Proposal for Filecoin

Filecoin is storage token aiming for a decentralized cloud storage network.

Technical details

• Token Name: Filecoin FIL
• Token Address (BEP20): 0x0d8ce2a99bb6e3b7db580ed848240e4a0f9ae153 ( https://bscscan.com/address/0x0d8ce2a99bb6e3b7db580ed848240e4a0f9ae153)
• Token Chain contracts on 8 chains, most importantly Binance Smart Chain, Ethereum, Polygon, Arbitrum
• Website: https://filecoin.io/
• Link to the whitepaper: https://docs.filecoin.io/

Fund allocation and personal opinion

I think there is a high chance for FIL being successful. With the recent market drop, $4,50 is a good entry point for the long term.
Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services similar to Dropbox or iCloud. The price for storage as it is now is competitively cheap.
If normal consumers start to store their data on services built on FIL, we will probably see new highs in the future.