Views & Research
on Filecoin

“The combination of Filecoin Virtual Machine (FVM), Interplanetary Consensus (IPC), and compute has the potential to be a game changer in blockchain as it will empower Web3 Dapps with the programmability, computation and scalability needs to compete with Web2.”

"Filecoin Onchain Cloud... is bullish for FIL by expanding its role beyond storage into a full-stack Web3 infrastructure layer, potentially capturing DeFi and AI demand... [The launch] suggests renewed institutional interest and bullish sentiment, supported by low selling pressure."

"Without data, an AI [model] can’t learn. If the data is compromised due to a single-point of failure, or the central data storage entity changes access rights or its prices, an AI [model] that is dependent on that storage entity will cease to be. It is an existential risk, which is why I argue that AIs must use a decentralized storage solution... That is why the decentralized data storage network powered by FIL is a must-have for the burgeoning AI economy.”

"The largest decentralised data storage project by storage capacity and total bytes of data stored is Filecoin (FIL). Filecoin is particularly appealing because it has been around for a few years and is already storing a large amount of data."

“[The FVM] facilitates the explosion of smart contracts activity on top of FIL... following the FVM launch [the activity] has exploded.”

“The natural pairing [of storage and compute] can add additional commercial activity to flow through the Decentralised Storage Network while opening up new use cases. The launch of the FEVM makes many of these possible and will make the storage space much more interesting and competitive.”