Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: SavvyTon on March 25, 2025, 10:16:33 AM
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With the recent security issues that’s been happening lately, I’ve become extra cautious. Earlier while i was checking online for more ways to store and keep one’s assets, i came across a data storage network that claimed to be decentralized. Actually that wasn’t the exact thing i was searching for but the use case was what caught my attention.
As someone who deals with media a lot, i was not aware there’s a decentralized data storage system now or i’m i the only one in the dark ?
Apparently this project Walrus, provides efficient data storage solutions by storing and delivering raw data like videos, images and PDFs. I also like the fact that it supports web applications.
I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past. This is not me hyping it, i just find it cool. Do you also think projects should have more improved use cases ?
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As someone who deals with media a lot, i was not aware there’s a decentralized data storage system now or i’m i the only one in the dark ?
Decentralized data storage have been around for long time, although i don't how decentralized is it in practice. CoinGecko even made price comparison back on 2023, Centralized vs Decentralized Storage Cost (2023) (https://www.coingecko.com/research/publications/centralized-decentralized-storage-cost).
Apparently this project Walrus, provides efficient data storage solutions by storing and delivering raw data like videos, images and PDFs. I also like the fact that it supports web applications.
I searched "project walrus" on Google Search, but it shows unrelated stuff (such as video game, android application and DARPA project).
(https://i.ibb.co/fz5NgRcy/b.png) (https://ibb.co/Q3RHgB5T)
I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past. This is not me hyping it, i just find it cool. Do you also think projects should have more improved use cases ?
In general, i agree we definitely need cryptocurrency/blockchain project with use-case other than speculation, investment or payment method. Although IMO not all use-case is suitable or needed to be done on decentralized or blockchain system.
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As someone who deals with media a lot, i was not aware there’s a decentralized data storage system now or i’m i the only one in the dark ?
i have heard of projects like this before it only made sense with how sensitive our data are and just how much everyone has reevaluated the protection of their privacy
I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past. This is not me hyping it, i just find it cool. Do you also think projects should have more improved use cases ?
of course
crypto should be about innovation but most people are just in here for some quick profits not knowing that a project with a very innovative and functional tech can gain more genuine interest or attention and is more likely to keep people interested in
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But, no matter how good the project related to decentralized storage is, IMO it will only attract a small part of the market... why? Because currently some competitors for cloud storage or other centralized storage, it is more interesting and even has mature services... different if we look for the concept of "decentralized" only, maybe there are different choices...
Some projects that are already popular and centralized, try to make a decentralized version, for the success rate we all know it is very low... while investors need money that grows, nothing else.. in the cryptocurrency world, the hype is what is interesting, even though it is garbage...
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I believe that’s how people could get to invest in your project: there is something innovative in your project, and it will be the attraction or key highlight of the project that they would be buying for. That’s just how the world works now, and I think there is nothing you can do about it.
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Of course a sincere project should have an improvement upon all these, not all of them can be so trusted, but each time we have the intention on investing on any, this should be part of our main focus because the way of their performance also rely on it, we can take time in searching more on other things, but the use case is as important as any other valuable information we may require to know about any new project, because there lies the intention and purpose for the creation of such and where applicable.
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As someone who deals with media a lot, i was not aware there’s a decentralized data storage system now or i’m i the only one in the dark ?
Decentralized data storage have been around for long time, although i don't how decentralized is it in practice. CoinGecko even made price comparison back on 2023, Centralized vs Decentralized Storage Cost (2023) (https://www.coingecko.com/research/publications/centralized-decentralized-storage-cost).
Apparently this project Walrus, provides efficient data storage solutions by storing and delivering raw data like videos, images and PDFs. I also like the fact that it supports web applications.
I searched "project walrus" on Google Search, but it shows unrelated stuff (such as video game, android application and DARPA project).
(https://i.ibb.co/fz5NgRcy/b.png) (https://ibb.co/Q3RHgB5T)
I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past. This is not me hyping it, i just find it cool. Do you also think projects should have more improved use cases ?
In general, i agree we definitely need cryptocurrency/blockchain project with use-case other than speculation, investment or payment method. Although IMO not all use-case is suitable or needed to be done on decentralized or blockchain system.
