How does Filecoin make money?

They earn Filecoin by winning bids and provider-fees for a particular file , which are determined by the market value of said file’s size. A retrieval providers’s bandwidth and bid/initial response time for deals (i.e., latency and proximity to clients) will determine its ability to close retrieval deals on the network.

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Does Filecoin have a future?

DigitalCoinPrice is the most optimistic price prediction yet. They predict that FIL will be valued at $24.60 by the end of 2022 . They also forecast that growth from then until 2026 will be minimal. However, from 2017 till the end of the decade, Filecoin will rise high, and by 2030, the token will be worth $98.73.

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