Filecoin is coming, how should we plan?

Will the launch of Filecoin mainnet usher in a bull market? What is the price of FIL? How should you invest? All the answers you want to know are here!

On July 6, the "Top of the Wave·Filecoin Mining New Opportunities Forum" hosted by Diancun Technology and Lieyun Finance and co-hosted by 100P Computing Power Club, BitBlue Whale, Shanghai Waiyi, and ZT Global came to a successful conclusion. In addition to receiving special support from co-organizers Bolian Finance, IPFSNEWS Chinese Information Network, and Preaching Blockchain, this forum also received strong support from many strategic media partners. As the Filecoin mainnet is about to go online, this forum deeply discussed IPFS and Filecoin from three aspects: technology, application, and industry , and made a comprehensive comparison between the former wave Bitcoin and the latter wave Filecoin, while providing a borderless communication platform for industry practitioners and enthusiasts.

Li Haotian, CEO of Diancun Technology

Li Haotian, CEO of Diancun Technology At the beginning of the forum, Li Haotian, CEO of Diancun Technology, spoke on stage as a representative of the organizer and delivered a keynote speech entitled "The Evolution of Filecoin Mining". He said that the evolutionary route of Filecoin is to compensate efficiency with performance . He pointed out that if ordinary hardware can be added according to the original idea, it is impossible to achieve the current capacity. The uneven hardware makes coordination more difficult, so the official has to improve the hardware standards to reduce the number of connected hardware . He also said that the improvement of hardware performance has a higher threshold and higher security . For many reasons, compensating efficiency with performance is a good policy. After the mainnet is launched, compensating efficiency with performance will continue. As for how to evaluate mining capacity, he pointed out that the evaluation of mining capacity mainly considers two factors: scale and efficiency, among which efficiency is the first indicator and scale is the second indicator . Efficiency is the difference between a carriage and a car, and scale is the difference between boiling an egg and powering an entire city.

Li Peicai, CEO of Shanghai Waiyi

Li Peicai, CEO of Shanghai Waiyi Next, Li Peicai, CEO of Shanghai Waiyi and vice chairman of 100P Computing Power Club, gave a keynote speech on "Opportunities and Risks of Filecoin Mining after BTC and ETH". He said that Filecoin is an incentive protocol running on IPFS , which aims to reward node miners who contribute to the storage network, while IPFS aims to create a network transmission protocol for persistent and distributed storage and sharing of files . Regarding the relationship between the two, Li Peicai said that the more IPFS applications there are, the greater the demand for distributed storage Filecoin. The two have no technical dependence, but promote each other. He also pointed out that Filecoin is a top star project with strong international consensus . It is mainly manifested in the number of developers in the community second only to ETH ; the world's largest early blockchain investment project, surpassing Tezos and Eos; breaking the world record, the fastest global fundraising of 257 million US dollars in 1 hour; Filecoin's attention is currently ranked third in the world.

ZT Global CEO Li Xiaocheng

ZT Global CEO Li Xiaocheng Then, ZT Global CEO Li Xiaocheng gave a speech. He said that the market is very hot at present. Before the mainnet is launched, everyone's expectations and imaginations about the price of the currency are like looking at a bride covered with a red veil. You will know after the red veil is lifted. At the same time, he pointed out that the current exchanges are mainly engaged in cloud computing mining and futures trading . Regarding the outlook for Filecoin, he said that whether it can bring storage tokens to start and become a hot spot in the second half of the year and whether the capital volume can be comparable to the market value of ETH and Polkadot, the answer is also the same as the bride theory, and it will only be known after the mainnet is launched.

Liu Deliang, Product Solution Architect, Alibaba Cloud

Liu Deliang, product solution architect of Alibaba Cloud Liu Deliang, product solution architect of Alibaba Cloud, delivered a keynote speech on "Alibaba Cloud IPFS Infrastructure Solution". He introduced the Alibaba Cloud IPFS solution, which includes Alibaba Cloud's general IPFS overall solution and Alibaba Cloud's IPFS intelligent hosting solution . He said that each solution has different characteristics, and Alibaba Cloud has three main advantages, including technical advantages, cost advantages and management advantages . He pointed out that the Alibaba Cloud IPFS solution can be globally networked and implemented on a global scale, and can be elastically expanded . At the same time, it can be rented on demand, with low startup costs.