Hopefully we get to see more projects with good use case that can exist for a long term. It’s really great to see projects with real utility especially now that scam projects are all over. If you search for “walrus decentralized storage” you should find it. By the way, which use case do you think is not suitable to be decentralized ?
(https://i.ibb.co/prRFQDwm/4354-AF12-D3-CF-4-D79-8958-7-FDCDB44805-B.jpg) (https://ibb.co/h1Zzc59q)
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I believe that’s how people could get to invest in your project: there is something innovative in your project, and it will be the attraction or key highlight of the project that they would be buying for. That’s just how the world works now, and I think there is nothing you can do about it.
Yes, if a project has a valuable use case, it will definitely attract more investors. Interestingly, projects with utility always thrive on a longterm but developers nowadays just want to build projects with the aim of making quick profits.
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Allowing people to store their data being the use case seem a cool project and the token being the way to access them?
A token with a use case is sure one reason to invest into. The storage classification (https://coinmarketcap.com/view/storage/) on coinmarketcap is where Walrus belong I can see it listed below.
This must be new project, it doesn't have a data yet on CMC but if I am to invest among them, I might just choose the BitTorrent (BTT).
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Apparently this project Walrus, provides efficient data storage solutions by storing and delivering raw data like videos, images and PDFs. I also like the fact that it supports web applications.
I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past. This is not me hyping it, i just find it cool. Do you also think projects should have more improved use cases ?
A good and innovative project should make a new breakthrough and combine it with crypto and of course some projects come up with excellent solutions for the ease of every transaction or various platforms like the one you mentioned about Walrus.
But some old projects that have not been successful and are still very relevant to be developed today can certainly be developed again or reborn with a new brand, it will be better even if you have to repeat everything.
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By the way, which use case do you think is not suitable to be decentralized ?
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In short, most use case that require data from real life (such as weather data or location of your package).
This must be new project, it doesn't have a data yet on CMC but if I am to invest among them, I might just choose the BitTorrent (BTT).
I've seen this BTT coin few times, but what are it's use cases? After all, we can use torrent software to download/upload stuff without needing this BTT coin.
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I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past. This is not me hyping it, i just find it cool. Do you also think projects should have more improved use cases ?
I am happy to burst this on you that you are in dark as this is not something out of the box, distributed storage platforms are in the market from long ago and they have real use cases. They had their time and many were categorized in Iot sector. These platforms are serious problem solvers, and besides decentralized data storage points from crypto projects many other centralized projects like Google, and Amazon provide decentralized data storage facilities.
This is not new. I never heard about this project before and it feels like you are just recreating this posts into a way to advertise that project if I am not wrong.
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--snip--
By the way, which use case do you think is not suitable to be decentralized ?
--snip--
In short, most use case that require data from real life (such as weather data or location of your package).
This must be new project, it doesn't have a data yet on CMC but if I am to invest among them, I might just choose the BitTorrent (BTT).
I've seen this BTT coin few times, but what are it's use cases? After all, we can use torrent software to download/upload stuff without needing this BTT coin.
The token is used to pay the users participating in p2p file sharing in the Bittorrent decentralized storage. The price had not improved though but over time I think it will really go wild one day after all sharing makes everyone happy.
Most tokens are only useful in their own ecosystem for now. Even the top tokens are just going to be useful inside its own ecosystem. Its use case as payment will only be working if another platform accepts the token as payment.
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I believe that’s how people could get to invest in your project: there is something innovative in your project, and it will be the attraction or key highlight of the project that they would be buying for. That’s just how the world works now, and I think there is nothing you can do about it.
In the reality these kinds of concept of these project wasn't bad at it all, but the problem is in the long run they get failed to compete their giants competitors what is centralized storage platform.
And one more problem is these kinds of privacy projects were lessly approved to get listed on the reputable centralized exchangers.
And that is why there will be low demand and that will be decrease day by day for example I can say the Utopia project.
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Does it encrypt the data before divinding it inot parts and storing it in multiple places?
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But, no matter how good the project related to decentralized storage is, IMO it will only attract a small part of the market... why? Because currently some competitors for cloud storage or other centralized storage, it is more interesting and even has mature services... different if we look for the concept of "decentralized" only, maybe there are different choices...
Although centralized services usually have more to offer and often provide cheaper options, projects like decentralized services, especially those focused on decentralized storage, appeal to people who prioritize privacy. Simply put, they are the primary target market for this type of service.
