TFT lets you be your own bank. You can control your own funds with your wallets as proof of ownership – no third parties needed.
Internet money may be new but it's secured by proven cryptography. This protects your wallet, your TFT, and your transactions.
You can send your TFT directly to your contacts, without any intermediaries such as banks. It's like handing cash over in-person, but you can do it securely with anyone, anywhere, anytime.
1 TFT represents a unit of storage and/or compute (CPU, RAM, SDD/HDD) on the ThreeFold Grid - the peer-to-peer alternative to the current Internet & cloud.
Using Stellar as the transactional blockchain gives TFT holders access to a wide range of proven wallets and exchange opportunities. More blockchains are to be integrated in 2021.
There are many cryptocurrencies and lots of other tokens out there, but there are some things that only TFT can do.
It is the official medium of exchange for capacity on the ThreeFold Grid.
Farmers, the equivalent of miners on the Threefold Grid, get rewarded in TFT according to the amount of capacity (CPU, RAM, SDD/HDD) they connect to the network every month, we call this proof-of-capacity.
Users, developers, and enterprises use TFT to reserve the capacity they need to create, use and share their workloads and applications on the network.
TFT will become even more important with vesting. When you stake your TFT you'll be able to help secure TFT and earn rewards. In this system, the peer-to-peer community finds an interest to hold the token to stimulate a healthy economy.
TFT represents a unit of compute and storage capacity (CPU, RAM, SDD/HDD) on the ThreeFold Grid. From our favourite application to our chats and videos, everything we use digitally needs compute and storage to be live.
Not satisfied with payment systems? The ThreeFold community is building a whole financial system that's peer-to-peer and accessible to everyone.
In 2021, TFT will run on a peer-to-peer exchange, providing the ThreeFold community with protection mechanisms for a resilient economy.
TFT continues to have more use-cases. In 2018, all you could do was send TFT from one TFT account to another. But here a few things you can do today.
Exchange your TFT with other tokens including Bitcoin.
Deploy your workloads and apps with your own VDC and marketplace.
Earn by vesting your TFTs (coming 2021).
The TFT is valuable in different ways to different people. For TFT holders, TFT is valuable because it is worth actual compute and storage capacity.
Today, TFT is becoming valuable to developers and enterprises deploying their solutions on the ThreeFold Grid. That's because you can use TFT to reserve fully private and secure capacity in the most technologically advanced Internet architecture.
Of course many also see it as an investment, similar to Bitcoin or other cryptocurrencies. But it shouldn’t be seen as an investment vehicle or way for short term gains or speculation as it is a way to participate in the p2p Internet.