# Filecoin > Filecoin is a decentralized storage network designed to store humanity's most important information Filecoin provides decentralized data storage through a peer-to-peer network where storage providers earn rewards for storing and maintaining files. Filecoin aims to preserve humanity's most important information through a decentralized storage marketplace built on blockchain technology. The network connects clients who need storage with storage providers who offer space, using cryptographic proofs to verify data integrity. With it, you can store files permanently across distributed nodes, earn rewards by providing storage services, and access data through IPFS integration. Filecoin creates an open market for data storage without relying on centralized cloud providers. - Type: Network - Sector: Blockchain Platforms - Status: Active - Founded: 2014-07-01 - Profile: https://thegrid.id/profiles/filecoin ## Products - [Filecoin Network](https://thegrid.id/profiles/filecoin): Filecoin Network is a Layer 1 blockchain that enables decentralized data storage through economic incentives, connecting storage providers with clients via cryptographic proofs and smart contracts. (L1, Live, Main Product) - [Filecoin Virtual Machine](https://thegrid.id/profiles/filecoin): Filecoin Virtual Machine provides smart contract functionality on the Filecoin blockchain, enabling developers to deploy programmable storage applications and automate storage deals through code execution. (Developer Tooling, Live) - [Lotus](https://thegrid.id/profiles/filecoin): Lotus is the reference implementation of the Filecoin protocol written in Go, providing node software for storage providers, clients, and network participants to interact with the blockchain. (Node Software, Live) ## Assets - [Filecoin (FIL)](https://thegrid.id/profiles/filecoin): FIL is the native token of the Filecoin network. It is used to pay for decentralized storage services, as collateral that storage providers must lock to participate in the network, and for governance participation. The network uses cryptographic proofs to verify that storage providers are continuously storing client data correctly, creating a trustless marketplace where providers earn FIL by proving storage over time. (Native) - [Wrapped Filecoin (wFIL)](https://thegrid.id/profiles/filecoin): wFIL is an ERC-20 wrapped version of FIL, the native token of Filecoin, maintaining a 1:1 peg with the underlying asset. It is used to enable FIL participation in Ethereum-compatible DeFi applications, token swaps, and cross-chain integrations that require ERC-20 token standards. Users deposit FIL into a smart contract to mint wFIL, and can burn wFIL to redeem the original FIL, allowing Filecoin holders to access decentralized finance ecosystems while maintaining exposure to their underlying asset. (Wrapped Tokens) ## Links - [Main](https://filecoin.io) - [Documentation](https://docs.filecoin.io) - [Whitepaper](https://filecoin.io/filecoin.pdf) - [Forum](https://github.com/filecoin-project/community) - [Blog](https://filecoin.io/blog) - [Blog](https://fil.org/blog) - [Twitter / X](https://x.com/Filecoin) - [Twitter / X](https://x.com/FilFoundation) - [LinkedIn](https://linkedin.com/company/filecoin-foundation) - [GitHub](https://github.com/filecoin-project) - [YouTube](https://www.youtube.com/channel/UCeM5ezNgFM1Sle_gIz-KMMA) - [GitHub](https://github.com/FilecoinFoundationWeb) - [Telegram](https://t.me/filecoin) - [Discord](https://discord.com/invite/filecoin) - [Reddit](https://www.reddit.com/r/filecoin) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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