Token provides stable and secure storage.
1) Clear utility - permanent cloud storage on platform, if locked.
2) Spend tokens on other services or sell tokens at free market.
3) Rent your tokens out to other users who need the service or stake them.
4) Receive perks on the platform.
The Files.fm token derives value from its utility and dual nature - as a cloud storage provider and a unit of exchange for services in content marketplace and platform.
It provides an source of income for content creators, token holders, liquidity providers and renters. The more users will adopt CLOUD, the more volume and demand.
The fixed total supply is 10’000’000’000. Split for R&D investment rounds, crowd-sale, development, hardware, team, airdrops, bounty, community rewards and marketing. The large volume reflects present demand and future use-cases.
To use files.fm tokens inside the platform, you must lock them via smart contract. This reduces the number of tokens available on the free market.
To incentivise locking/staking there is a 20% APY reward for your first year.