Discover the Groundbreaking Partnership of Filecoin & IPFS Revolutionizing the Open Internet πŸ‘€ #filecoin #fil #ipfs #decentralizedweb #web3 #arweave

Filecoin is being integrated into every major decentralized web project through the interplanetary file system (IPFS), the default solution to power non-fungible token metadata. However, its high token price of $180 and fully diluted valuation of $260 billion is a concern for investors. Early investors have seen insane profits, leading to a price crash during the 2021 bull market. Additionally, only 20% of the tokens have been released, meaning the circulating supply will get diluted over time. Despite these concerns, IPFS and decentralization are seen as promising areas for investment in the next cycle.

Filecoin Integration in Major Decentralized Web Projects

You might not notice, but every major decentralized web project today is integrating Filecoin through the InterPlanetary File System (IPFS). The IPFS standard is like the HTTP standard but for Web3. IPFS is already the default solution to power NFT metadata. Every picture, video, and other rich media asset is stored on IPFS, the decentralized web and social narrative.

The Conviction Bet on Decentralized Web and Social Narrative

The decentralized web and social narrative are one of the biggest conviction bets for the next cycle. And if they become big, Filecoin will be the number one solution that gets integrated in every application. However, there is one major concern for Filecoin, and that is its tokenomics.

Concerns over Filecoin’s Tokenomics

At over $180 per token, Filecoin’s fully diluted valuation was as high as $260 billion. This meant that early investors had insane profits, which led to the price completely crashing during the 2021 bull market. Another problem is that only 20% of the tokens have been released, so the circulating supply will get diluted over time.

These concerns over Filecoin’s tokenomics raise questions about its long-term sustainability. Nevertheless, Filecoin’s integration into the decentralized web and social narrative remains a testament to its usefulness and potential if it can navigate these challenges.

Notify of
Inline Feedbacks
View all comments

Why I'm Going All In on Crypto at the Moment!

In a brief news round-up, a video by Sam covers cryptocurrency news for the day. The cryptocurrency market has fallen by around 3% in the last day, and although the fear and greed index is very fearful,...

"Can XRP Experience a Whopping 1271% Surge After Recent Dip?"

The video discusses the correlation between XRP and Dogecoin, which has been observed for some time. The content analyzes the correction percentage of Dogecoin and compares it to XRP’s current price,...

Get Ready to Discover the Top 10 Altcoins Poised to Rule the Crypto World in the Post-Bear Market Era!

A video on Creative Busy discusses the current bear market in crypto and its effects on global economics. The Federal Reserve raising interest rates by 0.75% and deflation concerns have impacted the cryptocurrency...

Discover the Top Cryptos and Stocks to Buy Now – My New Investment Strategy!

The cryptocurrency community has experienced a difficult week, leading some investors to turn to Bitcoin maximalism. The situation has prompted a rethink of investing strategies, with a focus on diversification...

How to Turn $1 into $1,000,000 with Crypto: The Ultimate Guide to Becoming a Crypto Millionaire

The article discusses a plan to reach millionaire status in the crypto market. The author outlines their DCA (dollar cost averaging) strategy and provides examples of how to use it. They emphasize the...

Grab Attention with Exciting Announcement: BitBoy Crypto Launches Cardano Staking Pool - The Ultimate FUD-Proof Solution!

Cardano’s progress towards its public smart contract mainnet has attracted the attention of investors despite a 16% fall in value over the past week. Motley Fool recently named ADA as the top eco-friendly...

"Decoding the Impact of Inverted Yield Curve on Your Crypto Investments"

The cryptocurrency market is experiencing a pullback, and one of the biggest stories is Genesis, one of the largest lending desks in the space, withdrawing loan origination for debtors, which could lead...

Discover How To Thrive During A Crypto Crash With One Strong Performing Crypto Currency!

Cryptocurrency investor Sam discusses various scenarios for Bitcoin, including a potential crash, a sharp rise, and slow growth, and how he would react to each. He suggests having conviction in investments...

Discover the Top Blockchain Data & A.I. Projects That Could Change the Future of Crypto

Blockchain technology and artificial intelligence are changing the game in various industries, including finance, supply chain, healthcare, and transportation. is one of the leading players in...

"Unleashing the Predicted Value of 100 ApeCoins by 2025"

In a video discussing the potential future value of APECoin, the presenter predicts it could be worth $50 in the next bull run and potentially $105 in the future, citing the growth potential of the metaverse...
Load More



Coming Soon

Subscribe and be the first to know about the launch

Look at our roadmap


Thanks for subscribing

You will only receive important notifications
For now, follow to our social networks