On paper yes. In practice a lot of these crypto coins are dominated by get rich quick types that treat the bit that actually generates value as an afterthought.

On paper yes. In practice a lot of these crypto coins are dominated by get rich quick types that treat the bit that actually generates value as an afterthought. I've not seen much evidence that Filecoin is any different. The benchmark for success here would be people participating being able to earn meaningful amounts of file coin simply by hosting ipfs data. Is that even remotely profitable at this point? IPFS as a technology is fine. It seems to work well enough though there are some resilience and scaling challenges. Your data basically disappears unless you ensure it doesn't Which is where filecoin and other incentives come in. Basically it requires you to pay for someone to host your content. Because others won't unless they happen to have downloaded your content in which case it may linger on their drive for a while. My guess is that the whole Filecoin thing is scaring away a lot of enterprise users though. What it boils down to is that things like s3 and other storage solutions are pretty robust and affordable as well if you are going to pay for hosting the files anyway. And probably a lot easier to deal with. So, for most companies they might look at it and then use something like S3. The whole business of having to buy some funny coins on a dodgy website is a bit of a nonstarter in most companies.