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id: tftq1
title: What is TFT?
---

The ThreeFold Token (TFT) is the official currency of ThreeFold. It represents a unit of Internet capacity in the form of cloud computing, internet storage or networking and is 100% backed by real hardware.
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On one hand, TFT is earned by all ThreeFold node operators with on a montly basis for providing the Internet and cloud capacity needed to host humanity's data and workloads.
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On the other hand, TFT energizes the ThreeFold Grid, allowing people to store their files and tun their applications via smart contract, eliminating all forms of intermediaires that could corrupt their data and making them digitally autonomous. <br/> 

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Learn more about TFT [here](https://www.threefold.io/tft).
