The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

ThreeFold Lays the Foundation for a True Peer-to-Peer Internet and Formally Announces Its Token Distribution Event

by Daily Hodl Staff
May 8, 2020
in Industry Announcements

May 8, 2020 – Ghent, Belgium


In 2016, ThreeFold identified the need for a new, upgraded, and more-secure internet – a peer-to-peer internet that empowers equality (access), autonomy to its users, and sustainability. Today, independent ThreeFold Farmers have collectively built the largest distributed peer-to-peer grid of internet capacity in the world, live with more than 40,000,000 GB of capacity and 15,000 CPU cores, and stretching across more than 20 countries.

The technology for this new internet has been created by ThreeFold Tech, which works with its partner Hewlett Packard Enterprise to provide ThreeFold Farmers with high-quality hardware.

An Alliance to Build a True Peer-to-Peer Internet

ThreeFold comes alive with a collaborative ecosystem of partners and projects called the Conscious Internet Alliance, focused on creating a more human and planet-centric world. Among them:

  • The Solidaridad Network, which aims to empower more fair and sustainable supply chains
  • 3Bot, your digital twin, a gateway to a peer-to-peer world
  • SEEDS, a regenerative financial system for a thriving global society
  • Take Action Global, creating opportunities for students to take action on social good causes
  • Artheon VR Museum, a free educational platform offering immersive cultural experiences
  • A peer-to-peer file manager, virtual browser, and more

Together, the alliance represents a group of projects that believe in the need for a new Internet that does good for the world. ThreeFold welcomes new partners who share the same belief and are ready to act.

The Token of the New Internet

The ThreeFold Grid is powered by the ThreeFold Token (TFT), which is now publicly available on the Stellar Network and will be listed on Liquid Exchange and BTC-Alpha Exchange towards the end of May. Proceeds from the token sale will be used to support projects focused on bringing experiences to the ThreeFold Grid, including some mentioned above.

The TFT is a decentralized digital currency that represents a unit of reservation of capacity (compute or storage) on the ThreeFold Grid, the largest peer-to-peer internet grid on earth.

It is a fully community-mined (farmed) token; there has never been an initial coin offering of any kind. TFTs are only created when physical hardware is connected to the ThreeFold Grid and can be exchanged for the utilization of grid capacity at any point. The token model incentivizes the further expansion of the ThreeFold Grid towards developing regions, especially Africa and South America. Additionally, part of the transaction goes to the Foundation to fund projects that are believed to bring a positive human or planet impact.

ThreeFold, along with its collective ecosystem of partners, believes that equality, autonomy, and sustainability are key pillars needed to achieve peace and fulfillment of humankind’s potential. Together, they aim to join forces to create and share better technological and non-technological solutions with the world.


ThreeFold is building a peer-to-peer internet that empowers equality, autonomy, and sustainability, and is supported by the ThreeFold Foundation. Its technology has been developed by ThreeFold Tech in collaboration with Hewlett Packard Enterprise, Kleos, and Flowgen as its technology partners. The team formed around co-founder and serial entrepreneur Kristof de Spiegeleer who has over 15 years of experience in cloud computing and a number of exits. ThreeFold is a planet-first project, believing that building technology and doing good for the world can go hand in hand.

If you would like more information about ThreeFold, please contact the team at spreadtheword@threefold.io.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 
ShareTweetShareShare
Submit a Press Release

Industry Announcements

  • Mooky.io – $750,000 Raised Within a Matter of Days
    June 5, 2023
  • DPAT Raises Private Funding To Enhance Web 3.0 Ecosystem
    June 2, 2023
  • Pink Moon Studios Reveals ‘KMON: World of Kogaea’ Pioneering a New Era in Web 3.0 Open-World Gaming
    June 2, 2023
  • OKX Proposes Industry-First BRC-30 Token Standard To Enable Bitcoin and BRC-20 Token Staking
    June 2, 2023
  • Devour and AlterVerse Partner To Bring the World’s First Web 3.0 Food Ordering Marketplace to the Metaverse
    June 1, 2023
  • Bumper’s Breakthrough DeFi Protocol Set To Reshape Options Pricing
    May 31, 2023
  • MetaZone Secures Funding To Expand the World’s First Tokenized App Platform for the Metaverse
    May 30, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$25,731.89
$25,731.89
5.79%
Ethereum
$1,808.13
$1,808.13
5.18%
Cardano
$0.351262
$0.351262
7.93%
XRP
$0.506114
$0.506114
6.82%
Dogecoin
$0.066427
$0.066427
9.13%

Spotlight

  • Bitcoin (BTC) About To Flash Signal That ‘Historically’ Marks Beginning of Fresh Bull Runs: Analyst PlanB
    May 29, 2023
  • Bitcoin Firebrand Michael Saylor Says Banking Establishment Will Oppose CBDCs, Predicts Stablecoin Wind Down
    May 29, 2023
  • Solana (SOL) Could See Massive Upside in the Future, According to VanEck Digital Assets Research
    May 29, 2023
  • Trader Who Caught 2023 Crypto Rally Unveils Strong Signal for Bitcoin (BTC) ‘Moon Time’ – Here Are His Targets
    May 29, 2023
Coinfest Asia Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl