This sounds like Siacoin. Decentralised cloud storage where users can rent out their unused disk space for Siacoin tokens.
So, I think there is a slight difference, in addition there were some key investors, Filecoin's projection will be bigger and more interesting, it's definitely a project that will not fail to participate!
So many ICO are now/were below ICO price, especially those overvalued ICOs like Bancor, Status,BAT,Stox & many more.
I will wait for the exchange.