This time I will review the project called Files.fm . Keep in mind all the things I wrote in this article are purely from my own observations. I will give values ranging from 1 to 10,
There are several categories that will be my assessment starting from;
1. Concept.
2. Duration.
3. Popularity.
4. Website Details and Whitepaper.
5. project development.
UNDERSTANDING
Files.fm is an online free to use file storage, built and maintained through community collective efforts. Files.fm will combine the principles of an online library with semi-decentralized hybrid technology. By using the P2P fog network from a web browser with the intention to reduce the cost of limited online library. The library will focus on creating and maintaining volunteer communities that will upload, mark and supervise useful files and in return will be awarded with FFM tokens.
The FFM token is an ERC20 token created using ethereum smartcontract which will have a fucntion to increase storage size, pay prizes and many more.
Files.fm offers unlimited storage, connection without borders, and the ability to embed files on your website to send content, upload content, or sell content. Private files.fm has been around since 2007, they are an information technology company that builds an easy-to-use, modern and innovative file storage method.
With only $1 or the equivalent of 100 FFM tokens we can get an additional capacity for online storages for life, isn't that cheap?. And that is only one of the many benefits of this project. files.fm is a semi-decentralized online hydrid storage project that offers unlimited storage and speed. Everyone who contributes to files.fm will get their own benefits. Volunteers will get free tokens and users will also gain benefit too.
Although this is not the first project that has a decentralized storage concept but files.fm brings something new. before starting this project they were also active as an online storage service company. so this project has an experienced team of course. Looking at these facts, I give 9 values for this category.
2. Duration (7)
I think the information I got, their files.fm ICO roadmap will expire Q1 2019. And if you look at the presales website they will start on February 1, 2019. So there will still be more than 4 months until the project ICO ends. Looking at all of this we can conclude that their project is projected for 2019.
There is still time to prepare if you want to participate in this project.
Then what about the value of this category? if we overlay the preparation time of this ico and only see how long their ICO is carried out, we can conclude whether their duration has good value or not.
I personally give a value of 7 for this category. the reason is because I can't find detailed information about when their ico ends. I only read it from the roadmap, which is Q1 2019 (January-April). If we assume their ico will end in the final Q1 phase, it means their ico will be held until April.
3. Popularity(10)
Then what about the value of this category? if we overlay the preparation time of this ico and only see how long their ICO is carried out, we can conclude whether their duration has good value or not.
I personally give a value of 7 for this category. the reason is because I can't find detailed information about when their ico ends. I only read it from the roadmap, which is Q1 2019 (January-April). If we assume their ico will end in the final Q1 phase, it means their ico will be held until April.
3. Popularity(10)
The way I observe whether a project is popular or not is by looking at their telegram group and also the number of visitors from their website the direct way. Many say a popular project, seen from how big their ICO opinion is. But in my opinion that is not enough because the number of website visitors, members of telegram chat groups, and followers of their social media accounts must also be considered. You might be suspicious if a project gets a large ICO income but the number of visitors to the website is very small. It could be that the project developer falsified their income or so on. because of that, I gathered some information, you can check what I found below.
The number of members in the official telegram group of Files.fm is 26262 members.
The Files.fm twitter account already has 2430 followers.
Facebook fanpage of Files.fm has been liked by 7560 people.
The visitor per day on their official website "Files.fm" has reached 33737 with Pageviews 74332 per day. You can see here for more details Here.
Alexa Rank for for their website Files.fm Global 14126, Detail here
Conclusion : For popularity of files.fm it seems we don't need to doubt it anymore. they have a high number of website visitors 33737 per alexa day rank below 15rb, this rank is already high. This is normal because files.fm is a company that has long existed. So it's not strange if they has many users. For their own social media accounts, it seems that they just made it, this can be seen from the number of followers they has. But I am sure this number will continue to grow every day. Looking at all the evidence that I collected, I don't hesitate to give a perfect score (10) for this category. and maybe this new project, is the only one that I gave the highest value for this category right now.
4. Website Details and Whitepaper (7)
Website: I like the look of their website, it's colorful but not flashy. And it looks like the token sales website was put together with their main website. we can see it from the initial view. On their website there is a countdown timer that shows when their presales will start. But there is no information about when their ICO will start and when it will end. The only information that can become a reference is from a roadmap, that explains their ico will end in Q1 2019 with not a specific date. And I think this is one of my concerns.
Whitepaper: A 58-page thick whitepaper I thought the information I needed was there. But alas it is not there. They also did not explain information about the details of the ICO in their whitepaper. whether it's intentional or not. What is clear is that this deficiency must be corrected as soon as possible. After all, I am still appreciating their whitepaper.
For this category I give a value of 7, with the reason i explained above.
5. Project Development (8)
This might only be the initial stage but I see them developing very fast. Even though before the project began their platform has already existed. But not with the features of the library, library services are still in the Beta stage. To try a different version you have to buy their tokens first in presales later. It means that currently the beta version of the library can't be tried yet. For this category, I gave 8 reasons because even though it was only the initial stage, they were able to show very positive developments.
Conclusion:
Projects with the concept of online storage are a rare thing. The last time I saw a project like this was the Siacoin project. Although it has the same concept, the two projects are very different. So files.fm is an unusual project.
I have also tried their online storage platform, the first time I uploaded photos on files.fm. The user interface of the files.fm platform is very easy to use.
Look at the picture below.
This is the initial display when you want to upload files
And this is the display when you want to download the file
Overall this project has the quality and potential to development in the future. There are many business models that we can implement to get profit on files.fm. without even buying a token, you can become a volunteer whose job is to maintain, supervise, or upload files and instead you will get a reward in the form of an FFM token.
Rate of the Files.fm Library project is
For more detailed information about this project you can find out below
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