What is the ThreeFold Token?
ThreeFold Token (TFT) is a decentralized digital currency used to buy autonomous and decentralized Internet services (compute, storage, applications) on the ThreeFold Network – generated only when active capacity is added to the ThreeFold Grid.
It has a specific commercial utility, since ThreeFold Tokens were conceived as the designated currency for buying and selling capacity on the ThreeFold Grid.
ThreeFold Tokens are exclusively produced through a process called farming, which means that TFT are generated only when new Internet capacity is added to the ThreeFold Grid. There is no wasteful mining.
TFT are managed by the ThreeFold Blockchain (“TF Chain”). The TF Chain can issue a maximum of 100 billion tokens.
It has a specific commercial utility, since ThreeFold Tokens were conceived as the designated currency for buying and selling capacity on the ThreeFold Grid.
ThreeFold Tokens are exclusively produced through a process called farming, which means that TFT are generated only when new Internet capacity is added to the ThreeFold Grid. There is no wasteful mining.
TFT are managed by the ThreeFold Blockchain (“TF Chain”). The TF Chain can issue a maximum of 100 billion tokens.
Updated on: 06/07/2023
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