What is ThreeFold Token?
The ThreeFold Token (TFT) powers the People’s Internet. It is the official medium of exchange for Internet capacity on the ThreeFold Grid. It allows people and companies to sell and use Internet capacity on the Threefold Grid without any intermediaries, providing a revolutionary incentive model that powers the shared Internet economy.
TFT is earned when Farmers provide Internet capacity and keep it connected to the People’s Internet for others to store data and run workloads on top of it. Every month, Farmers are rewarded for the Internet capacity they provide in the form of TFT.
TFT is also used by people, developers and companies to store their files privately and run their decentralized applications on the People's Internet.