Proof-of-Storage (sometimes called Proof-of-Space) coins like STORJ, Filecoin, Arweave, and Sia show a lot of promise in the Web 3 space due to the fact that NFT and metaverse projects are driving demand for storage spaces that are both secure and decentralized. (Web2 servers are centralized and often have a single point of failure.) STORJ has recently released a...
Filecoin rallied this week in anticipation with its partnership with Monaverse, a new metaverse contender that focused on high-end, professionally built metaverse environments. A quick look at Monaverse and Decentraland - their pros and cons -- and why Proof-of-Storage projects are likely to do well regardless of who wins the race towards the most popular metaverse.