I understand the appeal of ICOs and cryptocurrencies and distributed storage that is automatically shared, decentralized, etc etc. But a part of me says "is this complexity necessary?". The appeal of a service like Dropbox is that it is simple. Most engineer friends I had at the time when services like Box and Dropbox started popping up, laughed at the idea... "It is just a fancy ftp". Now they all use these services in one way or another.

Simplicity is often an important overlooked killer feature.

And this is exactly the polar oppossite of that!

A friend of mine that has been doing ICOs behind the scenes (there is an entire methodology that makes them successful that include some questionable marketing techniques) has been pushing me to do an ICO. But one of the requirements is that the service you provide is directly tied to the currency itself. This file storage service is a perfect example of that. A cryptocurrency looking for a service that works with a paradigm vs a service that just centers on being useful for customers. I am just not interested in doing that...

I can't deny that this has been useful and profitable for him. Here has been doing successful multimilliondollar ICOs where he charges 100k a pop. To me, it just seems like such a scam to take advantage of this bubble, that I'd rather just build a healthy successful business "the old way"