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As someone who deals with media a lot, i was not aware there’s a decentralized data storage system now or i’m i the only one in the dark ?
Decentralized data storage have been around for long time, although i don't how decentralized is it in practice. CoinGecko even made price comparison back on 2023, Centralized vs Decentralized Storage Cost (2023) (https://www.coingecko.com/research/publications/centralized-decentralized-storage-cost).
Apparently this project Walrus, provides efficient data storage solutions by storing and delivering raw data like videos, images and PDFs. I also like the fact that it supports web applications.
I searched "project walrus" on Google Search, but it shows unrelated stuff (such as video game, android application and DARPA project).
(https://i.ibb.co/fz5NgRcy/b.png) (https://ibb.co/Q3RHgB5T)
I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past. This is not me hyping it, i just find it cool. Do you also think projects should have more improved use cases ?
In general, i agree we definitely need cryptocurrency/blockchain project with use-case other than speculation, investment or payment method. Although IMO not all use-case is suitable or needed to be done on decentralized or blockchain system.
I think you misspelled the search term or searched for the wrong thing. It was actually 'Walrus' you were supposed to search, not 'Project Walrus'. As soon as I saw your comment, I decided to do my own research and found all the details I needed about the project the original poster was talking about.
I learned that people who farmed it are already depositing their allocations to receive extra airdrops, similar to what happened with $BR (Bedrock), $SIREN, and $PAWS, where holders and depositors benefited. I would love to see how far it goes as it is already listed on several exchanges like Bitget, i think on MEXC also and Bybit.
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--snip--
I think you misspelled the search term or searched for the wrong thing. It was actually 'Walrus' you were supposed to search, not 'Project Walrus'. As soon as I saw your comment, I decided to do my own research and found all the details I needed about the project the original poster was talking about.
I learned that people who farmed it are already depositing their allocations to receive extra airdrops, similar to what happened with $BR (Bedrock), $SIREN, and $PAWS, where holders and depositors benefited. I would love to see how far it goes as it is already listed on several exchanges like Bitget, i think on MEXC also and Bybit.
FWIW, i used term "project walrus" because that's what OP said. So how would i know if it's not good search keyword. And i have no idea why would you mention unrelated token/coin and exchange. Do you actually intend to shill rather than reply to my post?
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Do you think projects should improve with the use cases they offer? I believe that utility cases should be at the core of the project...providing the very reason why it exist in the first place and that without them then it is just another hallow block that can't stand the pressure of the market and will just integrate. Making use-cases like a decoration or just an after thought is not the way to go for a project to eventually survive in the very competitive cryptocurrency market. One reason why a project can be considered is memecoin is the lack of solid and practical use-cases and just relying on hypes and artificial community support...the end can be disastrous.
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I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past.
This can be happening mostly because the people behind the project are not creative enough or lack creativity in general.
I feel that they are many creative individuals with better ideas about projects, but they just lack the platform to showcase it, how unfortunate.
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I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past.
This can be happening mostly because the people behind the project are not creative enough or lack creativity in general.
I feel that they are many creative individuals with better ideas about projects, but they just lack the platform to showcase it, how unfortunate.
I do agree, unfortunately though, there could be a lot of great projects in the past that didn't have the support of the community for one reasons alone. Is that this projects might not make them money.
That's the sad truth of crypto projects, even in the last cycle, there seems to be a lot of projects that didn't have the consensus and everyone is going after the meme coins and those pump and dumps altcoins.
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Do you also think projects should have more improved use cases ?
Of course, if a team is smart enough, they would understand that if they are repeating a use case, they will need to be better than the already present projects to get a good market share, or they should try and introduce a new use case that doesn't exist in the market yet so that they can have an audience of their own instead of trying hard to steal another project's followers and investors.
You are right that we rarely find projects that bring something new to the table. Most of the projects these days are mostly focused on launching their own blockchain protocols, that's the reason why we have so many layer 1 and layer 2 blockchains in the industry when initially we only used to have a couple or maybe 3.
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Teams cannot add use cases if they have no users. This is one of the things which leads to a sort of paradox, since the lack of users is precisely what discourages users in the first place.
