ThreeFold Token (TFTUSD)

[wvdb]

Must read!!! Digital Farmers Will Take Back the Internet: https://medium.com/@livontheblock/digital-farmers-will-take-back-the-internet-19726f6e96f8

A new form of farming has arrived, and it’s going to take back the internet! Wait, what? Yes, you read that right. Farming is going to take the internet as we know it to the next level — out of the hands of big data monopolies and back into the hands of we the people.
ThreeFold, a digital organization working in the cloud and blockchain space, has developed advanced open source software to power mini distributed data centers (at home or anywhere there is electricity and internet connection), thus allowing you and I to become digital farmers, to collectively create an autonomous, secure, global decentralized network of storage and computing capacity. Hooray!
Huh? So what exactly does that mean? Well, if you don’t know much about the internet and how it works, that’s ok. Just do a quick search on how much energy (and physical space) it takes to keep the internet + all our selfies, cat videos and #foodporn and other important data alive. While you’re at it, ask Siri or Alexa (if you are on speaking terms with either) how much it costs to build just one of the many mega (hyperscale) data centers required to keep up with the Kardashians and the whole internet of things running quickly and smoothly, just the way we like (expect) it. You will soon find through your research that it is currently impossible and unsustainable to build the infrastructure needed to keep it all together.
Enter ThreeFold digital farming. A secure, energy efficient and sustainable solution to the internet (cloud) dilemma. You may have heard of miners, they use their computing hardware to ‘mine’ Bitcoins by solving increasingly complicated algorithms on the blockchain — this requires A LOT of energy! Ugh. ThreeFold Farming also uses hardware but in a different way thanks to open source self managing-self healing software. By connecting nodes (computing hardware) to the ThreeFold Grid, farmers are rewarded with monthly TFTs (ThreeFold Tokens — the exclusive medium of exchange on the ThreeFold Grid). TFTs are only ever created when new hardware is connected to the ThreeFold Grid, meaning their value is backed by the fastest growing commodity of our time, the internet. ThreeFold Farmers will soon be able to list and sell their storage and compute capacity from their connected hardware, to customers like app developers, engineers, programmers and anyone who may need large amounts of decentralized internet capacity and storage. This vastly lowers costs and energy consumption while spreading the internet to the ‘edge’ (closer to us, the end users). This means information remains local, private and doesn’t have to travel long distances or be stored in vulnerable, energy hungry, centralized data centers anymore. Win!
Digital farming will take back the internet by distributing and decentralizing IT capacity on a global scale, and YOU can be a part of the internet revolution. If you’re interested to learn more about ThreeFold, ThreeFold Tokens, the technology behind it all, how farming works, or to connect with the growing community, visit threefold.io.