CoinNetwork Launches FSC Coin, an Eco Friendly Digital Asset listed on LBANK Exchange

Ulan Bator, Mongolia, 13th Mar 2023 – On November 3, 2022, File Sharing Coin (FSC) was listed on LBank Exchange, a worldwide digital asset trading platform. FSC is an eco-friendly digital asset that can be mined anywhere in the world using IPFS (Interplanetary File System). File Sharing Coin  is a mining technique that makes use of bandwidth utilized for services such as OTT and web hard, and it can be mined at any time from any location. File Sharing Coin has been developed on such an eco-friendly digital platform that it doesn’t need the management of separate mining equipment.

Based on extensive experience and participation in the creation of different movie content, CoinNetwork developed Fileshare Coin to allow mining utilizing traffic produced while sharing online materials. Every day, fresh content is created, and FILESHARE is a safe currency that is mined as a never-ending content resource. Coin Network runs the content platform directly and offers a steady mining and usage site for FSC. FILESHARE enables a NFT market that trade NFTs issued by Ethereum as well as NFTs scheduled to be issued by major platform Coin through FILESHARE Coin. Users can upload NFTs, such as uploading content, which can permanently delegate authority over NFT ownership as NFT transactions are recorded on the block when NFT transactions are made on the FILESHARE platform by smart contracts. Upon launch of FILESHARE blockchain’s main net, FILESHARE’ own NFT is periodically issued, and the identity of the affiliated content and the exclusive content produced by the user is traded between users in the form of NFT.

Fileshare Coin stores and shares files using peer-to-peer network technology, and it employs a grid-peer network to increase Internet speed for file downloads and streaming. Data centralization, speedy search, and file sharing speed are enhanced by analyzing the benefits and downsides of the Hybrid P2P technique + Pure P2P method. Fileshare Coin extracts unique information of digital content to build a database, and security is improved by the convergence of content filtering technology and NFT method. In addition, information on NFTs is also recorded in databases acquired through content filtering, and copyright management and distribution service technologies are also supported.

FSC coin offers several benefits in terms of technology and service, developed and operated by COIN NETWORK, presently partnering with many businesses and preparing for expanded listing on a variety of major global trading platforms. The FSC token is the File Sharing platform’s own cryptocurrency. In this way, both the content platform company and the content consumers make use of it. Users can purchase everything from groceries to designer clothes using FSC, and it can be exchanged for a stable currency. What’s more, FILESHARE has its own portable wallet that’s quick, safe, and simple to use.

The total number of FSC tokens is 3 billion (or 3,000,000,000), with 10% set aside for the token sale, 5% donated to the foundation, 15% set aside for mining steak, 10% used for development, 5% distributed among the team, and the remaining 55% set up for mining.

For further information users can visit  official website, Fileshare website and social media.

Media Contact

Organization: COIN NETWORK (File Sharing Coin)

Contact Person: Batbayasgalan Batbayar

Email: partner@fileshare.technology

Website: https://fileshare.technology/

City: Ulan Bator

Country: Mongolia

Release Id: 1303232770

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