🗒️ Profile | Juan Benet
· Key point: In August 2017, Filecoin held a public token sale and raised over $200 million.
· Why it matters: IPFS itself doesn’t ensure that data is stored long term. Filecoin uses token rewards to address the question of “who will store it long term?”
· Note: Decentralized storage also requires backups, so don’t rely on just one provider.
$FIL 1.0586(+0.92%)
#FIL
This is just an opinion and may not be correct. Use at your own risk.
· Key point: In August 2017, Filecoin held a public token sale and raised over $200 million.
· Why it matters: IPFS itself doesn’t ensure that data is stored long term. Filecoin uses token rewards to address the question of “who will store it long term?”
· Note: Decentralized storage also requires backups, so don’t rely on just one provider.
$FIL 1.0586(+0.92%)
#FIL
This is just an opinion and may not be correct. Use at your own risk.