How It Works
How it works
ALL TRANSACTIONS USE
ONE TOKEN: TFT.
PROOF OF CAPACITY
The Farming Process
A TFT is created every time someone adds capacity to the ThreeFold Grid. This is rewarded to the person adding the capacity.
People earn TFT for achieving a certain uptime and as proof of capacity.We call that 'Farming'.
PROOF OF UTILIZATION
The Utilization Process
Users and organizations pay utilization fees (using TFT) for using compute, storage and network capacity.
They then get to develop, create, deploy or host on the ThreeFold Grid.