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Teams cannot add use cases if they have no users. This is one of the things which leads to a sort of paradox, since the lack of users is precisely what discourages users in the first place.
then why not have a proposed use case in the first place? they wouldn’t have any interested users if their project did not have any vision and mission the investors are looking for a project that is substantial and can offer them something and this should be obvious from the get go
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I find stuffs like this interesting because most projects nowadays just seem to be repeating the use cases of projects in the past.
This can be happening mostly because the people behind the project are not creative enough or lack creativity in general.
I feel that they are many creative individuals with better ideas about projects, but they just lack the platform to showcase it, how unfortunate.
Yeah I have seen a lot of what @SavvyTon is saying because there are so many projects out there that looks almost as the same without much difference, and I wonder how there likeness in mentality is to have made them think the same way, however you are right because when a company do not have a competent hands for creativity they look for others to emulate what they have, so actually with a creative professional there is no way there information will not be stated well and different from every other platform.
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Yeah I have seen a lot of what @SavvyTon is saying because there are so many projects out there that looks almost as the same without much difference, and I wonder how there likeness in mentality is to have made them think the same way, however you are right because when a company do not have a competent hands for creativity they look for others to emulate what they have, so actually with a creative professional there is no way there information will not be stated well and different from every other platform.
Most projects have similar solutions and products: Tron is a copy of Ethereum, Bsc and many L1s are the same. Arbitrum and Optimism are alike, the same goes for Base and Soneium. Each project changes a little to create a difference, but we can easily see the similarities.
I don't object to this, competition is necessary for the market, even if it confuses investors. The strongest will win and swallow their competitors in the same field, then we will have a few extremely large projects to invest in.
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I do agree, unfortunately though, there could be a lot of great projects in the past that didn't have the support of the community for one reasons alone. Is that this projects might not make them money.
That's the sad truth of crypto projects, even in the last cycle, there seems to be a lot of projects that didn't have the consensus and everyone is going after the meme coins and those pump and dumps altcoins.
When it comes to meme coin projects, they are completely devoid of use cases. The reason is that use cases and technology require capital, development, salaries, and more. That is why we find memecoins dominate the market: Project teams are now looking for the cheapest and easiest way to generate huge profits from the pockets of greedy investors.
What the OP mentioned is a drop in the ocean of projects that offer more useful and popular use cases, and certainly, despite their low visibility, they are less risky than meme and pump-and-dump projects.
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When it comes to meme coin projects, they are completely devoid of use cases. The reason is that use cases and technology require capital, development, salaries, and more. That is why we find memecoins dominate the market: Project teams are now looking for the cheapest and easiest way to generate huge profits from the pockets of greedy investors.
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The majority of memecoins that appear today are only used as a tool to drain the money of traders who buy the memecoins made.
Just following the hype trend and then promoting it, when many buy and go up at a high price then the devs will sell all their memecoins.
This is the cunning way that memecoin developers are doing right now, But it doesn't mean that all memecoins will end up miserable and become scams, there are some memecoins that are indeed seriously built and to this day are still useful because they have real utility and are used for all sorts of things in crypto.
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The majority of memecoins that appear today are only used as a tool to drain the money of traders who buy the memecoins made.
Just following the hype trend and then promoting it, when many buy and go up at a high price then the devs will sell all their memecoins.
This is the cunning way that memecoin developers are doing right now, But it doesn't mean that all memecoins will end up miserable and become scams, there are some memecoins that are indeed seriously built and to this day are still useful because they have real utility and are used for all sorts of things in crypto.
Yes, and that's why the memecoin use case is actually not that important right now... even the pattern we know right now is just making new memecoins bet on the hype they are looking for... meaning, it doesn't need a complicated and tiring use case, because what is needed is to spread as many seeds as possible by creating new memecoins, and waiting for the results of which meme coins are hyped... that's where developers start selling their memecoins for profit alone... and that will be repeated and repeated over and over...
The majority will use important world events to associate with their memecoins.. because branding memecoins is quite difficult and taking advantage of hype looks simpler... even though they only associate the name, not fully related internally.
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The majority will use important world events to associate with their memecoins.. because branding memecoins is quite difficult and taking advantage of hype looks simpler... even though they only associate the name, not fully related internally.
There will even be many similar memecoin names and it just depends on who is registered first and how widely they are marketing.
Memecoin snipers and insiders will always monitor the latest memecoin trends and will become hype when many influencers start buying.
