"Filecoin is a data storage network backed by an application token."
I don't see how this is any different from other attempts to make this possible such as Storj. Why is this getting so much attention if we already have similar solutions? It sure has a catch, otherwise I don't see how this broke a record of the most sold out ICO ever. Where is the innovation at? because if there is no innovation, this must be a marketing job going on..
For the most part I think this is another coin that just got lucky and convinced some key investors that at the same time convinced even more wealthy investors and this is why they are breaking records, I do not expect anything of this coin and while I could obviously be mistaken I do not think there is going to be a lot of interest immediately after the coin is traded openly as most likely everyone that wanted to get in this coin is in already and there is no one left to buy those overpriced coins.