Backed By Eight VCs from Wall Street, Is Filecoin (FIL) Worth Investing?

[KuCoin Unofficial]

What do you think of when you think about Filecoin? A decentralized protocol that enables anyone to rent out spare storage space on their computer, or the largest ICO project in the crypto industry?

After years of delays, finally, the Filecoin mainnet has launched at block height 148,888. But one day after, the Filecoin miners went on strike. Is Filecoin, once co-invested by eight Wall Street Venture Capital firms, worth investing in? Can decentralized storage accelerate the mass adoption of blockchain technology?

In this article, the KuCoin blog will talk about Filecoin and tell you a few things you need to know before investing in it.
https://medium.com/kucoinexchange/backed-by-eight-vcs-from-wall-street-is-filecoin-fil-worth-investing-6a1a48308c48

[TomPluz]

There is a huge expectation that eventually FileCoin will be living up to its potential and promise. Backed by big names from different industries, there is no reason why this platform can fail, though we know that nothing can be guaranteed anywhere. Is it worth buying into? I guess so, it is. There can be a good profit to be made here short-term though holding on to long-term is something that must be assessed carefully. So good luck to people who are believing the real value of FileCoin.

[KKH84]

 The miners' strike is a signal to watch out for if you want to invest in Filecoin, I personally would avoid it first with this kind of investment, there are still lots of cryptos out there that will give you a profit.