New ICO High
Filecoin – a data storage network intending to use blockchain technology (!) – today officially completed its initial coin offering (ICO), raising more than $257 million over a month of activity with $205MM coming from the ICO. $52MM had been sold ahead of the ICO to VCs – likely at a discount.
Filecoin clients can tune their storage strategy to suit their needs, creating a custom balance between redundancy, speed of retrieval, and cost. The worldwide Filecoin storage and retrieval markets make vendors compete to give you flexible options at the best prices.
