Understanding the BIG token
Engage with the BigFile and its ecosystem through
the use of its native utility token.
BIG Token plays multiple essential roles within the BigFile ecosystem:
Decentralized Data Storage: Users pay with BIG Token to store their data permanently on the BigFile network. The "pay once, store forever" model ensures that, once the storage fee is paid, the data remains permanently stored on the network.
Versioning: When users want to add new versions to the data they have permanently uploaded, they make payments using BIG Token.
Network Participation and Incentives: Miners earn BIG Token by contributing storage capacity and ensuring the network operates smoothly. This incentive mechanism helps maintain the security and sustainability of the network.
Ecosystem Development: dApps and projects running on BigFile pay transaction fees using BIG Token. Project owners and developers leverage BIG Token to run their applications, raise funds, and support the growth of the ecosystem.
BIG token utility
- Participate in governance
- Burn for cycles
- Participate in decentralisation swaps
- Reward node machine providers
Cycles
- Stable cost of compute & storage
- Fuel storage, compute, & bandwidth
Ways to use BIG tokens
Decentralized Data Storage
Users pay with BIG Token to store their data permanently on the BigFile network. The "pay once, store forever" model ensures that, once the storage fee is paid, the data remains permanently stored on the network. When users want to add new versions to the data they have permanently uploaded, they make payments using BIG Token.
Network Participation and Incentives
Miners earn BIG Token by contributing storage capacity and ensuring the network operates smoothly. This incentive mechanism helps maintain the security and sustainability of the network.
Ecosystem Development
dApps and projects running on BigFile pay transaction fees using BIG Token. Project owners and developers leverage BIG Token to run their applications, raise funds, and support the growth of the ecosystem.
Where to get BIG
Once the BIG Token Mainnet is launched, it will be available for purchase through various platforms. Details about different versions of BIG Token issued on multiple blockchain networks will be provided.
Wallets & custody
Understand the benefits and limitations of each custody option so you can choose the wallet that best suits your needs.
Web Wallets
Web-based dapps that are easily accessible with the creation of an BIG ID. Great for daily use and small amount transfers.
Mobile app wallets
Mobile apps offer easy access to crypto assets for people who use them frequently.
Browser extension wallets
Great for users already familiar with crypto wallets from other chains.
Hardware wallets
Maximum security. Hardware wallets hold private keys in airgapped machines or ledger devices.
Institutional custody
For anyone managing large amounts of crypto assets. Institutional custodians offer reliability and customer support.
Get more involved
Exchanges BIG Token
The native token of the BigFile network is BIG. BIG will be available for purchase during the Mainnet Period.
DeFi on the BigFile
Build and use DeFi apps on the BigFile that are hosted 100% on the blockchain.
Join BigFile Community
Community discussions around extending the BIG token standard for all ledgers to optimize functionality is ongoing.