Upfiring

Upfiring

Upfiring UFR Rank #1526

Learn how to invest in Upfiring (UFR) Token. What is it, price and benefits

Upfiring Exchanges

Exchange Market Pairs Buy
STEX CSC/USDT -
YoBit NMC/BTC -
Fatbtc XBC/BTC -
Founded in early 2017, Upfiring was created to create an alternative to traditional P2P file sharing protocols by incentivizing seeders through the use of a tokenized file sharing economy. File sharing and traditional P2P networks offer no incentives for seeders, and as a result, low file availability and slow download speeds are common problems. By encouraging seeding, Upfiring aims to create a healthier file-sharing network that allows content creators and seeders to be directly rewarded for sharing content without third-party intermediaries. Upfiring's first usable dapp prototype was released on the mainnet in December 2018, and its full app was released on February 5, 2019. The dapp is cross-platform, available for Windows, MacOS, and Linux. The app allows users to generate encrypted .ufr files with embedded pricing data and send them to the Upfiring network. Users earn UFR tokens in exchange for seeding and maintaining files online. Seeder smart contracts implemented on the Ethereum network mediate the movement of files across the network, maintain seeder UFR balances, and enable file decryption when warranted. Upfiring targets content creators by allowing them to promote their content directly to users without relying on third party intermediaries. UFR tokens are used within the dapp to unlock encrypted content. The dapp can be downloaded from https://www.upfiring.com and the corresponding documentation can be found at https://www.upfiring.com/documentation.html