Files.fm Library (FFM) ICO review
Files.fm Library is a blockchain-based peer-to-peer library for useful free and paid content that will provide one single place to publish and preserve useful files of all types. Using this platform, anyone can publish files that they think have some value. These files will be stored on a hybrid-decentralized network to ensure fast download speed and uninterrupted access to files, even if there are no seeders online or the main servers go down. Users will be able to receive tokens for useful work - uploading, sorting, tagging files - and will be able to spend them on legally buying copyrighted files, increasing private storage space or exchanging them for other extra services.
Nothing is totally broken, but internet users would benefit from open, community supported decentralized systems and free access to useful information. Any initiative , like Wikipedia, that is democratic and serves the interests of society for common good rather than the ind ividuals is desirable.
In the currently existing online file sharing service field we see three main problems: non - competitive legal alternatives for illegal file sharing, insufficient data preservation for future generations and limited free to use file sharing. As a solution to these problems we want to create Files.fm Library (FFL ) – legal and free to use digital file library that provides the service for society where people can conveniently search, access and share useful content online with copyrights done right. By creating FFL we want to enable the magnificent usefulness of community supported P2P networks and eliminate their shortcomings: Enable Internet users to access useful free and paid content in an easy and legal way; Reward authors for their work; Enable community members to receive remuneration for doing useful work to store digital heritage for the sake of current and future Internet users; We will do that by implementing: Scalable hybrid decentralized community supported storage platform; Correct and viable business model; Blockchain as a distributed, transparent read-only database to enable fast and micro payments, store copyrights, useful work done and reward distribution For FFL development we are going to use the technical base of our existing system Files.fm cloud storage platform that we created in 2008 and have been continuously improving until nowadays.
In the existing system we have already implemented centralized file storing, sharing, selling, publishing and distribution.