Now don't just trust influencers even though they look very convincing, because in the end the memecoin you buy will be the Exit Liquidity of those who already bought it in the beginning.
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Now don't just trust influencers even though they look very convincing, because in the end the memecoin you buy will be the Exit Liquidity of those who already bought it in the beginning.
Actually I already realized it, but maybe some other people's beliefs who are about to enter the cryptocurrency realm might be that they hope that they don't miss the train... yes, the hope of many who have just entered is that they can still see another pump once again and take advantage as soon as possible... unfortunately many of them are too late...
If they don't buy, many people regret it, because they missed the opportunity to double their money... but when they buy memecoins without a clear use case, they actually lose money because they sell at a lower price.
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The majority will use important world events to associate with their memecoins.. because branding memecoins is quite difficult and taking advantage of hype looks simpler... even though they only associate the name, not fully related internally.
There will even be many similar memecoin names and it just depends on who is registered first and how widely they are marketing.
I think marketing will be same, twitter, forum and other social media that attracts crypto users. Before most of them started in 4chan because that's where most developers mostly talks about project.
Memecoin snipers and insiders will always monitor the latest memecoin trends and will become hype when many influencers start buying.
Now don't just trust influencers even though they look very convincing, because in the end the memecoin you buy will be the Exit Liquidity of those who already bought it in the beginning.
Yeah, I like your term though, meme coin sniper, but that is true, there are many crypto enthusiast who are good at it. Like combing the social media and one of the first one to invest because they know that 'early birds catches the worm'. So that is their mentality and I will say some of them are really very good at it and becoming successful.
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Yeah, I like your term though, meme coin sniper, but that is true, there are many crypto enthusiast who are good at it. Like combing the social media and one of the first one to invest because they know that 'early birds catches the worm'. So that is their mentality and I will say some of them are really very good at it and becoming successful.
Those who are earlier gain an advantage during the first rise and then they exit, but if the snipers or insiders are not disciplined they will not benefit.
Some developers also won't let people take profits at the beginning, they have to be prepared to sell first.
Sometimes those who come early will get a loss at the beginning and the project will only disappear afterwards.
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Yeah, I like your term though, meme coin sniper, but that is true, there are many crypto enthusiast who are good at it. Like combing the social media and one of the first one to invest because they know that 'early birds catches the worm'. So that is their mentality and I will say some of them are really very good at it and becoming successful.
Those who are earlier gain an advantage during the first rise and then they exit, but if the snipers or insiders are not disciplined they will not benefit.
Some developers also won't let people take profits at the beginning, they have to be prepared to sell first.
Sometimes those who come early will get a loss at the beginning and the project will only disappear afterwards.
For the experience, I think it will take sometime before we can really grasp how important for beginners. So it might take sometime for us. And also you are right about the discipline.
Maybe some of us here will think that it's easy and so when we profits we all used that money. It's not like that, maybe the next time the project that we are going to invest is not as profitable as the first one. So it might be better to at least some profit for ourselves.
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All of the projects need to focus on their use case. Because that is what many of them lack of. All they want to do is to increase the volume of their sales and holders. That's not going to work if there is no interesting thing that they offer. And so, this is the main reason why an investor invests on them. The usability of it and what it is going to be for is what mainly are being looked upon to. If there is nothing such that, it's going to take most of them to learn when they see many flops.
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And so, this is the main reason why an investor invests on them. The usability of it and what it is going to be for is what mainly are being looked upon to. If there is nothing such that, it's going to take most of them to learn when they see many flops.
Maybe this has been discussed previously, but I do think there's a different kind of 'investor' like the meme coin hunter mentioned above who doesn't care about the product but focuses on trends and short-term hype. This is why marketing and timing are also important. A project that I have followed since 2017 keeps making new products and contracts with real businesses, yet nobody knows about them because they don't spend more effort on marketing. They believe that a good product is what they need, which isn't wrong, but they fail to understand that crypto is so sensitive to trends. It's a given that they need to improve their products; it's another thing to realize they need to market themselves more in crypto because short-term traders don't want to spend extra effort learning about your new partnership that is only popular in a B2B market.
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And so, this is the main reason why an investor invests on them. The usability of it and what it is going to be for is what mainly are being looked upon to. If there is nothing such that, it's going to take most of them to learn when they see many flops.
