If you’re new and confused about $FIL here’s the simple version 👇

Filecoin is like Airbnb… but for data storage. People rent out unused hard drive space. Others pay to store files securely. Payments happen using FIL tokens.


No banks. No big tech servers. Just a global network storing data.


Key highlights:

✅ Stores files in a decentralized way

✅ Users pay with FIL

✅ Storage providers earn FIL


Why does this matter? Because data is everything. Apps, NFTs, AI models, backups — all need storage. Filecoin tries to solve that without relying on one company.


My view? Even if price is boring sometimes, the idea itself isn’t going away.


So if you’re new — do you understand $FIL better now, or still got questions?

$FIL

FIL
FILUSDT
0.897
+1.93%
FIL
FIL
0.898
+1.93%



#CryptoBasics #learncrypto #Filecoin