IPFS did not lose all funding. Please check your facts. IPFS has largely failed to find adoption as a protocol because it was over engineered and did not give

IPFS did not lose all funding. Please check your facts. IPFS has largely failed to find adoption as a protocol because it was over engineered and did not give users what they want. People don't want decentralization. What they want is the downstream effects of decentralization like privacy, disaggregation of powerful entities, and permissionless participation. For a protocol to be adopted it needs to give individual users these things in practice, not simply be "decentralized" in design.