FILES.FM: A BLOCKCHAIN BASED HYBRIDGE LIBRARY

in #blockchain6 years ago

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INTRODUCTION

Presently, there are three main problems in the online file sharing service field such: insufficient data preservation for future generations and limited free to use file sharing,non-competitive legal alternatives for illegal file sharing. Having solution to this problem there will be creation of Files.fm Library (FFL) – legal and free to use digital file library that provides the service for society where people can easily search, access and share useful content online with copyrights done right.
Creating the files.fm library it will enable the magnificent usefulness of community supported P2P networks and eliminate their challenges such as:

  • To enable community members to receive remuneration for doing useful work to store digital heritage for the sake of current and future Internet users.
  • To enable Internet users to access useful free and paid content in an easy and legal way.
    Reward authors for their work.

ABOUT THE PLATFORM

The files.fm Library is a blockchain-based hybrid data library that is created and maintained by community and powered by token incentives, shared traffic, and storage direct micropayments. The files.fm library plan to provide its users with space and a marketplace where they could upload their files for future preservation. More also users can sort the file contents by adding them metadata such as keywords, tags, descriptions, links or marking the content as illegal or copyrighted. If the data added by the user is similar to what other users add, the user will receive files.fm library Tokens. If the system detects that the user is constantly inputting data that is different, the user will be punished with a files.fm library token withdrawal or ban from the platform.

PROBLEM IN THE MARKET WHICH THE FILES.FM LIBRARY SEEKS TO SOLVE
The files.fm library come across some problems in the cryptocurrency market which are listed below:

  • Limited free to use file sharing
  • Non competitive legal alternatives for ilegal file sharing
  • Limited existing platform abilities ( usability, storage, traffic and functions)
  • Insufficient data preservation for future generations.

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SOLUTION TO THE ABOVE PROBLEMS
The files.fm library stands to provide a way forward to the challenges in the cryptocurrency market by creating a legal and free acess to make use of the digital file library that provides the service for society where traders can easily serach, access, store and share useful content online with the copyrights that is done right.Presently there are no large ( acess of storing hundreds of petabytes) and free storage platform with specialized file search, sufficiently useful content and user-friendly interface.

HOW THE FILES.FM LIBRARY WORKS
The main actions that can be done in the files.fm libary system by users are content search, use, adding, sorting, copyright claiming and content selling, as well investing their resources in the P2P network.

TOKEN ICO
Soft Cap: $ 3’000’000
Mid Cap - first round: $ 10’000’000
Hard Cap: $ 20’000’000
Symbol: FFL
Total Token Supply: 10’000’000’000
Public & Private Sale: 2’000’000’000
Limited Supply: Yes
Type: ERC777/ERC20
Starting price per Token: $ 0.01

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CONCLUSION
In conclusion, the files.fm library aims to ensure data presrvation for future generations, to eradicate illegal file sharing and to provide a convinient and searchable free to use file sharing. The corner stones will be usability, community and content and it will also implement a powerful search engine and cataloque and the system will work in any web browser.

#FilesfmLibrary, #library, #storage, #tokensale, #blockchain.

For more information about the project click the links below:

website - https://library.files.fm/
ANN - https://bitcointalk.org/index.php?topic=4949343.0
twitter - https://twitter.com/files_fm
facebook - https://www.facebook.com/Filesfm/
whitepaper - https://files.fm/f/952tqfun
telegram - https://t.me/filesfm

Authors Details
Bitcointalk username: kingairdrop
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1862137

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