When i started to put together a portfolio for 2024 i wanted to look for coins with high development, a good usecase or a reason for a good narrativ at least, and a good technical chart.
FIlecoin er a coin is a coin that offers contract-based storage,and storage is a HUGE DEAL in a digital world based on data. Filecoin has a lot of DEVELOPMENT, GOOD USE CASE AND HIGH DEVELOPMENT.
There is not many competitors in the space for filecoin, Arweave must be the only real competitor.
Arweave offers permanent storage, while Filecoin offers contract-based storage. On Arweave, you pay a one-time upfront fee to permanently store your data. Once uploaded, it will never be deleted, and there are no hidden charges (egress fees) for when you need to retrieve and use your data.
In my opinion there is a lot of coins that compete and filecoin is chinas answer to Arweave, in the same way NEO is chinas answer to Etherum.
I dont want to pick country, but i will choose both ETH and NEO, Filecoin and arweave.
That said FIlecoin look good right no, Filecoin added to the bag!