What Is ThreeFold (TFT)?

ThreeFold (TFT) is a decentralized cloud crypto platform that introduces an internet that empowers equality, autonomy, and sustainability for users worldwide. ThreeFold is building an ecosystem of IT infrastructure that improves IT online capacity to fit the growth in demand from IoT, Machine Learning, AI for compute and storage needs(by using blockchain technology).The internet of things (IoT) are a set of devices that can share data on the internet without requiring human intervention. ThreeFold's P2P internet comes with security, reliability, and high-end hardware performance. 

As per its whitepaper, the internet consists of high power-consuming data centres and is primarily privatized and owned by tech giants. These giants also happen to own the biggest online free-to-use platforms. Users become products of these organization’s business models by owning the infrastructure and the digital experiences users consume without paying for it. As a result, users' data is being collected and isn't owned by users. ThreeFold flips the current data centre model and allows people to connect internet capacity in hardware and earn income from it.

ThreeFold grid enables:

1. Internet for the people

2. A world where users own the value of their data

3. Exchange value without intermediaries

TFT is the currency of ThreeFold. TFT is a decentralized currency representing a unit of reservation of capacity (compute, storage) on the peer-to-peer network. TFT is the payment medium of exchange on the peer-to-peer internet brought by ThreeFold. The token connects the world of blockchain and cloud markets without compromising performance, security and privacy. TFT is built on the Stellar Blockchain. Stellar is a decentralized protocol on open-source code to transfer digital currency to traditional currency domestically and across borders. The farming market, cultivating and trading TFT is open to all. Anyone with an internet connection, power supply and necessary hardware becomes a farmer or is able to trade ThreeFold tokens (TFT). By purchasing, holding, and utilizing ThreeFold Tokens, users actively support the growth of the ThreeFold Grid and help to create a more sustainable Internet.

History of ThreeFold (TFT)

Kristof De Spiegeleer founded the platform in 2017. Kristof is a humanist and motivated entrepreneur who is passionate about helping to make the world a better place through technology. TFT has a maximum supply of 4,000,000,000 tokens.