Maybe this has been discussed previously, but I do think there's a different kind of 'investor' like the meme coin hunter mentioned above who doesn't care about the product but focuses on trends and short-term hype.
we have different approaches on investing a lot of people do not like the idea of solely depending on hype because it is risky and very rarely you will find success in but if other people are good at it then it is their risk to bear
It's a given that they need to improve their products; it's another thing to realize they need to market themselves more in crypto
having a good project is essential but so does having good marketing techniques they often come hand in hand because no matter how purposeful your project is no one is going to actually know about it unless you tell them about it
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For the experience, I think it will take sometime before we can really grasp how important for beginners. So it might take sometime for us. And also you are right about the discipline.
Learning from other people's experiences can also be done so as not to fall into the traps that are often done by beginners.
There are many references that can be learned so that you do not feel the same failure and will get some experience that can be projected to optimize the investment made.
Some beginners may go through a different process, but of course the main goal will be the same, which is how to understand the market and the project that is being worked on.
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And so, this is the main reason why an investor invests on them. The usability of it and what it is going to be for is what mainly are being looked upon to. If there is nothing such that, it's going to take most of them to learn when they see many flops.
Maybe this has been discussed previously, but I do think there's a different kind of 'investor' like the meme coin hunter mentioned above who doesn't care about the product but focuses on trends and short-term hype. This is why marketing and timing are also important. A project that I have followed since 2017 keeps making new products and contracts with real businesses, yet nobody knows about them because they don't spend more effort on marketing. They believe that a good product is what they need, which isn't wrong, but they fail to understand that crypto is so sensitive to trends. It's a given that they need to improve their products; it's another thing to realize they need to market themselves more in crypto because short-term traders don't want to spend extra effort learning about your new partnership that is only popular in a B2B market.
That makes sense, having a good product doesn't also convert into a success that these projects are going to have. Like what the people are telling, trend is our friend and those kind of investors are going on with what they can and takes advantage of the current scenario and trend for them to benefit. I understand that and there is no hope for most memecoins to have a product that's going to be for their use case because their use case is to get traded and get more volume in exchanges.
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we have different approaches on investing a lot of people do not like the idea of solely depending on hype because it is risky and very rarely you will find success in but if other people are good at it then it is their risk to bear
I understand that, and I believe that's more or less the point of my post. Basically, not everybody chases projects with real products, which is a shame, but it is what it is. A business needs to understand and plan accordingly because the market won't suddenly change its tune to fit their narrative. Whether you're a crypto business or not, I think that is essential.
I understand that and there is no hope for most memecoins to have a product that's going to be for their use case because their use case is to get traded and get more volume in exchanges.
I agree. Meme tokens or other similar products aren't the place to look for high-quality products in the sense of meaningful use cases like a new blockchain tech or something similar. It's where some money goes, hence why you need to manage your risk properly.
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I understand that and there is no hope for most memecoins to have a product that's going to be for their use case because their use case is to get traded and get more volume in exchanges.
I agree. Meme tokens or other similar products aren't the place to look for high-quality products in the sense of meaningful use cases like a new blockchain tech or something similar. It's where some money goes, hence why you need to manage your risk properly.
Yeah, we cannot that. Wherever money goes, this is the new trend that many has to follow too. But it is not guaranteed that everyone will make money on it. I didn't make that much money on it and that's why I don't follow the trend of memecoins anymore. I like the stable and better way of staying with the oldies projects that I know will do good in the future. This approach is better and working for me and if others are frustrated with the memecoins, they don't have to go elsewhere for that..
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But, no matter how good the project related to decentralized storage is, IMO it will only attract a small part of the market... why? Because currently some competitors for cloud storage or other centralized storage, it is more interesting and even has mature services... different if we look for the concept of "decentralized" only, maybe there are different choices...
Some projects that are already popular and centralized, try to make a decentralized version, for the success rate we all know it is very low... while investors need money that grows, nothing else.. in the cryptocurrency world, the hype is what is interesting, even though it is garbage...
This distributed storage platforms are not garbage while the hype projects mostly in the market are as you indicated. But nothing can happen now because investors has made their minds to not give much importance to this sector as it had its time now people are more focused on other trending projects like AI based.
It attracted a good part of market but as we all know the hype fades away and the same thing happens here. The hype faded. But still we should give chance to these new distributed storage networks.