Disclosure: I am co-director of Research Development at Protocol Labs.
There’s constant large amount of coins printed for the team and their VC’s in which they can sell on a daily basis to dump the market. Also new coins being owed to the miners are periodically unlocked as well (in FIL it’s like a ponzi, you gotta wait for your rewards to be unlocked after many months to take everything out). Basically too many coins can be sold daily, very little demand, real use case, or hype.
As far as the people actually using it, you can check it out here[1] We have about 18 Exabytes of space on the network, adding nearly 2+ PiB a day of new deals (people storing things). You can see a bunch of the important datasets being added here[2], replicated, universally available and uncensorable. If you see value in that, that's great! If you don't and have more feedback, we're here to help! If you hate us or want another solution, that's cool too!
[1] https://filfox.info/en [2] https://slingshot.filecoin.io/explore
> There’s constant large amount of coins printed for the team and their VC’s
But you can answer on this part without addressing the price. Is this claim factual?
Is this due to a small number of peers purchasing additional storage? When a new peer joins the network, are you able to estimate the expected number of bytes that peer will contribute to the network over its lifetime? Basically, can you calculate the “LTV” of an IPFS/Filecoin peer? (Let’s say “V” is “net storage,” i.e. the difference between storage contributed and storage consumed.)
[0] http://162.55.187.75:3000/d/CSQsORs7k/nebula?orgId=1&viewPan...