How Filecoin Could Kill Amazon (The FUTURE of Decentralized Storage)

Are NFTs a full-on scam? In 2022, thousands of NFTs for the Coachella music festival were frozen leaving users without any art in their NFTs. Why? The actual assets were held on servers that belonged to FTX. This is a problem with NFTs as a whole and not just ones connected to Solana and FTX. It’s a bug in the system while we bridge the gap between Web2 and Web3. Is there a solution? Or is this the achilles heel for NFTs? And I wonder if Filecoin has anything to say about it.

0:00 Intro
0:52 The Problem
1:38 Parler
2:32 Why Decentralized is Better
4:12 What is Filecoin?
5:14 Filecoin for Storage
6:11 IPFS
7:18 FVM
8:07 Conclusion

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.

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