File Storage Token
A digital asset used to access or pay for decentralized file storage services on blockchain-based platforms, allowing users to store, retrieve, and manage files securely and efficiently.
What You Need To Know
File storage tokens represent a shift toward decentralization in how data is stored and managed online. They address critical issues such as high costs, lack of ownership, security vulnerabilities, and censorship associated with centralized cloud services. For example having the ability to use the extra space on your computer as cloud storage, for "rent" earning you income.