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. 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.

ThreeFold is a blockchain-enabled infrastructure that starts from scratch on the Linux Kernel. By doing so could they eliminate unnecessary code and backdoors that impacted efficiency and security in the current Internet and Cloud models. ThreeFold’s technology enables quantum security and up to 10x energy savings for storage workloads.

With solutions highlighted by a game-changing quantum-safe storage system, a next-generation docker container environment and a secure peer-to-peer network, what they created is the most comprehensive, secure and decentralized Internet and cloud infrastructure in the world. They integrated with industry-leading tools and frameworks, and anything that runs on Linux can run on ThreeFold’s operating system.

According to the documentation, 75% of the total token supply will go towards node operators and the incentivization of the ecosystem. Another 19% of TFT tokens support the continued development of the ThreeFold ecosystem and technology. Lastly, the remaining 6% of the total token supply is allocated to incentivise contributors, founders and team.

Although 'TFT' was the ticker assigned at the deployment of the ThreeFold Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker '3FT' has been adopted for this token. This designation ensures that assets are distinctly identified.