The Bitcoin whitepaper recently celebrated its 15th anniversary, and it poses an interesting question: What can you legally purchase with cryptocurrency since its inception? The most typical acquisitions include investment products, decentralized finance services, and various crypto assets. However, there’s a growing recognition for Real World Assets like real estate, commodities, art, and even US Treasuries—tangible assets that exist physically. Despite this, digital goods in the realm of Web 3.0 are often overlooked, with few platforms dedicated to this emerging market.
The mantra of digital ownership: Not your key, not your data
Enter FileMarket, a peer-to-peer platform designed for the trade of digital goods within Web 3.0. It aims to be a decentralized alternative to platforms like Gumroad, addressing the pain points of high fees, geolocation-based restrictions, censorship, and privacy concerns that both sellers and buyers frequently endure.
FileMarket is pioneering new methods for trading digital content within Web 3.0. It enables users to monetize their valuable creations—be they books, templates, checklists, educational courses, code, 3D models, music samples, or fitness guides. This is all facilitated by the Encrypted File Token (EFT) protocol, an innovative on-chain solution for unlockable content management—effectively ending the era of “right-click-save” NFTs. It leverages perpetual storage solutions like Filecoin and IPFS, turning your crypto wallet into a ‘My Documents’ folder. Tokenizing files paves the way for immediate market access to EFTs and adds extra value by establishing new rules for the digital economy.
Bridging the gap: File tokenization and Web3 enthusiasts
The significance of file tokenization might not be immediately apparent to the average Web3 enthusiast. Nevertheless, it is clear that early adopters are eager to capitalize on incentives from tier 1 projects like ZkSync. To harmonize these interests, FileMarket introduces on-chain Flames (Likes) — a feature that benefits everyone. The lower transaction costs will appeal to retro drop enthusiasts and highlight the importance of this new protocol. Goods that receive more likes will gain prominence on the platform, and the active participation of users in reviewing and liking digital products will lay the groundwork for seller reputation and future airdrop distributions.
Currently, the platform is actively engaging creators who are keen to sell their digital goods, offering a transparent system complete with royalties and a secondary market. Instant rewards are available for those prepared to upload substantive items — whether that’s Databases (OSINT), Valuable contacts (OSINT), Custom emojis, Top 10 lists, Cryptocurrency tips, or anything else of value — and who bring along their audience. Additionally, referrals are rewarded, providing immediate incentives for every new creator who joins the platform.
Product link: https://filemarket.xyz/
News about the release of the cheapest ‘like’ transaction in ZkSync in the official X account: