This Co.Design article does a great job of explaining how Mediachain helps creators: http://www.fastcodesign.com/3060426/could-blockchains-solve-...
Here is our official fundraising announcement with more details: https://blog.mediachain.io/mediachain-labs-funded-by-union-s...
I've seen a lot of companies throwing around these exact buzzwords and fancy landing pages for 5 years now and most just seem to be raking in VC funding while fading into obscurity a year later.
There's a list if you scroll down on this link: http://www.blockchaintechnologies.com/blockchain-companies
We believe that value should follow the content, instead of flowing from a platform.
Today, Mediachain helps preserve attribution for creative works wherever they go, so you can know the creator of that anonymous viral image you see in your feed.
In the future the same infrastructure will enable financial exchange directly between a creator and their audience through their works.
We've written some more about the implications of Mediachain here: https://blog.mediachain.io/the-gif-that-fell-to-earth-eae706... https://blog.mediachain.io/what-a-blockchain-for-music-reall...
Now, Filecoin seems to, from the whitepaper, gotten it right. We all know of the tragedy of the commons. Their solution was an elegant way around that, by granting filecoin to whom share their bandwidth and local storage. And then, others will take your coin for duplicating files you want copied.
But right now, it doesnt exist. And IPFS still works flawlessly.
This is what every blockchain does.. (lottery mining)
>But right now, it doesnt exist. And IPFS still works flawlessly
Reading the IPFS website, I was under the impression IPFS nodes were utilizing filecoin. My bad.
It's not clear to me that Filecoin is any more or less of a scam than Bitcoin, nor that involving "blockchains" adds any value at all in this case.
And if there was a filecoin scam in there I didn't notice it neither on my pc nor on my bank or cash.