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Upfire - The Revolution of File Sharing

2y ago
bullish:

2

bearish:

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Torrenting had a huge impact when it came to the world, it was revolutionary to the old internet, but in new times with new technologies, there is a lot of room for improvement. New ways to transfer files, to connect and control applications and platforms.With the creation and increasing adoption of the Blockchain, all has changed. Forget the past and know Upfire, the Next Generation of File Sharing.

Upfire has a new approach on the torrenting market, allowing users to engage in free seeding and downloading just like a standard torrenting platform. The key differentiator is that Upfire is a 100% decentralized protocol for secure P2P encrypted file-sharing, where users can earn crypto by seeding files and  taking advantage of the Binance Smart Chain maximizing earnings and minimizing fees.

Decentralization

Upfire is a 100% decentralized platform that empowers the community to control it, regulate the prices themselves and share their own contents and also allows users to engage in free seeding and downloading just like a standard torrenting platform.

Incentive and Earnings

It’s fair to be rewarded for having something valuable and highly sought after. With that in mind, Upfire lets users put a price on a file to be decrypted by others, maintaining a decentralized and fair price regulation; users can also earn just by seeding a download. It's a win-win: users can help others by providing files, and get rewarded.

Staking

Rewarding and empowering the community -especially holders- is a main-goal for this project. Users will be able to stake their UPR and earn a percentage cut of all transactions that take place on the Upfire network.

Speed and Price Optimization

Super fast speeds and almost free transactions using the Binance Smart Chain allows the users to maximize their interaction with the platform. More downloads, more seeding and quick payments boosts the utility of the platform.

Governance

The community will retain 100% control of Upfire, and be able to pass proposals, acquire funding from the treasury and more.

Coming soon: Seeding Competition

The community will have a certain amount of time to download the seeding competition files, and become seeders on those files. The files will be decrypted one by one by the Upfire team and there will be a few minutes in between each decryption to gather community feedback and assess how many seeders received the rewards -in BNB-, how much the reward was for each seeder, and other relevant data.

Learn More

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Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 
2y ago
bullish:

2

bearish:

0

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