The FIL token is used to purchase storage space and retrieve data from the Filecoin Network. At the same time, its users gain rewards for selling their excess storage using this open-source platform. To compete with existing centralized cloud storage services, Filecoin has economic incentives to ensure files are reliably stored over time. https://cointelegraph.com/news/bulls-target-100-filecoin-fil-after-data-poin... FIL could also become a way to connect with the Chinese masses tunneling through the Great Firewall of that Left-Fascist Hell-hole. It was popular there before the latest repression. DISCLOSURE - I have heavy bags in this asset and am looking to make a killing on it.