Upfire and the Revolution of File Sharing
Blockchain is a revolution in file sharing, Upfire brings to the world the
Next Generation of Torrenting
Some platforms in the past used the technologies of their time to revolutionize a field that was still little explored, which was the internet, such as BitTorrent. Old ways to transfer files, old ways to connect and old ways to control platforms and applications.
With the creation and increasing adoption of the Blockchain, all has changed. Forget the past and come on board to the Next Generation of Torrenting.
Upfire grows on the already robust torrenting ecosystem, allowing users to engage in free seeding and downloading just like a standard torrenting platform. The revolution is that Upfire is a 100% decentralized protocol for secure P2P encrypted file-sharing, where users can earn crypto by seeding files — leveraging Binance Smart Chain and maximizing earnings and minimizing fees.
Key-features in our Project
Decentralization
Upfire is a 100% decentralized platform that empowers the community to control it, regulate the prices themselves and share their own contents. We also allow users to engage in free seeding and downloading just like a standard torrenting platform. Free or paid, everyone is welcome.
Incentive and Earnings
It’s always nice to be rewarded for having something valuable and highly sought after. With that in mind, Upfire lets you put a price on your file to be decrypted by another user, maintaining a decentralized and fair price regulation; we also allow you to earn just by seeding a download. Plain and simple: help someone and be rewarded for doing so.
Staking
Users can stake their UPR and earn a percentage cut of all transactions that take place on the Upfire network. As we said before, rewarding and empowering our community -especially holders- is a main-goal for us.
Speed and Price Optimization
Blazing fast speeds and near-free transactions- using the Binance Smart Chain we allow our users to maximize their interaction with the platform. More downloads, more seeding, quick payments. All brought to you by Upfire.
Governance
As you already know at this point, the community will retain 100% control of Upfire, and be able to pass proposals, acquire funding from the treasury and more.
Let’s hear from our CEO, Tyler Fallon:
“UPR holders will retain control over the UPR dapp and project, and one of these methods will be through governance and the treasury. The treasury will allocate a specific amount of UPR each year towards marketing, development, and paying users who work on the dapp (the team). There will be default values set at first for this, but they will change over time as team members rotate through and marketing methods change. The treasury will likely receive 50% of the total supply as well as sole control over the “mint” function in case their UPR supply ever runs out.”
More? Let’s have a glimpse of what’s coming to Upfire:
Seeding Competition
Our 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 our 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.
Stay tuned to see what’s coming to the Next Generation of Torrenting!
