Decentralized Storage for NFTs and More - STORJ, Filecoin, CHIAHave you guys noticed that there isn't any video NFTs out there? That's because there's nowhere to store them right now on the blockchain.
STORJ ($STORJ) has done well this year due to the fact that people are seeking decentralized storage systems due to massive demand for #NFTs.
Filecoin ($FIL) has yet to make a move but in my opinion that's because they're targeting enterprise and institutional money
Chia ($XCH) is an interesting system that uses Proof-of-Space algorithms to verify transactions, similar to Bitcoin's Proof-of-Work. It's a very obscure project but it could potentially have big upsides once the ecosystem matures since it's a way for miner-types to make a few extra bucks with the HD space that they have sitting around.
Either way, decentralized storage systems being a thing in the future seems like a sure thing at this point. Hedge your bets accordingly. 👍
