FIL: "Decentralized storage infrastructure with Chinese concept"
Speaking of "Chinese concept tokens", FIL, which had previously "trapped" a group of people, is also among them.
As an important project of the cryptocurrency infrastructure layer that was previously famous for an article entitled "Distributed storage opens up a market of hundreds of billions of yuan and deeply promotes the digital transformation of the industry", the decentralized storage network FIL token, which claims to "serve as an incentive layer on the IPFS network", once soared to US$237 in April 2021, but eventually inevitably entered the "common drama" of most cryptocurrencies-a spiral decline.
Fundamentally, FIL and the project behind it, Filecoin, are still unable to compete directly with Web2 providers such as AWS, Google Cloud and Azure, and their application scenarios are still relatively limited. With the continuous development of AI, decentralized storage and cloud services may usher in new opportunities.
Recently, the FIL token-related dynamics are that it has reached a relevant cooperation with the decentralized graphics processing unit (GPU) cloud computing network Aethir, which will be committed to solving the GPU scarcity problem and responding to the increasingly severe challenges in the fields of artificial intelligence and Web3 by providing GPU rental services integrated with the Filecoin decentralized storage network.
