AOFEX opens the deposit and withdrawal of FIL（Filecoin）mainnet on October 16 (GMT+8), the specific times are as follows:
Deposit: 01:30, October 16, 2020 (GMT+8) (Board Market: FIL/AQ, FIL/USDT)
Withdrawal: 15:00, October 16, 2020 (GMT+8)
Please note: the following contents are abstracted from the existing information on the Internet at the time of the announcement, which is for reference only. AOFEX has made a closer effort to check that, but there may be information out of date, error or omission.
FIL (Filecoin) Introduction:
The InterPlanetary File System (IPFS) is a global, point-to-point distributed version file system. Its goal is to supplement (or even replace) the hypertext transfer protocol (HTTP), which currently dominates the Internet, and connects all computing devices with the same file system.
Distribution date: October 15, 2020
Demonstrations and warm prompts on the circulation of the main net of FIL
The circulation of FIL token in the whole network mainly comes from the unlocking of official held token, initial investor token unlocking and mining output of miners. According to the current plan, the whole network will release more than 50 million FIL in three months and more than 100 million FIL in six months (this is the estimated amunt, and the specific amount is subject to the actual plan implemented by the official and the blockchain). The initial circulation rises rapidly, and it is limited with a high demand. This may cause the high price. In the future, with the release of circulation, there may be a great fluctuation on the price.
On the other hand, the FIL community is discussing a series of FIPs. For example, in the FIP003 proposal, some people suggest to increase the proportion of initial miners' reward. At present, the upgrade proposal is still under discussion and has not been adopted. However, in the future, if there are new proposals adopted, they may have a significant impact on the market price of FIL. We hereby remind you that you should pay a closer attention to it.
For more details of Filcoin upgrade proposals, please view:
Digital asset is a high-risk investment product featuring by wild fluctuation, round the clock trading and so on. We highly recommend that users involve and invest very carefully after understanding the rules and risks. It is highly necessary to be aware of the risks by considering the experience and tolerance.
Thanks for your support!
October 16, 2020