cryptopromisespromises, checked
Dashboard

Filecoin

FIL

Live. Machine-drafted, not yet checked by a person.

Hot: new software releaseFull record
#1of 13 storage networksthe typical one is worth $40.88M$68.58Kpaid in fees, 30 dayswhat people paid to use it#86of all coins by sizeworth $733.96M today169.49Kpeople keep it on a watchliston CoinGecko, a measure of attention

Filecoin describes itself as a decentralized way to store data, as an alternative to using cloud storage companies. Its pages make no dated promises we could check. It trades at $0.8869, #86 of all coins by size, 100% below its highest ever price.

This week in the news: new software release.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. Biggest of 13 storage networks. Nothing to be careful of on the record.

Is it real?

2 of 4tests passeda real job, real backing, something ahead, room to grow
3named backersPantera Capital, Sequoia Capital
5 yearson the marketsince 1 April 2021
169.49Kpeople watch iton CoinGecko lists
ExpandCollapse

2 of 4

  • ✓A real-world jobReal-world purpose: decentralised storage
  • ✓Real backingBacking: backed by Pantera Capital; in the GMCI 30 Index; trades on Coinbase, Crypto.com, Kraken
  • –Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

Backed by Pantera Capital and 2 more

  • Origin1 April 2021about about 5 yearsTagged Made in USA on CoinGeckofilecoin.io, GitHub, Whitepaper, Wikipedia
  • DevelopersJuan BenetFounders per WikidataDeveloper: Protocol LabsCode activity not checked
  • BackingPantera Capital, Sequoia Capital, Blockchain CapitalInvestor tags from CoinGeckoIndex: GMCI 30 Index, GMCI IndexListed on Coinbase, Crypto.com, Kraken, Binance
  • Standing on the recordNo recordNo dated promise to judge yet86 headlines last month, 1 about government169,493 people keep it on a CoinGecko watchlistNo corrections needed so far

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

ExpandCollapse

Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

ExpandCollapse

How big is it next to its rivals?

#1of 13 storage networksthe typical one is worth $40.88M
$733.96Mworth todayprice × coins out
$40.88Mthe typical rival is worthStorage
$322.77Mthe next biggest is worthBitTorrent
ExpandCollapse

Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Decentralised storage

21 coins tagged Storage, worth $1.66B together. #1 of 21 by worth.

Storage: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Filecoin$733.96Mthis coin−12.2%no maxnone dated
  • BitTorrent$322.77M2.3× smaller, −$411.19M−1.3%, gap +10.9100% outnone dated
  • Arweave$175.96M4.2× smaller, −$558M−5.3%, gap +6.999% outnone dated
  • AIOZ Network$91.47M8.0× smaller, −$642.49M+1.5%, gap +13.7no maxno record
  • Walrus$70.31M10.4× smaller, −$663.64M−3.5%, gap +8.751% outno record
  • Holo$66.22M11.1× smaller, −$667.74M−1.4%, gap +10.8no max17 of 19 delivered
  • Siacoin$43.24M17.0× smaller, −$690.72M−5.9%, gap +6.3no maxno record
  • Ocean Protocol$38.51M19.1× smaller, −$695.45M+1.0%, gap +13.217% outno record
Same job, different how

Storage: this coin next to BitTorrent, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Filecoin says
Filecoin describes itself as a decentralized way to store data, as an alternative to using cloud storage companies.
BitTorrent says
The project calls itself BitTorrent Chain.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Filecoin describes itself as a decentralized way to store data, as an alternative to using cloud storage companies.

Its listing puts it this way: The Filecoin network achieves staggering economies of scale by allowing anyone worldwide to participate as storage providers. It also makes storage resemble a commodity or utility by decoupling hard-drive space from additional services.

Problem it says it solves: decentralised storage. 21 coins are working on it and together they are worth $1,658,269,102. This coin is 44% of that.

Where it trades: Coinbase, Crypto.com, Kraken, Binance, Gemini

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

ExpandCollapse

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.8869price of one−12.2% today
100%below its highest ever$237 on 1 April 2021
100%of the supply is out827.81M coins
$68.58Kpaid in fees, 30 dayswhat people paid to use it
ExpandCollapse

The last 7 days

7 days ago: $0.8386now: $0.8869 (+4.6%)

Where today sits against its highest ever price

$0.8869

Highest ever: $236.84 on 1 April 2021. Today is 0% of that.

42%

of all FIL that will ever exist is already out in public hands: 827.81M coins.

58% (1.13B coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Pays for every use of its network

Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.

  • Every transaction on its network pays a fee in it
$0.8869price of one
×
827.81Mcoins out
=
$733.96Mworth today, #86 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 827.81Min circulation of 1.96B total. No hard maximum is set, so more can be created.
  • 2.4×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 0%of its all-time high of $236.84 on 1 April 2021. That is −99.6% from the top.
  • #86by market cap, $733,956,381.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $3M is locked in apps built on it right now
  • Users paid $68.58K in fees to use it in the last 30 days, $68.58K of that kept by the network

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

86headlines, last monththat name this coin
1about governmentregulation, courts, central banks
ExpandCollapse

Headlines per day, last 30 days

86 headlines named this coin in the last month.

What they were about

  • Price29
  • AI8
  • Unlock5
  • Treasury3
  • Partnership1

Why it movedDown 12% today. Headlines that name it: Filecoin (FIL) Supply Shock Looms as Best Crypto To Buy Now Buyers Race Into AlphaPepe Before Stage 20 Closes (StreetInsider, 6h ago) Filecoin Surges 25% on Supply Reduction, Bullish Narrative (CoinMarketCap, 7h ago)

In the news
What people are talking about, last month:

86 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Promises0from its own pages
Page copies244 pages watched
Confirmed0by outside news
Checkedmachinedraft until checked
ExpandCollapse

Six facts, the project's own replies, its peers, contract facts, references and every stored copy

What it says it is

Filecoin describes itself as a decentralized way to store data, as an alternative to using cloud storage companies.

“Filecoin is a decentralized alternative to today's storage solutions, offering a better foundation for humanity's information.”
source · snapshot · captured 2026-09-10
Stage and age

Live. The record does not yet cite when this stage began.

Promises

No dated or committed promises have been recorded yet.

Others in storage networks: Internet Computer 20 of 23, Holo 17 of 19.
Last activity

No public code repository is listed in this record.
None of the project's captured pages has changed since capture began on 10 September 2026.

Open flags

Nothing further to flag from the record as it stands.

Checked?

This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.