How Filecoin Could Kill Amazon (The FUTURE of Decentralized Storage)

Are NFTs a full-on scam? In 2022, thousands of NFTs for the Coachella music festival were frozen leaving users without any art in their NFTs. Why? The actual assets were held on servers that belonged to FTX. This is a problem with NFTs as a whole and not just ones connected to Solana and FTX. It’s a bug in the system while we bridge the gap between Web2 and Web3. Is there a solution? Or is this the achilles heel for NFTs? And I wonder if Filecoin has anything to say about it.

0:00 Intro
0:52 The Problem
1:38 Parler
2:32 Why Decentralized is Better
4:12 What is Filecoin?
5:14 Filecoin for Storage
6:11 IPFS
7:18 FVM
8:07 Conclusion