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ThreeFold

ThreeFold

Project
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About

What is ThreeFold (TFT)? Founded in 2016, ThreeFold is a fully comprehensive peer-to-peer Internet and Cloud stack that enables universal access to a smart contract-based infrastructure. According to its documentation, ThreeFold allows any current or future digital workload including blockchains, IoT networks, oracles, decentralized organizations and applications, to be hosted natively on their tamper-proof and ultra-efficient decentralised infrastructure. ThreeFold is driven by an open-source community of projects, stack developers, node operators, infrastructure experts and more. They focus on protecting the vision of a truly decentralized Internet infrastructure that is available, accessible and affordable to everyone, everywhere. The ThreeFold Token (TFT) is a utility token that was designed to ensure anyone can participate in exchanging Internet and Cloud resources in the network without intermediaries. It incentivises node operators with monthly income and is used by developers to build and run workloads. Learn more about ThreeFold on their [website](https://threefold.io/). Who are the founders of ThreeFold? Kristof de Spiegeleer is a co-founder and CEO at ThreeFold. After completing his masters degree in computer engineering at the university of Gent, de Spiegeleer started building the first data center in Europe with PSI Net in the mid 90s. Followingly, he founded many ventures that brought significant improvements to cloud automation and Internet storage. These were then acquired by Symantec, Verizon, Oracle, TeleNet and more. In 2014, he started meeting other industry experts and co-founders of ThreeFold such as Adnan Fatayerji, Weynand Kuijpers, Owen Kemp and many more. Together, they decided to start from scratch and build the most decentralized Internet and Cloud infrastructure to power the web3 and web4 era. What makes ThreeFold Unique? ThreeFold is the first blockchain-enabled infrastructure to start from scratch on the Linux Kernel. Only by doing so could they eliminate unnecessary code and backdoors that impacted efficiency and security in the current Internet and Cloud models. ThreeFold’s state-of-the-art technology enables quantum security and up to 10x energy savings for storage workloads. With solutions highlighted by a game-changing quantum-safe storage system, a next-generation docker container environment and a secure peer-to-peer network, what they created is the most comprehensive, secure and decentralized Internet and cloud infrastructure in the world. They integrated with industry-leading tools and frameworks, and anything that runs on Linux can run on ThreeFold’s operating system. More than just an Internet or Cloud project, ThreeFold represents the substrate for the decentralized Internet and cloud. How many ThreeFold Tokens are in circulation? TFT listed on Liquid exchange in June 2020 and announced a total and maximum supply of 4,000,000,000 TFT tokens. The current supply and token distribution

TFT/USDT

No chart data available

Founded
2018 · 8y

History

2023
Mar 20, 2023product launchmajor

ThreeFold Grid 4.0 Launch

2021
Jun 15, 2021product launchmajor

ThreeFold Grid 3.0 Release

2020
Aug 1, 2020partnershipmajor

Partnership with Internet of Things (IoT) Networks

2018
Apr 20, 2018product launchmajor

ThreeFold Grid 2.0 Launch

Jan 1, 2018founded

Founded