Lou Danfeng, founder and chairman of Diancun Technology

Next, Lou Danfeng, founder and chairman of Diancun Technology, shared his thoughts on the "IPFS Ark Club Launch Ceremony". He pointed out that the establishment of the IPFS Ark Club was mainly based on several reasons: 1. Avoid risks; 2. Share resources and achieve win-win cooperation; 3. Promote industry standardization and regularization to solve industry problems; 4. Use the club as a main body to connect with the government and institutions to obtain development resources. He also said that the mission of the IPFS Ark Club is to promote the sustainable development of digital mining .

Afterwards, A Kun, partner of Lieyun Finance and secretary-general of 100P Computing Power Club, shared his thoughts. A Kun said that overall, the entire digital mining industry is in a state of ice and fire, the Bitcoin mining industry has encountered obstacles, and Filecoin mining is in chaos .

A Kun, Partner of Lieyun Finance

A Kun, partner of Lieyun Finance A Kun pointed out that the purpose of Lieyun Finance's launch of the Spark of the Liaoyuan Mining China Tour is to integrate power from resistance with industry partners, establish norms from chaos, and help the industry develop positively. Lieyun Finance sincerely invites friends to join this China tour. In the roundtable session with the theme of "Filecoin Mining Five Mountains Sword Discussion", Lou Danfeng, founder and chairman of Diancun Technology, Li Peicai, CEO of Shanghai Waiyi, Chen Lei, founder of BitBlue Whale, Li Xiaocheng, CEO of ZT Global, Apple, CMO of DataLine, and Fan Yuanyuan, co-founder of Bochain Finance (guest host), launched an interesting and informative discussion.

Lou Danfeng said that after the mainnet is launched, Filecoin is likely to bring a bull market in the currency circle. However, whether a big bull market can be formed depends on the final amount of funds . Li Peicai said that the development of business often follows the law of cost reduction , and transactions depend on the market. IPFS has a positive side at least in terms of storage. It will eventually reduce the data storage costs of the entire enterprise or individual, which will eventually give birth to many new business models and is in line with the trend of social development as a whole. Regarding investment, Li Peicai said that everyone should pay attention to strategies when investing, and consider position control and hedging . Chen Lei said that from a macro perspective, whether it is technology or ecology, Filecoin is expected to bring new things to the entire industry. From the perspective of the BTC group, we must also observe its technology and implementation. Regarding the price of FIL, he pointed out that the price of FIL on different exchanges varies greatly, and the smooth launch of the mainnet is a prerequisite, otherwise the evaluation is meaningless . In the first 3-6 months, due to mortgage, it theoretically rose. From the perspective of Bitcoin believers, I hope it can last longer.

Li Xiaocheng said that no matter investors, users, manufacturers, or trading platforms, everyone will have different expectations for the mainnet launch. From a price perspective, it is a struggle between multiple parties. Different starting points have different views on prices. Be cautiously optimistic about the price of the currency. In the view of DataLine CMO Apple, it is relatively safer to buy a mining machine than to buy FIL in the secondary market. Everyone has different levels of capital, and should make investments within their own affordability and maintain a normal mentality . As for how to choose a mining machine manufacturer , she said that the most important thing is to confirm the authenticity of the mining machine manufacturer . Fan Yuanyuan said that at present, Filecoin is more popular in China than abroad . China is leading the entire Filecoin, and it can even be said that China is leading the entire blockchain wave.

This forum discussed the landing points of new opportunities in Filecoin mining and jointly promoted the innovation and development of the distributed storage industry, which was well received by everyone. In the future, the organizer will continue to launch more exciting activities, so please keep a close eye on it.