Filecoin is a decentralized market for storage. The idea of the project is to create a p2p network and special software which allows users buy or sell space for data storage on hard drives of their PCs. Community members can interact with each other avoiding counterparty. Filecoin, thus, provides for reliable data storage at competitive prices. Still, now it is just an idea. There is no real product yet. ICO details:
their ICO was utterly different from other ICOs as it was the first regulated token sale, and it was available for accredited investors from the USA only. Though the initial fundraising goal was $40 million, in total, they raised about $205 million from over 2100 investors. Summary:
in spite of raising a huge sum, Filecoin is still on the stage of development. Since there is no a roadmap for 2018, it is unclear when the network will eventually be launched. FIL is an application token. The total issue is limited, and the price also might climb if the platform becomes famous. At the moment, FIL isn't that much popular on exchanges. Website: filecoin.ioDate of ICO:
August 10, 2017 - September 8, 2017.