What is ThreeFold (TFT)?
What is ThreeFold (TFT)? Founded in 2016, ThreeFold is a fully comprehensive peer-to-peer Internet and Cloud stack that enables universal access to a smart contract-based infrastructure. According to its documentation, ThreeFold allows any current or future digital workload including blockchains, IoT networks, oracles, decentralized organizations and applications, to be hosted natively on their tamper-proof and ultra-efficient decentralised infrastructure. ThreeFold is driven by an open-source community of projects, stack developers, node operators, infrastructure experts and more.
How does ThreeFold work?
They focus on protecting the vision of a truly decentralized Internet infrastructure that is available, accessible and affordable to everyone, everywhere. The ThreeFold Token (TFT) is a utility token that was designed to ensure anyone can participate in exchanging Internet and Cloud resources in the network without intermediaries. It incentivises node operators with monthly income and is used by developers to build and run workloads. Learn more about ThreeFold on their [website](https://threefold.io/). Who are the founders of ThreeFold?
What is ThreeFold used for?
Kristof de Spiegeleer is a co-founder and CEO at ThreeFold. After completing his masters degree in computer engineering at the university of Gent, de Spiegeleer started building the first data center in Europe with PSI Net in the mid 90s. Followingly, he founded many ventures that brought significant improvements to cloud automation and Internet storage. These were then acquired by Symantec, Verizon, Oracle, TeleNet and more. In 2014, he started meeting other industry experts and co-founders of ThreeFold such as Adnan Fatayerji, Weynand Kuijpers, Owen Kemp and many more.
Where can you buy ThreeFold?
ThreeFold (TFT) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for TFT sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting TFT, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
