusion

The idea of creating a file sharing service that ensures copyright compliance, allowing the free distribution and sale of files in the P2P format may be of interest to a huge audience. Files Platform.fm Library will provide high speed, security and safety of files, which is very important for most users. The growth of the audience, in turn, will lead to an increase in the cost of the platform tokens.