Related Reading: Stacks (STX) Drops 23%, But Recent Devs Might Slow The Trend A Series Of Wins For Filecoin Despite having a bad start in August, the ecosystem still has aces up its sleeve that might turn the tide. Yesterday, the X account Cricimiento announced that they are partnering with the Filecoin Foundation to "help advance Argentina’s crypto ecosystem” at Aleph, a crypto event in Argentina that aims to turn the country into the world’s crypto capital. 🏙️🇦🇷🌞 @FilFoundation is joining forces with Aleph! @Filecoin decentralized storage ensures secure and efficient data management using blockchain technology.
Thanks so much to everyone who runs a Station as we work to let anyone join and contribute to Web3.*(defined as unique FIL addresses completing jobs) pic.twitter.com/jSyri9dMZi — Filecoin Station (@FilecoinStation) August 2, 2024 With a big emphasis on improving Filecoin’s ability to store data for Web 3, they also released a roadmap for Spark, a step-by-step network upgrade that will improve user and developer experience on the platform. Features like better data quality, a public grant write-up system, new tools for the public, and incentives for investors will be rolled out within this mount. The Spark upgrades will cement Filecoin as a top provider of decentralized storage.
Its entry into the world of AI last month will also help boost the token’s influence in the AI and data storage industry. Slowing Bears Might Slow Weekly Losses Filecoin bulls are still struggling with deflecting the current market downturn FIL is experiencing.
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