Upfiring is the first decentralized file-sharing application that will allow users to earn cryptocurrency (UFR tokens) for simply sharing their files. These files could be torrents, music, pdfs, and more.
The application looks promising. It resembles non-blockchain P2P file-sharing applications in that it will allow seeding and downloading, but has several key technological advantages over its competitors. By using blockchain technology to create a decentralized network and fuel transactions, users are free to spend UFR in exchange for files or accumulate UFR in exchange for their own files.
Files seeded on the Upfiring platform are exclusively available for download within the Upfiring application. This is carried out through an encryption process, which makes the file unreadable to anyone who tries to download it outside of the application. This ensures users are appropriately compensated their share of UFR for seeding files.
The blockchain startup announced that its ICO will be held on October 3rd, 2017. That afternoon, UFR will be released for the first time to those who choose to contribute to the crowdfunding campaign. The token will have many uses on the network and may prove to be valuable in the long-term.
Learn more about Upfiring: https://www.upfiring.com
Read the whitepaper: https://upfiring.com/Upfiring_
Follow on Twitter: @UpfiringHQ
Follow on Facebook: @Upfiring
Join the subreddit: https://www.reddit.com/r/
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.