June 6, 2022, 12:25PM EDT
• 11 min read

A Look at Filecoin’s Ecosystem Developments

Quick Take

  • Filecoin is the leading protocol among a new generation of blockchain-based and crypto-enabled decentralized storage protocols in terms of used storage, storage capacity, and the size of its ecosystem
  • It is supported by lively communities of developers keen on developing new features on and applications for the base protocol, incentivized by numerous opportunities to capitalize on a massive potential market
  • Here, we take a look at Filecoin’s latest ecosystem developments to get a better sense of where the market is now and where it is going

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