Thats a great question, and I'm glad you asked it..

Unlike other blockchain storage solutions which have no experience at storage at all. We have been operating for a few years as reliable free storage company and have built up a reputation as a robust file and data storage company. What really makes us different is that we can offer right now without the blockchain the capacity to sell content from your cloud storage. embed documents into your own sites, embed upload windows into your own websites, add galleries to your websites, We will be implementing the blockchain from a solid foundation of being a storage company, not building a blockchain and trying to make storage fit the solution.

We will start by using the ERC-20 token as a means of token distribution, and the token economics of our ecosystem but we will be building a bridge to our own or a partners blockchain as we progress. We live and breath cloud storage..! None of the competitors has offered an ideal solution. Here are some of the flaws in the competitors....

Slow file transfers, downloading the whole blockchain before being able to view or upload content, no access to private keys, browser specific, etc..

Soon we will show you how we will totally streamline and solve all these issues.. with a nice tidy solution..  We hope you will join us for this journey!

thanks for that! please take a look at our Lightpaper and feel free to leave any comments.

We are indeed experienced in file storage! none of our competitors offer unlimited bandwidth, unlimited storage and the capacity to embed and sell content online.. we will really be brining some interesting battle tested elements to our files.fm library project.

I can understand some of the UX/UI issues people have been having, you will be pleased to know we will be refreshing the design soon, and tweaking some of these issues

Glad to have you onboard!

Great news, I've been able to convince our team members to upload our Lightpaper while we are still working on a few other elements of the whitepaper and our business strategy.

I hope you guys will find this an interesting overview.

https://files.fm/down.php?i=8gbh39s7

We look forward to hearing your thoughts, suggestions, comments.


 

It's great to see a lot of groups (ICO's and alike) are using our free storage to upload whitepapers and documents for their ICO's. Helps with the legitimacy of our Files.fm Library to know we are an established name in storage space.

Happy to post the whitepaper once we feel its finalised and ready for public consumption.

Its not all doom and gloom! if you are unable to participate in the ICO there is still good news, you can earn tokens by participating in the network and sharing storage space as a node. Also if your country is one of those unfortunately unable to participate you can always purchase tokens from an exchange once they are on exchanges.

Although the model we are creating is about a free decentralised P2P/Hybrid world library. There will be ways in which peoples contribution the ecosystem, from uploading, downloading, editing meta data, will be able to earn tokens. This will be discussed more in detail when we make our whitepaper and other announcements public.

why not join us in our telegram channel, meet the team and find out more!

https://t.me/filesfm

Etherium isn't the long term play... You guys should look at the competition these days which are doing things better and more constructive. Bitcoin is a great store of value, but Etherium is blockchain 2.0..blockchain 3.0 could be an ecosystem which is based on governance, kinda like what the DAO wanted to achieve if it wasn't hacked.

Don't you think this is where index fund tokens could really help with this space, they have the specialists and people who know the TA of trading, so you expose yourselves to less risk. I think a index fund token is the best solution in times like this.

Max Keiser is a total failure. He failed in Hollywood, Failed in the Media, failed with Start Coin, failed with Join Coin, and peddles an opinion which I think is utter crap and only looking out for his own objectives with his suspicious crony associates like (Reggie Middleton - Veritaseum) go take a look at his site Max is always promoting him..

I think buying the dip is rather challenging as you don't know if these teams will collapse following a dip. I think its much wiser to just buy an index fund token which employs a team of people to critically assess the market at all times and with valuable TA experience.. are able to make the best decisions for the token, long term. Pay a small price to have professionals micromanage your exposure, relieve yourself of all the stress.

more and more countries are considering bitcoin as a financial instrument. I doubt it will ever drop to 1000$, I think regulation is a double edged sword and as more and more regulation comes into effect people are less likely to want to invest. At the same time, ETF's and Futures, banks trialing selling crypto directly to the end user without the need for exchanges allows savvy typical investors in the stocks and shares to jump on board without having to jump thru exchange KYC regulation. I think crypto is a great investment if your looking to mix up your portfolio say 10%-15% crypto for mid to long hold.

I've recently been reading 'Confessions of an economic hitman'. I think the phrase The end justifies the means is relevant to what was happening in the situations in that book. Economic hitman would be like vultures in the sky looking for countries which were seeking development to appease the local people and prevent from regime change, civil war, etc. These countries would be given huge amounts of investment in the shape of loans, which the economic hitman would model situations which they hope they would either have to go into huge amounts of debt or the countries would have to allow the building of army bases, huge discounts on oil, being sympathetic to American interests and needs, etc as a way to slow down the debt the country incurred. 'the end justifies the means' in this situation due to the quality of life the local people would benefit from the newly built schools, airports, oil pipelines, etc which would hopefully after many years, be able to pay off.

Is the situation ideal? no, ultimately only the construction contractors, and the assets the Americans controlled in the country ultimately benefited. but on the back of that scenario the local government were able to satisfy the needs of the local people, stay seated in power, and improve literacy, technical and academic levels.

I think a nice idea for a project would be PROOF-OF-TREE, forrest land brought which could have its yeld chopping down on a 10 year cycle and the profits put back into the token or some form of buyback scheme, as people invest and the token goes above 1$ new forestry land can be brought and new trees planted for another 10 year harvest. its ecological, its sustainable, its renewable and its marketable.

theres a crypto FIRESALE going on right now.. anybody who's made 100x hopefully would have put funds aside for days like this. I agree with other posters on here a lot of ICO tokens were overpriced.. but a substantial project should really goto 0. my two cents!

HODL for life!

Thanks for posting this, great to be aware of some of the risks out there.