Filecoin

Update Enables DeFi, ‘Data DAOs’ and Perpetual Storage

'China Narrative' May Be Boosting Certain Tokens

The decentralized file storage sector is growing rapidly.

The Interplanetary File System (IPFS), a protocol for peer-to-peer file data sharing and storage,  is set to live up to its name through a partnership with Filecoin and U.S. space and weapons company Lockheed Martin.  Filecoin, which relies on IPFS, wants to store an IPFS node on one of Lockheed Martin’s spaceships. When the spaceship…

Filecoin’s token is soaring by the most in all of crypto.  FIL  has jumped 168% to $231 in the last week, the most among the top 100 tokens listed on CoinGecko. The project raised $52M in a presale and $205.8 million dollars in an ICO during the 2017 crypto boom only to largely fall off…

Filecoin had a record breaking $205M token sale in the 2017 boom days, promising to bring decentralized file sharing to the world, but all investors had to show for it in the three years since, was FIL token IOUs as the project repeatedly delayed its launch.  The day finally came yesterday, and for many, it…