ThreeFold Token Overview

Table of Contents


Introduction to TFT

ThreeFold tokens, or TFTs, are exclusively generated when new capacity is added to the TF Grid. There are no centralized issuers. Tokens have not been created out of thin air.

While the ThreeFold Grid can expand, a maximum of 1 billion TFTs can ever be in circulation. This limit ensures stability of value and incentivization for all stakeholders.

TFT lives on the Stellar Blockchain. TFT holders benefit from a big ecosystem of proven wallets and mediums of exchange.

By employing Stellar technology, TFT transactions and smart contracts are powered by one of the most energy-efficient blockchains available. Furthermore, TFT is the medium of exchange on the greenest internet network in the world. The market for farming, cultivating and trading TFT is open to all.

Anyone with internet connection, power supply and necessary hardware can become a Farmer or trade ThreeFold tokens (TFT).

By farming, buying, holding, and utilizing ThreeFold Tokens, you are actively supporting the expansion of the ThreeFold Grid and its use cases — creating a more sustainable, fair, and equally accessible Internet.

Proof-of-Capacity

ThreeFold uses proof-of-capacity to mint tokens. Since the genenis pool, all tokens that are being minted are the result of farming. Minting will stop during 2024, to keep the total amount of TFT at 1 billion, instead of the previously planned 4 billion. Read more about this here.

For more details, see Proof of Capacity

Proof-of-Utilization

TFT is used on the TFGrid to purchase network, compute and storage resources through the proof-of-utilization protocol.

Proof-of-Utility Distribution Flow

For more details, see Proof-of-Utilization

TFT Distribution

The supply distribution of TFT is as follows:

Supply DistributionQty (Millions)
Total supply942
TF Foundation Supply162
Circulating supply780
Maximum supply1000

The total supply of TFT is distributed as follows:

Total Supply DistributionQty (Millions)
TF Foundation: Ecosystem Grants22
TF Foundation: Promotion & Marketing Effort100
TF Foundation: Ecosystem Contribution & Liquidity Exchanges40
Genesis Pool & Farming Rewards780

TFT Marketcap and Market Price

The TFT market price and marketcap are as follows:

DescriptionValue
TFT Market Price0.039 USD
TFT Market Cap30,420,000 USD

The market cap is equal to the product of the TFT market price and the circulating supply.

Market Cap = (TFT Market Price) X (TFT Circulating Supply)

The values here are subject to change. Check the current market conditions.

Complemetary Information

Disclaimer

Important Note: The ThreeFold Token (TFT) is not an investment instrument. TFTs represent IT capacity on the ThreeFold Grid, farmers create TFT, developers use TFT.

Last change: 2024-03-14