Filecoin takes the throne of blockchain 3.0!

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What is the future prospect of Filecoin?

Let’s go back to 2018, when the entire cryptocurrency market was in a downward trend. After experiencing a two-year boom in 2016-2017, the cryptocurrency market has not met people’s high expectations since 2018.

Not only are the markets of the two giants, Bitcoin and Ethereum, unstable and their prices fluctuate greatly, but also none of the new currencies that have emerged in the past two years can fully meet the "high expectations" of investors. The market is in urgent need of a "huge force" .

The market has been in a downward trend

This year, Filecoin will take the stage in an overwhelming manner. As it also comes with a crown, how many surprises will Filecoin bring? I believe everyone is waiting to see whether this "No.1 ICO in 2017" can boost the market.

The listing time is reasonable and the price trend is optimistic

The impact of the listing time must be decisive. If Filecoin was launched in 2018 or 2019, it can be said that the prospects are full of variables. At that time, the entire digital encryption market was in a "bear market" stage or a "monkey market" stage. The current situation is different. After several years of "experience", market participants are relatively familiar with the emerging investment environment of the digital encryption market, and their investments will become more rational.

And until now, the overall market trend in 2020 is still steadily rising . Coupled with the standardization and openness of blockchain and digital currency policy supervision in various countries, it will definitely attract more funds to enter. Therefore, the price trend of Filecoin after the launch of the mainnet is likely to gradually rise to a good height.

Filecoin’s launch time is perfect

Excellent public chain projects with large amounts of capital injection

Filecoin's underlying technology IPFS has been running stably for several years and has been used on the platforms of Internet giants such as Firefox, Microsoft, and Google. Therefore, Filecoin's development team eventually attracted the injection of large capital including Sequoia Capital, Andreessen Horowitz, and Union Square Ventures.

Therefore, as the infrastructure of the Internet and blockchain, Filecoin will definitely have a wide range of application scenarios.

Sequoia Capital injects into Filecoin

It can be seen that Filecoin has the technology and support to match its own high popularity, and the market's optimistic forecast for Filecoin's prospects is also reasonable. Therefore, it is highly unlikely that Filecoin will be a flash in the pan after its launch, and the price of the currency will never recover.

"Blockchain 3.0" after Bitcoin and Ethereum is also very likely to be realized on Filecoin . We have reason to believe that with the large-scale implementation of IPFS technology, Filecoin will also promote consensus improvement in this process and create its own "golden signboard" in the digital encryption industry.