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Decentralized storage is very cool technology.

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by COINS NEWS 82 Views

There are many flavors like arweave, fil, ipfs.

Say you want to store something permanently on the cloud so it doesn't get lost. Any cloud provider would milk you month by month.

You can pay a one time fee on Arweave and will be permanently stored. And it's immutable. And it's not expensive at all.

  1. Not many projects provide such a useful utility.

  2. 99% of AR coins are in circulation already.

  3. It's used by Solana dapps and nfts a lot.

AR explodes this bulla imho. NFA etc etc.

Thoughts? Can you name other projects from last cycle that are providing utility and the coins are already distributed with no one to dump on you?

submitted by /u/achaldu
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