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An Introduction to Filecoin

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Filecoin is a decentralized storage and distribution network that aims to take on the $46 billion dollar cloud storage industry.1 Filecoin connects customers and data storage providers from around the world to achieve an efficient and robust marketplace for data storage needs. This market is growing quickly as video streaming becomes more common, digital resolutions increase, and more connected devices come online.

Learn more about the history and defining characteristics of Filecoin in our report, which is part of the Building Blocks series:

1. Sneha Korad Rachita Rake, Vineet Kumar, “Cloud Storage Market Statistics: 2027,” ALLIED MARKET RESEARCH (April 2020), https://www.alliedmarketresearch.com/cloud-storage-market.

Access the Report

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Grayscale and NYSE file to convert GBTC into an ETF

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