### What is ThreeFold Coin (TFT)?

ThreeFold Coin (TFT) is the native utility token of the ThreeFold ecosystem, which aims to decentralise the internet by creating a peer-to-peer network of storage and compute capacity. This initiative seeks to provide a more secure, private, and sustainable internet infrastructure. TFT serves as the medium of exchange within the ThreeFold Grid, incentivising resource contributions and enabling decentralised applications and services.

### How does ThreeFold Coin work?

- **Resource Provision:** "Farmers" contribute storage and compute resources to the ThreeFold Grid by running ThreeFold's proprietary hardware or software solutions. In return, they earn TFT tokens.
- **Utility:** Users spend TFT to deploy applications, store data, or utilise compute power on the grid.
- **Ecosystem Sustainability:** The model incentivises participation while offering affordable, scalable internet services to users.

### What are the potential use cases for ThreeFold Coin?

#### Applications:
- **Decentralised Hosting:** Developers can host websites and applications on the ThreeFold Grid, reducing reliance on centralised servers and enhancing security.
- **Data Storage:** Enables individuals and businesses to store data in a decentralised manner, ensuring privacy and resilience.
- **Compute Services:** Provides decentralised computing power for running applications or handling complex computations.
- **Internet of Things (IoT):** Supports IoT devices with decentralised storage and compute capabilities for efficient data processing and management.

#### Industries:
- Decentralised computing
- Cloud storage
- Blockchain technology
- Internet of Things (IoT)

### What is the history of ThreeFold Coin?

ThreeFold was founded to create a more equitable and sustainable internet. The project launched TFT to facilitate transactions within its decentralised network. Over time, the ecosystem has grown to include more contributors and users, supporting global access to decentralised internet resources.

#### Key Milestones:
- Launch of the ThreeFold Grid and TFT token.
- Expansion of infrastructure and user base to democratise access to internet resources.


ThreeFold

Deposits and withdrawals are not currently available for this coin.

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