Can Filecoin Continue To Grow Without Its Incentice Program

Although Filecoin has regained ground after reaching a low point of around $4.80 in June, most of its growth has been fueled by its incentive program Filecoin Plus (Fil+). As the company explores additional ways to grow, it has announced plans for a retrieval market and the Filecoin Virtual Machine.

  • Filecoin has regained ground after reaching a low point in June
  • Most of Filecoin’s growth has been attributed to its incentive program
  • The company has been exploring additional ways to grow after concerns about what will happen once the incentive program loses steam
  • Plans announced for retrieval market and the Filecoin Virtual Machine

Since reaching a low point of around $4.80 in June, Filecoin has regained ground, mainly through its incentive program Filecoin Plus (Fil+). Acting as the most prominent driver behind most of the blockchain project’s growth, many are worried about the future of Filecoin once the program loses steam. Founded by Filecoin Labs in 2017 and …

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